Legato Merger Corp. III Net Assets
Legato Merger Corp. III net assets. Based on the latest financial reports, Legato Merger Corp. III (LEGT) has net assets worth $214.37 Million USD as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($221.41 Million) and total liabilities ($7.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Legato Merger Corp. III net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $214.37 Million |
| % of Total Assets | 96.82% |
| Annual Growth Rate | 16287.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1301869.25 |
Net Assets of Legato Merger Corp. III (2023–2025)
Net assets of Legato Merger Corp. III from 2023 to 2025. This chart illustrates how Legato Merger Corp. III's net assets have evolved over time, based on quarterly financial data. See LEGT equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Legato Merger Corp. III (2023–2025)
The table below shows the annual net assets of Legato Merger Corp. III from 2023 to 2025. For live market cap and overall valuation, see market cap of Legato Merger Corp. III.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $212.77 Million | +3.86% |
| 2024-11-30 | $204.87 Million | +2603742.36% |
| 2023-11-30 | $7.87K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Legato Merger Corp. III's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 605942700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Legato Merger Corp. III Net Assets Breakdown (November 2025)
Legato Merger Corp. III net assets breakdown by equity component as of November 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $218.85 Million | 102.86% |
| Total Equity | $212.77 Million | 100.00% |
Legato Merger Corp. III Competitors by Market Cap
The table below lists competitors of Legato Merger Corp. III ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
i3system Inc
KQ:214430
|
$285.94 Million |
|
Oak Valley Bancorp
NASDAQ:OVLY
|
$286.14 Million |
|
XiAn Global Printing Co Ltd
SHE:002799
|
$286.14 Million |
|
BlackRock Municipal Income Quality Closed Fund
NYSE:BYM
|
$286.23 Million |
|
Shenke Slide Bearing Corp
SHE:002633
|
$285.79 Million |
|
Keyfield International Berhad
KLSE:5321
|
$285.68 Million |
|
Maanshan Iron & Steel Company Limited
F:YM9A
|
$285.66 Million |
|
Dah San Electric Wire & Cable Co Ltd
TW:1615
|
$285.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Legato Merger Corp. III's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 204,870,317 to 212,768,214, a change of 7,897,897 (3.9%).
- Net income of 7,897,897 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.90 Million | +3.71% |
| Total Change | $- | 3.86% |
Book Value vs Market Value Analysis
This analysis compares Legato Merger Corp. III's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 36331.61x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-11-30 | $0.00 | $11.08 | x |
| 2024-11-30 | $9.91 | $11.08 | x |
| 2025-11-30 | $10.29 | $11.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Legato Merger Corp. III utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (3.71%) is above the historical average (-893.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -2689.17% | 0.00% | 0.00x | 3.00x | $-212.37K |
| 2024 | 4.01% | 0.00% | 0.00x | 1.03x | $-12.27 Million |
| 2025 | 3.71% | 0.00% | 0.00x | 1.03x | $-13.38 Million |
Industry Comparison
This section compares Legato Merger Corp. III's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $187,262,630
- Average return on equity (ROE) among peers: -2.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Legato Merger Corp. III (LEGT) | $214.37 Million | -2689.17% | 0.03x | $285.86 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $234.83 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $269.37 Million |
| Armada Acquisition Corp. II Class A Ordinary Shares (AACI) | $16.83 Million | -1.90% | 0.51x | $257.52 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $236.95 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.97 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $813.70 Million | -27.34% | 2.19x | $312.83K |
| Altenergy Acquisition Corp (AEAE) | $-12.44 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $238.81 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $373.45 Million |
About Legato Merger Corp. III
Legato Merger Corp. III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other related business combination with one or more target businesses or entities. The company was incorporated in 2023 and is based in New York, New York.