Legato Merger IVLEGO.U 13 Current Ratio is 75.66 as of Feb. 2026, which is 96% above its 10-year median of 38.61. GuruFocus rates LEGO.U with a GF Score™ of 13/100. Among 502 Diversified Financial Services companies, Legato Merger IV ranks better than 89.44% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Legato Merger IV's current ratio for the quarter that ended in Feb. 2026 was 75.66.
Legato Merger IV has a current ratio of 75.66. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Legato Merger IV's Current Ratio or its related term are showing as below:
LEGO.U'
s Current Ratio Range Over the Past 10 Years
Min: 1.56 Med: 38.61 Max: 75.66
Current: 75.66
During the past 0 years, Legato Merger IV's highest Current Ratio was 75.66. The lowest was 1.56. And the median was 38.61.
LEGO.U's Current Ratio is ranked better than 89.44% of 502
companies
in the Diversified Financial Services industry
Industry Median: 3.19
vs LEGO.U: 75.66
Legato Merger IV (AMEX:LEGO.U) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Legato Merger IV Current Ratio Related Terms
Legato Merger IV Current Ratio Historical Data
* Premium members only.
The historical data trend for Legato Merger IV's Current 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 IV Current Ratio Chart
Legato Merger IV Annual Data
Trend
Current Ratio
Legato Merger IV Quarterly Data
Sep25
Feb26
Current Ratio
1.56
75.66
LEGO.U vs AACO, ILLU, LPAA: Current Ratio Comparison
For the Shell Companies subindustry, Legato Merger IV's Current Ratio, along with its competitors' market caps and Current 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 IV Current Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Legato Merger IV's Current Ratio distribution charts can be found below:
* The bar in red indicates where Legato Merger IV's Current Ratio falls into.
* 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 IV (LEGO.U) has a Current Ratio of 75.66 as of Feb. 2026. This is 96% above median its historical median of 38.61. Over the past decade, Legato Merger IV's Current Ratio has ranged from 1.56 to 75.66. According to the industry distribution chart, Legato Merger IV ranks #53 out of 502 companies in the Diversified Financial Services industry, placing it in the top 10.6%.
Is Legato Merger IV's Current Ratio too high?
Legato Merger IV's current Current Ratio of 75.66 is 96% above median its 10-year median of 38.61. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 75.66. The Diversified Financial Services industry median Current Ratio is 3.19. Legato Merger IV's value of 75.66 is 2271.8% above this industry median. Based on the distribution chart, Legato Merger IV ranks #53 out of 502 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Legato Merger IV has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Legato Merger IV's Current Ratio compare to AACO and ILLU?
According to the Diversified Financial Services industry distribution chart, Legato Merger IV ranks #53 out of 502 companies for Current Ratio. This places Legato Merger IV in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.19. Legato Merger IV's value of 75.66 is 2271.8% above this benchmark. Historically, Legato Merger IV's own Current Ratio has ranged from 1.56 to 75.66 over the past decade. While the company's 10-year median is 38.61 vs. the industry median of 3.19, Legato Merger IV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 3.19, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Legato Merger IV's current Current Ratio of 75.66 is 2271.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Diversified Financial Services industry, the median Current Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legato Merger IV's current Current Ratio is 75.66, which is 96% above median its own 10-year median of 38.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legato Merger IV stock overvalued right now?
Legato Merger IV (LEGO.U) has a current Current Ratio of 75.66. The current Current Ratio is 75.66, which is 96% above median its 10-year median of 38.61 and 2271.8% above the Diversified Financial Services industry median of 3.19. Legato Merger IV's overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Legato Merger IV (LEGO.U), the current Current Ratio is 75.66 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.
Address777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Legato Merger Corp IV is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
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