Progress Software Corporation (PRGS)
Cash ratio
| Nov 30, 2025 | Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 94,807 | 118,077 | 126,958 | 256,277 | 155,406 |
| Short-term investments | US$ in thousands | — | — | — | 256,277 | 1,967 |
| Total current liabilities | US$ in thousands | 809,734 | 455,145 | 352,118 | 318,004 | 322,929 |
| Cash ratio | 0.12 | 0.26 | 0.36 | 1.61 | 0.49 |
November 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($94,807K
+ $—K)
÷ $809,734K
= 0.12
Peer comparison
Nov 30, 2025
Company name
Symbol
Cash ratio
Progress Software Corporation
PRGS
0.12
Calix Inc
CALX
—
F5 Networks Inc
FFIV
0.83
Nutanix Inc
NTNX
1.41
Palo Alto Networks Inc
PANW
0.36
Synopsys Inc
SNPS
0.80