Net Fixed Assets Calculator
Net Fixed Assets Calculator
Component | Description |
---|---|
Gross Fixed Assets | The total cost of fixed assets before depreciation. |
Accumulated Depreciation | The total amount of depreciation that has been charged against the assets over their useful lives. |
Net Fixed Assets | The value of fixed assets after subtracting accumulated depreciation. |
Formula | Net Fixed Assets = Gross Fixed Assets – Accumulated Depreciation |
Purpose | Used to measure the net value of a company’s fixed assets. |