Current Ratio
since 2005
Calculation
Oracle Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| 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: 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
- Current Assets
- The current assets show a general upward trend from 2005 through 2018, increasing from 8,479 million US dollars to a peak of 75,964 million US dollars in 2018. After reaching this peak, current assets exhibit a notable decline through 2023, bottoming at 21,004 million US dollars. In the years following, a modest recovery is observed, with current assets rising again to 24,579 million US dollars by 2025.
- Current Liabilities
- Current liabilities display a fluctuating pattern over the same period. Starting at 8,063 million US dollars in 2005, there is an initial decrease until 2006, followed by general increases and fluctuations. Liabilities peak twice, noticeably in 2017 at 24,178 million US dollars and again in 2025 at 32,643 million US dollars. Between these peaks, liabilities show variability but remain generally elevated compared to earlier years.
- Current Ratio
- The current ratio indicates the liquidity position and exhibits substantial variations. It increased sharply from 1.05 in 2005 to reach a high of 4.13 in 2014, reflecting strong liquidity during these years. However, after this peak, the ratio steadily declines, dropping below 1.0 in 2023 to 0.91, and further decreasing to around 0.75 by 2025. This downtrend suggests a weakening liquidity position in the most recent years.
- Overall Analysis
- The data demonstrate substantial growth in current assets until the late 2010s, paralleled by a rise in current liabilities, though at a generally slower rate until liabilities surged around 2017. The current ratio’s peak in 2014 aligns with robust increases in assets outpacing liabilities. The decline in both current assets and current ratio after 2018, alongside rising liabilities, indicates increasingly constrained liquidity. This trend may signal potential challenges in meeting short-term obligations without additional financing or asset sales. The modest rebound in current assets in the final years does not fully offset the increased liabilities, leaving the current ratio below one. Overall, the financial position regarding liquidity appears significantly weaker in recent years compared to the earlier period analyzed.
Comparison to Competitors
Oracle Corp., current ratio, long-term trends, comparison to competitors
| Oracle Corp. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | 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, 2025 | 0.75 | — | — | — | 1.77 | — | — | — | — | — | — | 1.06 | — | — | 1.90 |
| May 31, 2024 | 0.72 | 1.10 | 1.07 | 2.93 | 1.76 | 1.62 | 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 | 1.24 | 1.73 | 1.51 | 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 | 1.27 | 1.83 | 1.46 | 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 | 1.77 | 2.65 | 0.99 | 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 | 1.29 | 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 | — | 0.93 | 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 | — | 0.80 | 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 | — | 0.95 | 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 | — | 1.09 | 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 | — | 1.18 | 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 | — | 0.85 | 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 | — | 1.50 | 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 | — | 1.24 | 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 | — | 2.49 | 1.21 | 1.25 | 2.60 | — | — | 0.84 | — | 1.33 | — |
| May 31, 2010 | 1.84 | 1.46 | 3.01 | 1.26 | — | 2.84 | 1.19 | 1.88 | 2.13 | — | — | 1.88 | — | 1.35 | — |
| May 31, 2009 | 2.03 | 1.46 | 2.93 | 2.14 | — | 3.86 | 1.36 | 1.82 | 1.82 | — | — | 1.39 | — | 1.80 | — |
| May 31, 2008 | 1.81 | 1.34 | 3.59 | 1.69 | — | 2.87 | 1.15 | 1.21 | 1.45 | — | — | 1.22 | — | 1.45 | — |
| May 31, 2007 | 1.37 | 1.14 | 3.02 | 1.95 | — | 0.80 | 1.20 | 1.68 | 1.69 | — | — | 1.11 | — | 1.29 | — |
| May 31, 2006 | 1.73 | 1.26 | 4.26 | 2.39 | — | 0.77 | 1.11 | 1.79 | 2.18 | — | — | 1.29 | — | 1.03 | — |
| May 31, 2005 | 1.05 | 1.37 | 4.18 | 2.11 | — | 2.99 | 1.30 | 1.61 | 2.89 | — | — | 1.36 | — | 1.16 | — |
Based on: 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, 2025 | 0.75 | — |
| May 31, 2024 | 0.72 | 1.19 |
| May 31, 2023 | 0.91 | 1.39 |
| May 31, 2022 | 1.62 | 1.43 |
| May 31, 2021 | 2.30 | 1.67 |
| May 31, 2020 | 3.03 | 1.91 |
| May 31, 2019 | 2.49 | 1.84 |
| May 31, 2018 | 3.96 | 2.22 |
| 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 | 1.62 |
| May 31, 2009 | 2.03 | 1.63 |
| May 31, 2008 | 1.81 | 1.36 |
| May 31, 2007 | 1.37 | 1.37 |
| May 31, 2006 | 1.73 | 1.52 |
| May 31, 2005 | 1.05 | 1.70 |
Based on: 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, 2025 | 0.75 | — |
| May 31, 2024 | 0.72 | 1.24 |
| May 31, 2023 | 0.91 | 1.41 |
| May 31, 2022 | 1.62 | 1.37 |
| May 31, 2021 | 2.30 | 1.55 |
| 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 | 1.78 |
| May 31, 2006 | 1.73 | 1.85 |
| May 31, 2005 | 1.05 | 2.01 |
Based on: 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).