John Wiley & Sons (WLY)
Current ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 439,884 | 454,042 | 541,279 | 550,866 | 526,297 |
| Total current liabilities | US$ in thousands | 820,856 | 873,282 | 895,553 | 969,419 | 988,972 |
| Current ratio | 0.54 | 0.52 | 0.60 | 0.57 | 0.53 |
April 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $439,884K ÷ $820,856K
= 0.54
The current ratio of John Wiley & Sons has demonstrated marginal fluctuations over the observed period from April 30, 2021, to April 30, 2024. Specifically, the current ratio increased slightly from 0.53 in 2021 to 0.57 in 2022, indicating a modest improvement in the company’s ability to meet short-term liabilities with its short-term assets. This upward trend continued into 2023, reaching 0.60, which suggests a continued, albeit gradual, strengthening of liquidity position.
However, the ratio experienced a decline in 2024, falling back to 0.52, which is marginally below the level recorded in 2021. Despite this decrease, the current ratio remains below the generally accepted benchmark of 1.0, indicating that the company's current assets have not historically been sufficient to cover its current liabilities during this period. The ratio trends suggest that the company's liquidity position has been relatively weak and under constant pressure, with only slight improvements in 2022 and 2023 that were insufficient to reach a more comfortable level of liquidity.
The absence of data for April 30, 2025, prevents a forward-looking assessment of current liquidity trends. Overall, the historical data reflects a consistent pattern of low liquidity ratios, highlighting potential challenges faced by the company in managing its short-term obligations effectively.
Peer comparison
Apr 30, 2025