Stock Analysis on Net
Stock Analysis on Net

Accenture PLC (NYSE:ACN)

Analysis of Solvency Ratios 
Quarterly Data

Microsoft Excel LibreOffice Calc

Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.

Solvency Ratios (Summary)

Accenture PLC, solvency ratios (quarterly data)

Microsoft Excel LibreOffice Calc
May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015
Debt Ratios
Debt to equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to equity (including operating lease liability) 0.16 0.17 0.17 0.18 0.18 0.19 0.19 0.21 0.22 0.22 0.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to capital 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to capital (including operating lease liability) 0.14 0.15 0.15 0.15 0.15 0.16 0.16 0.17 0.18 0.18 0.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to assets (including operating lease liability) 0.08 0.08 0.08 0.08 0.08 0.09 0.09 0.09 0.10 0.10 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial leverage 2.16 2.16 2.15 2.21 2.18 2.18 2.14 2.18 2.19 2.17 2.19 2.07 2.05 2.05 2.11 2.36 2.37 2.39 2.52 2.54 2.59 2.52 2.76 2.73 2.69 2.66 3.05
Coverage Ratios
Interest coverage 188.01 133.08 133.32 131.46 126.89 196.99 191.96 205.84 248.30 245.62 270.18 273.26 299.07 287.79 307.38 298.26 293.50 288.40 278.79 297.95 328.85 355.21 375.09 345.67 — — —

Based on: 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30).

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Accenture PLC debt to equity ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Debt to equity (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. Accenture PLC debt to equity ratio (including operating lease liability) deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Accenture PLC debt to capital ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Debt to capital (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. Accenture PLC debt to capital ratio (including operating lease liability) deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Accenture PLC debt to assets ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Debt to assets (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. Accenture PLC debt to assets ratio (including operating lease liability) deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Accenture PLC financial leverage ratio increased from Q1 2022 to Q2 2022 but then slightly decreased from Q2 2022 to Q3 2022.
Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Accenture PLC interest coverage ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level.

Debt to Equity

Accenture PLC, debt to equity calculation (quarterly data)

Microsoft Excel LibreOffice Calc
May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015
Selected Financial Data (US$ in thousands)
Current portion of long-term debt and bank borrowings 8,768  9,092  9,089  12,080  9,157  9,040  8,925  7,820  8,697  6,697  3,698  6,411  4,137  4,365  4,727  5,337  2,840  2,914  2,979  2,907  2,942  2,944  2,773  2,773  2,072  1,784  1,848 
Long-term debt, excluding current portion 51,546  52,152  55,884  53,473  61,629  59,323  59,881  54,052  60,342  13,183  15,935  16,247  19,855  19,753  19,896  19,676  25,958  25,923  22,226  22,163  24,732  24,546  24,562  24,457  26,801  26,866  25,807 
Total debt 60,314  61,244  64,973  65,553  70,786  68,363  68,806  61,872  69,039  19,880  19,633  22,658  23,992  24,118  24,623  25,013  28,798  28,837  25,205  25,070  27,674  27,490  27,335  27,230  28,873  28,650  27,655 
 
Total Accenture plc shareholders’ equity 21,389,094  20,560,023  20,353,199  19,529,454  19,342,845  18,308,027  17,906,501  17,000,536  16,014,606  15,474,589  15,167,138  14,409,008  13,737,324  13,337,033  12,678,856  10,364,753  9,797,325  9,682,687  9,102,130  8,949,477  8,167,356  7,964,245  7,417,093  7,555,262  7,127,325  6,811,661  5,900,425 
Solvency Ratio
Debt to equity1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Benchmarks
Debt to Equity, Competitors2
Adobe Inc. — 0.30 0.30 0.28 0.29 0.30 0.30 0.31 0.35 0.38 0.39 0.39 0.40 0.42 0.42 0.44 0.21 0.22 0.22 0.22 0.23 0.24 0.25 0.26 0.26 0.26 0.27
Automatic Data Processing Inc. 0.71 0.59 0.57 0.53 0.35 0.34 0.34 0.35 0.37 0.37 1.11 0.42 0.38 0.67 0.52 0.58 0.50 0.51 0.54 0.50 0.49 0.52 0.47 0.45 0.45 0.47 0.43
International Business Machines Corp. — — 2.85 2.74 2.45 2.51 2.64 2.99 3.08 3.15 3.22 3.02 3.69 4.14 3.03 2.73 2.37 2.46 2.55 2.66 2.32 2.48 2.33 — — — —
Intuit Inc. 0.40 0.43 0.21 0.21 0.20 0.27 0.45 0.66 0.08 0.11 0.12 0.12 0.11 0.15 0.15 0.19 0.19 0.95 0.73 0.36 0.29 1.46 1.18 0.86 0.80 1.94 0.81
Mastercard Inc. — — 2.08 1.90 2.07 2.16 2.19 1.98 2.17 1.93 2.31 1.45 1.56 1.56 1.22 1.17 1.10 1.11 1.13 0.99 0.84 0.91 0.93 — — — —
Microsoft Corp. 0.31 0.33 0.35 0.41 0.43 0.46 0.52 0.54 0.58 0.63 0.66 0.71 0.77 0.79 0.89 0.92 0.97 1.14 0.95 1.19 1.20 1.23 1.06 0.75 0.62 0.58 0.50
Oracle Corp. — — — 16.08 7.79 8.94 7.46 5.93 3.63 3.32 2.95 2.58 2.37 1.90 1.53 1.33 1.27 1.09 0.95 1.08 1.07 1.12 1.14 — — — —
PayPal Holdings Inc. — — 0.45 0.42 0.41 0.43 0.46 0.45 0.48 0.51 0.50 0.29 0.30 0.15 0.13 0.13 0.13 0.13 0.20 0.06 0.00 0.00 0.00 — — — —
Salesforce Inc. 0.19 0.24 0.06 0.06 0.07 0.07 0.08 0.08 0.08 0.17 0.19 0.20 0.25 0.27 0.29 0.18 0.21 0.22 0.23 0.27 0.27 0.29 0.23 — — — —
ServiceNow Inc. — — 0.39 0.43 0.45 0.48 0.53 0.58 0.64 0.28 0.31 0.33 0.48 0.54 0.56 0.60 0.80 0.96 1.33 2.01 2.10 2.36 1.21 — — — —
Visa Inc. — 0.58 0.58 0.56 0.56 0.56 0.56 0.66 0.59 0.52 0.47 0.48 0.48 0.49 0.49 0.49 0.50 0.49 0.50 0.56 0.50 0.52 0.52 0.48 0.48 0.54 0.54

