Oracle Corporation (ORCL)
Debt-to-equity ratio
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 20,969,000 | 8,704,000 | 1,556,000 | -5,768,000 | 5,952,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | — | 0.00 |
May 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $20,969,000K
= 0.00
The debt-to-equity ratio of Oracle Corporation, as presented in the provided data, indicates a consistent financial structure regarding leverage over the specified periods. Specifically, on May 31, 2021, the ratio was reported as 0.00, signifying that the company had no debt relative to its equity at that time. For the subsequent year, May 31, 2022, the ratio is represented by an em dash (—), which suggests that the data may be unavailable, not applicable, or not reported for that period. This lack of data continues into the following years, with the ratio returning to 0.00 on May 31, 2023, and remaining at that level through May 31, 2024, and May 31, 2025.
The persistent presentation of a zero ratio reflects that Oracle has maintained a debt-free capital structure during these years, relying primarily or exclusively on equity financing. This pattern indicates that the company has not engaged in significant borrowing to finance its operations or growth initiatives across these periods. The absence of debt also implies a lower financial risk profile, as there are no debt obligations contributing to financial leverage or interest expense.
Overall, the data demonstrates that Oracle Corporation has maintained a debt-to-equity ratio of zero over the recent years, signaling a conservative approach to leveraging liabilities and emphasizing equity financing in its capital structure.
Peer comparison
May 31, 2025