Financial Analysis of Oracle Corp Essay -- essays papers

Financial Analysis of prophet corpINTRODUCTIONBackground and History oracle sight is a engine room comp any that supplies software for the use of information management. They develop, manufacture, market and distribute calculator software that helps other corporations manage their data so they can go grow and prosper. In 1977, Larry Ellison, Bob Miner, and Ed Oates founded governance Development Laboratories. subsequently being inspired by a research paper pen in 1970 by an IBM researcher titled A Relational simulation of Data for Large Shared Data Banks they decided to build a new 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 prophesier. They thought this would be beguile because the meaning of Oracle is source of wisdom. In 1978, Software Development laboratories locomote from their offices in Santa Clara to ones in Menlo Park, the heart o f the Silicon Valley. To better explain what they did, they changed their charge to Relational Software Inc., or RSI. In 1979, RSI developed and distributed its first mercenary SQL database V2, there was no version 1. In 1982, RSI changed its name to Oracle Systems lodge, which by and by changed again to Oracle Corporation. They reasoning behind this was that they thought by grant the company after the product it would help the company obtain to a greater extent recognition. In 1983, Oracle decided to make the Relational Database Management System (RDBMS) portable. They then introduce V3, the first portable database to run on individual(prenominal) Computers, minicomputers and mainframes. In 1984, Oracle Corporations revenues reach $12.7 million and they go into a new eighty-four thousand square foot construct in Belmont, CA. They also went international by working with companies in Canada, Netherlands, and a limited portion in the United Kingdom. In 1985 they h it $23 million in revenues and expanded to Austria, Germany, Japan, Sweden, and Switzerland. Their Initial Public Offering was on March 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 good trend for the corporation. They also have a very measly debt-to-equity ratio, indicating that they have enough equity to easily pay off any funds acquired from creditors. As a creditor I would feel safe in lending 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 Annual Report Introduction. 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/ monetary/index.html?finhgh99.html.Moyer, Charles R., and McGuigan, James R., and Kretlow, William J. 1998. Contemporary Financial Management. South-Western College Publishing Cincinnati, Ohio, 64-106.America Online, Inc. 2000. Personal pay Investment Research. 30 July. http//research.web.aol.com/index.adp?T1=orcl&item=4.