| Data set information | |
| Name | Equipment Depreciation |
| Synonyms | Asset Depreciation; Machinery Depreciation |
| Classification |
Class name
:
Hierarchy level
No records found. |
| Sum Formula | depreciation = (remaining asset lifetime/ SYD) x (cost value - salvage value) |
| General comment | Equipment depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset, specifically equipment, over its useful life. It represents how much of an asset's value has diminished due to its regular usage in business. Understanding depreciation on machinery helps with better business intelligence, including critical repair-or-replace decisions. The depreciation value can be calculated using various methods, such as the Straight Line Method (SLM). |
| Quantitative reference | |
| Reference Flow Property | |
| LCI method | |
| Type of flow | Product flow |
| Data entry by | |
| Time stamp (last saved) | 2024-04-16T19:00:22.033656+08:00 |
| Data set format(s) | |
| Publication and ownership | |
| UUID | 148bb432-9f3f-4de6-9b0c-ac34ab2f70a9 |
| Data set version | 00.01.005 |
| Flow Property | Mean value | Minimum value | Maximum value | Uncertainty distribution type | Relative StdDev in % | Data derivation type / status | General comment |
|---|---|---|---|---|---|---|---|
| 1.0 | 0.0 | 0.0 | 0.0 % |