The Double Declining Balance Depreciation Calculator helps you calculate the depreciation expense of an asset using the double declining balance method — an accelerated depreciation technique that allows higher deductions in the early years of an asset’s life. By entering the initial cost, salvage value, and useful life of the asset, this calculator quickly shows the yearly depreciation, accumulated depreciation, and remaining book value. It’s an essential tool for accountants, business owners, and financial analysts who want to reflect the rapid loss of value of certain assets like vehicles, machinery, or technology equipment. Our free, mobile-friendly Double Declining Balance Depreciation Calculator simplifies complex calculations and helps you manage assets more effectively, plan for replacements, and maintain accurate financial statements in line with accounting standards.