Stock Analysis on Net

Oracle Corp. (NYSE:ORCL)

Analysis of Solvency Ratios
Quarterly Data

Microsoft Excel LibreOffice Calc

Solvency Ratios (Summary)

Oracle Corp., solvency ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015
Debt Ratios
Debt to equity 16.08 7.79 8.94 7.46 5.93 3.63 3.32 2.95 2.58 2.37 1.90 1.53 1.33 1.27 1.09 0.95 1.08 1.07 1.12 1.14 0.93 0.87 0.91 0.89
Debt to capital 1.12 1.15 1.02 0.94 0.89 0.90 0.88 0.86 0.78 0.77 0.75 0.72 0.70 0.65 0.60 0.57 0.56 0.52 0.49 0.52 0.52 0.53 0.53 0.48 0.47 0.48 0.47
Debt to assets 0.72 0.73 0.67 0.64 0.59 0.64 0.62 0.62 0.53 0.52 0.51 0.52 0.51 0.49 0.45 0.44 0.44 0.44 0.40 0.43 0.43 0.44 0.44 0.39 0.38 0.39 0.38
Financial leverage 25.03 13.27 13.90 11.96 9.56 6.79 6.33 5.76 4.99 4.61 3.87 3.37 3.00 2.89 2.48 2.39 2.51 2.48 2.55 2.60 2.37 2.29 2.32 2.33
Coverage Ratios
Interest coverage 3.98 4.23 6.06 6.21 6.27 6.48 6.76 7.05 7.31 7.14 6.96 6.89 6.96 6.99 7.16 7.37 7.39 7.35 7.34 7.41 7.84 8.25 8.62 8.80

Based on: 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-K (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-K (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-K (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-K (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-Q (reporting date: 2015-08-31).

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. debt to capital ratio deteriorated from Q1 2022 to Q2 2022 but then slightly improved from Q2 2022 to Q3 2022.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Oracle Corp. debt to assets ratio deteriorated from Q1 2022 to Q2 2022 but then slightly improved from Q2 2022 to Q3 2022.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Oracle Corp. interest coverage ratio deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Debt to Equity

Oracle Corp., debt to equity calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015
Selected Financial Data (US$ in millions)
Notes payable, current 6,248  4,998  6,748  8,250  5,758  7,251  2,997  2,371  2,355  999  3,748  4,494  4,487  6,477  3,743  4,491  4,491  2,499  4,998  9,797  3,498  3,838  999  3,750  —  2,000  2,000 
Notes payable and other borrowings, non-current 72,165  73,433  75,970  75,995  63,541  63,531  67,769  69,226  49,320  50,670  50,692  51,673  51,672  51,561  54,386  56,128  56,224  58,170  48,293  48,112  50,469  50,489  53,057  40,105  40,106  39,940  40,050 
Total debt 78,413  78,431  82,718  84,245  69,299  70,782  70,766  71,597  51,675  51,669  54,440  56,167  56,159  58,038  58,129  60,619  60,715  60,669  53,291  57,909  53,967  54,327  54,056  43,855  40,106  41,940  42,050 
 
