LEGH (Legacy Housing) Quick Ratio: 2.69 (As of Jun. 2026) — 110% Above Median

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LEGH Legacy Housing Corp LEGH
75 GF Score
Price $29.34
GF Value $25.33
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Legacy Housing Quick Ratio?

Legacy Housing LEGH +0.79% 75 Quick Ratio is 2.69 as of Jun. 2026, which is 110% above its 10-year median of 1.28. GuruFocus rates LEGH with a GF Score™ of 75/100 and a GF Value™ of $25.33 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 94 Homebuilding & Construction companies, Legacy Housing ranks better than 88.3% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Legacy Housing's quick ratio for the quarter that ended in Jun. 2026 was 2.69.

Legacy Housing has a quick ratio of 2.69. It generally indicates good short-term financial strength.

The historical rank and industry rank for Legacy Housing's Quick Ratio or its related term are showing as below:

LEGH' s Quick Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.28   Max: 4.42
Current: 2.69

During the past 10 years, Legacy Housing's highest Quick Ratio was 4.42. The lowest was 0.50. And the median was 1.28.

LEGH's Quick Ratio is ranked better than
88.3% of 94 companies
in the Homebuilding & Construction industry
Industry Median: 0.76 vs LEGH: 2.69

Legacy Housing  (NAS:LEGH) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Legacy Housing Quick Ratio Related Terms


Legacy Housing Quick Ratio Historical Data

* Premium members only.

The historical data trend for Legacy Housing's Quick 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.

Legacy Housing Quick Ratio Chart

Legacy Housing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.81 2.00 2.65 2.66

Legacy Housing Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.65 4.42 2.66 2.55 2.69

LEGH vs HOV, BZH, VNJA: Quick Ratio Comparison

For the Residential Construction subindustry, Legacy Housing's Quick Ratio, along with its competitors' market caps and Quick 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.


Legacy Housing Quick Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Legacy Housing's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Legacy Housing's Quick Ratio falls into.


LEGH
75GF Score
Legacy Housing Corp LEGH
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Legacy Housing Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Legacy Housing's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(164.656-39.853)/46.858
=2.66

Legacy Housing's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(181.244-43.941)/50.964
=2.69

* 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 Quick Ratio →
What does a Quick Ratio of 2.69 mean?
Legacy Housing (LEGH) has a Quick Ratio of 2.69 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Legacy Housing and its competitors. This is 110% above median its historical median of 1.28. Over the past decade, Legacy Housing's Quick Ratio has ranged from 0.50 to 4.42. According to the industry distribution chart, Legacy Housing ranks #11 out of 94 companies in the Homebuilding & Construction industry, placing it in the top 11.7%.
Is Legacy Housing's Quick Ratio too high?
Legacy Housing's current Quick Ratio of 2.69 is 110% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 4.42. The Homebuilding & Construction industry median Quick Ratio is 0.76. Legacy Housing's value of 2.69 is 253.9% above this industry median. Based on the distribution chart, Legacy Housing ranks #11 out of 94 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Legacy Housing has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Legacy Housing's Quick Ratio compare to HOV and BZH?
According to the Homebuilding & Construction industry distribution chart, Legacy Housing ranks #11 out of 94 companies for Quick Ratio. This places Legacy Housing in the top 12% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.76. Legacy Housing's value of 2.69 is 253.9% above this benchmark. Historically, Legacy Housing's own Quick Ratio has ranged from 0.50 to 4.42 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.76, Legacy Housing 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 Quick Ratio for a Homebuilding & Construction company?
The median Quick Ratio among Homebuilding & Construction companies is 0.76, based on 94 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Legacy Housing's current Quick Ratio of 2.69 is 253.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Legacy Housing and its competitors. For the Homebuilding & Construction industry, the median Quick Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Housing's current Quick Ratio is 2.69, which is 110% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Housing stock overvalued right now?
Based on GuruFocus' analysis, Legacy Housing (LEGH) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.33, compared to a current price of $29.34 — trading 15.8% above its estimated fair value. The current Quick Ratio is 2.69, which is 110% above median its 10-year median of 1.28 and 253.9% above the Homebuilding & Construction industry median of 0.76. Legacy Housing's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Legacy Housing (LEGH), the current Quick Ratio is 2.69 as of Jun. 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.

Is Legacy Housing (LEGH) Overvalued in 2026?

Based on GuruFocus' analysis, Legacy Housing stock appears to be overvalued. The current stock price of $29.34 is trading 15.8% above its estimated GF Value™ of $25.33. GuruFocus considers Legacy Housing to be Modestly Overvalued.

Key valuation signals for LEGH:

  • Quick Ratio: 2.69 (110% above median its 10-year median of 1.28)
  • GF Value™: $25.33 vs. price of $29.34 (15.8% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 253.9% above the Homebuilding & Construction median (#11 of 94)

No single metric tells the full story. See the LEGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Legacy Housing Business Description

Address 1600 Airport Freeway, Suite 100, Bedford, TX, USA, 76022
Legacy Housing Corp builds, sells, and finances manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores, and are also sold directly to manufactured home communities. The Company manufactures and provides for the transport of manufactured homes, provides wholesale financing to dealers and mobile home parks, provides retail financing to consumers, and is involved in financing and developing new manufactured home communities. The Company manufactures its mobile homes at plants in Fort Worth, Texas; Commerce, Texas; and Eatonton, Georgia. The Company also sells homes directly to consumers, through its own retail stores, and to dealers and mobile home parks.
75GF Score

Get the complete analysis for LEGH

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

$29.34
Price
$25.33
GF Value