Depreciation Comparison Calculator
When an asset loses value equally over a set period of time, it is known as Straight Line Depreciation.
When an asses loses value by an annual percentage, it is known as Declining Balance Depreciation.
After calculating both our calculator allows the comparison of both these method, while also displaying a line chart.
The calculations and their results are shown side by side in order to allow comparisons.
We also offer a function for you to add the results you have gathered to a table in order for you to compare them.
The following algorithms are included with this calculator:
Straight Line Depreciation:
Depreciation per period = (the asset value minus the final value) divided by the total number of periods
Number of depreciation periods = (the asset value minus the final value) divided by the value per period
Declining Balance Depreciation:
Depreciation amount = the asset value multiplied by the annual percentage
Balance is the asset value minus the depreciation value