Progress Software Corporation (PRGS) — Working Capital to Net Assets Ratio
Progress Software Corporation (PRGS) has a Working Capital to Net Assets ratio of -15.7% as of May 2026. Working capital of $-79.53 Million (current assets of $336.50 Million minus current liabilities of $416.04 Million) is measured against net assets of $506.08 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Progress Software Corporation (PRGS) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Progress Software Corporation Working Capital to Net Assets (1989–2025)
This chart shows how Progress Software Corporation's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of May 2026, the ratio stands at -15.7%, reflecting working capital of $-79.53 Million against net assets of $506.08 Million USD. See Progress Software Corporation defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Progress Software Corporation (1989–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Progress Software Corporation from 1989 to 2025, covering 37 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see PRGS company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -85.7% | $-409.77 Million | $478.35 Million | $399.96 Million | $809.73 Million | ▼ -66.0 pp |
| 2024 | -19.7% | $-86.33 Million | $438.79 Million | $368.81 Million | $455.14 Million | ▼ -15.0 pp |
| 2023 | -4.6% | $-21.33 Million | $459.71 Million | $330.79 Million | $352.12 Million | ▼ -31.8 pp |
| 2022 | 27.1% | $108.05 Million | $398.50 Million | $426.05 Million | $318.00 Million | ▲ +23.5 pp |
| 2021 | 3.6% | $14.88 Million | $412.49 Million | $337.81 Million | $322.93 Million | ▲ +10.4 pp |
| 2020 | -6.8% | $-23.61 Million | $346.01 Million | $238.94 Million | $262.54 Million | ▼ -20.1 pp |
| 2019 | 13.3% | $43.78 Million | $330.28 Million | $284.67 Million | $240.88 Million | ▲ +2.7 pp |
| 2018 | 10.6% | $32.80 Million | $310.08 Million | $228.82 Million | $196.02 Million | ▼ -4.1 pp |
| 2017 | 14.7% | $55.39 Million | $376.08 Million | $263.41 Million | $208.02 Million | ▼ -17.8 pp |
| 2016 | 32.5% | $132.31 Million | $406.63 Million | $336.05 Million | $203.74 Million | ▲ +8.9 pp |
| 2015 | 23.6% | $123.49 Million | $522.46 Million | $323.41 Million | $199.92 Million | ▼ -19.1 pp |
| 2014 | 42.8% | $232.37 Million | $543.25 Million | $385.67 Million | $153.30 Million | ▲ +9.0 pp |
| 2013 | 33.7% | $173.23 Million | $513.65 Million | $337.81 Million | $164.58 Million | ▼ -11.2 pp |
| 2012 | 44.9% | $286.66 Million | $638.40 Million | $526.82 Million | $240.15 Million | ▲ +16.6 pp |
| 2011 | 28.3% | $176.27 Million | $622.30 Million | $407.78 Million | $231.51 Million | ▼ -7.4 pp |
| 2010 | 35.8% | $246.18 Million | $688.33 Million | $483.86 Million | $237.68 Million | ▲ +12.2 pp |
| 2009 | 23.5% | $130.69 Million | $555.45 Million | $357.62 Million | $226.92 Million | ▲ +22.5 pp |
| 2008 | 1.0% | $4.87 Million | $481.45 Million | $246.25 Million | $241.38 Million | ▼ -44.6 pp |
| 2007 | 45.6% | $235.95 Million | $517.87 Million | $464.42 Million | $228.47 Million | ▲ +12.7 pp |
| 2006 | 32.8% | $145.97 Million | $444.56 Million | $360.14 Million | $214.17 Million | ▼ -17.4 pp |
| 2005 | 50.2% | $191.73 Million | $381.66 Million | $366.33 Million | $174.59 Million | ▲ +10.4 pp |
| 2004 | 39.9% | $106.48 Million | $266.98 Million | $278.25 Million | $171.78 Million | ▼ -26.8 pp |
| 2003 | 66.7% | $148.00 Million | $222.04 Million | $293.73 Million | $145.73 Million | ▼ -7.1 pp |
| 2002 | 73.8% | $127.62 Million | $172.96 Million | $244.83 Million | $117.20 Million | ▲ +0.8 pp |
| 2001 | 73.0% | $135.24 Million | $185.18 Million | $249.44 Million | $114.20 Million | ▲ +2.5 pp |
| 2000 | 70.5% | $117.68 Million | $166.81 Million | $229.67 Million | $111.99 Million | ▼ -8.0 pp |
| 1999 | 78.5% | $111.70 Million | $142.30 Million | $225.90 Million | $114.20 Million | ▲ +11.3 pp |
| 1998 | 67.2% | $69.10 Million | $102.90 Million | $173.00 Million | $103.90 Million | ▼ -3.0 pp |
| 1997 | 70.1% | $67.80 Million | $96.70 Million | $141.80 Million | $74.00 Million | ▼ -3.8 pp |
| 1996 | 73.9% | $84.30 Million | $114.00 Million | $141.00 Million | $56.70 Million | ▼ -0.8 pp |
| 1995 | 74.8% | $85.30 Million | $114.10 Million | $144.10 Million | $58.80 Million | ▼ -0.8 pp |
| 1994 | 75.6% | $66.90 Million | $88.50 Million | $111.40 Million | $44.50 Million | ▼ -0.8 pp |
| 1993 | 76.4% | $53.40 Million | $69.90 Million | $89.90 Million | $36.50 Million | ▼ -6.3 pp |
| 1992 | 82.7% | $44.00 Million | $53.20 Million | $71.50 Million | $27.50 Million | ▼ -4.3 pp |
| 1991 | 87.1% | $34.30 Million | $39.40 Million | $54.00 Million | $19.70 Million | ▲ +14.2 pp |
| 1990 | 72.9% | $9.40 Million | $12.90 Million | $23.20 Million | $13.80 Million | ▲ +2.9 pp |
| 1989 | 70.0% | $5.60 Million | $8.00 Million | $14.10 Million | $8.50 Million | — |