John Wiley & Sons (WLY)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 439,884 | 394,764 | 370,313 | 392,830 | 454,042 | 384,002 | 425,569 | 477,778 | 541,279 | 531,166 | 482,994 | 500,770 | 550,866 | 491,570 | 500,466 | 478,689 | 526,297 | 495,710 | 477,297 | 488,003 |
| 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 |
| Current ratio | 0.54 | 0.55 | 0.66 | 0.57 | 0.52 | 0.54 | 0.70 | 0.68 | 0.60 | 0.70 | 0.76 | 0.64 | 0.57 | 0.60 | 0.78 | 0.63 | 0.53 | 0.59 | 0.75 | 0.68 |
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 exhibited variability over the analyzed period from July 31, 2020, to April 30, 2025. Initially, as of July 31, 2020, the ratio was relatively low at 0.68, indicating that current assets were insufficient to cover current liabilities by a significant margin. Throughout the subsequent quarters, the ratio displayed fluctuations, reaching a peak of approximately 0.78 on October 31, 2021, suggesting an improved liquidity position during that period.
However, post-2021, the ratio demonstrated a declining trend, with intermittent recoveries. For most of 2022, the ratio hovered around 0.57 to 0.76, reflecting a modest liquidity position, but not indicative of a comfortable cushion. The ratio on October 31, 2022, was 0.76, indicating some improvement, but it later decreased again to about 0.70 in January 2023 and further to approximately 0.54 in January 2024, signaling a decline in liquidity.
In the most recent quarters, the ratio has recovered slightly, reaching 0.66 on October 31, 2024, and remaining relatively stable around the low 0.50s to mid-0.50s in early 2025. Throughout the period, the current ratio consistently remains below 1.0, indicating that the company's current assets generally do not fully cover its current liabilities, which could imply a persistently tight liquidity position.
Overall, the trend suggests that John Wiley & Sons has experienced fluctuations in liquidity, with periods of modest improvement interspersed with declines. The sustained low levels of the current ratio question the company's short-term liquidity cushion and imply potential challenges in meeting short-term obligations without additional liquidity sources or asset management strategies.
Peer comparison
Apr 30, 2025