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Financial

Straight-Line Depreciation

Calculate the annual depreciation of an asset using the straight-line method. This evenly distributes the cost of an asset over its useful life.

Excel Formula

=SLN(A2, B2, C2)

Step-by-Step Explanation

1

SLN calculates straight-line depreciation for one period

2

A2 is the original cost of the asset

3

B2 is the salvage value (value at end of life)

4

C2 is the useful life in periods (years)

5

Result is the depreciation amount per period

Example

Cost (A)Salvage Value (B)Life Years (C)Annual Depreciation (D)
$50,000$5,00010$4,500
$120,000$20,0005$20,000

Result: Formula in D2: =SLN(A2,B2,C2) → $4,500

Common Variations

Without SLN function

=(A2-B2)/C2

Manual calculation

Double-declining balance

=DDB(A2,B2,C2,D2)

Accelerated depreciation method

Sum-of-years digits

=SYD(A2,B2,C2,D2)

Another accelerated method

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