John Wiley & Sons (WLY)
Financial leverage 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 assets | US$ in thousands | 2,691,470 | 2,599,850 | 2,608,860 | 2,652,060 | 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 |
| Total stockholders’ equity | US$ in thousands | 752,206 | 685,244 | 755,255 | 713,673 | 739,716 | 748,306 | 867,276 | 937,206 | 1,045,030 | 1,026,900 | 1,077,810 | 1,082,330 | 1,142,270 | 1,119,520 | 1,106,660 | 1,077,900 | 1,091,290 | 1,063,800 | 1,020,210 | 973,745 |
| Financial leverage ratio | 3.58 | 3.79 | 3.45 | 3.72 | 3.68 | 3.62 | 3.20 | 3.12 | 2.97 | 3.07 | 2.90 | 2.98 | 2.94 | 3.02 | 3.02 | 3.12 | 3.16 | 3.22 | 2.96 | 3.15 |
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 demonstrates a pattern of fluctuations over the specified period from July 31, 2020, to April 30, 2025. Initially, the ratio stood at 3.15 in July 2020, followed by a decline to 2.96 in October 2020, indicating a slight reduction in leverage. Subsequently, the ratio increased to a peak of 3.22 in January 2021, suggesting a marginal rise in reliance on debt relative to equity during that time.
From early 2021 onward, the ratio generally maintained elevated levels, fluctuating within a range of approximately 2.9 to 3.2. Notably, there was a gradual decline observed until April 2022, reaching around 2.94, which signals a modest reduction in leverage. However, the ratio again trended upwards in the latter part of 2022 and into 2023, peaking at 3.20 in October 2023.
The most significant change occurs from October 2023 onward, where the ratio steadily increased, reaching 3.62 by January 2024. This upward trend continued through April 2024 at 3.68, and further to July 2024 at 3.72, with a slight decrease to 3.45 in October 2024. The ratio then rose again, reaching 3.79 in January 2025, and slightly decreased to 3.58 by April 2025.
Overall, the data indicates that John Wiley & Sons has maintained a consistently high leverage ratio, oscillating within a range of approximately 2.9 to 3.7. The most recent period reflects an increasing trend in leverage, signifying a higher dependence on debt financing relative to equity, which could suggest varying strategic or operational adjustments impacting the company’s capital structure over time.
Peer comparison
Apr 30, 2025