Based on: 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30).

1 Q3 2022 Calculation
Debt to equity = Total debt ÷ Total Accenture plc shareholders’ equity
= 60,314 ÷ 21,389,094 = 0.00

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Accenture PLC debt to equity ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Debt to Equity (including Operating Lease Liability)

Accenture PLC, debt to equity (including operating lease liability) calculation (quarterly data)

Microsoft Excel LibreOffice Calc
May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015
Selected Financial Data (US$ in thousands)
Current portion of long-term debt and bank borrowings 8,768  9,092  9,089  12,080  9,157  9,040  8,925  7,820  8,697  6,697  3,698  6,411  4,137  4,365  4,727  5,337  2,840  2,914  2,979  2,907  2,942  2,944  2,773  2,773  2,072  1,784  1,848 
Long-term debt, excluding current portion 51,546  52,152  55,884  53,473  61,629  59,323  59,881  54,052  60,342  13,183  15,935  16,247  19,855  19,753  19,896  19,676  25,958  25,923  22,226  22,163  24,732  24,546  24,562  24,457  26,801  26,866  25,807 
Total debt 60,314  61,244  64,973  65,553  70,786  68,363  68,806  61,872  69,039  19,880  19,633  22,658  23,992  24,118  24,623  25,013  28,798  28,837  25,205  25,070  27,674  27,490  27,335  27,230  28,873  28,650  27,655 
Current operating lease liabilities 733,805  728,381  738,285  744,164  733,571  733,082  732,878  756,057  738,642  737,781  710,787  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Non-current operating lease liabilities 2,694,489  2,763,519  2,674,020  2,696,917  2,643,509  2,672,945  2,627,185  2,667,584  2,704,540  2,652,548  2,651,651  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Total debt (including operating lease liability) 3,488,608  3,553,144  3,477,278  3,506,634  3,447,866  3,474,390  3,428,869  3,485,513  3,512,221  3,410,209  3,382,071  22,658  23,992  24,118  24,623  25,013  28,798  28,837  25,205  25,070  27,674  27,490  27,335  27,230  28,873  28,650  27,655 
 
Total Accenture plc shareholders’ equity 21,389,094  20,560,023  20,353,199  19,529,454  19,342,845  18,308,027  17,906,501  17,000,536  16,014,606  15,474,589  15,167,138  14,409,008  13,737,324  13,337,033  12,678,856  10,364,753  9,797,325  9,682,687  9,102,130  8,949,477  8,167,356  7,964,245  7,417,093  7,555,262  7,127,325  6,811,661  5,900,425 
Solvency Ratio
Debt to equity (including operating lease liability)1 0.16 0.17 0.17 0.18 0.18 0.19 0.19 0.21 0.22 0.22 0.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Benchmarks
Debt to Equity (including Operating Lease Liability), Competitors2
Adobe Inc. — 0.33 0.34 0.32 0.33 0.34 0.35 0.35 0.40 0.43 0.45 0.39 0.40 0.42 0.42 0.44 0.21 0.22 0.22 0.22 0.23 0.24 0.25 0.26 0.26 0.26 0.27
Automatic Data Processing Inc. 0.79 0.66 0.63 0.59 0.42 0.40 0.40 0.41 0.43 0.44 1.18 0.42 0.38 0.67 0.52 0.58 0.50 0.51 0.54 0.50 0.49 0.52 0.47 0.45 0.45 0.47 0.43
International Business Machines Corp. — — 3.02 2.92 2.65 2.72 2.86 3.23 3.32 3.39 3.47 3.27 3.98 4.44 3.33 2.73 2.37 2.46 2.55 2.66 2.32 2.48 2.33 — — — —
Intuit Inc. 0.43 0.46 0.25 0.24 0.24 0.31 0.49 0.70 0.13 0.19 0.20 0.12 0.11 0.15 0.15 0.19 0.19 0.95 0.73 0.36 0.29 1.46 1.18 0.86 0.80 1.94 0.81
Microsoft Corp. 0.38 0.40 0.42 0.48 0.50 0.53 0.58 0.60 0.65 0.70 0.72 0.77 0.83 0.86 0.95 0.99 1.05 1.21 1.02 1.19 1.20 1.23 1.06 0.75 0.62 0.58 0.50
Salesforce Inc. 0.25 0.30 0.14 0.15 0.14 0.15 0.17 0.17 0.18 0.35 0.38 0.20 0.25 0.27 0.29 0.18 0.21 0.22 0.23 0.27 0.27 0.29 0.23 — — — —
ServiceNow Inc. — — 0.55 0.60 0.63 0.64 0.69 0.75 0.82 0.48 0.53 0.53 0.79 0.88 0.91 0.60 0.80 0.96 1.33 2.01 2.10 2.36 1.21 — — — —

