Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Oracle Corp. (NYSE:ORCL)

Analysis of Solvency Ratios

Beginner level

Solvency Ratios (Summary)

Oracle Corp., solvency ratios

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Debt Ratios
Debt to equity 5.93 2.58 1.33 1.08 0.93 0.86
Debt to equity (including operating lease liability) 6.10 2.58 1.33 1.08 0.93 0.86
Debt to capital 0.86 0.72 0.57 0.52 0.48 0.46
Debt to capital (including operating lease liability) 0.86 0.72 0.57 0.52 0.48 0.46
Debt to assets 0.62 0.52 0.44 0.43 0.39 0.38
Debt to assets (including operating lease liability) 0.64 0.52 0.44 0.43 0.39 0.38
Financial leverage 9.56 4.99 3.00 2.51 2.37 2.28
Coverage Ratios
Interest coverage 7.13 6.97 7.43 7.47 8.88 12.33
Fixed charge coverage 5.68 5.50 6.38 6.39 7.44 9.76

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Oracle Corp.’s debt to equity ratio deteriorated from 2018 to 2019 and from 2019 to 2020.
Debt to equity ratio (including operating lease liability) A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. Oracle Corp.’s debt to equity ratio (including operating lease liability) deteriorated from 2018 to 2019 and from 2019 to 2020.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Oracle Corp.’s debt to capital ratio deteriorated from 2018 to 2019 and from 2019 to 2020.
Debt to capital ratio (including operating lease liability) A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. Oracle Corp.’s debt to capital ratio (including operating lease liability) deteriorated from 2018 to 2019 and from 2019 to 2020.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Oracle Corp.’s debt to assets ratio deteriorated from 2018 to 2019 and from 2019 to 2020.
Debt to assets ratio (including operating lease liability) A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. Oracle Corp.’s debt to assets ratio (including operating lease liability) deteriorated from 2018 to 2019 and from 2019 to 2020.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Oracle Corp.’s financial leverage ratio increased from 2018 to 2019 and from 2019 to 2020.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Oracle Corp.’s interest coverage ratio deteriorated from 2018 to 2019 but then slightly improved from 2019 to 2020.
Fixed charge coverage ratio A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. Oracle Corp.’s fixed charge coverage ratio deteriorated from 2018 to 2019 but then slightly improved from 2019 to 2020.

Debt to Equity

Oracle Corp., debt to equity calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Selected Financial Data (US$ in millions)
Notes payable, current 2,371  4,494  4,491  9,797  3,750  1,999 
Notes payable and other borrowings, non-current 69,226  51,673  56,128  48,112  40,105  39,959 
Total debt 71,597  56,167  60,619  57,909  43,855  41,958 
 
Total Oracle Corporation stockholders’ equity 12,074  21,785  45,726  53,860  47,289  48,663 
Solvency Ratio
Debt to equity1 5.93 2.58 1.33 1.08 0.93 0.86
Benchmarks
Debt to Equity, Competitors2
Adobe Inc. 0.31 0.39 0.44 0.22 0.26 0.27
Alphabet Inc. 0.07 0.02 0.02 0.03 0.03
Autodesk Inc. 2.03 0.92 0.34
Facebook Inc. 0.00 0.00 0.00 0.00 0.00
International Business Machines Corp. 3.02 2.73 2.66 2.31 2.80
Intuit Inc. 0.66 0.12 0.19 0.36 0.86 0.21
Microsoft Corp. 0.54 0.71 0.92 1.19 0.75 0.44
salesforce.com inc. 0.08 0.20 0.18 0.27 0.26 0.34
ServiceNow Inc. 0.58 0.33 0.60 2.01 1.31
Debt to Equity, Sector
Software & Computer Services 0.43 0.46 0.52 0.43
Debt to Equity, Industry
Technology 0.56 0.56 0.59 0.48

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

1 2020 Calculation
Debt to equity = Total debt ÷ Total Oracle Corporation stockholders’ equity
= 71,597 ÷ 12,074 = 5.93

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. Oracle Corp.’s debt to equity ratio deteriorated from 2018 to 2019 and from 2019 to 2020.

