Legacy EducationLGCY +0.77%48 Quick Ratio is 3.20 as of Mar. 2026, which is 37% above its 10-year median of 2.33. GuruFocus rates LGCY with a GF Score™ of 48/100. The stock has 3 warning signs investors should review. Among 262 Education companies, Legacy Education ranks better than 80.92% on this metric.
Legacy Education has a quick ratio of 3.20. It generally indicates good short-term financial strength.
The historical rank and industry rank for Legacy Education's Quick Ratio or its related term are showing as below:
LGCY'
s Quick Ratio Range Over the Past 10 Years
Min: 1.18 Med: 2.33 Max: 3.2
Current: 3.2
During the past 7 years, Legacy Education's highest Quick Ratio was 3.20. The lowest was 1.18. And the median was 2.33.
LGCY's Quick Ratio is ranked better than 80.92% of 262
companies
in the Education industry
Industry Median: 1.42
vs LGCY: 3.20
Legacy Education (AMEX:LGCY) 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 Education Quick Ratio Related Terms
Legacy Education Quick Ratio Historical Data
* Premium members only.
The historical data trend for Legacy Education'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.
For the Education & Training Services subindustry, Legacy Education'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 Education Quick Ratio vs Education Industry
For the Education industry and Consumer Defensive sector, Legacy Education's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Legacy Education'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.
Legacy Education's Quick Ratio for the fiscal year that ended in Jun. 2025 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.
Legacy Education (LGCY) has a Quick Ratio of 3.20 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Legacy Education and its competitors. This is 37% above median its historical median of 2.33. Over the past decade, Legacy Education's Quick Ratio has ranged from 1.18 to 3.20. According to the industry distribution chart, Legacy Education ranks #50 out of 262 companies in the Education industry, placing it in the top 19.1%.
Is Legacy Education's Quick Ratio too high?
Legacy Education's current Quick Ratio of 3.20 is 37% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 3.20. The Education industry median Quick Ratio is 1.42. Legacy Education's value of 3.20 is 125.4% above this industry median. Based on the distribution chart, Legacy Education ranks #50 out of 262 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Legacy Education has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Legacy Education's Quick Ratio compare to CHGG and COE?
According to the Education industry distribution chart, Legacy Education ranks #50 out of 262 companies for Quick Ratio. This places Legacy Education in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.42. Legacy Education's value of 3.20 is 125.4% above this benchmark. Historically, Legacy Education's own Quick Ratio has ranged from 1.18 to 3.20 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 1.42, Legacy Education 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 an Education company?
The median Quick Ratio among Education companies is 1.42, based on 262 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 Education's current Quick Ratio of 3.20 is 125.4% 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 Education and its competitors. For the Education industry, the median Quick Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Education's current Quick Ratio is 3.20, which is 37% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Education stock overvalued right now?
Legacy Education (LGCY) has a current Quick Ratio of 3.20. The current Quick Ratio is 3.20, which is 37% above median its 10-year median of 2.33 and 125.4% above the Education industry median of 1.42. Legacy Education's overall GF Score™ is 48/100 with 3 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 Education (LGCY), the current Quick Ratio is 3.20 as of Mar. 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.
Legacy Education Inc is engaged in career-focused, post-secondary education services to students at all stages of adult life, from recent high school graduates to working parents.
48GF Score
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