Progress Software Corporation (PRGS)
Cash ratio
| Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 94,807 | 99,008 | 102,006 | 124,161 | 118,077 | 232,713 | 190,420 | 133,222 | 126,958 | 137,999 | 125,531 | 107,981 | 256,277 | 224,115 | 224,863 | 171,666 | 155,406 | 379,895 | 357,360 | 107,698 |
| Short-term investments | US$ in thousands | — | — | — | — | — | 75,814 | — | 5,350 | — | 110 | — | 14,944 | -4,515 | 749 | 1,050 | 1,656 | 1,967 | 3,782 | 5,300 | 6,673 |
| Total current liabilities | US$ in thousands | 809,734 | 769,809 | 750,271 | 428,541 | 455,145 | 314,908 | 307,221 | 312,208 | 352,118 | 324,703 | 323,494 | 337,157 | 318,004 | 279,683 | 284,229 | 283,730 | 322,929 | 271,608 | 266,077 | 265,740 |
| Cash ratio | 0.12 | 0.13 | 0.14 | 0.29 | 0.26 | 0.98 | 0.62 | 0.44 | 0.36 | 0.43 | 0.39 | 0.36 | 0.79 | 0.80 | 0.79 | 0.61 | 0.49 | 1.41 | 1.36 | 0.43 |
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
2.77
F5 Networks Inc
FFIV
0.83
Nutanix Inc
NTNX
1.41
Palo Alto Networks Inc
PANW
0.36
Synopsys Inc
SNPS
0.80