Total Oracle Corporation stockholders’ equity (deficit) (8,696) (10,101) (1,541) 5,238  8,900  7,917  9,491  12,074  14,235  15,563  18,433  21,785  23,714  30,572  38,067  45,726  47,789  55,868  55,959  53,860  50,615  48,462  47,435  47,289  45,870  45,924  47,097 
Solvency Ratio
Debt to equity1 16.08 7.79 8.94 7.46 5.93 3.63 3.32 2.95 2.58 2.37 1.90 1.53 1.33 1.27 1.09 0.95 1.08 1.07 1.12 1.14 0.93 0.87 0.91 0.89
Benchmarks
Debt to Equity, Competitors2
Accenture PLC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Adobe Inc. 0.30 0.28 0.29 0.30 0.30 0.31 0.35 0.38 0.39 0.39 0.40 0.42 0.42 0.44 0.21 0.22 0.22 0.22 0.23 0.24 0.25 0.26 0.26 0.26 0.27
Automatic Data Processing Inc. 0.71 0.59 0.57 0.53 0.35 0.34 0.34 0.35 0.37 0.37 1.11 0.42 0.38 0.67 0.52 0.58 0.50 0.51 0.54 0.50 0.49 0.52 0.47 0.45 0.45 0.47 0.43
Fidelity National Information Services Inc. 0.41 0.43 0.42 0.40 0.40 0.41 0.41 0.41 0.41 0.41 0.41 1.83 0.93 0.88 0.90 0.85 0.86 0.81 0.91 0.98 0.96
International Business Machines Corp. 2.85 2.74 2.45 2.51 2.64 2.99 3.08 3.15 3.22 3.02 3.69 4.14 3.03 2.73 2.37 2.46 2.55 2.66 2.32 2.48 2.33
Intuit Inc. 0.43 0.21 0.21 0.20 0.27 0.45 0.66 0.08 0.11 0.12 0.12 0.11 0.15 0.15 0.19 0.19 0.95 0.73 0.36 0.29 1.46 1.18 0.86 0.80 1.94 0.81
Mastercard Inc. 2.08 1.90 2.07 2.16 2.19 1.98 2.17 1.93 2.31 1.45 1.56 1.56 1.22 1.17 1.10 1.11 1.13 0.99 0.84 0.91 0.93
Microsoft Corp. 0.31 0.33 0.35 0.41 0.43 0.46 0.52 0.54 0.58 0.63 0.66 0.71 0.77 0.79 0.89 0.92 0.97 1.14 0.95 1.19 1.20 1.23 1.06 0.75 0.62 0.58 0.50
PayPal Holdings Inc. 0.45 0.42 0.41 0.43 0.46 0.45 0.48 0.51 0.50 0.29 0.30 0.15 0.13 0.13 0.13 0.13 0.20 0.06 0.00 0.00 0.00
salesforce.com inc. 0.19 0.24 0.06 0.06 0.07 0.07 0.08 0.08 0.08 0.17 0.19 0.20 0.25 0.27 0.29 0.18 0.21 0.22 0.23 0.27 0.27 0.29 0.23
ServiceNow Inc. 0.39 0.43 0.45 0.48 0.53 0.58 0.64 0.28 0.31 0.33 0.48 0.54 0.56 0.60 0.80 0.96 1.33 2.01 2.10 2.36 1.21
Visa Inc. 0.58 0.58 0.56 0.56 0.56 0.56 0.66 0.59 0.52 0.47 0.48 0.48 0.49 0.49 0.49 0.50 0.49 0.50 0.56 0.50 0.52 0.52 0.48 0.48 0.54 0.54

Based on: 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-K (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-K (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-K (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-K (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-Q (reporting date: 2015-08-31).

1 Q3 2022 Calculation
Debt to equity = Total debt ÷ Total Oracle Corporation stockholders’ equity (deficit)
= 78,413 ÷ -8,696 =