Based on: 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30).

1 Q3 2022 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Total Accenture plc shareholders’ equity
= 3,488,608 ÷ 21,389,094 = 0.16

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. Accenture PLC debt to equity ratio (including operating lease liability) deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level.

Debt to Capital

Accenture PLC, debt to capital calculation (quarterly data)

Microsoft Excel LibreOffice Calc
May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015
Selected Financial Data (US$ in thousands)
Current portion of long-term debt and bank borrowings 8,768  9,092  9,089  12,080  9,157  9,040  8,925  7,820  8,697  6,697  3,698  6,411  4,137  4,365  4,727  5,337  2,840  2,914  2,979  2,907  2,942  2,944  2,773  2,773  2,072  1,784  1,848 
Long-term debt, excluding current portion 51,546  52,152  55,884  53,473  61,629  59,323  59,881  54,052  60,342  13,183  15,935  16,247  19,855  19,753  19,896  19,676  25,958  25,923  22,226  22,163  24,732  24,546  24,562  24,457  26,801  26,866  25,807 
Total debt 60,314  61,244  64,973  65,553  70,786  68,363  68,806  61,872  69,039  19,880  19,633  22,658  23,992  24,118  24,623  25,013  28,798  28,837  25,205  25,070  27,674  27,490  27,335  27,230  28,873  28,650  27,655 
Total Accenture plc shareholders’ equity 21,389,094  20,560,023  20,353,199  19,529,454  19,342,845  18,308,027  17,906,501  17,000,536  16,014,606  15,474,589  15,167,138  14,409,008  13,737,324  13,337,033  12,678,856  10,364,753  9,797,325  9,682,687  9,102,130  8,949,477  8,167,356  7,964,245  7,417,093  7,555,262  7,127,325  6,811,661  5,900,425 
Total capital 21,449,408  20,621,267  20,418,172  19,595,007  19,413,631  18,376,390  17,975,307  17,062,408  16,083,645  15,494,469  15,186,771  14,431,666  13,761,316  13,361,151  12,703,479  10,389,766  9,826,123  9,711,524  9,127,335  8,974,547  8,195,030  7,991,735  7,444,428  7,582,492  7,156,198  6,840,311  5,928,080 
Solvency Ratio
Debt to capital1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Benchmarks
Debt to Capital, Competitors2
Adobe Inc. — 0.23 0.23 0.22 0.22 0.23 0.23 0.24 0.26 0.27 0.28 0.28 0.29 0.29 0.29 0.31 0.17 0.18 0.18 0.18 0.19 0.19 0.20 0.20 0.21 0.21 0.21
Automatic Data Processing Inc. 0.42 0.37 0.36 0.35 0.26 0.25 0.26 0.26 0.27 0.27 0.53 0.30 0.28 0.40 0.34 0.37 0.33 0.34 0.35 0.33 0.33 0.34 0.32 0.31 0.31 0.32 0.30
International Business Machines Corp. — — 0.74 0.73 0.71 0.72 0.73 0.75 0.76 0.76 0.76 0.75 0.79 0.81 0.75 0.73 0.70 0.71 0.72 0.73 0.70 0.71 0.70 — — — —
Intuit Inc. 0.29 0.30 0.17 0.17 0.17 0.21 0.31 0.40 0.08 0.10 0.10 0.10 0.10 0.13 0.13 0.16 0.16 0.49 0.42 0.26 0.23 0.59 0.54 0.46 0.44 0.66 0.45
Mastercard Inc. — — 0.68 0.66 0.67 0.68 0.69 0.66 0.68 0.66 0.70 0.59 0.61 0.61 0.55 0.54 0.52 0.53 0.53 0.50 0.46 0.48 0.48 — — — —
Microsoft Corp. 0.23 0.25 0.26 0.29 0.30 0.32 0.34 0.35 0.37 0.39 0.40 0.41 0.44 0.44 0.47 0.48 0.49 0.53 0.49 0.54 0.55 0.55 0.51 0.43 0.38 0.37 0.33
Oracle Corp. 1.12 1.15 1.02 0.94 0.89 0.90 0.88 0.86 0.78 0.77 0.75 0.72 0.70 0.65 0.60 0.57 0.56 0.52 0.49 0.52 0.52 0.53 0.53 — — — —
PayPal Holdings Inc. — — 0.31 0.29 0.29 0.30 0.32 0.31 0.33 0.34 0.33 0.23 0.23 0.13 0.12 0.11 0.12 0.12 0.17 0.06 0.00 0.00 0.00 — — — —
Salesforce Inc. 0.16 0.19 0.06 0.06 0.06 0.07 0.07 0.07 0.08 0.15 0.16 0.17 0.20 0.21 0.22 0.15 0.17 0.18 0.19 0.21 0.21 0.23 0.19 — — — —
ServiceNow Inc. — — 0.28 0.30 0.31 0.33 0.35 0.37 0.39 0.22 0.24 0.25 0.32 0.35 0.36 0.37 0.44 0.49 0.57 0.67 0.68 0.70 0.55 — — — —
Visa Inc. — 0.37 0.37 0.36 0.36 0.36 0.36 0.40 0.37 0.34 0.32 0.33 0.32 0.33 0.33 0.33 0.33 0.33 0.33 0.36 0.33 0.34 0.34 0.33 0.33 0.35 0.35

