Progress Software Corporation Asset Resilience Ratio
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. See defensive interval ratio of Progress Software Corporation to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Progress Software Corporation (1999–2022)
Asset resilience ratio of Progress Software Corporation from 1999 to 2022. This chart shows how Progress Software Corporation's Asset Resilience Ratio has changed over time. Read PRGS total liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see Progress Software Corporation total assets.
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 |
|---|---|---|
|
Synopsys Inc
NASDAQ:SNPS |
Software - Infrastructure | 0.16% |
|
Oracle Financial Services Software Limited
NSE:OFSS |
Software - Infrastructure | 44.49% |
|
TIZA Information Industry Corporation Inc
SHE:300209 |
Software - Infrastructure | 0.25% |
|
Qi An Xin Technology Group Inc
SHG:688561 |
Software - Infrastructure | 1.17% |
|
Keyware Technologies NV
BR:KEYW |
Software - Infrastructure | -30.34% |
|
DATRIX S.P.A.
F:BW6 |
Software - Infrastructure | 0.97% |
|
Spirent Communications plc
LSE:SPT |
Software - Infrastructure | 0.01% |
|
Adslot Ltd
AU:ADS |
Software - Infrastructure | 21.42% |
Progress Software Corporation Asset Resilience Ratio by Year (1999–2022)
Progress Software Corporation asset resilience ratio by year from 1999 to 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 | -- |
About 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