John Wiley & Sons (WLY)
Return on assets (ROA)
| 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 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -200,319 | -157,240 | -114,834 | -57,196 | 17,233 | -7,965 | 98,870 | 116,644 | 148,309 | 146,563 | 133,358 | 145,823 | 148,327 | -51,073 | -37,834 | -61,566 | -74,300 | 147,000 | 146,500 | 145,600 |
| Total assets | US$ in thousands | 2,725,500 | 2,707,290 | 2,779,040 | 2,925,960 | 3,108,810 | 3,150,260 | 3,128,370 | 3,229,310 | 3,361,700 | 3,377,980 | 3,346,030 | 3,362,800 | 3,446,440 | 3,426,360 | 3,020,400 | 3,068,950 | 3,168,790 | 3,324,580 | 3,082,770 | 3,120,070 |
| ROA | -7.35% | -5.81% | -4.13% | -1.95% | 0.55% | -0.25% | 3.16% | 3.61% | 4.41% | 4.34% | 3.99% | 4.34% | 4.30% | -1.49% | -1.25% | -2.01% | -2.34% | 4.42% | 4.75% | 4.67% |
April 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-200,319K ÷ $2,725,500K
= -7.35%
John Wiley & Sons' return on assets (ROA) has varied significantly over the past several quarters. The ROA has been negative in recent quarters, indicating the company's assets may not have been efficiently utilized to generate profits. The declining trend in ROA from the positive territory in prior periods to negative figures in the most recent quarters suggests a potential decline in the company's profitability and/or asset efficiency.
It is worth noting that the company achieved its highest ROA of 4.75% in the quarter ended July 31, 2019, but since then, there has been a notable decrease in ROA, with the most recent reported ROA at -7.35% for the quarter ended April 30, 2024.
This declining trend in ROA may raise concerns about the company's operational performance and its ability to generate profits relative to its asset base. Further investigation into the company's financial strategies and operational efficiency may be warranted to address the downward trend in ROA and work towards improving overall profitability.
Peer comparison
Apr 30, 2024