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

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LEGT Legato Merger Corp III LEGT
17 GF Score
Price $9.52
! 1 Warning Sign
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What is Legato Merger III Current Ratio?

Legato Merger III LEGT 17 Current 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 490 Diversified Financial Services companies, Legato Merger III ranks worse than 204081.43% 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 III's current ratio for the quarter that ended in Feb. 2026 was 0.00.

Legato Merger III has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Legato Merger III has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

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

During the past 3 years, Legato Merger III's highest Current Ratio was 66.22. The lowest was 1.25. And the median was 58.10.

LEGT's Current Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.145
* Ranked among companies with meaningful Current Ratio only.

Legato Merger III  (AMEX:LEGT) 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 III Current Ratio Related Terms


Legato Merger III Current Ratio Historical Data

* Premium members only.

The historical data trend for Legato Merger III'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 III Current Ratio Chart

Legato Merger III Annual Data
Trend Nov23 Nov24 Nov25
Current Ratio
1.25 0.00 0.00

Legato Merger III Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Current 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: Current Ratio Comparison

For the Shell Companies subindustry, Legato Merger III'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 III Current Ratio vs Diversified Financial Services Industry

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

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


LEGT
17GF Score
Legato Merger Corp III LEGT
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Legato Merger III Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

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

Current Ratio (A: Nov. 2025 )=Total Current Assets (A: Nov. 2025 )/Total Current Liabilities (A: Nov. 2025 )
=0.872/0
=

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

Current Ratio (Q: Feb. 2026 )=Total Current Assets (Q: Feb. 2026 )/Total Current Liabilities (Q: Feb. 2026 )
=0.519/0
=

* 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 Current Ratio →
What does a Current Ratio of 0.00 mean?
Legato Merger III (LEGT) has a Current Ratio of 0.00 as of Feb. 2026. Over the past decade, Legato Merger III's Current Ratio has ranged from 1.25 to 66.22. According to the industry distribution chart, Legato Merger III ranks #999999 out of 490 companies in the Diversified Financial Services industry.
Is Legato Merger III's Current Ratio too high?
Legato Merger III's current Current Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 66.22. Based on the distribution chart, Legato Merger III ranks #999999 out of 490 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 Current Ratio compare to SCII and QADR?
According to the Diversified Financial Services industry distribution chart, Legato Merger III ranks #999999 out of 490 companies for Current Ratio. This places Legato Merger III in the lower half of its industry. The industry median Current Ratio is 3.15. Historically, Legato Merger III's own Current Ratio has ranged from 1.25 to 66.22 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 Current Ratio for a Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 3.15, based on 490 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. 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 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legato Merger III's current Current 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 Current Ratio of 0.00. The current Current 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 Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Legato Merger III (LEGT), the current Current 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

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

$9.52
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