Debt to Equity (including Operating Lease Liability)

Oracle Corp., debt to equity (including operating lease liability) calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Selected Financial Data (US$ in millions)
Notes payable, current 2,371  4,494  4,491  9,797  3,750  1,999 
Notes payable and other borrowings, non-current 69,226  51,673  56,128  48,112  40,105  39,959 
Total debt 71,597  56,167  60,619  57,909  43,855  41,958 
Current lease liabilities for operating leases 575  —  —  —  —  — 
Non-current lease liabilities for operating leases 1,523  —  —  —  —  — 
Total debt (including operating lease liability) 73,695  56,167  60,619  57,909  43,855  41,958 
 
Total Oracle Corporation stockholders’ equity 12,074  21,785  45,726  53,860  47,289  48,663 
Solvency Ratio
Debt to equity (including operating lease liability)1 6.10 2.58 1.33 1.08 0.93 0.86
Benchmarks
Debt to Equity (including Operating Lease Liability), Competitors2
Adobe Inc. 0.35 0.39 0.44 0.22 0.26 0.27
Alphabet Inc. 0.13 0.08 0.02 0.03 0.03
Autodesk Inc. 2.03 0.92 0.34
Facebook Inc. 0.08 0.10 0.00 0.00 0.00
International Business Machines Corp. 3.27 2.73 2.66 2.31 2.80
Intuit Inc. 0.71 0.12 0.19 0.36 0.86 0.21
Microsoft Corp. 0.61 0.78 1.01 1.19 0.75 0.44
salesforce.com inc. 0.17 0.20 0.18 0.27 0.26 0.34
ServiceNow Inc. 0.75 0.53 0.60 2.01 1.31
Debt to Equity (including Operating Lease Liability), Sector
Software & Computer Services 0.50 0.47 0.52 0.43
Debt to Equity (including Operating Lease Liability), Industry
Technology 0.61 0.57 0.59 0.48

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

1 2020 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Total Oracle Corporation stockholders’ equity
= 73,695 ÷ 12,074 = 6.10

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity ratio (including operating lease liability) A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. Oracle Corp.’s debt to equity ratio (including operating lease liability) deteriorated from 2018 to 2019 and from 2019 to 2020.

Debt to Capital

Oracle Corp., debt to capital calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Selected Financial Data (US$ in millions)
Notes payable, current 2,371  4,494  4,491  9,797  3,750  1,999 
Notes payable and other borrowings, non-current 69,226  51,673  56,128  48,112  40,105  39,959 
Total debt 71,597  56,167  60,619  57,909  43,855  41,958 
Total Oracle Corporation stockholders’ equity 12,074  21,785  45,726  53,860  47,289  48,663 
Total capital 83,671  77,952  106,345  111,769  91,144  90,621 
Solvency Ratio
Debt to capital1 0.86 0.72 0.57 0.52 0.48 0.46
Benchmarks
Debt to Capital, Competitors2
Adobe Inc. 0.24 0.28 0.31 0.18 0.20 0.21
Alphabet Inc. 0.06 0.02 0.02 0.03 0.03
Autodesk Inc. 1.07 1.11 1.19 0.67 0.48 0.25
Facebook Inc. 0.00 0.00 0.00 0.00 0.00
International Business Machines Corp. 0.75 0.73 0.73 0.70 0.74
Intuit Inc. 0.40 0.10 0.16 0.26 0.46 0.18
Microsoft Corp. 0.35 0.41 0.48 0.54 0.43 0.31
salesforce.com inc. 0.07 0.17 0.15 0.21 0.21 0.26
ServiceNow Inc. 0.37 0.25 0.37 0.67 0.57
Debt to Capital, Sector
Software & Computer Services 0.30 0.31 0.34 0.30
Debt to Capital, Industry
Technology 0.36 0.36 0.37 0.33

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

1 2020 Calculation
Debt to capital = Total debt ÷ Total capital
= 71,597 ÷ 83,671 = 0.86

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. Oracle Corp.’s debt to capital ratio deteriorated from 2018 to 2019 and from 2019 to 2020.

