Progress Property Plant Equipment vs Short Term Investments Analysis

PRGS Stock

USD 50.51 0.07 0.14%

Progress Software financial indicator trend analysis is much more than just breaking down Progress Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Progress Software is a good investment. Please check the relationship between Progress Software Property Plant Equipment and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.

Property Plant Equipment vs Short Term Investments

Property Plant Equipment vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Progress Software Property Plant Equipment account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Progress Software's Property Plant Equipment and Short Term Investments is -0.76. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Progress Software, assuming nothing else is changed. The correlation between historical values of Progress Software's Property Plant Equipment and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Progress Software are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Progress Software's Property Plant Equipment and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Property Plant Equipment

Short Term Investments

Short Term Investments is an item under the current assets section of Progress Software balance sheet. It contains any investments Progress Software undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Progress Software can easily liquidate in the marketplace.

Most indicators from Progress Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Progress Software current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.At this time, Progress Software's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 13.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 23.2 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	15.8M	30.8M	35.4M	37.2M
Depreciation And Amortization	66.3M	103.1M	118.6M	124.6M

Interest Expense Depreciation And Amortization

Progress Software fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Short Term Investments
Total Assets		0.96	0.73	0.98	0.38	0.15	0.84	-0.04	0.11	0.98	0.22	0.07	0.99	-0.31	0.93	0.03	0.89	0.81	0.96	0.74	0.47	0.49	0.93	-0.22	-0.54	0.71
Short Long Term Debt Total	0.96		0.69	0.92	0.15	-0.08	0.94	-0.24	-0.1	0.98	0.14	-0.16	0.98	-0.5	0.99	-0.06	0.85	0.83	0.99	0.61	0.26	0.58	0.97	-0.4	-0.33	0.78
Other Current Liab	0.73	0.69		0.74	0.4	0.16	0.65	-0.13	0.0	0.74	0.3	-0.02	0.73	-0.38	0.69	-0.28	0.64	0.49	0.71	0.47	0.36	0.46	0.7	-0.11	-0.64	0.38
Total Current Liabilities	0.98	0.92	0.74		0.39	0.18	0.8	-0.08	0.13	0.96	0.29	0.1	0.97	-0.26	0.9	0.11	0.86	0.75	0.94	0.7	0.49	0.51	0.9	-0.14	-0.62	0.64
Total Stockholder Equity	0.38	0.15	0.4	0.39		0.81	-0.16	0.77	0.81	0.21	0.22	0.8	0.3	0.62	0.04	0.37	0.48	0.11	0.12	0.64	0.91	-0.41	0.08	0.49	-0.76	0.02
Property Plant And Equipment Net	0.15	-0.08	0.16	0.18	0.81		-0.32	0.73	0.68	0.0	0.35	0.72	0.1	0.69	-0.17	0.32	0.22	-0.13	-0.09	0.43	0.67	-0.43	-0.1	0.39	-0.69	-0.3
