Current Ratio
since 2005
Calculation
Oracle Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| May 31, 2026 | 1.12 | = | 46,567) | ÷ | 41,764) |
| May 31, 2025 | 0.75 | = | 24,579) | ÷ | 32,643) |
| May 31, 2024 | 0.72 | = | 22,554) | ÷ | 31,544) |
| May 31, 2023 | 0.91 | = | 21,004) | ÷ | 23,090) |
| May 31, 2022 | 1.62 | = | 31,633) | ÷ | 19,511) |
| May 31, 2021 | 2.30 | = | 55,567) | ÷ | 24,164) |
| May 31, 2020 | 3.03 | = | 52,140) | ÷ | 17,200) |
| May 31, 2019 | 2.49 | = | 46,386) | ÷ | 18,630) |
| May 31, 2018 | 3.96 | = | 75,964) | ÷ | 19,195) |
| May 31, 2017 | 3.08 | = | 74,515) | ÷ | 24,178) |
| May 31, 2016 | 3.74 | = | 64,313) | ÷ | 17,208) |
| May 31, 2015 | 4.13 | = | 63,183) | ÷ | 15,291) |
| May 31, 2014 | 3.35 | = | 48,138) | ÷ | 14,389) |
| May 31, 2013 | 3.24 | = | 41,692) | ÷ | 12,872) |
| May 31, 2012 | 2.60 | = | 40,023) | ÷ | 15,388) |
| May 31, 2011 | 2.76 | = | 39,174) | ÷ | 14,192) |
| May 31, 2010 | 1.84 | = | 27,004) | ÷ | 14,691) |
| May 31, 2009 | 2.03 | = | 18,581) | ÷ | 9,149) |
| May 31, 2008 | 1.81 | = | 18,103) | ÷ | 10,029) |
| May 31, 2007 | 1.37 | = | 12,883) | ÷ | 9,387) |
| May 31, 2006 | 1.73 | = | 11,974) | ÷ | 6,930) |
| May 31, 2005 | 1.05 | = | 8,479) | ÷ | 8,063) |
Based on: 10-K (reporting date: 2026-05-31), 10-K (reporting date: 2025-05-31), 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 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), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
1 US$ in millions
The liquidity position of the organization exhibited three distinct phases between 2005 and 2026: a period of aggressive liquidity expansion, a subsequent sharp contraction, and a projected recovery phase.
- Liquidity Expansion Phase (2005–2018)
- A consistent upward trend in the current ratio is observed during this period, rising from 1.05 in 2005 to a peak of 4.13 in 2015. This growth was primarily driven by a substantial increase in current assets, which grew from 8,479 million USD in 2005 to a peak of 75,964 million USD in 2018. During this timeframe, current assets expanded at a significantly faster rate than current liabilities, resulting in a highly liquid position that reached its zenith in the mid-2010s.
- Liquidity Contraction Phase (2019–2024)
- A significant reversal in liquidity trends occurred starting in 2019. The current ratio declined sharply from 3.96 in 2018 to a low of 0.72 by May 31, 2024. This deterioration is attributed to a steep reduction in current assets, which fell from 75,964 million USD in 2018 to 22,554 million USD in 2023. Concurrently, current liabilities trended upward, increasing from 19,195 million USD in 2018 to 31,544 million USD in 2024. The breach of the 1.0 ratio threshold between 2023 and 2024 indicates a period where short-term obligations exceeded liquid assets.
- Projected Recovery Trend (2025–2026)
- The data indicates a forecasted improvement in the short-term financial position. Current assets are projected to increase significantly, reaching 46,567 million USD by May 31, 2026. While current liabilities are also expected to rise to 41,764 million USD in the same period, the projected growth in assets is sufficient to return the current ratio to a positive threshold, reaching 1.12 by 2026.
