Stock Analysis on Net

Oracle Corp. (NYSE:ORCL)

$24.99

Debt to Equity
since 2005

Microsoft Excel

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Oracle Corp., debt to equity, long-term trends, calculation

Microsoft Excel

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


Trends in Notes Payable and Other Borrowings
There is a clear upward trend in the notes payable and other borrowings from 2005 through 2025, with values increasing from $2,852 million in 2005 to $92,568 million in 2025. This growth reflects a significant increase in the company's borrowing over the 20-year period, with notable spikes occurring between 2013 and 2015, and again between 2019 and 2021. The borrowing peaked in 2023 at $90,481 million, followed by a slight fluctuation but generally maintaining high levels.
Trends in Stockholders’ Equity
The stockholders’ equity shows a general increase from 2005, starting at $10,837 million and peaking at $53,860 million in 2017. However, following 2017, there is a marked decline leading to a negative equity of -$6,220 million in 2022. After this low point, equity recovers slightly to $20,451 million in 2025. This fluctuation indicates periods of significant financial stress or restructuring affecting shareholder value, particularly around the early 2020s.
Debt to Equity Ratio Analysis
The debt to equity ratio moves upward over time, starting modestly at 0.26 in 2005, indicating low leverage relative to equity. By 2015, this ratio rises to 0.86 and continues increasing sharply thereafter, exceeding 1.0 in 2017 and reaching an extreme peak of 84.33 around 2023. The extraordinarily high value corresponds to the period where equity was negative, denoting very high leverage and financial risk. The ratio moderates somewhat to 4.53 by 2025 but remains elevated compared to earlier years, suggesting sustained reliance on debt financing relative to equity.
Overall Financial Position Insights
The company exhibits increasing borrowing over the analyzed period, coupled with periods of fluctuating equity that include a phase of negative equity. The high levels of debt in relation to equity toward the latter years signify greater financial leverage and potential increased risk. While some recovery in equity and a reduction in the debt to equity ratio appear by 2025, the financial structure remains more leveraged than in the earlier periods covered by the data.

Comparison to Competitors

Oracle Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel

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)


Comparison to Industry (Information Technology)