2 Click competitor name to see calculations.


Debt to Capital

Oracle Corp., debt to capital calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015
Selected Financial Data (US$ in millions)
Notes payable, current 6,248  4,998  6,748  8,250  5,758  7,251  2,997  2,371  2,355  999  3,748  4,494  4,487  6,477  3,743  4,491  4,491  2,499  4,998  9,797  3,498  3,838  999  3,750  —  2,000  2,000 
Notes payable and other borrowings, non-current 72,165  73,433  75,970  75,995  63,541  63,531  67,769  69,226  49,320  50,670  50,692  51,673  51,672  51,561  54,386  56,128  56,224  58,170  48,293  48,112  50,469  50,489  53,057  40,105  40,106  39,940  40,050 
Total debt 78,413  78,431  82,718  84,245  69,299  70,782  70,766  71,597  51,675  51,669  54,440  56,167  56,159  58,038  58,129  60,619  60,715  60,669  53,291  57,909  53,967  54,327  54,056  43,855  40,106  41,940  42,050 
Total Oracle Corporation stockholders’ equity (deficit) (8,696) (10,101) (1,541) 5,238  8,900  7,917  9,491  12,074  14,235  15,563  18,433  21,785  23,714  30,572  38,067  45,726  47,789  55,868  55,959  53,860  50,615  48,462  47,435  47,289  45,870  45,924  47,097 
Total capital 69,717  68,330  81,177  89,483  78,199  78,699  80,257  83,671  65,910  67,232  72,873  77,952  79,873  88,610  96,196  106,345  108,504  116,537  109,250  111,769  104,582  102,789  101,491  91,144  85,976  87,864  89,147 
Solvency Ratio
Debt to capital1 1.12 1.15 1.02 0.94 0.89 0.90 0.88 0.86 0.78 0.77 0.75 0.72 0.70 0.65 0.60 0.57 0.56 0.52 0.49 0.52 0.52 0.53 0.53 0.48 0.47 0.48 0.47
Benchmarks
Debt to Capital, Competitors2
Accenture PLC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Adobe Inc. 0.23 0.22 0.22 0.23 0.23 0.24 0.26 0.27 0.28 0.28 0.29 0.29 0.29 0.31 0.17 0.18 0.18 0.18 0.19 0.19 0.20 0.20 0.21 0.21 0.21
Automatic Data Processing Inc. 0.42 0.37 0.36 0.35 0.26 0.25 0.26 0.26 0.27 0.27 0.53 0.30 0.28 0.40 0.34 0.37 0.33 0.34 0.35 0.33 0.33 0.34 0.32 0.31 0.31 0.32 0.30
Fidelity National Information Services Inc. 0.29 0.30 0.30 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.65 0.48 0.47 0.47 0.46 0.46 0.45 0.48 0.50 0.49
International Business Machines Corp. 0.74 0.73 0.71 0.72 0.73 0.75 0.76 0.76 0.76 0.75 0.79 0.81 0.75 0.73 0.70 0.71 0.72 0.73 0.70 0.71 0.70
Intuit Inc. 0.30 0.17 0.17 0.17 0.21 0.31 0.40 0.08 0.10 0.10 0.10 0.10 0.13 0.13 0.16 0.16 0.49 0.42 0.26 0.23 0.59 0.54 0.46 0.44 0.66 0.45
Mastercard Inc. 0.68 0.66 0.67 0.68 0.69 0.66 0.68 0.66 0.70 0.59 0.61 0.61 0.55 0.54 0.52 0.53 0.53 0.50 0.46 0.48 0.48
Microsoft Corp. 0.23 0.25 0.26 0.29 0.30 0.32 0.34 0.35 0.37 0.39 0.40 0.41 0.44 0.44 0.47 0.48 0.49 0.53 0.49 0.54 0.55 0.55 0.51 0.43 0.38 0.37 0.33
PayPal Holdings Inc. 0.31 0.29 0.29 0.30 0.32 0.31 0.33 0.34 0.33 0.23 0.23 0.13 0.12 0.11 0.12 0.12 0.17 0.06 0.00 0.00 0.00
salesforce.com inc. 0.16 0.19 0.06 0.06 0.06 0.07 0.07 0.07 0.08 0.15 0.16 0.17 0.20 0.21 0.22 0.15 0.17 0.18 0.19 0.21 0.21 0.23 0.19
ServiceNow Inc. 0.28 0.30 0.31 0.33 0.35 0.37 0.39 0.22 0.24 0.25 0.32 0.35 0.36 0.37 0.44 0.49 0.57 0.67 0.68 0.70 0.55
Visa Inc. 0.37 0.37 0.36 0.36 0.36 0.36 0.40 0.37 0.34 0.32 0.33 0.32 0.33 0.33 0.33 0.33 0.33 0.33 0.36 0.33 0.34 0.34 0.33 0.33 0.35 0.35

Based on: 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-K (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-K (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-K (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-K (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-Q (reporting date: 2015-08-31).

1 Q3 2022 Calculation
Debt to capital = Total debt ÷ Total capital
= 78,413 ÷ 69,717 = 1.12

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. debt to capital ratio deteriorated from Q1 2022 to Q2 2022 but then slightly improved from Q2 2022 to Q3 2022.

Debt to Assets

Oracle Corp., debt to assets calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015
Selected Financial Data (US$ in millions)
Notes payable, current 6,248  4,998  6,748  8,250  5,758  7,251  2,997  2,371  2,355  999  3,748  4,494  4,487  6,477  3,743  4,491  4,491  2,499  4,998  9,797  3,498  3,838  999  3,750  —  2,000  2,000 
Notes payable and other borrowings, non-current 72,165  73,433  75,970  75,995  63,541  63,531  67,769  69,226  49,320  50,670  50,692  51,673  51,672  51,561  54,386  56,128  56,224  58,170  48,293  48,112  50,469  50,489  53,057  40,105  40,106  39,940  40,050 
Total debt 78,413  78,431  82,718  84,245  69,299  70,782  70,766  71,597  51,675  51,669  54,440  56,167  56,159  58,038  58,129  60,619  60,715  60,669  53,291  57,909  53,967  54,327  54,056  43,855  40,106  41,940  42,050 
 
