Double Declining Balance Calculator
Calculate accelerated depreciation using the double declining balance method.
Inputs
$
$
years
Results
Current Year Depreciation
$10,000.00
≈ 7 months of rent
Accumulated Depreciation$10,000.00
Book Value$40,000.00
DDB Rate20%
Effective Rate20%
How to Use This Calculator
- Enter the asset's original cost.
- Input the estimated salvage value at end of useful life.
- Set the useful life in years.
- Select the year of the asset's life you want to view.
- Review the current year depreciation expense, accumulated depreciation, and net book value.
How the result changes with Current Year
| Current Year | Current Year Depreciation |
|---|---|
| 5.9 | $4,096.00 |
| 18 | $0.00 |
| 33 | $0.00 |
| 45 | $0.00 |
What each input means
- Asset Cost
- Original purchase price of the asset.
- Salvage Value
- Estimated value at end of useful life.
- Useful Life
- Expected useful life in years.
- Current Year
- Year of depreciation to calculate.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersAsset Cost = 50000, Salvage Value = 5000, Useful Life = 10, Current Year = 1 = 4 input(s) provided
- Calculate Current Year DepreciationCurrent Year Depreciation10000 = $10,000
- Calculate Accumulated Depreciation10000 = $10,000
- Calculate Book ValueBook Value40000 = $40,000
Engine last updated . Checked against 1 independently-derived test — how we verify calculators.
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