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Depreciation Calculator

Home/ Depreciation Calculator

Cost of Asset

Salvage Value

%

Duration (Years)

Years

Depreciation Method

Calculation

What is a Depreciation Calculator?

Depreciation is an accounting concept that allows you to calculate the amount of money that your assets could lose over a period of time. This can be useful if you want to determine the true value of your assets. A depreciation calculator is a tool used to calculate the depreciation that has occurred on an asset since it was purchased.

You can use the Capx Depreciation Calculator to determine how much money you could get back from your investment after depreciation in assets such as vehicles, machinery, or equipment.

How Does a Depreciation Calculator Work?

A depreciation calculator would take into account the asset cost, time of purchase, salvage value (estimated worth of asset at the end of its useful life), and depreciation year to estimate the total depreciation.

You can employ the straight-line method, declining balance method, or sum of the year’s digits to calculate your depreciation. Use Capxx's depreciation calculator to check the depreciation value in a quick and hassle-free manner.

Here’s how you can calculate depreciation on your assets

  • Select the depreciation method
  • Select the asset cost
  • Select the salvage value
  • Select the depreciation year

And that’s it! Your depreciation value will be displayed in a matter of seconds.

Frequently asked questions

Depreciation is the process of allocating the cost of an asset over its useful life. In other words, it’s a way to estimate how much you’ll get back from your investment when you re-sell it. Depreciation is not just for cars and houses—it can be applied to any asset.
Calculating depreciation helps businesses track asset value, reduce tax liabilities, and manage finances effectively by allocating costs over time.
Not all assets undergo depreciation. Tangible assets like machinery and vehicles depreciate, while intangible assets like patents are amortized.
The minimum depreciation depends on accounting policies, asset type, and tax regulations, but in many cases, it's a fixed percentage of the asset’s value.
Depreciation can be recorded monthly or annually, depending on the accounting method and business needs.