The identity of assets and liabilities is the basis of all accounting, which is called *double entry* bookkeeping for a reason.
The idea of a net asset is a round square and a misunderstanding. That is all.
Ex 32:7-8
7 Then the LORD said to Moses, "Go down, because your people, whom you brought up out of Egypt, have become corrupt. 8 They have been quick to turn away from what I commanded them and have made themselves an idol cast in the shape of a calf. They have bowed down to it and sacrificed to it and have said, 'These are your gods , O Israel, who brought you up out of Egypt.'