Total assets 108,644  106,897  122,924  131,107  118,109  110,014  113,546  115,438  96,704  98,443  106,229  108,709  109,438  118,318  128,358  137,264  138,201  138,762  133,597  134,991  125,382  123,600  123,223  112,180  104,894  106,483  109,706 
Solvency Ratio
Debt to assets1 0.72 0.73 0.67 0.64 0.59 0.64 0.62 0.62 0.53 0.52 0.51 0.52 0.51 0.49 0.45 0.44 0.44 0.44 0.40 0.43 0.43 0.44 0.44 0.39 0.38 0.39 0.38
Benchmarks
Debt to Assets, Competitors2
Accenture PLC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Adobe Inc. 0.16 0.15 0.16 0.16 0.16 0.17 0.18 0.19 0.19 0.20 0.21 0.21 0.21 0.22 0.12 0.12 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.16 0.16
Automatic Data Processing Inc. 0.04 0.05 0.05 0.06 0.04 0.04 0.05 0.05 0.05 0.04 0.16 0.05 0.04 0.08 0.07 0.05 0.05 0.04 0.06 0.05 0.05 0.05 0.06 0.05 0.04 0.05 0.06
Fidelity National Information Services Inc. 0.24 0.25 0.24 0.24 0.24 0.24 0.24 0.24 0.25 0.24 0.24 0.56 0.38 0.38 0.38 0.37 0.37 0.36 0.37 0.39 0.38
International Business Machines Corp. 0.41 0.39 0.38 0.38 0.38 0.39 0.42 0.42 0.42 0.41 0.44 0.47 0.38 0.37 0.38 0.37 0.37 0.37 0.38 0.38 0.36
Intuit Inc. 0.26 0.14 0.13 0.13 0.16 0.24 0.31 0.05 0.06 0.07 0.07 0.06 0.08 0.09 0.08 0.08 0.23 0.22 0.12 0.10 0.26 0.28 0.24 0.20 0.29 0.22
Mastercard Inc. 0.39 0.37 0.39 0.40 0.40 0.38 0.40 0.39 0.41 0.29 0.30 0.32 0.27 0.25 0.27 0.26 0.28 0.25 0.26 0.27 0.28
Microsoft Corp. 0.14 0.16 0.16 0.17 0.19 0.20 0.21 0.21 0.23 0.25 0.25 0.25 0.28 0.28 0.30 0.29 0.31 0.35 0.34 0.36 0.37 0.38 0.35 0.28 0.26 0.25 0.22
PayPal Holdings Inc. 0.12 0.12 0.12 0.12 0.12 0.13 0.14 0.14 0.15 0.10 0.10 0.05 0.04 0.05 0.05 0.05 0.07 0.02 0.00 0.00 0.00
salesforce.com inc. 0.12 0.15 0.04 0.04 0.05 0.05 0.05 0.05 0.06 0.09 0.10 0.10 0.14 0.14 0.14 0.08 0.10 0.10 0.11 0.11 0.13 0.12 0.10
ServiceNow Inc. 0.14 0.15 0.17 0.17 0.18 0.19 0.22 0.11 0.11 0.12 0.14 0.15 0.15 0.17 0.23 0.25 0.31 0.35 0.38 0.39 0.24
Visa Inc. 0.26 0.26 0.25 0.25 0.26 0.26 0.30 0.27 0.25 0.22 0.23 0.24 0.24 0.23 0.24 0.24 0.24 0.25 0.27 0.25 0.25 0.26 0.25 0.25 0.29 0.29

Based on: 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-K (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-K (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-K (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-K (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-Q (reporting date: 2015-08-31).

1 Q3 2022 Calculation
Debt to assets = Total debt ÷ Total assets
= 78,413 ÷ 108,644 = 0.72

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. debt to assets ratio deteriorated from Q1 2022 to Q2 2022 but then slightly improved from Q2 2022 to Q3 2022.

