LEGT (Legato Merger III) Cash Ratio: 0.00 (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LEGT Legato Merger Corp III LEGT
17 GF Score
Price $9.52
! 1 Warning Sign
View Full Analysis

What is Legato Merger III Cash Ratio?

Legato Merger III LEGT 17 Cash Ratio is 0.00 as of Feb. 2026. GuruFocus rates LEGT with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 452 Diversified Financial Services companies, Legato Merger III ranks worse than 221238.72% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Legato Merger III's Cash Ratio for the quarter that ended in Feb. 2026 was 0.00.

Legato Merger III has a Cash Ratio of 0.00. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Legato Merger III's Cash Ratio or its related term are showing as below:

During the past 3 years, Legato Merger III's highest Cash Ratio was 55.86. The lowest was 46.97. And the median was 52.81.

LEGT's Cash Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.715
* Ranked among companies with meaningful Cash Ratio only.

Legato Merger III  (AMEX:LEGT) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Legato Merger III Cash Ratio Related Terms


Legato Merger III Cash Ratio Historical Data

* Premium members only.

The historical data trend for Legato Merger III's Cash Ratio 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.

Legato Merger III Cash Ratio Chart

Legato Merger III Annual Data
Trend Nov23 Nov24 Nov25
Cash Ratio
0.00 0.00 0.00

Legato Merger III Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

LEGT vs SCII, QADR, CAQ: Cash Ratio Comparison

For the Shell Companies subindustry, Legato Merger III's Cash Ratio, along with its competitors' market caps and Cash Ratio 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 Cash Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Legato Merger III's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Legato Merger III's Cash Ratio falls into.


LEGT
17GF Score
Legato Merger Corp III LEGT
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Legato Merger III Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Legato Merger III's Cash Ratio for the fiscal year that ended in Nov. 2025 is calculated as:

Legato Merger III's Cash Ratio for the quarter that ended in Feb. 2026 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.00 mean?
Legato Merger III (LEGT) has a Cash Ratio of 0.00 as of Feb. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Legato Merger III and its competitors. Over the past decade, Legato Merger III's Cash Ratio has ranged from 46.97 to 55.86. According to the industry distribution chart, Legato Merger III ranks #999999 out of 452 companies in the Diversified Financial Services industry.
Is Legato Merger III's Cash Ratio too high?
Legato Merger III's current Cash Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 46.97 to a high of 55.86. Based on the distribution chart, Legato Merger III ranks #999999 out of 452 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Legato Merger III has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Legato Merger III's Cash Ratio compare to SCII and QADR?
According to the Diversified Financial Services industry distribution chart, Legato Merger III ranks #999999 out of 452 companies for Cash Ratio. This places Legato Merger III in the lower half of its industry. The industry median Cash Ratio is 2.72. Historically, Legato Merger III's own Cash Ratio has ranged from 46.97 to 55.86 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Diversified Financial Services company?
The median Cash Ratio among Diversified Financial Services companies is 2.72, based on 452 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Legato Merger III and its competitors. For the Diversified Financial Services industry, the median Cash Ratio is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legato Merger III's current Cash Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legato Merger III stock overvalued right now?
Legato Merger III (LEGT) has a current Cash Ratio of 0.00. The current Cash Ratio is 0.00. Legato Merger III's overall GF Score™ is 17/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Legato Merger III (LEGT), the current Cash Ratio is 0.00 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Legato Merger III Business Description

Address 777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Legato Merger Corp III is a blank check company.
17GF Score

Get the complete analysis for LEGT

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.52
Price