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Comparison to Competitors
Oracle Corp., current ratio, long-term trends, comparison to competitors
| Oracle Corp. | Accenture PLC | Adobe Inc. | AppLovin Corp. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Datadog Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 31, 2026 | 1.12 | — | — | — | — | 1.77 | — | — | — | — | — | — | 0.76 | — | — | 1.32 |
| May 31, 2025 | 0.75 | 1.42 | 1.00 | 3.32 | 2.86 | 1.77 | 3.38 | 0.96 | 1.36 | 1.35 | 7.11 | 0.94 | 1.06 | 1.00 | 1.62 | 1.90 |
| May 31, 2024 | 0.72 | 1.10 | 1.07 | 2.19 | 2.93 | 1.76 | 2.64 | 1.04 | 1.29 | 1.27 | 5.96 | 0.89 | 1.09 | 1.10 | 2.44 | 1.97 |
| May 31, 2023 | 0.91 | 1.30 | 1.34 | 1.71 | 1.24 | 1.73 | 3.17 | 0.96 | 1.47 | 1.77 | 5.55 | 0.78 | 1.02 | 1.06 | 1.15 | 1.75 |
| May 31, 2022 | 1.62 | 1.23 | 1.11 | 3.35 | 1.27 | 1.83 | 3.09 | 0.92 | 1.39 | 1.78 | 5.17 | 0.77 | 1.05 | 1.11 | 1.09 | 1.03 |
| May 31, 2021 | 2.30 | 1.25 | 1.25 | 5.05 | 1.77 | 2.65 | 3.54 | 0.88 | 1.94 | 2.08 | 4.34 | 0.91 | 1.23 | 1.05 | 1.16 | 1.12 |
| May 31, 2020 | 3.03 | 1.40 | 1.48 | — | 1.86 | 2.38 | 5.77 | 0.98 | 2.26 | 2.52 | 3.74 | 1.91 | 1.08 | 1.21 | 1.19 | 1.04 |
| May 31, 2019 | 2.49 | 1.40 | 0.79 | — | 1.74 | — | 4.51 | 1.02 | 1.83 | 2.53 | — | 1.78 | 0.95 | 1.03 | 0.99 | 1.11 |
| May 31, 2018 | 3.96 | 1.34 | 1.13 | — | 1.34 | — | — | 1.29 | 1.14 | 2.90 | — | 1.93 | 0.92 | 1.17 | 0.73 | 1.92 |
| May 31, 2017 | 3.08 | 1.23 | 2.05 | — | 1.53 | — | — | 1.33 | 0.73 | 2.48 | — | 1.65 | 0.83 | 1.15 | 1.04 | 1.93 |
| May 31, 2016 | 3.74 | 1.35 | 2.08 | — | 1.20 | — | — | 1.21 | 0.72 | 2.35 | — | 2.03 | 0.77 | 1.25 | 1.00 | 2.56 |
| May 31, 2015 | 4.13 | 1.36 | 2.18 | — | 1.80 | — | — | 1.24 | 1.47 | 2.50 | — | 1.04 | 0.81 | 1.48 | 0.99 | 3.29 |
| May 31, 2014 | 3.35 | 1.46 | 1.85 | — | 1.33 | — | — | 1.25 | 1.84 | 2.50 | — | 2.75 | 0.67 | 1.79 | 1.09 | 4.80 |
| May 31, 2013 | 3.24 | 1.45 | 2.65 | — | 1.06 | — | — | 1.28 | 1.87 | 2.71 | — | 2.57 | 0.69 | 2.43 | 1.18 | 3.47 |
| May 31, 2012 | 2.60 | 1.55 | 3.41 | — | 1.14 | — | — | 1.13 | 1.20 | 2.60 | — | 3.13 | 0.72 | 1.99 | 0.91 | — |
| May 31, 2011 | 2.76 | 1.45 | 3.02 | — | 1.05 | — | — | 1.21 | 1.25 | 2.60 | — | — | 0.84 | — | 1.33 | — |
| May 31, 2010 | 1.84 | 1.46 | 3.01 | — | 1.26 | — | — | 1.19 | 1.88 | 2.13 | — | — | 1.88 | — | 1.35 | — |
| May 31, 2009 | 2.03 | 1.46 | 2.93 | — | 2.14 | — | — | 1.36 | 1.82 | 1.82 | — | — | 1.39 | — | 1.80 | — |
| May 31, 2008 | 1.81 | 1.34 | 3.59 | — | 1.69 | — | — | 1.15 | 1.21 | 1.45 | — | — | 1.22 | — | 1.45 | — |
| May 31, 2007 | 1.37 | 1.14 | 3.02 | — | 1.95 | — | — | 1.20 | 1.68 | 1.69 | — | — | 1.11 | — | 1.29 | — |