Based on: 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30).

1 Q3 2022 Calculation
Debt to capital = Total debt ÷ Total capital
= 60,314 ÷ 21,449,408 = 0.00

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Accenture PLC debt to capital ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Debt to Capital (including Operating Lease Liability)

Accenture PLC, debt to capital (including operating lease liability) calculation (quarterly data)

Microsoft Excel LibreOffice Calc
May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015
Selected Financial Data (US$ in thousands)
Current portion of long-term debt and bank borrowings 8,768  9,092  9,089  12,080  9,157  9,040  8,925  7,820  8,697  6,697  3,698  6,411  4,137  4,365  4,727  5,337  2,840  2,914  2,979  2,907  2,942  2,944  2,773  2,773  2,072  1,784  1,848 
Long-term debt, excluding current portion 51,546  52,152  55,884  53,473  61,629  59,323  59,881  54,052  60,342  13,183  15,935  16,247  19,855  19,753  19,896  19,676  25,958  25,923  22,226  22,163  24,732  24,546  24,562  24,457  26,801  26,866  25,807 
Total debt 60,314  61,244  64,973  65,553  70,786  68,363  68,806  61,872  69,039  19,880  19,633  22,658  23,992  24,118  24,623  25,013  28,798  28,837  25,205  25,070  27,674  27,490  27,335  27,230  28,873  28,650  27,655 
Current operating lease liabilities 733,805  728,381  738,285  744,164  733,571  733,082  732,878  756,057  738,642  737,781  710,787  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Non-current operating lease liabilities 2,694,489  2,763,519  2,674,020  2,696,917  2,643,509  2,672,945  2,627,185  2,667,584  2,704,540  2,652,548  2,651,651  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Total debt (including operating lease liability) 3,488,608  3,553,144  3,477,278  3,506,634  3,447,866  3,474,390  3,428,869  3,485,513  3,512,221  3,410,209  3,382,071  22,658  23,992  24,118  24,623  25,013  28,798  28,837  25,205  25,070  27,674  27,490  27,335  27,230  28,873  28,650  27,655 
Total Accenture plc shareholders’ equity 21,389,094  20,560,023  20,353,199  19,529,454  19,342,845  18,308,027  17,906,501  17,000,536  16,014,606  15,474,589  15,167,138  14,409,008  13,737,324  13,337,033  12,678,856  10,364,753  9,797,325  9,682,687  9,102,130  8,949,477  8,167,356  7,964,245  7,417,093  7,555,262  7,127,325  6,811,661  5,900,425 
Total capital (including operating lease liability) 24,877,702  24,113,167  23,830,477  23,036,088  22,790,711  21,782,417  21,335,370  20,486,049  19,526,827  18,884,798  18,549,209  14,431,666  13,761,316  13,361,151  12,703,479  10,389,766  9,826,123  9,711,524  9,127,335  8,974,547  8,195,030  7,991,735  7,444,428  7,582,492  7,156,198  6,840,311  5,928,080 
Solvency Ratio
Debt to capital (including operating lease liability)1 0.14 0.15 0.15 0.15 0.15 0.16 0.16 0.17 0.18 0.18 0.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Benchmarks
Debt to Capital (including Operating Lease Liability), Competitors2
Adobe Inc. — 0.25 0.25 0.24 0.25 0.25 0.26 0.26 0.29 0.30 0.31 0.28 0.29 0.29 0.29 0.31 0.17 0.18 0.18 0.18 0.19 0.19 0.20 0.20 0.21 0.21 0.21
Automatic Data Processing Inc. 0.44 0.40 0.39 0.37 0.29 0.28 0.29 0.29 0.30 0.31 0.54 0.30 0.28 0.40 0.34 0.37 0.33 0.34 0.35 0.33 0.33 0.34 0.32 0.31 0.31 0.32 0.30
International Business Machines Corp. — — 0.75 0.74 0.73 0.73 0.74 0.76 0.77 0.77 0.78 0.77 0.80 0.82 0.77 0.73 0.70 0.71 0.72 0.73 0.70 0.71 0.70 — — — —
Intuit Inc. 0.30 0.31 0.20 0.20 0.19 0.24 0.33 0.41 0.11 0.16 0.17 0.10 0.10 0.13 0.13 0.16 0.16 0.49 0.42 0.26 0.23 0.59 0.54 0.46 0.44 0.66 0.45
Microsoft Corp. 0.27 0.29 0.29 0.32 0.33 0.35 0.37 0.38 0.39 0.41 0.42 0.43 0.45 0.46 0.49 0.50 0.51 0.55 0.50 0.54 0.55 0.55 0.51 0.43 0.38 0.37 0.33
Salesforce Inc. 0.20 0.23 0.13 0.13 0.13 0.13 0.14 0.15 0.15 0.26 0.27 0.17 0.20 0.21 0.22 0.15 0.17 0.18 0.19 0.21 0.21 0.23 0.19 — — — —
ServiceNow Inc. — — 0.36 0.37 0.39 0.39 0.41 0.43 0.45 0.33 0.35 0.35 0.44 0.47 0.48 0.37 0.44 0.49 0.57 0.67 0.68 0.70 0.55 — — — —

