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 (PRGS) - Total Assets
Latest total assets as of November 2025: $2.46 Billion USD
Based on the latest financial reports, Progress Software Corporation (PRGS) holds total assets worth $2.46 Billion USD as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Progress Software Corporation - Total Assets Trend (1989–2025)
This chart illustrates how Progress Software Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Progress Software Corporation - Asset Composition Analysis
Current Asset Composition (November 2025)
Progress Software Corporation's total assets of $2.46 Billion consist of 16.3% current assets and 83.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.9% |
| Accounts Receivable | $272.33 Million | 11.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $584.03 Million | 23.8% |
| Goodwill | $1.31 Billion | 53.3% |
Asset Composition Trend (1989–2025)
This chart illustrates how Progress Software Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Progress Software Corporation's current assets represent 16.3% of total assets in 2025, a decrease from 82.5% in 1989.
- Cash Position: Cash and equivalents constituted 3.9% of total assets in 2025, down from 40.9% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 76.0% of total assets, an increase from 2.0% in 1989.
- Asset Diversification: The largest asset category is goodwill at 53.3% of total assets.
Progress Software Corporation Competitors by Total Assets
Key competitors of Progress Software Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Progress Software Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Progress Software Corporation generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Progress Software Corporation generates $ 2.98 in net profit.
Progress Software Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.49 | 0.81 | 0.90 |
| Quick Ratio | 0.49 | 0.81 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-409.77 Million | $ -86.33 Million | $ -26.43 Million |
Progress Software Corporation - Advanced Valuation Insights
This section examines the relationship between Progress Software Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.21 |
| Latest Market Cap to Assets Ratio | 0.57 |
| Asset Growth Rate (YoY) | -2.7% |
| Total Assets | $2.46 Billion |
| Market Capitalization | $1.40 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Progress Software Corporation's assets below their book value (0.57 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Progress Software Corporation's assets decreased by 2.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Progress Software Corporation (1989–2025)
The table below shows the annual total assets of Progress Software Corporation from 1989 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-11-30 | $2.46 Billion | -2.74% |
| 2024-11-30 | $2.53 Billion | +57.66% |
| 2023-11-30 | $1.60 Billion | +13.55% |
| 2022-11-30 | $1.41 Billion | +3.52% |
| 2021-11-30 | $1.36 Billion | +30.89% |
| 2020-11-30 | $1.04 Billion | +18.21% |
| 2019-11-30 | $881.27 Million | +37.57% |
| 2018-11-30 | $640.61 Million | -10.87% |
| 2017-11-30 | $718.72 Million | -4.78% |
| 2016-11-30 | $754.83 Million | -13.94% |
| 2015-11-30 | $877.12 Million | +24.76% |
| 2014-11-30 | $703.06 Million | +3.06% |
| 2013-11-30 | $682.19 Million | -22.91% |
| 2012-11-30 | $884.98 Million | +2.27% |
| 2011-11-30 | $865.31 Million | -7.63% |
| 2010-11-30 | $936.82 Million | +17.27% |
| 2009-11-30 | $798.85 Million | +6.18% |
| 2008-11-30 | $752.37 Million | -1.24% |
| 2007-11-30 | $761.83 Million | +13.67% |
| 2006-11-30 | $670.24 Million | +18.24% |
| 2005-11-30 | $566.84 Million | +26.86% |
| 2004-11-30 | $446.81 Million | +21.49% |
| 2003-11-30 | $367.77 Million | +26.74% |
| 2002-11-30 | $290.17 Million | -3.08% |
| 2001-11-30 | $299.38 Million | +7.38% |
| 2000-11-30 | $278.81 Million | +8.65% |
| 1999-11-30 | $256.60 Million | +24.14% |
| 1998-11-30 | $206.70 Million | +20.38% |
| 1997-11-30 | $171.70 Million | -0.87% |
| 1996-11-30 | $173.20 Million | -1.42% |
| 1995-11-30 | $175.70 Million | +30.53% |
| 1994-11-30 | $134.60 Million | +24.86% |
| 1993-11-30 | $107.80 Million | +32.43% |
| 1992-11-30 | $81.40 Million | +34.99% |
| 1991-11-30 | $60.30 Million | +116.91% |
| 1990-11-30 | $27.80 Million | +62.57% |
| 1989-11-30 | $17.10 Million | -- |