| May 31, 2006 | 1.73 | 1.26 | 4.26 | — | 2.39 | — | — | 1.11 | 1.79 | 2.18 | — | — | 1.29 | — | 1.03 | — |
| May 31, 2005 | 1.05 | 1.37 | 4.18 | — | 2.11 | — | — | 1.30 | 1.61 | 2.89 | — | — | 1.36 | — | 1.16 | — |
Based on: 10-K (reporting date: 2026-05-31), 10-K (reporting date: 2025-05-31), 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 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), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
Comparison to Sector (Software & Services)
Oracle Corp., current ratio, long-term trends, comparison to sector (software & services)
| Oracle Corp. | Software & Services | |
|---|---|---|
| May 31, 2026 | 1.12 | — |
| May 31, 2025 | 0.75 | 1.25 |
| May 31, 2024 | 0.72 | 1.20 |
| May 31, 2023 | 0.91 | 1.40 |
| May 31, 2022 | 1.62 | 1.44 |
| May 31, 2021 | 2.30 | 1.69 |
| May 31, 2020 | 3.03 | 1.92 |
| May 31, 2019 | 2.49 | 1.84 |
| May 31, 2018 | 3.96 | 2.23 |
| May 31, 2017 | 3.08 | 2.06 |
| May 31, 2016 | 3.74 | 2.03 |
| May 31, 2015 | 4.13 | 2.15 |
| May 31, 2014 | 3.35 | 2.01 |
| May 31, 2013 | 3.24 | 2.04 |
| May 31, 2012 | 2.60 | 1.84 |
| May 31, 2011 | 2.76 | 1.87 |
| May 31, 2010 | 1.84 | 1.61 |
| May 31, 2009 | 2.03 | 1.62 |
| May 31, 2008 | 1.81 | 1.36 |
| May 31, 2007 | 1.37 | 1.38 |
| May 31, 2006 | 1.73 | 1.53 |
| May 31, 2005 | 1.05 | 1.70 |
Based on: 10-K (reporting date: 2026-05-31), 10-K (reporting date: 2025-05-31), 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 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), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
Comparison to Industry (Information Technology)
Oracle Corp., current ratio, long-term trends, comparison to industry (information technology)
| Oracle Corp. | Information Technology | |
|---|---|---|
| May 31, 2026 | 1.12 | — |
| May 31, 2025 | 0.75 | 1.40 |
| May 31, 2024 | 0.72 | 1.25 |
| May 31, 2023 | 0.91 | 1.41 |
| May 31, 2022 | 1.62 | 1.37 |
| May 31, 2021 | 2.30 | 1.56 |
| May 31, 2020 | 3.03 | 1.71 |
| May 31, 2019 | 2.49 | 1.66 |
| May 31, 2018 | 3.96 | 1.88 |
| May 31, 2017 | 3.08 | 2.04 |
| May 31, 2016 | 3.74 | 2.01 |
| May 31, 2015 | 4.13 | 2.03 |
| May 31, 2014 | 3.35 | 1.97 |
| May 31, 2013 | 3.24 | 2.20 |
| May 31, 2012 | 2.60 | 2.07 |
| May 31, 2011 | 2.76 | 2.11 |
| May 31, 2010 | 1.84 | 2.01 |
| May 31, 2009 | 2.03 | 2.03 |
| May 31, 2008 | 1.81 | 1.80 |
| May 31, 2007 | 1.37 | 1.79 |
| May 31, 2006 | 1.73 | 1.85 |
| May 31, 2005 | 1.05 | 2.01 |
Based on: 10-K (reporting date: 2026-05-31), 10-K (reporting date: 2025-05-31), 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 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), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).