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

Legato Merger III Probability of Financial Distress (%) Chart

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

Thank you for viewing the detailed overview of Legato Merger III's Probability of Financial Distress (%) provided by GuruFocus.com. Please click on the following links to see related term pages.

Legato Merger III (Legato Merger III) Business Description