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LEGT (Legato Merger III) Probability of Financial Distress (%)


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What is Legato Merger III Probability of Financial Distress (%)?

Legato Merger III does not have enough data to calculate Probability of Financial Distress (%).


Legato Merger III Probability of Financial Distress (%) Historical Data

The historical data trend for Legato Merger III's Probability of Financial Distress (%) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Legato Merger III Probability of Financial Distress (%) Chart

Legato Merger III Annual Data
Trend
Probability of Financial Distress (%)

Legato Merger III Quarterly Data
Nov23
Probability of Financial Distress (%) -

Competitive Comparison of Legato Merger III's Probability of Financial Distress (%)

For the Shell Companies subindustry, Legato Merger III's Probability of Financial Distress (%), along with its competitors' market caps and Probability of Financial Distress (%) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Legato Merger III's Probability of Financial Distress (%) Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Legato Merger III's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Legato Merger III's Probability of Financial Distress (%) falls into.



Legato Merger III  (AMEX:LEGT) Probability of Financial Distress (%) Explanation

Like the Altman Z-Score, the PFD measures a company's bankruptcy risk in the upcoming year. However, the main drawback of the Z-score is it does not apply to banks and insurance companies. According to Investopedia, the concept of "working capital" does not apply to banks and insurance companies, as financial institutions do not have typical current assets or current liabilities like inventories or accounts payable.


Legato Merger III Probability of Financial Distress (%) Related Terms

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Legato Merger III Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Legato Merger Corp III is a blank check company.