John Wiley & Sons (WLY)
Financial leverage ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,691,470 | 2,725,500 | 3,108,810 | 3,361,700 | 3,446,440 |
| Total stockholders’ equity | US$ in thousands | 752,206 | 739,716 | 1,045,030 | 1,142,270 | 1,091,290 |
| Financial leverage ratio | 3.58 | 3.68 | 2.97 | 2.94 | 3.16 |
April 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,691,470K ÷ $752,206K
= 3.58
The financial leverage ratio of John Wiley & Sons exhibited fluctuations over the period from April 30, 2021, to April 30, 2025. As of April 30, 2021, the ratio stood at 3.16, indicating a relatively high degree of leverage at that time. By April 30, 2022, the ratio decreased to 2.94, suggesting a slight reduction in leverage, possibly reflecting a decrease in debt levels or an increase in equity relative to debt. The ratio then remained relatively stable in the subsequent year, recorded at 2.97 on April 30, 2023, indicating ongoing stability in the company's capital structure with minimal change in leverage.
In the following year, the financial leverage ratio experienced an increase to 3.68 as of April 30, 2024. This upward movement indicates a rise in leverage, which could result from increased debt levels, a decrease in equity, or a combination of both. The ratio for April 30, 2025, has not been provided, marked by a dash, suggesting either the data was not available or the analysis was not conducted for that date.
Overall, the trend demonstrates a period of relative stability in leverage ratios between 2021 and 2023, followed by a notable increase in 2024. The shifts in leverage ratios could reflect changes in the company's financing strategy, operational needs, or market conditions influencing debt and equity levels. The observed fluctuations underscore the importance of monitoring leverage to assess the company's financial risk and capital structure stability over time.
Peer comparison
Apr 30, 2025