Progress Software Corporation
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfer… Read more
Progress Software Corporation - Asset Resilience Ratio
Progress Software Corporation (PRGS) has an Asset Resilience Ratio of 4.68% as of August 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1999–2022)
This chart shows how Progress Software Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Progress Software Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $75.81 Million | 4.68% |
| Total Liquid Assets | $75.81 Million | 4.68% |
Asset Resilience Insights
- Limited Liquidity: Progress Software Corporation maintains only 4.68% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Progress Software Corporation Industry Peers by Asset Resilience Ratio
Compare Progress Software Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017 |
Software - Infrastructure | -1.64% |
|
Wiscom System Co Ltd
SHE:002090 |
Software - Infrastructure | 19.97% |
|
Topsec Technologies Group Inc
SHE:002212 |
Software - Infrastructure | 0.15% |
|
Focus Technology Co Ltd
SHE:002315 |
Software - Infrastructure | 3.71% |
|
Beijing Venustech Inc
SHE:002439 |
Software - Infrastructure | 3.87% |
|
Maxvision Technology Corp
SHE:002990 |
Software - Infrastructure | 5.60% |
|
OpenSys M Bhd
KLSE:0040 |
Software - Infrastructure | 35.92% |
|
Managepay Systems Bhd
KLSE:0156 |
Software - Infrastructure | 15.94% |
Annual Asset Resilience Ratio for Progress Software Corporation (1999–2022)
The table below shows the annual Asset Resilience Ratio data for Progress Software Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-11-30 | 18.16% | $256.28 Million | $1.41 Billion | +18.01pp |
| 2021-11-30 | 0.14% | $1.97 Million | $1.36 Billion | -0.62pp |
| 2020-11-30 | 0.77% | $8.01 Million | $1.04 Billion | -1.44pp |
| 2019-11-30 | 2.20% | $19.43 Million | $881.27 Million | -3.16pp |
| 2018-11-30 | 5.37% | $34.39 Million | $640.61 Million | -1.61pp |
| 2017-11-30 | 6.98% | $50.15 Million | $718.72 Million | +1.32pp |
| 2016-11-30 | 5.66% | $42.72 Million | $754.83 Million | +2.36pp |
| 2015-11-30 | 3.29% | $28.90 Million | $877.12 Million | +0.42pp |
| 2014-11-30 | 2.87% | $20.19 Million | $703.06 Million | -1.91pp |
| 2013-11-30 | 4.78% | $32.62 Million | $682.19 Million | -1.25pp |
| 2012-11-30 | 6.04% | $53.42 Million | $884.98 Million | -5.56pp |
| 2011-11-30 | 11.59% | $100.32 Million | $865.31 Million | +7.77pp |
| 2010-11-30 | 3.83% | $35.84 Million | $936.82 Million | -2.21pp |
| 2009-11-30 | 6.04% | $48.25 Million | $798.85 Million | +3.11pp |
| 2008-11-30 | 2.93% | $22.04 Million | $752.37 Million | -34.56pp |
| 2007-11-30 | 37.49% | $285.65 Million | $761.83 Million | +8.42pp |
| 2006-11-30 | 29.07% | $194.87 Million | $670.24 Million | -7.80pp |
| 2005-11-30 | 36.87% | $209.02 Million | $566.84 Million | +25.73pp |
| 2004-11-30 | 11.15% | $49.82 Million | $446.81 Million | -7.07pp |
| 2003-11-30 | 18.22% | $67.01 Million | $367.77 Million | -2.38pp |
| 2002-11-30 | 20.60% | $59.77 Million | $290.17 Million | -1.51pp |
| 2001-11-30 | 22.11% | $66.18 Million | $299.38 Million | -2.06pp |
| 2000-11-30 | 24.17% | $67.38 Million | $278.81 Million | -5.84pp |
| 1999-11-30 | 30.01% | $77.00 Million | $256.60 Million | -- |