Oracle (Oracle) Interest Expense

: $-3,591 Mil (TTM As of Feb. 2024)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oracle's interest expense for the three months ended in Feb. 2024 was $ -876 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-3,591 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Oracle's Operating Income for the three months ended in Feb. 2024 was $ 3,995 Mil. Oracle's Interest Expense for the three months ended in Feb. 2024 was $ -876 Mil. Oracle's Interest Coverage for the quarter that ended in Feb. 2024 was 4.56. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Oracle Interest Expense Historical Data

The historical data trend for Oracle's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oracle Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Interest Expense

-2,082.00

-1,995.00

-2,496.00

-2,755.00

-3,505.00

Oracle Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense																-908.00	-955.00	-872.00	-888.00	-876.00

Oracle Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3,591 Mil.

Oracle (NYSE:ORCL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Oracle's Interest Expense for the three months ended in Feb. 2024 was $-876 Mil. Its Operating Income for the three months ended in Feb. 2024 was $3,995 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $82,470 Mil.

Oracle's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	3995	/	-876
	=	4.56

The higher the ratio, the stronger the company's financial strength is.

Oracle (Oracle) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ORCL:Mexico 1ORCL:Italy ORCd:UK 0R1Z:UK ORC:Germany ORC:Germany ORC:Germany ORC:Germany ORCL34:Brazil ORCL:Austria ORCL:Argentina

Address

2300 Oracle Way, Austin, TX, USA, 78741

Website

https://www.oracle.com

Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.

Executives

Naomi O Seligman	director	ONE DIAMOND HILL RD, MURRAY HILL NJ 07974
George H Conrades	director	500 TECHNOLOGY SQUARE, FIFTH FLOOR, CAMBRIDGE MA 02139
Maria Smith	officer: EVP, Chief Accounting Officer	C/O DELPHI ASSET MANAGEMENT CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Lawrence Joseph Ellison	director, 10 percent owner, officer: Chief Executive Officer	C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Michael J Boskin	director	C/O RIPPLEWOOD HOLDINGS LLC, ONE ROCKERFELLER PLAZA, NEW YORK NY 10020
Edward Screven	officer: Chief Corporate Architect	C/O DELPHI ASSET MANAGEMENT CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Safra Catz	director, officer: President	C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Jeffrey Berg	director	C/O DELPHI ASSET MGMT. CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Rona Alison Fairhead	director	C/O INTERACTIVE DATA CORPORATION, 32 CROSBY DRIVE, BEDFORD MA 01730
Jeffrey Henley	director, officer: Executive Vice Chairman	C/O DELPHI ASSET MGMT. CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Stuart Levey	officer: EVP, Chief Legal Officer	C/O DELPHI ASSET MANAGEMENT CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Renee Jo James	director	2111 NE 25TH AVE, JF1-41, HILLSBORO OR 97124
Awo Ablo	director	C/O DELPHI ASSET MANAGEMENT, 5525 KIETZKE LANE, #200, RENO NV 89511
Charles W Moorman	director	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Dorian Daley	officer: EVP and General Counsel	C/O DELPHI ASSET MGMT CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511