Progress Total Liab vs Non Current Liabilities Total Analysis

PRGS Stock

USD 51.70 0.27 0.52%

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 Total Liab and its Non Current Liabilities Total 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.

Total Liab vs Non Current Liabilities Total

Total Liab vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Progress Software Total Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have totally related.

The correlation between Progress Software's Total Liab and Non Current Liabilities Total is 0.99. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Liabilities Total 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 Total Liab and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Progress Software are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Liab i.e., Progress Software's Total Liab and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Current Liabilities Total

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	0.07	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	-0.03	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	0.05	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	0.05	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	0.71	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	0.67	-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	-0.31	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	0.69	-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	0.63	-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	-0.07	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	0.03	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	0.07	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	0.68	-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	-0.18	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	0.48	-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	0.37	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	-0.08	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	-0.13	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	0.37	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		0.64	0.13	0.6	-0.74	0.17
Short Term Debt	0.07	-0.03	0.05	0.05	0.71	0.67	-0.31	0.69	0.63	-0.07	0.03	0.58	0.07	0.68	-0.18	0.48	0.37	-0.08	-0.13	0.37	0.64		-0.17	0.38	-0.33	-0.18
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	-0.17		-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	0.38	-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	-0.33	-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	-0.18	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	13.9M
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

Pair Trading with Progress Software

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Progress Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Progress Software will appreciate offsetting losses from the drop in the long position's value.

Moving together with Progress Stock

0.85	S	SentinelOne Financial Report 6th of June 2024	Pair Corr
0.77	MQ	Marqeta	Pair Corr

Moving against Progress Stock

0.84	NN	Nextnav Acquisition Corp	Pair Corr
0.63	GB	Global Blue Group	Pair Corr
0.44	VERI	Veritone	Pair Corr

The ability to find closely correlated positions to Progress Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Progress Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Progress Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Progress Software to buy it.

The correlation of Progress Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Progress Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Progress Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Progress Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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 Systems Software Companies

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Largest Software - Infrastructure Companies

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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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.

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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.

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Progress Total Liab vs Non Current Liabilities Total Analysis

Total Liab vs Non Current Liabilities Total

Total Liab vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Total Liab

Non Current Liabilities Total

Progress Software fundamental ratios Correlations

Progress Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Progress Software fundamental ratios Accounts

Pair Trading with Progress Software

Moving together with Progress Stock

Moving against Progress Stock

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

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
Common Stock Total Equity	- 0.69	Property Plant And Equipment Net
Common Stock Total Equity	- 0.64	Other Current Liab
Common Stock Total Equity	- 0.62	Total Current Liabilities