Based on: 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30).

1 Q3 2022 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 3,488,608 ÷ 24,877,702 = 0.14

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. Accenture PLC debt to capital ratio (including operating lease liability) deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level.

Debt to Assets

Accenture PLC, debt to assets calculation (quarterly data)

Microsoft Excel LibreOffice Calc
May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015
Selected Financial Data (US$ in thousands)
Current portion of long-term debt and bank borrowings 8,768  9,092  9,089  12,080  9,157  9,040  8,925  7,820  8,697  6,697  3,698  6,411  4,137  4,365  4,727  5,337  2,840  2,914  2,979  2,907  2,942  2,944  2,773  2,773  2,072  1,784  1,848 
Long-term debt, excluding current portion 51,546  52,152  55,884  53,473  61,629  59,323  59,881  54,052  60,342  13,183  15,935  16,247  19,855  19,753  19,896  19,676  25,958  25,923  22,226  22,163  24,732  24,546  24,562  24,457  26,801  26,866  25,807 
Total debt 60,314  61,244  64,973  65,553  70,786  68,363  68,806  61,872  69,039  19,880  19,633  22,658  23,992  24,118  24,623  25,013  28,798  28,837  25,205  25,070  27,674  27,490  27,335  27,230  28,873  28,650  27,655 
 
Total assets 46,095,198  44,317,837  43,674,743  43,175,843  42,124,884  39,985,401  38,268,311  37,078,593  35,057,319  33,503,430  33,170,712  29,789,880  28,156,360  27,390,208  26,706,412  24,449,083  23,250,793  23,132,979  22,974,153  22,689,890  21,135,592  20,078,773  20,443,741  20,609,004  19,191,047  18,147,778  17,993,875 
Solvency Ratio
Debt to assets1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Benchmarks
Debt to Assets, Competitors2
Adobe Inc. — 0.16 0.16 0.15 0.16 0.16 0.16 0.17 0.18 0.19 0.19 0.20 0.21 0.21 0.21 0.22 0.12 0.12 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.16 0.16
Automatic Data Processing Inc. 0.04 0.05 0.05 0.06 0.04 0.04 0.05 0.05 0.05 0.04 0.16 0.05 0.04 0.08 0.07 0.05 0.05 0.04 0.06 0.05 0.05 0.05 0.06 0.05 0.04 0.05 0.06
International Business Machines Corp. — — 0.41 0.39 0.38 0.38 0.38 0.39 0.42 0.42 0.42 0.41 0.44 0.47 0.38 0.37 0.38 0.37 0.37 0.37 0.38 0.38 0.36 — — — —
Intuit Inc. 0.24 0.26 0.14 0.13 0.13 0.16 0.24 0.31 0.05 0.06 0.07 0.07 0.06 0.08 0.09 0.08 0.08 0.23 0.22 0.12 0.10 0.26 0.28 0.24 0.20 0.29 0.22
Mastercard Inc. — — 0.39 0.37 0.39 0.40 0.40 0.38 0.40 0.39 0.41 0.29 0.30 0.32 0.27 0.25 0.27 0.26 0.28 0.25 0.26 0.27 0.28 — — — —
Microsoft Corp. 0.14 0.16 0.16 0.17 0.19 0.20 0.21 0.21 0.23 0.25 0.25 0.25 0.28 0.28 0.30 0.29 0.31 0.35 0.34 0.36 0.37 0.38 0.35 0.28 0.26 0.25 0.22
Oracle Corp. 0.72 0.73 0.67 0.64 0.59 0.64 0.62 0.62 0.53 0.52 0.51 0.52 0.51 0.49 0.45 0.44 0.44 0.44 0.40 0.43 0.43 0.44 0.44 — — — —
PayPal Holdings Inc. — — 0.12 0.12 0.12 0.12 0.12 0.13 0.14 0.14 0.15 0.10 0.10 0.05 0.04 0.05 0.05 0.05 0.07 0.02 0.00 0.00 0.00 — — — —
Salesforce Inc. 0.12 0.15 0.04 0.04 0.05 0.05 0.05 0.05 0.06 0.09 0.10 0.10 0.14 0.14 0.14 0.08 0.10 0.10 0.11 0.11 0.13 0.12 0.10 — — — —
ServiceNow Inc. — — 0.14 0.15 0.17 0.17 0.18 0.19 0.22 0.11 0.11 0.12 0.14 0.15 0.15 0.17 0.23 0.25 0.31 0.35 0.38 0.39 0.24 — — — —
Visa Inc. — 0.26 0.26 0.25 0.25 0.26 0.26 0.30 0.27 0.25 0.22 0.23 0.24 0.24 0.23 0.24 0.24 0.24 0.25 0.27 0.25 0.25 0.26 0.25 0.25 0.29 0.29

