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. Read how much debt does Progress Software Corporation carry for a breakdown of total debt and financial obligations.
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. See net assets of Progress Software Corporation for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see market cap of Progress Software Corporation.
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 |
|---|---|---|
|
StoneCo Ltd
F:0Q0 |
Software - Infrastructure | 3.36% |
|
TIZA Information Industry Corporation Inc
SHE:300209 |
Software - Infrastructure | 0.25% |
|
Megaport Ltd
AU:MP1 |
Software - Infrastructure | 39.23% |
|
Inesa Intelligent Tech Inc B
SHG:900901 |
Software - Infrastructure | 1.50% |
|
RAIZ Invest Ltd
AU:RZI |
Software - Infrastructure | 1.21% |
|
Heeros Oyj
HE:HEEROS |
Software - Infrastructure | 6.79% |
|
IXUP Ltd
AU:IXU |
Software - Infrastructure | 0.74% |
|
Spirent Communications plc
LSE:SPT |
Software - Infrastructure | 0.01% |
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 | -- |
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