LEGT.U (Legato Merger III) Liabilities-to-Assets : 0.03 (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.U Legato Merger Corp III LEGT.U
17 GF Score
Price $18.00
! 1 Warning Sign
View Full Analysis

What is Legato Merger III Liabilities-to-Assets?

Legato Merger III LEGT.U +0.90% 17 Liabilities-to-Assets is 0.03 as of Feb. 2026. GuruFocus rates LEGT.U with a GF Score™ of 17/100. The stock has 1 warning sign investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Legato Merger III's Total Liabilities for the quarter that ended in Feb. 2026 was $7.04 Mil. Legato Merger III's Total Assets for the quarter that ended in Feb. 2026 was $221.41 Mil. Therefore, Legato Merger III's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2026 was 0.03.

Legato Merger III  (AMEX:LEGT.U) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Legato Merger III Liabilities-to-Assets Related Terms

Legato Merger III Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Legato Merger III's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Legato Merger III Annual Data
Trend Nov23 Nov24 Nov25
Liabilities-to-Assets
0.67 0.03 0.03

Legato Merger III Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.03

LEGT.U vs SCII, QADR, CAQ: Liabilities-to-Assets Comparison

For the Shell Companies subindustry, Legato Merger III's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Legato Merger III's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Legato Merger III's Liabilities-to-Assets falls into.


LEGT.U
17GF Score
Legato Merger Corp III LEGT.U
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Legato Merger III Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

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

Liabilities-to-Assets (A: Nov. 2025 )=Total Liabilities/Total Assets
=7.044/219.812
=0.03

Legato Merger III's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2026 is calculated as

Liabilities-to-Assets (Q: Feb. 2026 )=Total Liabilities/Total Assets
=7.044/221.412
=0.03

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.03 mean?
Legato Merger III (LEGT.U) has a Liabilities-to-Assets of 0.03 as of Feb. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Legato Merger III and its competitors.
Is Legato Merger III's Liabilities-to-Assets too high?
Legato Merger III's current Liabilities-to-Assets is 0.03. 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 Liabilities-to-Assets compare to SCII and QADR?
Legato Merger III's Liabilities-to-Assets of 0.03 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Diversified Financial Services company?
A good Liabilities-to-Assets depends on the Diversified Financial Services industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Legato Merger III and its competitors. Legato Merger III's current Liabilities-to-Assets is 0.03. 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.U) has a current Liabilities-to-Assets of 0.03. The current Liabilities-to-Assets is 0.03. 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 Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Legato Merger III (LEGT.U), the current Liabilities-to-Assets is 0.03 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

Other Exchanges LEGT:USA
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.U

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

$18.00
Price