Stock Analysis on Net

Oracle Corp. (NYSE:ORCL)

$24.99

Adjustments to Financial Statements

Microsoft Excel

Adjustments to Current Assets

Oracle Corp., adjusted current assets

US$ in millions

Microsoft Excel
May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
As Reported
Current assets
Adjustments
Add: Allowances for credit losses
After Adjustment
Adjusted current assets

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).


Adjustments to Total Assets

Oracle Corp., adjusted total assets

US$ in millions

Microsoft Excel
May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
As Reported
Total assets
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)1
Add: Allowances for credit losses
Less: Non-current deferred tax assets2
After Adjustment
Adjusted total assets

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).

1 Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

2 Non-current deferred tax assets. See details »


Adjustments to Current Liabilities

Oracle Corp., adjusted current liabilities

US$ in millions

Microsoft Excel
May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
As Reported
Current liabilities
Adjustments
Less: Deferred revenues, current
Less: Restructuring plans accrued, current
After Adjustment
Adjusted current liabilities

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).


Adjustments to Total Liabilities

Oracle Corp., adjusted total liabilities

US$ in millions

Microsoft Excel
May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
As Reported
Total liabilities
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)1
Less: Non-current deferred tax liabilities2
Less: Deferred revenues
Less: Restructuring plans accrued
After Adjustment
Adjusted total liabilities

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Non-current deferred tax liabilities. See details »


Adjustments to Stockholders’ Equity

Oracle Corp., adjusted total Oracle Corporation stockholders’ equity (deficit)

US$ in millions

Microsoft Excel
May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
As Reported
Total Oracle Corporation stockholders’ equity (deficit)
Adjustments
Less: Net deferred tax assets (liabilities)1
Add: Allowances for credit losses
Add: Deferred revenues
Add: Restructuring plans accrued
Add: Noncontrolling interests
After Adjustment
Adjusted total stockholders’ equity (deficit)

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).

1 Net deferred tax assets (liabilities). See details »


Adjustments to Capitalization Table

Oracle Corp., adjusted capitalization table

US$ in millions

Microsoft Excel
May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
As Reported
Notes payable and other borrowings, current
Notes payable and other borrowings, non-current
Total reported debt
Total Oracle Corporation stockholders’ equity (deficit)
Total reported capital
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)1
Add: Current lease liabilities for operating leases2
Add: Non-current lease liabilities for operating leases3
Adjusted total debt
Adjustments to Equity
Less: Net deferred tax assets (liabilities)4
Add: Allowances for credit losses
Add: Deferred revenues
Add: Restructuring plans accrued
Add: Noncontrolling interests
Adjusted total stockholders’ equity (deficit)
After Adjustment
Adjusted total capital

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Current lease liabilities for operating leases. See details »

3 Non-current lease liabilities for operating leases. See details »

4 Net deferred tax assets (liabilities). See details »


Adjustments to Revenues

Oracle Corp., adjusted revenues

US$ in millions

Microsoft Excel
12 months ended: May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
As Reported
Revenues
Adjustment
Add: Increase (decrease) in deferred revenues
After Adjustment
Adjusted revenues

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).


Adjustments to Reported Income

Oracle Corp., adjusted net income

US$ in millions

Microsoft Excel
12 months ended: May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019
As Reported
Net income
Adjustments
Add: Deferred income tax expense (benefit)1
Add: Increase (decrease) in allowances for credit losses
Add: Increase (decrease) in deferred revenues
Add: Increase (decrease) in restructuring plans accrued
Add: Other comprehensive income (loss), net of tax
After Adjustment
Adjusted net income before noncontrolling interests in income

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).

1 Deferred income tax expense (benefit). See details »