Residual Value: Meaning, Calculation & Use

Residual value is the estimated worth of an asset after its useful life ends. It helps in calculating depreciation, lease pricing, and loan evaluation. Use the formula: Residual Value = Salvage Value – Disposal Cost. It’s vital for cost analysis, leasing decisions, and asset management, especially in real estate.

• Website URL: https://www.herohousingfinance.com/blog/knowledge-series-of-experts/residual-value
• Country List: India