Net Debt	0.84	0.94	0.65	0.8	-0.16	-0.32		-0.51	-0.42	0.93	0.12	-0.47	0.87	-0.74	0.97	-0.24	0.65	0.81	0.95	0.41	-0.06	0.79	0.96	-0.58	-0.13	0.72
Retained Earnings	-0.04	-0.24	-0.13	-0.08	0.77	0.73	-0.51		0.73	-0.19	-0.1	0.77	-0.1	0.79	-0.36	0.24	0.17	-0.05	-0.3	0.52	0.61	-0.73	-0.29	0.4	-0.34	-0.14
Cash	0.11	-0.1	0.0	0.13	0.81	0.68	-0.42	0.73		-0.09	0.13	0.97	0.02	0.76	-0.2	0.53	0.25	-0.23	-0.12	0.32	0.91	-0.58	-0.24	0.75	-0.54	-0.06
Non Current Assets Total	0.98	0.98	0.74	0.96	0.21	0.0	0.93	-0.19	-0.09		0.2	-0.13	0.99	-0.47	0.98	-0.08	0.83	0.85	0.99	0.66	0.28	0.62	0.98	-0.38	-0.43	0.73
Non Currrent Assets Other	0.22	0.14	0.3	0.29	0.22	0.35	0.12	-0.1	0.13	0.2		0.11	0.21	0.04	0.16	0.28	0.04	-0.07	0.19	-0.03	0.21	0.23	0.14	0.11	-0.45	-0.24
Cash And Short Term Investments	0.07	-0.16	-0.02	0.1	0.8	0.72	-0.47	0.77	0.97	-0.13	0.11		-0.02	0.79	-0.25	0.43	0.22	-0.23	-0.17	0.35	0.86	-0.58	-0.28	0.76	-0.6	-0.11
Net Receivables	0.99	0.98	0.73	0.97	0.3	0.1	0.87	-0.1	0.02	0.99	0.21	-0.02		-0.37	0.95	-0.01	0.9	0.84	0.97	0.72	0.39	0.5	0.95	-0.32	-0.49	0.72
Common Stock Shares Outstanding	-0.31	-0.5	-0.38	-0.26	0.62	0.69	-0.74	0.79	0.76	-0.47	0.04	0.79	-0.37		-0.6	0.61	-0.1	-0.43	-0.53	0.13	0.57	-0.82	-0.58	0.69	-0.29	-0.41
Non Current Liabilities Total	0.93	0.99	0.69	0.9	0.04	-0.17	0.97	-0.36	-0.2	0.98	0.16	-0.25	0.95	-0.6		-0.13	0.77	0.81	0.99	0.52	0.16	0.7	0.98	-0.44	-0.28	0.77
Inventory	0.03	-0.06	-0.28	0.11	0.37	0.32	-0.24	0.24	0.53	-0.08	0.28	0.43	-0.01	0.61	-0.13		0.07	-0.14	-0.07	0.06	0.5	-0.36	-0.16	0.48	-0.14	-0.15
Other Current Assets	0.89	0.85	0.64	0.86	0.48	0.22	0.65	0.17	0.25	0.83	0.04	0.22	0.9	-0.1	0.77	0.07		0.75	0.8	0.79	0.56	0.13	0.74	-0.1	-0.55	0.66
Other Stockholder Equity	0.81	0.83	0.49	0.75	0.11	-0.13	0.81	-0.05	-0.23	0.85	-0.07	-0.23	0.84	-0.43	0.81	-0.14	0.75		0.81	0.79	0.1	0.43	0.85	-0.6	-0.16	0.79
Total Liab	0.96	0.99	0.71	0.94	0.12	-0.09	0.95	-0.3	-0.12	0.99	0.19	-0.17	0.97	-0.53	0.99	-0.07	0.8	0.81		0.58	0.24	0.67	0.98	-0.37	-0.37	0.75
Property Plant And Equipment Gross	0.74	0.61	0.47	0.7	0.64	0.43	0.41	0.52	0.32	0.66	-0.03	0.35	0.72	0.13	0.52	0.06	0.79	0.79	0.58		0.56	-0.01	0.6	-0.15	-0.53	0.54
Total Current Assets	0.47	0.26	0.36	0.49	0.91	0.67	-0.06	0.61	0.91	0.28	0.21	0.86	0.39	0.57	0.16	0.5	0.56	0.1	0.24	0.56		-0.33	0.13	0.6	-0.74	0.17
Short Term Debt	0.49	0.58	0.46	0.51	-0.41	-0.43	0.79	-0.73	-0.58	0.62	0.23	-0.58	0.5	-0.82	0.7	-0.36	0.13	0.43	0.67	-0.01	-0.33		0.71	-0.48	-0.02	0.36
Intangible Assets	0.93	0.97	0.7	0.9	0.08	-0.1	0.96	-0.29	-0.24	0.98	0.14	-0.28	0.95	-0.58	0.98	-0.16	0.74	0.85	0.98	0.6	0.13	0.71		-0.49	-0.3	0.71
Accounts Payable	-0.22	-0.4	-0.11	-0.14	0.49	0.39	-0.58	0.4	0.75	-0.38	0.11	0.76	-0.32	0.69	-0.44	0.48	-0.1	-0.6	-0.37	-0.15	0.6	-0.48	-0.49		-0.4	-0.43
Common Stock Total Equity	-0.54	-0.33	-0.64	-0.62	-0.76	-0.69	-0.13	-0.34	-0.54	-0.43	-0.45	-0.6	-0.49	-0.29	-0.28	-0.14	-0.55	-0.16	-0.37	-0.53	-0.74	-0.02	-0.3	-0.4		-0.04
Short Term Investments	0.71	0.78	0.38	0.64	0.02	-0.3	0.72	-0.14	-0.06	0.73	-0.24	-0.11	0.72	-0.41	0.77	-0.15	0.66	0.79	0.75	0.54	0.17	0.36	0.71	-0.43	-0.04

