Straight Line Depreciation Calculator

Enter what you know

<-- Depreciation
<-- Asset Value
<-- Salvage
<-- n
<-- t
<-- Book Value
  

An asset value worth 300000
has a salvage value of 10000
at time = 10.
Calculate the depreciation charge at time 3
using the Straight Line Method

Calculate Depreciation

Dt  =  Asset Value - Salvage Value
  N

D3  =  300000 - 10000
  10

D3  =  290000
  10

  D3  =  29000

Excel or Google Sheets formula:

=SLN(300000,10000,10)

Calculate Book Value

B3 = (1-T/N) * A + S * T / N
B3 = (1 - 3/10) * 300000 + (10000 * 3)/10
B3 = (1 - 0.3) * 300000 + 30000/10
B3 = 0.7 * 300000 + 3000
B3 = 210000 + 3000
B3 = 213000

Book Value History

TimeDtBt
029000300000
129000271000
229000242000
329000213000
429000184000
529000155000
629000126000
72900097000
82900068000
92900039000
102900010000
BV = 213000








What is the Answer?

Depreciation Charge = 29000

How does the Straight Line Depreciation Calculator work?

Free Straight Line Depreciation Calculator - Solves for Depreciation Charge, Asset Value, Salvage Value, Time, N, and Book Value using the Straight Line Method.
This calculator has 6 inputs.

What 1 formula is used for the Straight Line Depreciation Calculator?

  1. D = (A - S)/N

For more math formulas, check out our Formula Dossier

What 6 concepts are covered in the Straight Line Depreciation Calculator?

asset
Resources of value in accounting. Land, Equipment, Cash are examples
book value
the value of an asset according to its balance sheet account balance
depreciation
The reduction in value of an asset over time
salvage value
the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life.
sinking fund
a fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.
straight line depreciation
the simplest method for calculating depreciation over time. Under this method, the same amount of depreciation is deducted from the value of an asset for every year of its useful life. T

Straight Line Depreciation Calculator Video


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