Progress Software Corporation (PRGS)
Quick ratio
| Nov 30, 2025 | Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 94,807 | 118,077 | 126,958 | 256,277 | 155,406 |
| Short-term investments | US$ in thousands | — | — | — | 256,277 | 1,967 |
| Receivables | US$ in thousands | 272,332 | 198,247 | 155,790 | 126,992 | 125,631 |
| Total current liabilities | US$ in thousands | 809,734 | 455,145 | 352,118 | 318,004 | 322,929 |
| Quick ratio | 0.45 | 0.69 | 0.80 | 2.01 | 0.88 |
November 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($94,807K
+ $—K
+ $272,332K)
÷ $809,734K
= 0.45
Peer comparison
Nov 30, 2025
Company name
Symbol
Quick ratio
Progress Software Corporation
PRGS
0.45
Calix Inc
CALX
—
F5 Networks Inc
FFIV
1.09
Nutanix Inc
NTNX
1.66
Palo Alto Networks Inc
PANW
0.82
Synopsys Inc
SNPS
1.20