Debt to Capital (including Operating Lease Liability)

Oracle Corp., debt to capital (including operating lease liability) calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Selected Financial Data (US$ in millions)
Notes payable, current 2,371  4,494  4,491  9,797  3,750  1,999 
Notes payable and other borrowings, non-current 69,226  51,673  56,128  48,112  40,105  39,959 
Total debt 71,597  56,167  60,619  57,909  43,855  41,958 
Current lease liabilities for operating leases 575  —  —  —  —  — 
Non-current lease liabilities for operating leases 1,523  —  —  —  —  — 
Total debt (including operating lease liability) 73,695  56,167  60,619  57,909  43,855  41,958 
Total Oracle Corporation stockholders’ equity 12,074  21,785  45,726  53,860  47,289  48,663 
Total capital (including operating lease liability) 85,769  77,952  106,345  111,769  91,144  90,621 
Solvency Ratio
Debt to capital (including operating lease liability)1 0.86 0.72 0.57 0.52 0.48 0.46
Benchmarks
Debt to Capital (including Operating Lease Liability), Competitors2
Adobe Inc. 0.26 0.28 0.31 0.18 0.20 0.21
Alphabet Inc. 0.11 0.07 0.02 0.03 0.03
Autodesk Inc. 1.06 1.11 1.19 0.67 0.48 0.25
Facebook Inc. 0.08 0.09 0.00 0.00 0.00
International Business Machines Corp. 0.77 0.73 0.73 0.70 0.74
Intuit Inc. 0.42 0.10 0.16 0.26 0.46 0.18
Microsoft Corp. 0.38 0.44 0.50 0.54 0.43 0.31
salesforce.com inc. 0.15 0.17 0.15 0.21 0.21 0.26
ServiceNow Inc. 0.43 0.35 0.37 0.67 0.57
Debt to Capital (including Operating Lease Liability), Sector
Software & Computer Services 0.34 0.32 0.34 0.30
Debt to Capital (including Operating Lease Liability), Industry
Technology 0.38 0.36 0.37 0.33

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

1 2020 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 73,695 ÷ 85,769 = 0.86

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital ratio (including operating lease liability) A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. Oracle Corp.’s debt to capital ratio (including operating lease liability) deteriorated from 2018 to 2019 and from 2019 to 2020.

Debt to Assets

Oracle Corp., debt to assets calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Selected Financial Data (US$ in millions)
Notes payable, current 2,371  4,494  4,491  9,797  3,750  1,999 
Notes payable and other borrowings, non-current 69,226  51,673  56,128  48,112  40,105  39,959 
Total debt 71,597  56,167  60,619  57,909  43,855  41,958 
 
Total assets 115,438  108,709  137,264  134,991  112,180  110,903 
Solvency Ratio
Debt to assets1 0.62 0.52 0.44 0.43 0.39 0.38
Benchmarks
Debt to Assets, Competitors2
Adobe Inc. 0.17 0.20 0.22 0.13 0.15 0.16
Alphabet Inc. 0.05 0.02 0.02 0.02 0.02
Autodesk Inc. 0.34 0.44 0.39 0.31 0.27 0.15
Facebook Inc. 0.00 0.00 0.00 0.00 0.00
International Business Machines Corp. 0.41 0.37 0.37 0.36 0.36
Intuit Inc. 0.31 0.07 0.08 0.12 0.24 0.10
Microsoft Corp. 0.21 0.25 0.29 0.36 0.28 0.20
salesforce.com inc. 0.05 0.10 0.08 0.11 0.10 0.13
ServiceNow Inc. 0.19 0.12 0.17 0.35 0.25
Debt to Assets, Sector
Software & Computer Services 0.20 0.22 0.24 0.22
Debt to Assets, Industry
Technology 0.24 0.25 0.27 0.24

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

1 2020 Calculation
Debt to assets = Total debt ÷ Total assets
= 71,597 ÷ 115,438 = 0.62

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. Oracle Corp.’s debt to assets ratio deteriorated from 2018 to 2019 and from 2019 to 2020.

