jäännösarvoja

Jäännösarvoja, known in English as residual values, refers to the estimated worth of an asset at the end of its lease term or expected useful life. This concept is particularly relevant in financial contexts, such as leasing agreements and the valuation of depreciating assets.

The residual value is essentially what a party expects to sell or otherwise realize from an asset after it has been used for a certain period. For instance, in a car lease, the residual value is the predetermined amount at which the lessee can purchase the vehicle after the lease expires. This figure is crucial for calculating monthly lease payments, as it directly impacts the total depreciation the lessee is responsible for during the lease term.

Factors influencing the residual value include the asset's initial cost, expected usage, market demand for used assets of that type, the asset's condition, and technological obsolescence. A higher estimated residual value generally results in lower lease payments, while a lower residual value leads to higher payments.

In accounting, residual value, also sometimes referred to as salvage value, is used in depreciation calculations. When determining the depreciable amount of an asset, its residual value is subtracted from its cost. This depreciable amount is then expensed over the asset's useful life. Accurately estimating residual values is important for financial reporting and asset management.