Calculate Depreciation Effortlessly: Free Straight-Line Calculator
Straight-Line Depreciation Calculator
Calculate the annual depreciation expense for an asset using the straight-line method.
Input Your Data
The initial cost of the asset.
The estimated residual value of the asset at the end of its useful life.
The estimated number of years the asset will be used.
Your Results
Total Depreciable Amount:
$0.00
The portion of the asset's cost that will be depreciated over its useful life.
Annual Depreciation:
$0.00
The amount of depreciation expense recognized each year.
How It Works
- Enter the initial cost of the asset.
- Input the estimated salvage value (what the asset is worth at the end of its useful life).
- Provide the estimated useful life of the asset in years.
- Click "Calculate" to see the total depreciable amount and the annual depreciation expense.
- The "Clear" button will reset all fields.
Formula for Total Depreciable Amount: Asset Cost - Salvage Value
Formula for Annual Depreciation: (Asset Cost - Salvage Value) / Useful Life
