CSIMarket
 



Progress Software Corp  (PRGS)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology



Progress Software's Debt Coverage ratios

PRGS's Debt and Ebitda growth


PRGS Debt Coverage (Nov 30 2023)
IV. Quarter
(Aug 31 2023)
III. Quarter
(Feb 28 2023)
I. Quarter
(Nov 30 2022)
IV. Quarter
(Aug 31 2022)
III. Quarter
Y / Y Total Debt Change 17.14 % 21.95 % 26.75 % 30.73 % 10.31 %
Y / Y Ebitda Change -53.2 % -25.33 % 21 % 31.07 % -33.93 %
Debt Coverage (TTM) 0.15 0.18 0.21 0.21 0.21
Total Ranking # 89 # 36 # 0 # 0 # 0
Seq. Total Debt Change -4.11 % -3.94 % -3.2 % 31.38 % -0.17 %
Seq. Ebitda Change -50.33 % -16.92 % 14.96 % -1.34 % -20.76 %





Debt Coverage Ratio fourth quarter of 2023 Comment
Company's debt coverage ratio sequentially decreased in the fourth quarter of 2023 to 0.15 a new company low in the Q4 2023. Due to new borrowings in the Q4 2023.

Within Technology sector 11 other companies have achieved higher debt coverage ratio during the fourth quarter of 2023. While debt coverage ratio total ranking has deteriorated compared to the third quarter 2023 from 36 to 89.
Debt Coverage Company Ranking
Within: No.
Industry # 3
Sector # 12
S&P 500 # 89


Debt Coverage Ratio Statistics
High Average Low
24.57 2.7 0.15
(March 31, 2015)   (Aug 31 2017)



Financial Statements
Progress Software's Total Debt $ 724 Millions Visit PRGS's Balance sheet
Progress Software's Ebitda $ 16 Millions Visit PRGS's Income Statement
Where are PRGS's Sales coming from? Visit PRGS's Sales by Geography




Companies with similar Debt Coverage Nov 30 2023, within Technology Sector Debt Coverage
Dropbox Inc   0.42 
Caci International Inc  0.41 
Hp inc   0.41 
Roper Technologies Inc   0.40 
Nxp Semiconductors N v   0.40 
Marvell Technology Inc  0.39 
Danaher Corporation  0.37 
Digi International Inc   0.37 
Applovin Corporation  0.37 
Hewlett Packard Enterprise Company  0.36 
Pegasystems Inc   0.36 
Belden Inc   0.36 
Outbrain Inc   0.34 
Juniper Networks Inc   0.34 
Vertiv Holdings Co  0.33 
Advanced Energy Industries Inc  0.32 
Broadcom Inc   0.32 
Thermo Fisher Scientific Inc   0.32 
Trimas Corporation  0.31 
Ciena Corp  0.31 
Netsol Technologies Inc   0.31 
N able Inc   0.29 
Mobix Labs Inc   0.29 
Parkervision Inc  0.29 
Science Applications International Corporation  0.29 
Iridium Communications Inc   0.28 
Match Group Inc   0.28 
Gen Digital Inc   0.28 
Macom Technology Solutions Holdings Inc   0.27 
Creative Realities Inc   0.27 
Date modified: 2024-01-29T15:06:40+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com