Oracle Corporation (ORCL)
Financial leverage ratio
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 168,361,000 | 161,378,000 | 148,483,000 | 144,214,000 | 140,976,000 | 137,082,000 | 134,324,000 | 136,662,000 | 134,384,000 | 131,620,000 | 128,469,000 | 130,309,000 | 109,297,000 | 108,644,000 | 106,897,000 | 122,924,000 | 131,107,000 | 118,109,000 | 110,014,000 | 113,546,000 |
| Total stockholders’ equity | US$ in thousands | 20,969,000 | 16,730,000 | 13,746,000 | 10,816,000 | 8,704,000 | 5,623,000 | 4,378,000 | 2,841,000 | 1,556,000 | -1,912,000 | -3,776,000 | -5,449,000 | -5,768,000 | -8,211,000 | -9,658,000 | -1,541,000 | 5,952,000 | 9,637,000 | 8,616,000 | 10,140,000 |
| Financial leverage ratio | 8.03 | 9.65 | 10.80 | 13.33 | 16.20 | 24.38 | 30.68 | 48.10 | 86.37 | — | — | — | — | — | — | — | 22.03 | 12.26 | 12.77 | 11.20 |
May 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $168,361,000K ÷ $20,969,000K
= 8.03
The financial leverage ratio of Oracle Corporation exhibits notable fluctuations over the observed period. In the fiscal year ending August 31, 2020, the ratio stood at 11.20, indicating the proportion of debt used to finance the company's assets. This ratio increased substantially by the fiscal year ending November 30, 2020, reaching 12.77, and saw a slight decrease to 12.26 by February 28, 2021. A pronounced rise occurred in the fiscal year ending May 31, 2021, with the ratio escalating to 22.03, reflecting increased reliance on debt financing.
From August 2021 through February 2023, the ratio data are unavailable. However, a significant change is observed starting May 31, 2023, when the ratio surged to 86.37, indicating a substantial increase in leverage—most likely attributable to strategic financing decisions or corporate restructuring. Subsequently, the ratio decreased to 48.10 by August 31, 2023; further declined to 30.68 by November 30, 2023; and continued a downward trend to 24.38 by February 29, 2024.
The ratio maintains a declining trajectory into the fiscal year ending May 31, 2025, reaching 8.03. This ongoing decrease suggests a reduction in reliance on debt relative to equity, implying either deleveraging efforts or increased equity financing. Overall, the data portray a pattern of significant leverage fluctuations over time, with periods of rapid escalation followed by sustained decreases, reflecting dynamic changes in the company's financial structure and risk profile.
Peer comparison
May 31, 2025