Financial Leverage

Oracle Corp., financial leverage calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015
Selected Financial Data (US$ in millions)
Total assets 108,644  106,897  122,924  131,107  118,109  110,014  113,546  115,438  96,704  98,443  106,229  108,709  109,438  118,318  128,358  137,264  138,201  138,762  133,597  134,991  125,382  123,600  123,223  112,180  104,894  106,483  109,706 
Total Oracle Corporation stockholders’ equity (deficit) (8,696) (10,101) (1,541) 5,238  8,900  7,917  9,491  12,074  14,235  15,563  18,433  21,785  23,714  30,572  38,067  45,726  47,789  55,868  55,959  53,860  50,615  48,462  47,435  47,289  45,870  45,924  47,097 
Solvency Ratio
Financial leverage1 25.03 13.27 13.90 11.96 9.56 6.79 6.33 5.76 4.99 4.61 3.87 3.37 3.00 2.89 2.48 2.39 2.51 2.48 2.55 2.60 2.37 2.29 2.32 2.33
Benchmarks
Financial Leverage, Competitors2
Accenture PLC 2.16 2.15 2.21 2.18 2.18 2.14 2.18 2.19 2.17 2.19 2.07 2.05 2.05 2.11 2.36 2.37 2.39 2.52 2.54 2.59 2.52 2.76 2.73 2.69 2.66 3.05
Adobe Inc. 1.89 1.84 1.81 1.85 1.84 1.83 1.91 1.99 2.03 1.97 1.96 1.98 1.98 2.00 1.74 1.74 1.73 1.72 1.70 1.71 1.72 1.71 1.70 1.69 1.68
Automatic Data Processing Inc. 17.19 11.70 11.21 8.60 9.59 8.36 7.30 6.81 7.90 9.15 7.04 7.76 9.19 8.15 8.00 10.72 10.94 11.33 9.02 9.35 10.69 10.48 8.08 9.74 11.35 9.49 7.43
Fidelity National Information Services Inc. 1.73 1.75 1.73 1.70 1.70 1.70 1.70 1.69 1.68 1.70 1.70 3.29 2.43 2.33 2.35 2.29 2.33 2.26 2.43 2.52 2.54
International Business Machines Corp. 7.00 6.98 6.49 6.69 6.95 7.57 7.27 7.50 7.67 7.30 8.33 8.76 7.94 7.35 6.17 6.57 6.90 7.12 6.20 6.54 6.41
Intuit Inc. 1.69 1.53 1.57 1.58 1.65 1.85 2.14 1.64 1.80 1.70 1.68 1.70 1.91 1.77 2.20 2.45 4.23 3.38 3.00 2.93 5.57 4.20 3.66 3.96 6.78 3.65
Mastercard Inc. 5.28 5.15 5.28 5.42 5.50 5.25 5.45 4.97 5.68 4.96 5.25 4.94 4.55 4.61 4.04 4.27 4.02 3.90 3.25 3.39 3.31
Microsoft Corp. 2.12 2.13 2.21 2.35 2.30 2.34 2.44 2.55 2.49 2.57 2.63 2.80 2.78 2.81 3.00 3.13 3.10 3.27 2.78 3.33 3.23 3.26 3.02 2.69 2.43 2.35 2.23
PayPal Holdings Inc. 3.68 3.49 3.37 3.53 3.73 3.52 3.55 3.58 3.40 3.04 3.05 3.00 3.05 2.82 2.89 2.77 2.89 2.55 2.45 2.35 2.29
salesforce.com inc. 1.53 1.60 1.52 1.60 1.47 1.50 1.55 1.63 1.50 1.94 2.02 1.97 1.81 1.91 2.08 2.24 1.98 2.06 2.15 2.34 2.11 2.35 2.30
ServiceNow Inc. 2.75 2.92 2.68 2.81 2.90 3.07 2.88 2.63 2.73 2.83 3.33 3.65 3.68 3.49 3.51 3.89 4.28 5.82 5.57 6.06 5.08
Visa Inc. 2.27 2.26 2.21 2.19 2.13 2.13 2.23 2.19 2.11 2.12 2.09 2.01 2.04 2.10 2.04 2.05 2.02 2.01 2.08 2.00 2.05 2.00 1.95 1.95 1.86 1.87

Based on: 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-K (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-K (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-K (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-K (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-Q (reporting date: 2015-08-31).

