Need to figure out how an asset loses value over time? The Depreciation Calculator gives you quick, clear answers using multiple standard methods. Whether you’re working with straight-line or double declining balance, this tool does the math and shows you the yearly breakdown instantly.
No complicated forms, no spreadsheets. Just enter the asset details, choose the method, and watch the results appear right away. You can even toggle options for rounding or include salvage value if it matters to your calculation.
How to Use:
- Enter the Asset Cost, Salvage Value, and Useful Life in years.
- (Optional) For Units of Production method, enter the Total Units and the Units Used Per Year (comma-separated).
- Choose your depreciation method under Options:
- Straight-Line
- Double Declining Balance
- Sum-of-Years’ Digits
- Units of Production
- Use the toggles to:
- Show Yearly Breakdown
- Round values to the nearest dollar
- Include Salvage Value in the summary
- The output appears live on the right and flashes when updated.
- Use the buttons at the bottom to Export, Copy, or Clear the result.
What Depreciation Calculator can do:
The Depreciation Calculator supports multiple modes to match how you track asset depreciation. Straight-line gives equal amounts yearly, while DDB and SYD front-load higher amounts early on. If you track by usage, the Units of Production method works off your input on actual usage.
Toggles give you control over presentation: whether to round figures, include salvage value totals, or get a breakdown year-by-year. All calculations update instantly with live output, so you can tweak numbers and see results right away.
Example:
Settings:Asset Cost: 10000, Salvage Value: 1000, Useful Life: 5Method: Straight-LineShow Breakdown: ON, Round Output: OFF, Include Salvage: ON
Output:
Depreciation: 9000
Year 1: 1800
Year 2: 1800
Year 3: 1800
Year 4: 1800
Year 5: 1800
Common Use Cases:
This tool is perfect for small business owners, accountants, and students who need fast depreciation schedules. Whether you’re planning tax deductions, calculating book value, or just trying to understand how an asset’s value drops, this tool gives you clear answers with zero setup.
Useful Tools & Suggestions:
If you’re using a general depreciation calculator, the Straight-Line Depreciation Calculator is a solid starting point it’s the most straightforward method and works well for consistent asset use. You could also check out the Double Declining Balance Depreciation Tool to explore accelerated depreciation if you need bigger write-offs earlier in an asset’s life.