Free Tools

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!

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

Select the currency for the asset's value.

Straight-line spreads cost evenly across the asset's life. Double-declining accelerates cost recognition.
10 years
Adjust the slider to set the expected useful life of the asset.

Enter the initial cost of the asset.

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