The Quick ratio of Lands` End, Inc. is 0.41
Quick ratio is liquidity ratio that measures a company’s ability to use its quick assets to meet its short-term obligations immediately.
mrq (most recent quarter)
The quick ratio is the ratio between quick or liquid assets and current liabilities. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1. A company with a quick ratio of less than 1 cannot at the time fully pay its current liabilities or short-term obligations. This ratio is considered to be a much reliable tool for assessment of liquidity position of companies.
lands’ end is a premier source of apparel and gear for women, men, kids and the home – sold by catalog, online, and at over 200 lands’ end shops at sears. since 1963, we’ve earned a reputation for quality, value and exceptional customer service embodied by one simple promise: everything we sell is guaranteed. period.®