John Wiley & Sons (WLY)
Cash ratio
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 85,882 | 104,510 | 75,536 | 82,545 | 83,351 | 93,204 | 83,218 | 75,144 | 106,714 | 126,449 | 118,423 | 104,495 | 100,397 | 109,444 | 100,898 | 82,982 | 93,795 | 91,321 | 86,063 | 101,385 |
| Short-term investments | US$ in thousands | — | — | — | — | 154 | 2,500 | 4,800 | 7,200 | 6,400 | 500 | 1,300 | 1,300 | 900 | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 820,856 | 717,258 | 561,471 | 688,791 | 873,282 | 712,139 | 610,250 | 705,939 | 895,553 | 760,969 | 634,577 | 780,744 | 969,419 | 821,481 | 644,509 | 763,101 | 988,972 | 842,076 | 634,736 | 716,136 |
| Cash ratio | 0.10 | 0.15 | 0.13 | 0.12 | 0.10 | 0.13 | 0.14 | 0.12 | 0.13 | 0.17 | 0.19 | 0.14 | 0.10 | 0.13 | 0.16 | 0.11 | 0.09 | 0.11 | 0.14 | 0.14 |
April 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($85,882K
+ $—K)
÷ $820,856K
= 0.10
The cash ratio of John Wiley & Sons over the period from July 31, 2020, to April 30, 2025, exhibits relatively low values, consistently below 0.20. Throughout this timeframe, the ratio fluctuated within a narrow range, with initial readings at 0.14 in July and October 2020, decreasing to a low of 0.09 in April 2021. Subsequently, the ratio demonstrated modest fluctuations, reaching a peak of 0.19 in October 2022, which indicates a slight increase in the firm's liquidity position in terms of cash relative to current liabilities during that period.
The overall trend suggests stability with minor fluctuations, implying that the company's cash holdings relative to its current liabilities have remained low and relatively stable over time. This consistency may reflect a strategic approach toward liquidity management, favoring efficient utilization of cash or reliance on other liquid assets beyond cash alone. The ratio's typical range from approximately 0.09 to 0.19 indicates the company maintains sufficient cash to meet immediate short-term obligations but does not hold excessive cash reserves, aligning with typical cash management practices among firms with steady operational cash flows.
In conclusion, the cash ratio of John Wiley & Sons indicates a conservative, but stable, liquidity position. The company's cash assets are consistently a small proportion of current liabilities, and the slight upward and downward trends over the analyzed period demonstrate maintained liquidity levels appropriate for a firm operating within a stable industry context.
Peer comparison
Apr 30, 2025