Click cells to compare fundamentals

Progress Software Account Relationship Matchups

Progress Software fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	1.4B	1.4B	1.6B	1.8B	1.9B
Short Long Term Debt Total	416.5M	591.4M	640.6M	747.1M	859.2M	902.1M
Other Current Liab	60.9M	74.5M	67.3M	80.4M	92.5M	52.1M
Total Current Liabilities	262.5M	322.9M	318.0M	352.1M	404.9M	425.2M
Total Stockholder Equity	346.0M	412.5M	394.0M	459.7M	528.7M	339.4M
Property Plant And Equipment Net	60.5M	39.6M	32.5M	33.9M	39.0M	41.5M
Net Debt	318.5M	435.9M	384.3M	620.1M	713.2M	748.8M
Retained Earnings	39.8M	57.8M	61.9M	120.9M	139.0M	164.3M
Cash	98.0M	155.4M	256.3M	127.0M	146.0M	127.8M
Non Current Assets Total	802.8M	1.0B	985.4M	1.3B	1.5B	1.5B
Non Currrent Assets Other	20.8M	10.3M	8.4M	8.3M	9.5M	8.1M
Cash And Short Term Investments	106.0M	157.4M	251.8M	127.0M	146.0M	175.5M
Net Receivables	109.0M	125.6M	127.0M	155.8M	179.2M	188.1M
Common Stock Shares Outstanding	45.3M	44.6M	44.2M	44.7M	40.2M	44.4M
Liabilities And Stockholders Equity	1.0B	1.4B	1.4B	1.6B	1.8B	1.9B
Non Current Liabilities Total	433.2M	628.1M	695.0M	791.0M	909.6M	955.1M
Other Current Assets	24.0M	39.5M	42.8M	48.0M	55.2M	60.2M
Other Stockholder Equity	32.8M	32.4M	35.2M	370.6M	426.2M	447.5M
Total Liab	695.8M	951.0M	1.0B	1.1B	1.3B	1.4B
Property Plant And Equipment Gross	29.8M	39.6M	32.5M	79.1M	91.0M	95.5M
Total Current Assets	238.9M	337.8M	421.5M	330.8M	380.4M	288.8M
Accumulated Other Comprehensive Income	(32.8M)	(32.4M)	(35.2M)	(32.2M)	(28.9M)	(30.4M)
Short Term Debt	25.3M	33.7M	13.7M	23.2M	26.7M	28.0M
Intangible Assets	212.7M	287.2M	217.4M	354.3M	407.4M	427.8M
Accounts Payable	10.0M	84.2M	76.6M	12.4M	14.2M	13.5M
Common Stock Total Equity	450K	442K	441K	433K	389.7K	370.2K
Short Term Investments	19.4M	8.0M	2.0M	256.3M	230.6M	242.2M
Common Stock	306.2M	354.7M	332.1M	438K	503.7K	478.5K
Other Assets	34.6M	68.6M	27.8M	60.1M	69.1M	72.6M
Property Plant Equipment	29.8M	29.8M	39.6M	14.9M	13.4M	12.8M
Current Deferred Revenue	166.4M	205.0M	227.7M	236.1M	271.5M	145.3M
Good Will	491.7M	671.2M	671.0M	832.1M	956.9M	1.0B
Other Liab	24.0M	42M	70.5M	68.1M	78.3M	82.2M
Long Term Debt	364.3M	534.5M	611.8M	710.9M	817.5M	858.4M
Net Tangible Assets	(201.9M)	187.1M	(545.8M)	251.0M	225.9M	237.2M
Long Term Debt Total	284.0M	364.3M	534.5M	611.8M	703.6M	738.8M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Progress Software using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether Progress Software is a strong investment it is important to analyze Progress Software's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Progress Software's future performance. For an informed investment choice regarding Progress Stock, refer to the following important reports:

How To Invest In Progress

Details

Is Progress Stock a good investment?

Details

What is Progress Software's Net Worth?

Details

Largest Software - Infrastructure Companies

View

Largest Information Technology Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.

Note that the Progress Software information on this page should be used as a complementary analysis to other Progress Software's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Progress Stock analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.

	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Equity Valuation Check real value of public entities based on technical and fundamental data

Is Progress Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progress Software. If investors know Progress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progress Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.04)

Dividend Share

0.7

Earnings Share

1.55

Revenue Per Share

16.404

Quarterly Revenue Growth

0.125

The market value of Progress Software is measured differently than its book value, which is the value of Progress that is recorded on the company's balance sheet. Investors also form their own opinion of Progress Software's value that differs from its market value or its book value, called intrinsic value, which is Progress Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progress Software's market value can be influenced by many factors that don't directly affect Progress Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Progress Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progress Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progress Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Progress Property Plant Equipment vs Short Term Investments Analysis

Property Plant Equipment vs Short Term Investments

Property Plant Equipment vs Short Term Investments Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Short Term Investments

Progress Software fundamental ratios Correlations

Progress Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Progress Software fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Progress Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total

Short Term Debt	- 0.82	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.76	Total Stockholder Equity
Common Stock Total Equity	- 0.74	Total Current Assets
Common Stock Shares Outstanding	- 0.74	Net Debt
Short Term Debt	- 0.73	Retained Earnings
Common Stock Total Equity	- 0.69	Property Plant And Equipment Net