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Finance

Double-Declining Depreciation Calculator

Estimate one year of declining-balance depreciation subject to a salvage floor.

Amounts stay on this deviceMethod and assumptions below

Your financial inputs

Runs on your device

YOUR FINANCIAL SUMMARY

Your result

Let’s calculate.

Use the Calculate button to see your result.

Estimate based on your inputs and the stated assumptions.

How to use this tool

  1. Enter opening book value, salvage value, useful life.
  2. Select Calculate to view the result.
  3. Check the method and assumptions below before using the result.

The method, explained

Depreciation = min(opening book value × 2/life, opening book value − salvage).

A WORKED EXAMPLE

Using opening book value = 10000 money, salvage value = 1000 money, useful life = 5 years, the result is 4000 currency. Change these example inputs to match your task; use the method above to check each step.

What to keep in mind

A scenario calculation using your inputs, before unlisted fees or taxes. It is not a quoted product rate or personalized recommendation.

Common questions

Which inputs does this calculation need?

Estimate one year of declining-balance depreciation subject to a salvage floor. Enter opening book value in money, salvage value in money, useful life in years. The filled example is editable and is not a saved personal record.

How should I interpret the result?

A scenario calculation using your inputs, before unlisted fees or taxes. It is not a quoted product rate or personalized recommendation.

Methodology maintained by ClarityKit. How these tools are built and checked.