Eikäyttöarvo

Eikäyttöarvo, often translated as "residual value" or "salvage value," refers to the estimated value of an asset at the end of its useful life or lease term. This value is crucial for accounting purposes, particularly in calculating depreciation. When an asset is purchased, its cost is spread over its expected useful life. The residual value is the portion of the asset's cost that is not depreciated, as it is expected to be recovered at the end of the asset's service.

The determination of an accurate eikäyttöarvo requires careful consideration of various factors. These can include the asset's condition, expected market demand for used assets of that type, technological obsolescence, and the costs associated with disposing of or selling the asset. For leased assets, the residual value is a key component in determining the lease payments. A higher estimated residual value generally leads to lower lease payments.

In accounting, if the actual value realized at the end of an asset's life is significantly different from the estimated eikäyttöarvo, an adjustment may be necessary. This can impact the reported profit or loss for the period. For example, if an asset is sold for less than its book value (which includes the undepreciated residual value), a loss is recognized. Conversely, if it sells for more, a gain is recorded. It is a forward-looking estimate that plays an important role in financial reporting and asset management.