Financial Analysis of Oracle Corp Essay -- essays papers

Financial Analysis of Oracle Corp unveilingBackground and HistoryOracle fellowship is a technology corporation that supplies computer software for the use of information management. They develop, manufacture, market and distribute computer software that helps other corporations manage their data so they can better bewilder and prosper. In 1977, Larry Ellison, Bob Miner, and Ed Oates founded System Development Laboratories. After being inspired by a research paper written in 1970 by an IBM researcher titled A relational Model of data for Large Shared Data Banks they decided to build a in the raw type of database called a relational database system. The original project on the relational database system was for the government (Central Intelligence Agency) and was dubbed Oracle. They thought this would be appropriate because the heart of Oracle is source of wisdom. In 1978, Software Development laboratories moved from their offices in Santa Clara to ones in Menlo Park, the hea rt of the Silicon Valley. To better explain what they did, they changed their name to Relational Software Inc., or RSI. In 1979, RSI developed and distributed its first commercial SQL database V2, on that point was no version 1. In 1982, RSI changed its name to Oracle Systems muckle, which later changed again to Oracle potty. They reasoning behind this was that they thought by naming the society after the product it would help the company obtain more recognition. In 1983, Oracle decided to make the Relational Database Management System (RDBMS) portable. They hence introduce V3, the first portable database to run on Personal Computers, minicomputers and mainframes. In 1984, Oracle Corporations revenues reach $12.7 million and they move into a new eighty-four thousand square foot building in Belmont, CA. They also went international by working with companies in Canada, Netherlands, and a modified portion in the United Kingdom. In 1985 they hit $23 million in reven ues and spread out to Austria, Germany, Japan, Sweden, and Switzerland. Their Initial Public Offering was on jar against 12, 1986, the same year their revenues reached $55 million. The stock opened at a price of $15 and closed at $20.75. Oracle Corporation expanded to Australia, Finland, France, Hong Kong (limited), Norway, and Spain. In 1987, Oracles revenues were $131 million, as ... ...rs, setting a expert trend for the corporation. They also have got a very low debt-to-equity ratio, indicating that they have enough equity to easily pay off any gold acquired from creditors. As a creditor I would feel safe in lend them funds for any future projects or endeavors. BibliographyWORKS CITEDOracle Corporation 2000a. Investor Relation Corporate History. 20 July. Internet http//www.oracle.com/corporate/.Oracle Corporation 2000b. Investor Relations Financials. 21 July. Internethttp//ww.oracle.com/corporate/.Oracle Corporation 2000c. 1999 yearly Report Introductio n. 21 July. Internet http//www.oracle.com/corporate/annual_report/99/index.html.Oracle Corporation 2000d. Financial Highlights. 22 July. Internet http//www.oracle.com/corporate/annual_report/99/financial/index.html?finhgh99.html.Moyer, Charles R., and McGuigan, throng R., and Kretlow, William J. 1998. Contemporary Financial Management. South-Western College Publishing Cincinnati, Ohio, 64-106.America Online, Inc. 2000. Personal Finance investiture Research. 30 July. http//research.web.aol.com/index.adp?T1=orcl&item=4.