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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 10 / 2703 | 
                
    
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At the end of 2005 Penney's had a long-term debt to assets
ratio of .28 when compared to Nordstrom at .13. There was less of a variance between
the companies at the end of 2004, but Penney's still exceeded Nordstrom at .25 versus
.20. Penney's also had lower interest coverage in 2005 at 8.8 times when compared to
Nordstrom's 19...
        
        
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There was less of a variance between
the companies at the end of 2004, but Penney's still exceeded Nordstrom at .25 versus
.20. Penney's also had lower interest coverage in 2005 at 8.8 times when compared to
Nordstrom's 19.7 times. 2004 was similar with Penney's showing a lower interest
coverage ratio of 3...
        
        
            Essay fragment
        
    
                
            General points of the essay
            
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