John Wiley & Sons (WLY)
Debt-to-assets ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 767,096 | 900,524 | 937,624 | 890,917 | 743,292 | 940,576 | 978,683 | 917,236 | 768,277 | 902,045 | 1,032,500 | 952,020 | 809,088 | 948,241 | 825,243 | 835,763 | 765,650 | 789,600 | 788,360 | 724,291 |
| 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 |
| Debt-to-assets ratio | 0.28 | 0.33 | 0.34 | 0.30 | 0.24 | 0.30 | 0.31 | 0.28 | 0.23 | 0.27 | 0.31 | 0.28 | 0.23 | 0.28 | 0.27 | 0.27 | 0.24 | 0.24 | 0.26 | 0.23 |
April 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $767,096K ÷ $2,725,500K
= 0.28
The debt-to-assets ratio of John Wiley & Sons has shown some fluctuations over the last few years. The ratio has ranged from 0.23 to 0.34 during the period between October 2019 and April 2024. The ratio was at its lowest point in April 2021 and April 2022, both at 0.23, indicating that the company had lower levels of debt relative to its total assets during these periods.
However, there were also times when the debt-to-assets ratio was relatively higher, such as in October 2023 when it reached 0.34. This suggests that the company had a higher proportion of debt compared to its total assets during that period.
Overall, the trend in the debt-to-assets ratio for John Wiley & Sons indicates that the company has been managing its debt levels reasonably well, with some fluctuations observed over the years. It is important to monitor this ratio along with other financial indicators to assess the company's overall financial health and leverage positions.
Peer comparison
Apr 30, 2024