Progress Software Corporation PRGS NASDAQ

Progress Software Corporation (PRGS) reported total assets of $2.39B and total liabilities of $1.9B for quarter ending 2026-02-28, resulting in total equity of $498.8M.

The company held $113.17M in cash and short-term investments. Total debt stood at $835.51M, with net debt of $722.34M. The Debt-to-Equity (D/E) ratio was 1.68 (leveraged).

Current ratio is 0.47, which may signal tight short-term liquidity.

Criteria supported by this page:

• HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (61/100) — Total assets $2.39B and equity $498.8M support the company's competitive scale
• VALUE (63/100) — Debt-to-Equity 1.68 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 54/100 with 3/7 criteria passed.