Progress Software Corporation (PRGS) — Defensive Interval Ratio
Progress Software Corporation (PRGS) has a Defensive Interval Ratio of 155 days as of May 2026. Defensive assets of $176.51 Million (cash $-, short-term investments $-, receivables $176.51 Million) cover 155 days of daily cash needs of $1.14 Million/day. See Progress Software Corporation current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Progress Software Corporation Defensive Interval Ratio (1989–2025)
This chart shows how Progress Software Corporation's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of May 2026, the ratio stands at 155 days, meaning defensive assets of $176.51 Million can fund 155 days of operations without new revenue. See PRGS equity financing ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Progress Software Corporation (1989–2025)
The table below presents the year-by-year Defensive Interval Ratio for Progress Software Corporation from 1989 to 2025, covering 37 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Progress Software Corporation market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 109 days | $242.38 Million | $2.22 Million/day | $- | $- | ▼ -50 days |
| 2024 | 159 days | $198.25 Million | $1.25 Million/day | $- | $- | ▼ -3 days |
| 2023 | 161 days | $155.79 Million | $964.71K/day | $- | $- | ▼ -278 days |
| 2022 | 440 days | $383.27 Million | $871.24K/day | $- | $256.28 Million | ▲ +296 days |
| 2021 | 144 days | $127.60 Million | $884.74K/day | $- | $1.97 Million | ▼ -18 days |
| 2020 | 163 days | $116.96 Million | $719.30K/day | $- | $8.01 Million | ▲ +6 days |
| 2019 | 156 days | $103.13 Million | $659.96K/day | $- | $19.43 Million | ▼ -22 days |
| 2018 | 178 days | $95.52 Million | $537.04K/day | $- | $34.39 Million | ▼ -18 days |
| 2017 | 195 days | $111.36 Million | $569.91K/day | $- | $50.15 Million | ▲ +1 days |
| 2016 | 194 days | $108.40 Million | $558.19K/day | $- | $42.72 Million | ▲ +20 days |
| 2015 | 174 days | $95.36 Million | $547.72K/day | $- | $28.90 Million | ▼ -37 days |
| 2014 | 211 days | $88.50 Million | $420.01K/day | $- | $20.19 Million | ▼ -10 days |
| 2013 | 220 days | $99.41 Million | $450.90K/day | $- | $32.62 Million | ▲ +32 days |
| 2012 | 189 days | $124.22 Million | $657.96K/day | $- | $53.42 Million | ▼ -144 days |
| 2011 | 333 days | $211.25 Million | $634.27K/day | $- | $100.32 Million | ▲ +95 days |
| 2010 | 238 days | $155.11 Million | $651.17K/day | $- | $35.84 Million | ▲ +2 days |
| 2009 | 237 days | $147.12 Million | $621.71K/day | $- | $48.25 Million | ▲ +60 days |
| 2008 | 177 days | $116.84 Million | $661.33K/day | $- | $22.04 Million | ▼ -430 days |
| 2007 | 607 days | $379.64 Million | $625.95K/day | $- | $285.65 Million | ▲ +133 days |
| 2006 | 473 days | $277.63 Million | $586.76K/day | $- | $194.87 Million | ▼ -103 days |
| 2005 | 576 days | $275.61 Million | $478.34K/day | $- | $209.02 Million | ▲ +335 days |
| 2004 | 241 days | $113.32 Million | $470.62K/day | $- | $49.82 Million | ▼ -57 days |
| 2003 | 298 days | $119.08 Million | $399.26K/day | $- | $67.01 Million | ▼ -39 days |
| 2002 | 338 days | $108.44 Million | $321.10K/day | $- | $59.77 Million | ▼ -47 days |
| 2001 | 385 days | $120.41 Million | $312.89K/day | $- | $66.18 Million | ▲ +4 days |
| 2000 | 381 days | $116.81 Million | $306.83K/day | $- | $67.38 Million | ▼ -19 days |
| 1999 | 400 days | $125.00 Million | $312.88K/day | $- | $77.00 Million | ▲ +256 days |
| 1998 | 143 days | $40.80 Million | $284.66K/day | $- | $- | ▼ -33 days |
| 1997 | 176 days | $35.70 Million | $202.74K/day | $- | $- | ▼ -46 days |
| 1996 | 222 days | $34.50 Million | $155.34K/day | $- | $- | ▼ -37 days |
| 1995 | 259 days | $41.70 Million | $161.10K/day | $- | $- | ▲ +24 days |
| 1994 | 235 days | $28.60 Million | $121.92K/day | $- | $- | ▲ +3 days |
| 1993 | 232 days | $23.20 Million | $100.00K/day | $- | $- | ▲ +61 days |
| 1992 | 171 days | $12.90 Million | $75.34K/day | $- | $- | ▼ -47 days |
| 1991 | 219 days | $11.80 Million | $53.97K/day | $- | $- | ▼ -46 days |
| 1990 | 264 days | $10.00 Million | $37.81K/day | $- | $- | ▲ +7 days |
| 1989 | 258 days | $6.00 Million | $23.29K/day | $- | $- | — |