Progress Software Corporation (PRGS) - Total Liabilities
Based on the latest financial reports, Progress Software Corporation (PRGS) has total liabilities worth $1.90 Billion USD as of February 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Progress Software Corporation - Total Liabilities Trend (1989–2025)
This chart illustrates how Progress Software Corporation's total liabilities have evolved over time, based on quarterly financial data. See PRGS current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Progress Software Corporation Competitors by Total Liabilities
The table below lists competitors of Progress Software Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ingles Markets Incorporated
NASDAQ:IMKTA
|
USA | $932.91 Million |
|
Gosuncn Technology Group Co Ltd Class A
SHE:300098
|
China | CN¥2.29 Billion |
|
Distribution Solutions Group Inc
NASDAQ:DSGR
|
USA | $1.11 Billion |
|
Henan Zhongyuan Expressway Co Ltd
SHG:600020
|
China | CN¥41.36 Billion |
|
IDT Corporation
NYSE:IDT
|
USA | $310.09 Million |
|
SYoung Group Co Ltd
SHE:300740
|
China | CN¥2.19 Billion |
|
Huabao Flavours & Fragrances Co Ltd Class A
SHE:300741
|
China | CN¥402.87 Million |
|
KTK Group Co Ltd
SHG:603680
|
China | CN¥2.62 Billion |
Liability Composition Analysis (1989–2025)
This chart breaks down Progress Software Corporation's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see PRGS market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.47 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 3.80 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.79 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Progress Software Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Progress Software Corporation (1989–2025)
The table below shows the annual total liabilities of Progress Software Corporation from 1989 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-11-30 | $1.98 Billion | -5.21% |
| 2024-11-30 | $2.09 Billion | +82.68% |
| 2023-11-30 | $1.14 Billion | +12.84% |
| 2022-11-30 | $1.01 Billion | +6.51% |
| 2021-11-30 | $951.05 Million | +36.69% |
| 2020-11-30 | $695.77 Million | +26.28% |
| 2019-11-30 | $550.99 Million | +66.70% |
| 2018-11-30 | $330.53 Million | -3.53% |
| 2017-11-30 | $342.63 Million | -1.60% |
| 2016-11-30 | $348.20 Million | -1.82% |
| 2015-11-30 | $354.66 Million | +121.92% |
| 2014-11-30 | $159.82 Million | -5.17% |
| 2013-11-30 | $168.53 Million | -31.65% |
| 2012-11-30 | $246.58 Million | +1.47% |
| 2011-11-30 | $243.01 Million | -2.21% |
| 2010-11-30 | $248.49 Million | +2.09% |
| 2009-11-30 | $243.40 Million | -10.16% |
| 2008-11-30 | $270.92 Million | +11.05% |
| 2007-11-30 | $243.95 Million | +8.10% |
| 2006-11-30 | $225.68 Million | +21.87% |
| 2005-11-30 | $185.18 Million | +2.97% |
| 2004-11-30 | $179.84 Million | +23.40% |
| 2003-11-30 | $145.73 Million | +24.34% |
| 2002-11-30 | $117.20 Million | +2.63% |
| 2001-11-30 | $114.20 Million | +1.98% |
| 2000-11-30 | $111.99 Million | -2.02% |
| 1999-11-30 | $114.30 Million | +10.12% |
| 1998-11-30 | $103.80 Million | +38.40% |
| 1997-11-30 | $75.00 Million | +26.69% |
| 1996-11-30 | $59.20 Million | -3.90% |
| 1995-11-30 | $61.60 Million | +33.62% |
| 1994-11-30 | $46.10 Million | +21.64% |
| 1993-11-30 | $37.90 Million | +34.40% |
| 1992-11-30 | $28.20 Million | +34.93% |
| 1991-11-30 | $20.90 Million | +40.27% |
| 1990-11-30 | $14.90 Million | +63.74% |
| 1989-11-30 | $9.10 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