Stock Analysis on Net

Oracle Corp. (NYSE:ORCL)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Oracle Corp., consolidated balance sheet: assets

US$ in millions

Microsoft Excel LibreOffice Calc
May 31, 2021 May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016
Cash and cash equivalents 30,098  37,239  20,514  21,620  21,784  20,152 
Marketable securities 16,456  5,818  17,313  45,641  44,294  35,973 
Trade receivables, net of allowances for doubtful accounts 5,409  5,551  5,134  5,279  5,300  5,385 
Inventories 142  211  320  398  300  212 
Prepaid expenses and other current assets 3,462  3,321  3,105  3,026  2,837  2,591 
Current assets 55,567  52,140  46,386  75,964  74,515  64,313 
Property, plant and equipment, net 7,049  6,244  6,252  5,897  5,315  4,000 
Intangible assets, net 2,430  3,738  5,279  6,670  7,679  4,943 
Goodwill, net 43,935  43,769  43,779  43,755  43,045  34,590 
Deferred tax assets 13,636  3,252  2,696  1,491  1,143  1,291 
Other non-current assets 8,490  6,295  4,317  3,487  3,294  3,043 
Non-current assets 75,540  63,298  62,323  61,300  60,476  47,867 
Total assets 131,107  115,438  108,709  137,264  134,991  112,180 

Based on: 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Oracle Corp. current assets increased from 2019 to 2020 and from 2020 to 2021.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Oracle Corp. property, plant and equipment, net decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Oracle Corp. non-current assets increased from 2019 to 2020 and from 2020 to 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Oracle Corp. total assets increased from 2019 to 2020 and from 2020 to 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Oracle Corp. cash and cash equivalents increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Marketable securities Amount of investment in marketable security, classified as current. Oracle Corp. marketable securities decreased from 2019 to 2020 but then increased from 2020 to 2021 not reaching 2019 level.
Trade receivables, net of allowances for doubtful accounts Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Oracle Corp. trade receivables, net of allowances for doubtful accounts increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Oracle Corp. inventories decreased from 2019 to 2020 and from 2020 to 2021.