Progress Software Corporation company logo
Progress Software Corporation logo

Progress Software Corporation (PRGS) Current Ratio

Annual Current Ratio

0.490.32-39.51%

Summary

Current Value
As of today, PRGS annual current ratio is 0.49, down -39.51% on
Historical Performance
PRGS annual current ratio is down -63.43% over the past 3 years, and down -46.15% over the past 5 years
All-Time High Comparison
PRGS annual current ratio is currently -82.12% below its historical high of 2.74 set on
3-Year Low Comparison
PRGS annual current ratio is at its 3-year low
Sector Comparison
PRGS annual current ratio is higher than 6.65% of companies in Technology sector

Current Ratio Chart

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Performance

PRGS Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio0.49-39.5%-63.4%-46.1%-76.0%
Quarterly Current Ratio0.49-39.5%-63.4%-46.1%-76.0%
Price$42.35-21.8%-18.2%+0.9%+47.7%
Annual Current Assets$399.97M+8.4%-6.1%+67.4%-17.3%
Annual Current Liabilities$809.73M+77.9%+154.6%+208.4%+240.7%
Annual Quick Ratio0.49-39.5%-63.4%-46.1%-76.0%
Annual Debt To Equity2.99-16.0%+85.7%+149.2%+100.0%
Piotroski F-Score60.0%-14.3%0.0%0.0%
Altman Z-Score1.05-9.5%-53.5%-56.8%-85.2%

Current Ratio Highs

PRGS Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.34N/A-63.4%
5Y1.34-63.4%
All2.74-82.1%

Current Ratio Lows

PRGS Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.49at low
5Y0.49at low
All0.49at low

Current Ratio History

YearValueChange
0.49-39.5%
0.81-13.8%
0.94-29.9%
1.34+27.6%
1.05+15.4%
0.91-22.9%
1.18-4.8%
1.24-2.4%
1.27-23.0%
1.65+1.9%
1.62-35.7%
2.52+22.9%
2.05-3.8%
2.13+21.0%
1.76-13.7%
2.04+29.1%
1.58+54.9%
1.02-49.8%
2.03+20.8%
YearValueChange
1.68-17.6%
2.04+25.9%
1.62-21.0%
2.05-1.9%
2.09-4.1%
2.18+6.3%
2.05+3.5%
1.98+18.6%
1.67-13.0%
1.92-22.6%
2.48+1.2%
2.45-2.0%
2.50+1.6%
2.46-5.4%
2.60-5.1%
2.74+63.1%
1.68+1.2%
1.66-

FAQ

  • What is the current annual current ratio of PRGS?

    As of today, PRGS annual current ratio is 0.49

  • What is 1-year change in PRGS annual current ratio?

    PRGS annual current ratio is down -39.51% year-over-year

  • What is 3-year change in PRGS annual current ratio?

    PRGS annual current ratio is down -63.43% over the past 3 years

  • How far is PRGS annual current ratio from its all-time high?

    PRGS annual current ratio is currently -82.12% below its historical high of 2.74 set on November 30, 1991

  • How does PRGS annual current ratio rank versus sector peers?

    PRGS annual current ratio is higher than 6.65% of companies in Technology sector

  • When is PRGS next annual earnings release?

    As of today, the next annual earnings release for PRGS has not been scheduled

Current Ratio Formula

Current Ratio =  

Data Sources & References

  1. PRGS Official Website www.progress.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/876167/000087616726000008/0000876167-26-000008-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/876167/000087616726000008/0000876167-26-000008-index.htm
  4. PRGS Profile on Yahoo Finance finance.yahoo.com/quote/PRGS
  5. PRGS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/prgs