John Wiley & Sons (WLY)
Cash ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 85,882 | 83,249 | 106,714 | 100,397 | 93,795 |
| Short-term investments | US$ in thousands | — | 154 | 6,400 | 900 | — |
| Total current liabilities | US$ in thousands | 820,856 | 873,282 | 895,553 | 969,419 | 988,972 |
| Cash ratio | 0.10 | 0.10 | 0.13 | 0.10 | 0.09 |
April 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($85,882K
+ $—K)
÷ $820,856K
= 0.10
Over the period from April 30, 2021, to April 30, 2024, John Wiley & Sons demonstrated relatively stable yet modest cash ratios, illustrating a cautious liquidity posture. The cash ratio remained near the low end of the spectrum, starting at 0.09 in 2021, slightly increasing to 0.10 in 2022, then rising to 0.13 in 2023. This upward trend indicates a marginal improvement in the company's ability to cover its current liabilities with its most liquid assets—cash and cash equivalents—however, the overall level remains quite conservative. The decline back to 0.10 in 2024 suggests a slight reduction, though it still closely aligns with the prior year’s ratio, maintaining a cautious liquidity stance. The absence of data for 2025 prevents further trend analysis beyond 2024. Overall, the company's cash ratio has consistently remained below 0.2 throughout this period, reflecting a conservative liquidity position with limited cash coverage relative to current liabilities.
Peer comparison
Apr 30, 2025