Calculate the annual depletion expense for natural resources or other depletable assets using straight-line depreciation method
Learn how to use the Asset Depletion Calculator for natural resource extraction or other depletable assets
Suppose you purchase oil rights for $5,000,000 with an expected recovery period of 10 years and a salvage value of $500,000. The annual depletion expense would be:
$ (5,000,000 - 500,000) / 10 = $450,000 per year
The calculator uses the straight-line depreciation method to calculate the annual depletion expense. This method evenly distributes the cost of the asset (minus its salvage value) over its useful recovery period.
This calculator is particularly useful for: