Progress Software (FRA:PGR) Deferred Tax : €-23.6 Mil (TTM As of Feb. 2024)

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What is Progress Software Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Progress Software's change in deferred tax for the three months ended in Feb. 2024 was €-3.1 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Feb. 2024 was €-23.6 Mil.

Progress Software Deferred Tax Historical Data

The historical data trend for Progress Software's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Progress Software Deferred Tax Chart

Progress Software Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Deferred Tax

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-13.46

-2.22

-0.80

-7.46

-26.46

Progress Software Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Deferred Tax	Get a 7-Day Free Trial															-5.91	-4.34	-6.86	-9.35	-3.05

Progress Software Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-23.6 Mil.

Progress Software Deferred Tax Related Terms

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Progress Software (FRA:PGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Progress Software Corp (FRA:PGR) » Definitions » Deferred Tax

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Traded in Other Exchanges

PRGS:USA

Address

15 Wayside Road, Suite 400, Burlington, MA, USA, 01803

Website

https://www.progress.com

Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and also has a presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.