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Asset Depreciation Calculator

Depreciation allows businesses to spread the cost of physical assets (such as a piece of machinery or a fleet of cars) over a period of years for accounting and tax purposes. Need a quick calculation? Use our tool!

Asset name
Provide a unique identifier or name for the asset you're depreciating.

Currency
Select the currency for the asset's value.

Depreciation method
Straight-line spreads cost evenly across the asset's life. Double-declining accelerates cost recognition.

Useful life (years): 10 years
Adjust the slider to set the expected useful life of the asset.

Purchase price
Enter the initial cost of the asset.

Salvage value
Enter the expected value of the asset at the end of its useful life.

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