Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
No data available
To view the full list of supported financial metrics please see Complete Metrics Listing.
No data available
A ratio used to assess a company's short-term liquidity.
Quick Ratio or acid-test or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick Ratio is defined as:
(Cash & ST Investments
(+) Accounts Receivable)
(/) Current Liabilities
(=) Quick Ratio
Quick Ratio for Lovesac is calculated as follows:
(Cash & ST Investments [ NA ]
(+) Accounts Receivable [ NA ]
(/) Current Liabilities [ NA ]
(=) Quick Ratio [ 0.6x ]
The tables below summarizes the trend in Lovesac’s quick ratio over the last five years:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2020-02-02 | NA | NA | NA | 1.7x |
| 2021-01-31 | NA | NA | NA | 1.5x |
| 2022-01-30 | NA | NA | NA | 0.9x |
| 2023-01-29 | NA | NA | NA | 0.6x |
| 2024-02-04 | NA | NA | NA | 0.9x |
The tables below summarizes the trend in Lovesac’s quick ratio over the last four quarters:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2024-02-04 | NA | NA | NA | 0.9x |
| 2024-05-05 | NA | NA | NA | 0.8x |
| 2024-08-04 | NA | NA | NA | 0.8x |
| 2024-11-03 | NA | NA | NA | 0.6x |
Read more on Wikipedia: Quick Ratio
No data available