What is this calculator?
Calculate straight-line annual depreciation.
What can you use it for?
Use this tool to compare a financial scenario using the assumptions you control. Calculate straight-line annual depreciation.
How to use it
- Enter asset cost.
- Enter residual value.
- Enter useful life (years).
- Select Calculate (or Generate for random tools).
- Read the answer and any additional results below the form. Check the units and the limits of the method.
Formula and method
Result = (asset cost-residual value)/useful life
The formula uses the units and definitions shown above. Each input is substituted before the arithmetic is evaluated; the calculated output is rounded for display.
Worked example
Asset cost: 100000, Residual value: 10000, Useful life (years): 5. The result is 18,000 (result).
Assumptions and limits
Straight-line method; tax depreciation schedules are not applied.
Frequently asked questions
What inputs does the Depreciation Calculator need?
Use asset cost, residual value, useful life (years). Read the answer and any additional results below the form. Check the units and the limits of the method.
What assumptions apply to the Depreciation Calculator?
Straight-line method; tax depreciation schedules are not applied.