Legato Merger IVLEGO.U 13 Quick 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 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. Legato Merger IV's quick ratio for the quarter that ended in Feb. 2026 was 75.66.
Legato Merger IV has a quick ratio of 75.66. It generally indicates good short-term financial strength.
The historical rank and industry rank for Legato Merger IV's Quick Ratio or its related term are showing as below:
LEGO.U'
s Quick 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 Quick Ratio was 75.66. The lowest was 1.56. And the median was 38.61.
LEGO.U's Quick 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) 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.
Legato Merger IV Quick Ratio Related Terms
Legato Merger IV Quick Ratio Historical Data
* Premium members only.
The historical data trend for Legato Merger IV'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.
Legato Merger IV Quick Ratio Chart
Legato Merger IV Annual Data
Trend
Quick Ratio
Legato Merger IV Quarterly Data
Sep25
Feb26
Quick Ratio
1.56
75.66
LEGO.U vs AACO, ILLU, LPAA: Quick Ratio Comparison
For the Shell Companies subindustry, Legato Merger IV'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.
Legato Merger IV Quick Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Legato Merger IV's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Legato Merger IV's Quick Ratio falls into.
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.
Legato Merger IV's Quick Ratio for the fiscal year that ended in . 20 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 IV (LEGO.U) has a Quick Ratio of 75.66 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Legato Merger IV and its competitors. This is 96% above median its historical median of 38.61. Over the past decade, Legato Merger IV's Quick 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 Quick Ratio too high?
Legato Merger IV's current Quick 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 Quick 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 Quick 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 Quick Ratio. This places Legato Merger IV in the top 11% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.19. Legato Merger IV's value of 75.66 is 2271.8% above this benchmark. Historically, Legato Merger IV's own Quick 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 Quick Ratio for a Diversified Financial Services company?
The median Quick 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 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. Legato Merger IV's current Quick 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 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 Legato Merger IV and its competitors. For the Diversified Financial Services industry, the median Quick 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 Quick 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 Quick Ratio of 75.66. The current Quick 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Legato Merger IV (LEGO.U), the current Quick 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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