Based on: 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30).

1 Q3 2022 Calculation
Debt to assets = Total debt ÷ Total assets
= 60,314 ÷ 46,095,198 = 0.00

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Accenture PLC debt to assets ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Debt to Assets (including Operating Lease Liability)

Accenture PLC, debt to assets (including operating lease liability) calculation (quarterly data)

Microsoft Excel LibreOffice Calc
May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015
Selected Financial Data (US$ in thousands)
Current portion of long-term debt and bank borrowings 8,768  9,092  9,089  12,080  9,157  9,040  8,925  7,820  8,697  6,697  3,698  6,411  4,137  4,365  4,727  5,337  2,840  2,914  2,979  2,907  2,942  2,944  2,773  2,773  2,072  1,784  1,848 
Long-term debt, excluding current portion 51,546  52,152  55,884  53,473  61,629  59,323  59,881  54,052  60,342  13,183  15,935  16,247  19,855  19,753  19,896  19,676  25,958  25,923  22,226  22,163  24,732  24,546  24,562  24,457  26,801  26,866  25,807 
Total debt 60,314  61,244  64,973  65,553  70,786  68,363  68,806  61,872  69,039  19,880  19,633  22,658  23,992  24,118  24,623  25,013  28,798  28,837  25,205  25,070  27,674  27,490  27,335  27,230  28,873  28,650  27,655 
Current operating lease liabilities 733,805  728,381  738,285  744,164  733,571  733,082  732,878  756,057  738,642  737,781  710,787  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Non-current operating lease liabilities 2,694,489  2,763,519  2,674,020  2,696,917  2,643,509  2,672,945  2,627,185  2,667,584  2,704,540  2,652,548  2,651,651  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Total debt (including operating lease liability) 3,488,608  3,553,144  3,477,278  3,506,634  3,447,866  3,474,390  3,428,869  3,485,513  3,512,221  3,410,209  3,382,071  22,658  23,992  24,118  24,623  25,013  28,798  28,837  25,205  25,070  27,674  27,490  27,335  27,230  28,873  28,650  27,655 
 
Total assets 46,095,198  44,317,837  43,674,743  43,175,843  42,124,884  39,985,401  38,268,311  37,078,593  35,057,319  33,503,430  33,170,712  29,789,880  28,156,360  27,390,208  26,706,412  24,449,083  23,250,793  23,132,979  22,974,153  22,689,890  21,135,592  20,078,773  20,443,741  20,609,004  19,191,047  18,147,778  17,993,875 
Solvency Ratio
Debt to assets (including operating lease liability)1 0.08 0.08 0.08 0.08 0.08 0.09 0.09 0.09 0.10 0.10 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Benchmarks
Debt to Assets (including Operating Lease Liability), Competitors2
Adobe Inc. — 0.18 0.18 0.17 0.18 0.18 0.19 0.19 0.21 0.22 0.22 0.20 0.21 0.21 0.21 0.22 0.12 0.12 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.16 0.16
Automatic Data Processing Inc. 0.05 0.06 0.06 0.07 0.04 0.05 0.05 0.06 0.05 0.05 0.17 0.05 0.04 0.08 0.07 0.05 0.05 0.04 0.06 0.05 0.05 0.05 0.06 0.05 0.04 0.05 0.06
International Business Machines Corp. — — 0.43 0.42 0.41 0.41 0.41 0.43 0.46 0.45 0.45 0.45 0.48 0.51 0.42 0.37 0.38 0.37 0.37 0.37 0.38 0.38 0.36 — — — —
Intuit Inc. 0.25 0.27 0.16 0.16 0.15 0.19 0.27 0.33 0.08 0.10 0.12 0.07 0.06 0.08 0.09 0.08 0.08 0.23 0.22 0.12 0.10 0.26 0.28 0.24 0.20 0.29 0.22
Microsoft Corp. 0.18 0.19 0.19 0.20 0.22 0.23 0.24 0.24 0.26 0.27 0.27 0.27 0.30 0.30 0.32 0.32 0.34 0.37 0.37 0.36 0.37 0.38 0.35 0.28 0.26 0.25 0.22
Salesforce Inc. 0.16 0.19 0.09 0.09 0.10 0.10 0.11 0.11 0.12 0.18 0.19 0.10 0.14 0.14 0.14 0.08 0.10 0.10 0.11 0.11 0.13 0.12 0.10 — — — —
ServiceNow Inc. — — 0.20 0.21 0.23 0.23 0.24 0.24 0.29 0.18 0.19 0.19 0.24 0.24 0.25 0.17 0.23 0.25 0.31 0.35 0.38 0.39 0.24 — — — —

Based on: 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30).

