Conduct a comprehensive analysis of the financial position of Debenham PLC focusing on liquidity and gearing. Additionally, use the financial statements of John Lewis for the corresponding years as a benchmark for comparison.

- Analyse the strengths and weaknesses of their financial positions using the current ratio and acid test ratio for liquidity assessment, and debt ratio and debt-to-capital ratio for gearing assessment.

Debenhams:

John Lewis:

Consolidated balance sheet As at 2 September 2017 Ivatt mitn Chief Financial Officer CONSOLIDATED BALANCE SHEET AS AT 27 JANUARY 2018 28 FINANCIAL IAPSHOT OF IE PARTNERSHIP. IOWING ONS AND LE FINANCED Sir Charlie Mayfield and Patrick Lewis - Directors, John Lewis Partnership plc. CONSOLIDATED INCOME STATEMENT FOR THE FINANCIAL YEAR ENDED 1 SEPTEMBER 2018 Consolidated balance sheet CONSOLIDATED BALANCE SHEET AS AT 1 SEPTEMBER 2018 - See note 2 for details. The financial statements on pages 90 to 143 were approved by the board on 25 October 2018 and were signed on its behalf by: CONSOLIDATED INCOME STATEMENT FOR THE YEAR ENDED 27 JANUARY 2018 Consolidated income statement For the financial year ended 2 September 2017 EARNINGS PER SHARE ATTRIBUTABLE TO OWNERS OF THE PARENT JOHN LEWIS Consolidated income statement for the year ended 28 January 2017 Consolidated balance sheet As at 2 September 2017 Ivatt mitn Chief Financial Officer CONSOLIDATED BALANCE SHEET AS AT 27 JANUARY 2018 28 FINANCIAL IAPSHOT OF IE PARTNERSHIP. IOWING ONS AND LE FINANCED Sir Charlie Mayfield and Patrick Lewis - Directors, John Lewis Partnership plc. CONSOLIDATED INCOME STATEMENT FOR THE FINANCIAL YEAR ENDED 1 SEPTEMBER 2018 Consolidated balance sheet CONSOLIDATED BALANCE SHEET AS AT 1 SEPTEMBER 2018 - See note 2 for details. The financial statements on pages 90 to 143 were approved by the board on 25 October 2018 and were signed on its behalf by: CONSOLIDATED INCOME STATEMENT FOR THE YEAR ENDED 27 JANUARY 2018 Consolidated income statement For the financial year ended 2 September 2017 EARNINGS PER SHARE ATTRIBUTABLE TO OWNERS OF THE PARENT JOHN LEWIS Consolidated income statement for the year ended 28 January 2017