Progress Retained Earnings vs Common Stock Analysis

PRGS Stock

USD 69.89 0.64 0.92%

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 Retained Earnings and its Common Stock 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 closely tied 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.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Progress Software Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Progress Software's Retained Earnings and Common Stock is -0.01. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock 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 Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Progress Software are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Progress Software's Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock

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 closely tied 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	81.7M	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	-0.19	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	0.88	0.9	0.96	0.74	0.47	0.39	0.93	-0.43	-0.54	0.71
Short Long Term Debt Total	0.96		-0.34	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	0.97	0.99	0.61	0.26	0.31	0.97	-0.64	-0.33	0.78
Other Current Liab	-0.19	-0.34		-0.12	0.2	0.49	-0.33	0.28	0.08	-0.22	0.39	0.25	-0.19	0.28	-0.34	-0.22	-0.2	-0.41	-0.29	0.05	0.01	-0.08	-0.28	0.53	-0.48	-0.48
Total Current Liabilities	0.98	0.92	-0.12		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	0.86	0.94	0.7	0.49	0.35	0.9	-0.35	-0.62	0.64
Total Stockholder Equity	0.38	0.15	0.2	0.39		0.81	-0.16	0.77	0.81	0.21	0.22	0.8	0.3	0.62	0.04	0.37	0.45	0.04	0.12	0.64	0.91	0.67	0.08	0.49	-0.76	0.02
Property Plant And Equipment Net	0.15	-0.08	0.49	0.18	0.81		-0.32	0.73	0.68	0.0	0.35	0.72	0.1	0.69	-0.17	0.32	0.19	-0.09	-0.09	0.43	0.67	0.62	-0.1	0.49	-0.69	-0.3
Net Debt	0.84	0.94	-0.33	0.8	-0.16	-0.32		-0.51	-0.42	0.93	0.12	-0.47	0.87	-0.74	0.97	-0.24	0.66	0.94	0.95	0.41	-0.06	0.02	0.96	-0.79	-0.13	0.72
Retained Earnings	-0.04	-0.24	0.28	-0.08	0.77	0.73	-0.51		0.73	-0.19	-0.1	0.77	-0.1	0.79	-0.36	0.24	0.11	-0.33	-0.3	0.52	0.61	0.6	-0.29	0.62	-0.34	-0.14
Cash	0.11	-0.1	0.08	0.13	0.81	0.68	-0.42	0.73		-0.09	0.13	0.97	0.02	0.76	-0.2	0.53	0.22	-0.2	-0.12	0.32	0.91	0.53	-0.24	0.61	-0.54	-0.06
Non Current Assets Total	0.98	0.98	-0.22	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	0.94	0.99	0.66	0.28	0.27	0.98	-0.57	-0.43	0.73
Non Currrent Assets Other	0.22	0.14	0.39	0.29	0.22	0.35	0.12	-0.1	0.13	0.2		0.11	0.21	0.04	0.16	0.28	0.05	0.12	0.19	-0.03	0.21	0.03	0.14	0.13	-0.45	-0.24
Cash And Short Term Investments	0.07	-0.16	0.25	0.1	0.8	0.72	-0.47	0.77	0.97	-0.13	0.11		-0.02	0.79	-0.25	0.43	0.18	-0.27	-0.17	0.35	0.86	0.48	-0.28	0.69	-0.6	-0.11
Net Receivables	0.99	0.98	-0.19	0.97	0.3	0.1	0.87	-0.1	0.02	0.99	0.21	-0.02		-0.37	0.95	-0.01	0.88	0.93	0.97	0.72	0.39	0.4	0.95	-0.5	-0.49	0.72
Common Stock Shares Outstanding	-0.31	-0.5	0.28	-0.26	0.62	0.69	-0.74	0.79	0.76	-0.47	0.04	0.79	-0.37		-0.6	0.61	-0.13	-0.56	-0.53	0.13	0.57	0.49	-0.58	0.84	-0.29	-0.41
Non Current Liabilities Total	0.93	0.99	-0.34	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	0.96	0.99	0.52	0.16	0.16	0.98	-0.69	-0.28	0.77
Inventory	0.03	-0.06	-0.22	0.11	0.37	0.32	-0.24	0.24	0.53	-0.08	0.28	0.43	-0.01	0.61	-0.13		0.08	-0.08	-0.07	0.06	0.5	0.43	-0.16	0.45	-0.14	-0.15
Other Current Assets	0.88	0.85	-0.2	0.86	0.45	0.19	0.66	0.11	0.22	0.83	0.05	0.18	0.88	-0.13	0.77	0.08		0.77	0.81	0.72	0.54	0.65	0.76	-0.32	-0.54	0.57
Other Stockholder Equity	0.9	0.97	-0.41	0.86	0.04	-0.09	0.94	-0.33	-0.2	0.94	0.12	-0.27	0.93	-0.56	0.96	-0.08	0.77		0.96	0.48	0.16	0.28	0.96	-0.76	-0.24	0.7
Total Liab	0.96	0.99	-0.29	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	0.81	0.96		0.58	0.24	0.21	0.98	-0.62	-0.37	0.75
Property Plant And Equipment Gross	0.74	0.61	0.05	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	0.72	0.48	0.58		0.56	0.58	0.6	0.02	-0.53	0.54
Total Current Assets	0.47	0.26	0.01	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	0.54	0.16	0.24	0.56		0.64	0.13	0.41	-0.74	0.17
Short Term Debt	0.39	0.31	-0.08	0.35	0.67	0.62	0.02	0.6	0.53	0.27	0.03	0.48	0.4	0.49	0.16	0.43	0.65	0.28	0.21	0.58	0.64		0.18	0.11	-0.39	0.1
Intangible Assets	0.93	0.97	-0.28	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	0.76	0.96	0.98	0.6	0.13	0.18		-0.67	-0.3	0.71
Accounts Payable	-0.43	-0.64	0.53	-0.35	0.49	0.49	-0.79	0.62	0.61	-0.57	0.13	0.69	-0.5	0.84	-0.69	0.45	-0.32	-0.76	-0.62	0.02	0.41	0.11	-0.67		-0.31	-0.53
Common Stock Total Equity	-0.54	-0.33	-0.48	-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	-0.54	-0.24	-0.37	-0.53	-0.74	-0.39	-0.3	-0.31		-0.04
Short Term Investments	0.71	0.78	-0.48	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	0.57	0.7	0.75	0.54	0.17	0.1	0.71	-0.53	-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	52.0M	19.5M	17.4M	20.8M	23.9M	46.6M
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	54.8M	42.8M	48.0M	55.2M	60.7M
Other Stockholder Equity	305.8M	354.2M	331.7M	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	32.3M	41.6M	21.2M	33.3M	38.3M	40.3M
Intangible Assets	212.7M	287.2M	217.4M	354.3M	407.4M	427.8M
Accounts Payable	10.0M	9.7M	9.3M	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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional 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.

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