Debt to Assets (including Operating Lease Liability)

Oracle Corp., debt to assets (including operating lease liability) calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Selected Financial Data (US$ in millions)
Notes payable, current 2,371  4,494  4,491  9,797  3,750  1,999 
Notes payable and other borrowings, non-current 69,226  51,673  56,128  48,112  40,105  39,959 
Total debt 71,597  56,167  60,619  57,909  43,855  41,958 
Current lease liabilities for operating leases 575  —  —  —  —  — 
Non-current lease liabilities for operating leases 1,523  —  —  —  —  — 
Total debt (including operating lease liability) 73,695  56,167  60,619  57,909  43,855  41,958 
 
Total assets 115,438  108,709  137,264  134,991  112,180  110,903 
Solvency Ratio
Debt to assets (including operating lease liability)1 0.64 0.52 0.44 0.43 0.39 0.38
Benchmarks
Debt to Assets (including Operating Lease Liability), Competitors2
Adobe Inc. 0.19 0.20 0.22 0.13 0.15 0.16
Alphabet Inc. 0.09 0.06 0.02 0.02 0.02
Autodesk Inc. 0.41 0.44 0.39 0.31 0.27 0.15
Facebook Inc. 0.07 0.08 0.00 0.00 0.00
International Business Machines Corp. 0.45 0.37 0.37 0.36 0.36
Intuit Inc. 0.33 0.07 0.08 0.12 0.24 0.10
Microsoft Corp. 0.24 0.28 0.32 0.36 0.28 0.20
salesforce.com inc. 0.11 0.10 0.08 0.11 0.10 0.13
ServiceNow Inc. 0.24 0.19 0.17 0.35 0.25
Debt to Assets (including Operating Lease Liability), Sector
Software & Computer Services 0.24 0.22 0.24 0.22
Debt to Assets (including Operating Lease Liability), Industry
Technology 0.26 0.25 0.27 0.24

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

1 2020 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 73,695 ÷ 115,438 = 0.64

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets ratio (including operating lease liability) A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. Oracle Corp.’s debt to assets ratio (including operating lease liability) deteriorated from 2018 to 2019 and from 2019 to 2020.

Financial Leverage

Oracle Corp., financial leverage calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Selected Financial Data (US$ in millions)
Total assets 115,438  108,709  137,264  134,991  112,180  110,903 
Total Oracle Corporation stockholders’ equity 12,074  21,785  45,726  53,860  47,289  48,663 
Solvency Ratio
Financial leverage1 9.56 4.99 3.00 2.51 2.37 2.28
Benchmarks
Financial Leverage, Competitors2
Adobe Inc. 1.83 1.97 2.00 1.72 1.71 1.67
Alphabet Inc. 1.44 1.37 1.31 1.29 1.20
Autodesk Inc. 6.54 3.41 2.21
Facebook Inc. 1.24 1.32 1.16 1.14 1.10
International Business Machines Corp. 7.30 7.35 7.12 6.44 7.75
Intuit Inc. 2.14 1.68 2.20 3.00 3.66 2.13
Microsoft Corp. 2.55 2.80 3.13 3.33 2.69 2.20
salesforce.com inc. 1.63 1.97 2.24 2.34 2.55 2.69
ServiceNow Inc. 3.07 2.83 3.49 5.82 5.26
Financial Leverage, Sector
Software & Computer Services 2.14 2.10 2.13 1.97
Financial Leverage, Industry
Technology 2.32 2.27 2.20 2.04

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

1 2020 Calculation
Financial leverage = Total assets ÷ Total Oracle Corporation stockholders’ equity
= 115,438 ÷ 12,074 = 9.56

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. Oracle Corp.’s financial leverage ratio increased from 2018 to 2019 and from 2019 to 2020.