1 Q3 2022 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 3,488,608 ÷ 46,095,198 = 0.08

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. Accenture PLC debt to assets ratio (including operating lease liability) deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level.

Financial Leverage

Accenture PLC, financial leverage calculation (quarterly data)

Microsoft Excel LibreOffice Calc
May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015
Selected Financial Data (US$ in thousands)
Total assets 46,095,198  44,317,837  43,674,743  43,175,843  42,124,884  39,985,401  38,268,311  37,078,593  35,057,319  33,503,430  33,170,712  29,789,880  28,156,360  27,390,208  26,706,412  24,449,083  23,250,793  23,132,979  22,974,153  22,689,890  21,135,592  20,078,773  20,443,741  20,609,004  19,191,047  18,147,778  17,993,875 
Total Accenture plc shareholders’ equity 21,389,094  20,560,023  20,353,199  19,529,454  19,342,845  18,308,027  17,906,501  17,000,536  16,014,606  15,474,589  15,167,138  14,409,008  13,737,324  13,337,033  12,678,856  10,364,753  9,797,325  9,682,687  9,102,130  8,949,477  8,167,356  7,964,245  7,417,093  7,555,262  7,127,325  6,811,661  5,900,425 
Solvency Ratio
Financial leverage1 2.16 2.16 2.15 2.21 2.18 2.18 2.14 2.18 2.19 2.17 2.19 2.07 2.05 2.05 2.11 2.36 2.37 2.39 2.52 2.54 2.59 2.52 2.76 2.73 2.69 2.66 3.05
Benchmarks
Financial Leverage, Competitors2
Adobe Inc. — 1.88 1.89 1.84 1.81 1.85 1.84 1.83 1.91 1.99 2.03 1.97 1.96 1.98 1.98 2.00 1.74 1.74 1.73 1.72 1.70 1.71 1.72 1.71 1.70 1.69 1.68
Automatic Data Processing Inc. 17.19 11.70 11.21 8.60 9.59 8.36 7.30 6.81 7.90 9.15 7.04 7.76 9.19 8.15 8.00 10.72 10.94 11.33 9.02 9.35 10.69 10.48 8.08 9.74 11.35 9.49 7.43
International Business Machines Corp. — — 7.00 6.98 6.49 6.69 6.95 7.57 7.27 7.50 7.67 7.30 8.33 8.76 7.94 7.35 6.17 6.57 6.90 7.12 6.20 6.54 6.41 — — — —
Intuit Inc. 1.68 1.69 1.53 1.57 1.58 1.65 1.85 2.14 1.64 1.80 1.70 1.68 1.70 1.91 1.77 2.20 2.45 4.23 3.38 3.00 2.93 5.57 4.20 3.66 3.96 6.78 3.65
Mastercard Inc. — — 5.28 5.15 5.28 5.42 5.50 5.25 5.45 4.97 5.68 4.96 5.25 4.94 4.55 4.61 4.04 4.27 4.02 3.90 3.25 3.39 3.31 — — — —
Microsoft Corp. 2.12 2.13 2.21 2.35 2.30 2.34 2.44 2.55 2.49 2.57 2.63 2.80 2.78 2.81 3.00 3.13 3.10 3.27 2.78 3.33 3.23 3.26 3.02 2.69 2.43 2.35 2.23
Oracle Corp. — — — 25.03 13.27 13.90 11.96 9.56 6.79 6.33 5.76 4.99 4.61 3.87 3.37 3.00 2.89 2.48 2.39 2.51 2.48 2.55 2.60 — — — —
PayPal Holdings Inc. — — 3.68 3.49 3.37 3.53 3.73 3.52 3.55 3.58 3.40 3.04 3.05 3.00 3.05 2.82 2.89 2.77 2.89 2.55 2.45 2.35 2.29 — — — —
Salesforce Inc. 1.53 1.60 1.52 1.60 1.47 1.50 1.55 1.63 1.50 1.94 2.02 1.97 1.81 1.91 2.08 2.24 1.98 2.06 2.15 2.34 2.11 2.35 2.30 — — — —
ServiceNow Inc. — — 2.75 2.92 2.68 2.81 2.90 3.07 2.88 2.63 2.73 2.83 3.33 3.65 3.68 3.49 3.51 3.89 4.28 5.82 5.57 6.06 5.08 — — — —
Visa Inc. — 2.27 2.26 2.21 2.19 2.13 2.13 2.23 2.19 2.11 2.12 2.09 2.01 2.04 2.10 2.04 2.05 2.02 2.01 2.08 2.00 2.05 2.00 1.95 1.95 1.86 1.87

Based on: 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30).

