John Wiley & Sons (WLY)
Current ratio
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 454,042 | 541,279 | 550,866 | 526,297 | 614,927 |
| Total current liabilities | US$ in thousands | 873,282 | 895,553 | 969,419 | 988,972 | 927,269 |
| Current ratio | 0.52 | 0.60 | 0.57 | 0.53 | 0.66 |
April 30, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $454,042K ÷ $873,282K
= 0.52
The current ratio of John Wiley & Sons has fluctuated over the past five years. In 2024, the current ratio stands at 0.52, indicating that the company has $0.52 in current assets for every $1 in current liabilities. This ratio has decreased compared to the prior year, where it was 0.60. The declining trend suggests that the company may have more short-term obligations relative to its current assets. However, it is essential to consider additional factors such as the composition of current assets and liabilities and industry norms to gain a comprehensive understanding of John Wiley & Sons' liquidity position.
Peer comparison
Apr 30, 2024