Interest Coverage

Oracle Corp., interest coverage calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Selected Financial Data (US$ in millions)
Net income 10,135  11,083  3,825  9,335  8,901  9,938 
Add: Net income attributable to noncontrolling interest 164  152  135  118  116  113 
Add: Income tax expense 1,928  1,185  9,066  2,182  2,541  2,896 
Add: Interest expense 1,995  2,082  2,025  1,798  1,467  1,143 
Earnings before interest and tax (EBIT) 14,222  14,502  15,051  13,433  13,025  14,090 
Solvency Ratio
Interest coverage1 7.13 6.97 7.43 7.47 8.88 12.33
Benchmarks
Interest Coverage, Competitors2
Adobe Inc. 37.00 21.38 32.31 29.73 21.37 14.61
Alphabet Inc. 357.16 397.25 307.25 250.48 195.76
Autodesk Inc. 6.46 0.18 -15.15 -16.64 0.40 7.29
Facebook Inc.
International Business Machines Corp. 8.58 16.71 19.56 20.60 35.09
Intuit Inc. 158.00 126.40 76.15 45.10 35.37 27.37
Microsoft Corp. 21.47 17.27 14.35 11.42 16.89 24.70
salesforce.com inc. 6.39 7.38 3.32 1.29 1.89 -1.91
ServiceNow Inc. 5.56 3.02 0.26 -1.79 -12.52
Interest Coverage, Sector
Software & Computer Services 21.66 22.27 20.29 23.26
Interest Coverage, Industry
Technology 19.78 21.77 20.42 22.56

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

1 2020 Calculation
Interest coverage = EBIT ÷ Interest expense
= 14,222 ÷ 1,995 = 7.13

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. Oracle Corp.’s interest coverage ratio deteriorated from 2018 to 2019 but then slightly improved from 2019 to 2020.

Fixed Charge Coverage

Oracle Corp., fixed charge coverage calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015
Selected Financial Data (US$ in millions)
Net income 10,135  11,083  3,825  9,335  8,901  9,938 
Add: Net income attributable to noncontrolling interest 164  152  135  118  116  113 
Add: Income tax expense 1,928  1,185  9,066  2,182  2,541  2,896 
Add: Interest expense 1,995  2,082  2,025  1,798  1,467  1,143 
Earnings before interest and tax (EBIT) 14,222  14,502  15,051  13,433  13,025  14,090 
Add: Operating lease expenses 615  681  396  360  328  335 
Earnings before fixed charges and tax 14,837  15,183  15,447  13,793  13,353  14,425 
 
Interest expense 1,995  2,082  2,025  1,798  1,467  1,143 
Operating lease expenses 615  681  396  360  328  335 
Fixed charges 2,610  2,763  2,421  2,158  1,795  1,478 
Solvency Ratio
Fixed charge coverage1 5.68 5.50 6.38 6.39 7.44 9.76
Benchmarks
Fixed Charge Coverage, Competitors2
Adobe Inc. 18.77 10.78 13.34 12.26 9.79 6.56
Alphabet Inc. 16.92 17.10 25.69 23.49 24.65
Autodesk Inc. 3.09 0.62 -5.16 -4.51 0.78 2.22
Facebook Inc. 24.85 22.78 41.32 57.73 47.54
International Business Machines Corp. 4.41 5.26 5.69 6.77 9.21
Intuit Inc. 27.48 34.00 26.91 22.03 17.94 9.28
Microsoft Corp. 12.44 10.94 9.45 7.57 9.81 11.46
salesforce.com inc. 1.68 2.89 1.54 1.08 1.26 0.10
ServiceNow Inc. 2.29 1.69 0.61 -0.55 -5.67
Fixed Charge Coverage, Sector
Software & Computer Services 10.21 11.17 10.27 11.18
Fixed Charge Coverage, Industry
Technology 11.69 13.29 12.39 13.11

Based on: 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22), 10-K (filing date: 2015-06-25).

1 2020 Calculation
Fixed charge coverage = Earnings before fixed charges and tax ÷ Fixed charges
= 14,837 ÷ 2,610 = 5.68

2 Click competitor name to see calculations.

Solvency ratio Description The company
Fixed charge coverage ratio A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. Oracle Corp.’s fixed charge coverage ratio deteriorated from 2018 to 2019 but then slightly improved from 2019 to 2020.