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LEGT (Legato Merger III) Net Cash per Share : $0.00 (As of Nov. 2023)


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What is Legato Merger III Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Legato Merger III's Net Cash per Share for the quarter that ended in Nov. 2023 was $0.00.

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

LEGT's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.14
* Ranked among companies with meaningful Price-to-Net-Cash only.

Legato Merger III Net Cash per Share Historical Data

The historical data trend for Legato Merger III's Net Cash per Share 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.

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Legato Merger III Net Cash per Share Chart

Legato Merger III Annual Data
Trend
Net Cash per Share

Legato Merger III Quarterly Data
Nov23
Net Cash per Share -

Competitive Comparison of Legato Merger III's Net Cash per Share

For the Shell Companies subindustry, Legato Merger III's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Legato Merger III's Price-to-Net-Cash falls into.



Legato Merger III Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Legato Merger III's Net Cash per Share for the fiscal year that ended in . 20 is calculated as

Legato Merger III's Net Cash per Share for the quarter that ended in Nov. 2023 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.


Legato Merger III  (AMEX:LEGT) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Legato Merger III Net Cash per Share Related Terms

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Legato Merger III Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Legato Merger Corp III is a blank check company.