Progress Software Corp swings to first-quarter loss on a YOY basis
Source: IRIS | 30 Mar, 2017, 10.51AM
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Rating: NAN / 5 stars. |
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Debt comes down Progress Software Corporation has recorded a decline in total debt over the last one year. It stood at $130.27 million as on Feb. 28, 2017, down 7.36 percent or $10.36 million from $140.62 million on Feb. 29, 2016. Total debt was 17.58 percent of total assets as on Feb. 28, 2017, compared with 16.04 percent on Feb. 29, 2016. Debt to equity ratio was at 0.34 as on Feb. 28, 2017, up from 0.27 as on Feb. 29, 2016.
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