1 Q3 2022 Calculation
Financial leverage = Total assets ÷ Total Oracle Corporation stockholders’ equity (deficit)
= 108,644 ÷ -8,696 =

2 Click competitor name to see calculations.


Interest Coverage

Oracle Corp., interest coverage calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017 May 31, 2017 Feb 28, 2017 Nov 30, 2016 Aug 31, 2016 May 31, 2016 Feb 29, 2016 Nov 30, 2015 Aug 31, 2015
Selected Financial Data (US$ in millions)
Net income (loss) 2,319  (1,247) 2,457  4,032  5,021  2,442  2,251  3,116  2,571  2,311  2,137  3,740  2,745  2,333  2,265  3,406  (4,024) 2,233  2,210  3,232  2,239  2,032  1,832  2,815  2,142  2,197  1,747 
Add: Income tax expense 521  (249) 224  124  (1,745) 530  344  579  505  499  345  126  343  441  275  733  7,324  634  375  529  459  653  541  917  590  471  563 
Add: Interest expense 667  679  705  697  585  600  614  580  456  465  494  525  509  519  529  548  533  475  469  481  450  451  416  362  360  371  374 
Earnings before interest and tax (EBIT) 3,507  (817) 3,386  4,853  3,861  3,572  3,209  4,275  3,532  3,275  2,976  4,391  3,597  3,293  3,069  4,687  3,833  3,342  3,054  4,242  3,148  3,136  2,789  4,094  3,092  3,039  2,684 
Solvency Ratio
Interest coverage1 3.98 4.23 6.06 6.21 6.27 6.48 6.76 7.05 7.31 7.14 6.96 6.89 6.96 6.99 7.16 7.37 7.39 7.35 7.34 7.41 7.84 8.25 8.62 8.80
Benchmarks
Interest Coverage, Competitors2
Accenture PLC 133.08 133.32 131.46 126.89 196.99 191.96 205.84 248.30 245.62 270.18 273.26 299.07 287.79 307.38 298.26 293.50 288.40 278.79 297.95 328.85 355.21 375.09 345.67
Adobe Inc. 53.39 51.49 49.52 45.92 42.50 37.00 32.36 28.08 23.87 21.38 20.83 22.62 26.41 32.31 35.01 33.97 32.24 29.73 27.80 25.78 23.87 21.37
Automatic Data Processing Inc. 52.01 53.87 56.42 57.30 56.00 50.63 39.99 30.72 27.23 26.16 24.14 24.14 21.65 21.09 21.52 22.14 25.30 25.50 29.95 32.64 35.08 34.87 32.72 40.76
International Business Machines Corp. 5.40 5.19 4.77 5.09 4.97 4.60 6.54 5.90 6.64 8.56 9.95 13.80 16.74 16.69 17.42 18.08 18.23 19.54
Intuit Inc. 62.71 93.29 89.14 92.00 89.58 120.30 158.00 158.50 164.67 148.46 126.40 122.50 104.76 82.47 76.15 83.47 64.14 52.11 45.10 36.54 30.56 32.65 35.37
Mastercard Inc. 26.09 24.91 23.55 21.69 20.05 21.42 24.80 30.25 39.52 44.44 41.92 43.71 41.23 39.73 42.52 43.76 44.34 43.35
ServiceNow Inc. 9.70 9.89 9.02 7.33 7.41 5.56 6.07 7.06 4.77 3.02 2.04 0.49 0.02 0.26 -0.09 -0.45 -0.83 -1.79
Visa Inc. 35.59 34.68 32.31 28.80 25.56 26.07 27.72 30.42 33.24 31.52 28.92 27.13 24.15 22.89 21.92 21.27 21.96 21.72 21.77 21.19 16.92 16.52 19.76

Based on: 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-K (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-K (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-K (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-K (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-Q (reporting date: 2015-08-31).

1 Q3 2022 Calculation
Interest coverage = (EBITQ3 2022 + EBITQ2 2022 + EBITQ1 2022 + EBITQ4 2021) ÷ (Interest expenseQ3 2022 + Interest expenseQ2 2022 + Interest expenseQ1 2022 + Interest expenseQ4 2021)
= (3,507 + -817 + 3,386 + 4,853) ÷ (667 + 679 + 705 + 697) = 3.98

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. interest coverage ratio deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.