Straight Line Net Book Value Calculator

When it reaches the end of its useful life the nbv should be equal to its salvage value.

Straight line net book value calculator. Net book value formula original purchase cost accumulated depreciation original purchase cost here means the purchase price of the asset paid at the time when the company purchased the assets. Also known as residual value or scrap value useful life. Depreciation per year book value depreciation rate.

This means that the new book value at the end of an accounting period would be 20 less than the previous book value. Use a depreciation factor of two when doing calculations for double declining balance depreciation. Straight line depreciation schedule calculator download.

The value of the assets is largely dependent on the book value. Double declining balance is the most widely used declining balance depreciation method which has a depreciation rate that is twice the value of straight line depreciation for the first year. The formula for calculating nbv is as follows.

Inputs asset cost the original value of your asset or the depreciable cost. The formula used to calculate the net book value of the assets is as below. How does this straight line depreciation calculator work.

B book value over a period of time p present amount or worth. Sample calculation of net book value. B p p s t n where.

Net book value original asset cost accumulated depreciation. For example double declining depreciation for asset with a 10 year life would be 2 x 10 or 20. Depreciation per year is calculated using below formula depreciation per year cost of asset salvage value useful life of asset.