How much debt does Oracle have?
According to Oracle's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Oracle's total debt stands at $94.47B. This is broken down into:
- Long-term debt: $82.51B
- Short-term debt: $11.90B
The company's net debt, which accounts for cash and cash equivalents, is $84.02B. In terms of overall financial obligations, Oracle's total liabilities amount to $131.74B.
Debt Ratios and Metrics
To better understand Oracle's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 9.98 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 61.62% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 4.37 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 89.76% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 90.89% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Oracle's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$94.47B
Long-term Debt
$82.51B
Short-term Debt
$11.90B
Net Debt
$84.02B
Total Liabilities
$131.74B
Interest Coverage
4.37
Debt to Equity Ratio
9.98
Debt Ratio
61.62%
Oracle Historical Debt Metrics
Oracle Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
---|---|---|---|---|---|---|---|---|---|---|
2024 | $94.47B | $82.51B | $11.90B | $84.02B | $131.74B | 9.98 | 61.62% | 4.37 | 89.76% | 90.89% |
2023 | $90.48B | $86.42B | $4.06B | $80.72B | $132.83B | 58.15 | 67.33% | 3.90 | 98.23% | 98.31% |
2022 | $75.86B | $72.11B | $3.75B | $54.48B | $115.06B | -13.15 | 69.41% | 5.75 | 108.69% | 108.23% |
2021 | $84.25B | $76.00B | $8.25B | $54.15B | $125.16B | 14.15 | 64.26% | 6.27 | 92.74% | 93.40% |
2020 | $71.60B | $69.23B | $2.95B | $34.36B | $102.72B | 5.68 | 62.52% | 7.09 | 84.48% | 85.02% |
2019 | $56.17B | $51.67B | $4.49B | $35.65B | $86.35B | 2.51 | 51.67% | 6.73 | 69.79% | 71.52% |
2018 | $60.62B | $56.13B | $4.49B | $39.00B | $91.04B | 1.31 | 44.16% | 6.86 | 54.84% | 56.74% |
2017 | $57.91B | $48.11B | $9.80B | $36.12B | $80.75B | 1.07 | 42.90% | 7.47 | 47.00% | 51.63% |
2016 | $43.85B | $40.10B | $3.75B | $23.70B | $64.39B | 0.92 | 39.09% | 8.93 | 45.63% | 47.85% |
2015 | $41.96B | $39.96B | $2.00B | $20.24B | $61.80B | 0.85 | 37.83% | 12.50 | 44.87% | 46.08% |