1 Q3 2022 Calculation
Financial leverage = Total assets ÷ Total Accenture plc shareholders’ equity
= 46,095,198 ÷ 21,389,094 = 2.16

2 Click competitor name to see calculations.

Solvency ratio Description The company
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Accenture PLC financial leverage ratio increased from Q1 2022 to Q2 2022 but then slightly decreased from Q2 2022 to Q3 2022.

Interest Coverage

Accenture PLC, interest coverage calculation (quarterly data)

Microsoft Excel LibreOffice Calc
May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015
Selected Financial Data (US$ in thousands)
Net income attributable to Accenture plc 1,786,075  1,634,942  1,791,024  1,416,248  1,549,426  1,440,859  1,500,276  1,287,929  1,228,202  1,234,740  1,356,968  1,130,427  1,249,516  1,124,449  1,274,720  1,029,524  1,043,020  863,703  1,123,660  932,453  669,468  838,752  1,004,476  1,069,226  897,247  1,326,520  818,899 
Add: Net income attributable to noncontrolling interest 33,241  22,587  28,706  21,175  20,146  20,634  21,781  17,495  24,437  17,342  18,200  15,121  19,133  16,271  16,604  18,847  15,121  55,837  64,882  50,721  35,333  48,456  55,273  61,555  53,036  73,338  49,782 
Add: Income tax expense 675,308  392,921  586,402  480,382  524,429  300,950  464,810  477,931  428,134  257,474  425,479  415,204  435,658  235,534  319,160  408,243  554,417  325,257  305,582  308,827  169,599  231,302  271,372  328,132  343,421  222,734  359,682 
Add: Interest expense 12,050  11,216  11,183  12,977  28,739  8,922  8,854  14,069  4,961  8,567  5,474  7,491  5,348  5,619  4,505  5,153  5,839  3,840  4,707  4,908  3,613  3,976  3,048  3,952  3,711  4,543  4,052 
Earnings before interest and tax (EBIT) 2,506,674  2,061,666  2,417,315  1,930,782  2,122,740  1,771,365  1,995,721  1,797,424  1,685,734  1,518,123  1,806,121  1,568,243  1,709,655  1,381,873  1,614,989  1,461,767  1,618,397  1,248,637  1,498,831  1,296,909  878,013  1,122,486  1,334,169  1,462,865  1,297,415  1,627,135  1,232,415 
Solvency Ratio
Interest coverage1 188.01 133.08 133.32 131.46 126.89 196.99 191.96 205.84 248.30 245.62 270.18 273.26 299.07 287.79 307.38 298.26 293.50 288.40 278.79 297.95 328.85 355.21 375.09 345.67 — — —
Benchmarks
Interest Coverage, Competitors2
Adobe Inc. — 54.34 53.39 51.49 49.52 45.92 42.50 37.00 32.36 28.08 23.87 21.38 20.83 22.62 26.41 32.31 35.01 33.97 32.24 29.73 27.80 25.78 23.87 21.37 — — —
Automatic Data Processing Inc. 52.01 53.87 56.42 57.30 56.00 50.63 39.99 30.72 27.23 26.16 24.14 24.14 21.65 21.09 21.52 22.14 25.30 25.50 29.95 32.64 35.08 34.87 32.72 40.76 — — —
International Business Machines Corp. — — 5.40 5.19 4.77 5.09 4.97 4.60 6.54 5.90 6.64 8.56 9.95 13.80 16.74 16.69 17.42 18.08 18.23 19.54 — — — — — — —
Intuit Inc. 55.36 62.71 93.29 89.14 92.00 89.58 120.30 158.00 158.50 164.67 148.46 126.40 122.50 104.76 82.47 76.15 83.47 64.14 52.11 45.10 36.54 30.56 32.65 35.37 — — —
Mastercard Inc. — — 26.09 24.91 23.55 21.69 20.05 21.42 24.80 30.25 39.52 44.44 41.92 43.71 41.23 39.73 42.52 43.76 44.34 43.35 — — — — — — —
Oracle Corp. 3.98 4.23 6.06 6.21 6.27 6.48 6.76 7.05 7.31 7.14 6.96 6.89 6.96 6.99 7.16 7.37 7.39 7.35 7.34 7.41 — — — — — — —
ServiceNow Inc. — — 9.70 9.89 9.02 7.33 7.41 5.56 6.07 7.06 4.77 3.02 2.04 0.49 0.02 0.26 -0.09 -0.45 -0.83 -1.79 — — — — — — —
Visa Inc. — 35.59 34.68 32.31 28.80 25.56 26.07 27.72 30.42 33.24 31.52 28.92 27.13 24.15 22.89 21.92 21.27 21.96 21.72 21.77 21.19 16.92 16.52 19.76 — — —

Based on: 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-K (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30).

1 Q3 2022 Calculation
Interest coverage = (EBITQ3 2022 + EBITQ2 2022 + EBITQ1 2022 + EBITQ4 2021) ÷ (Interest expenseQ3 2022 + Interest expenseQ2 2022 + Interest expenseQ1 2022 + Interest expenseQ4 2021)
= (2,506,674 + 2,061,666 + 2,417,315 + 1,930,782) ÷ (12,050 + 11,216 + 11,183 + 12,977) = 188.01

2 Click competitor name to see calculations.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Accenture PLC interest coverage ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level.