Quick Ratio of PROGRESS SOFTWARE CORP /MA from 30 Nov 2020 to 30 Nov 2022
- Taxonomy & unit
- ratio: x
- Description
- The acid-test ratio, also called the quick ratio, is a metric used to see if a company is positioned to sell assets within 90 days to meet immediate expenses.
- Summary
-
PROGRESS SOFTWARE CORP /MA quarterly Quick Ratio in x history and change rate from 30 Nov 2020 to 30 Nov 2022.
- PROGRESS SOFTWARE CORP /MA Quick Ratio for the quarter ending 30 Nov 2022 was 1.32x, a 28% increase year-over-year.
Quick Ratio, Quarterly (x)
Quick Ratio, YoY Quarterly Change (%)
PROGRESS SOFTWARE CORP /MA Quarterly Quick Ratio (x)
| Period | Value | YoY Chg | Change % | Date |
|---|---|---|---|---|
| Q4 2022 | 1.32x | +0.29x | +28% | 30 Nov 2022 |
| Q3 2022 | 1.29x | 31 Aug 2022 | ||
| Q2 2022 | 1.24x | 31 May 2022 | ||
| Q1 2022 | 1.2x | 28 Feb 2022 | ||
| Q4 2021 | 1.04x | +0.12x | +14% | 30 Nov 2021 |
| Q4 2020 | 0.91x | 30 Nov 2020 |
* An asterisk sign (*) next to the value indicates that the value is likely invalid.