Financial Calculators
Depreciation Calculator
Calculate asset depreciation using three methods.
What is the Depreciation Calculator & How does it work?
Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. The straight-line method distributes the value evenly. The declining balance method accelerates the process by multiplying the remaining book value by a fixed rate. The sum-of-years' digits uses a fractions-based decreasing timeline.
$$\text{Straight-Line Depreciation} = \frac{\text{Initial Cost} - \text{Salvage Value}}{\text{Useful Life}}$$
Cost = Asset initial purchase cost
Salvage Value = Residual asset value at end of life
Useful Life = Asset lifespan in years
Salvage Value = Residual asset value at end of life
Useful Life = Asset lifespan in years
Parameters
USD
USD
Years
Total Depreciable Base
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Total Accumulated
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| Year | Beginning Book Value | Depreciation Expense | Accumulated Depreciation | Ending Book Value |
|---|
Results are for informational purposes only and do not constitute professional advice.