Legato Merger Corp. III (LEGT) - Net Assets
Based on the latest financial reports, Legato Merger Corp. III (LEGT) has net assets worth $212.77 Million USD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($219.81 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. Read Legato Merger Corp. III balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $212.77 Million |
| % of Total Assets | 96.8% |
| Annual Growth Rate | 16287.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1301869.25 |
Legato Merger Corp. III - Net Assets Trend (2023–2025)
This chart illustrates how Legato Merger Corp. III's net assets have evolved over time, based on quarterly financial data. Also explore Legato Merger Corp. III total assets for the complete picture of this company's asset base.
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 valuation and market cap data, see Legato Merger Corp. III (LEGT) market capitalisation.
| 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.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $438.66 Million | % |
| Total Equity | $-6.08 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 |
|---|---|
|
Arad Ltd
TA:ARD
|
$281.78 Million |
|
Automatic Bank Services Ltd
TA:SHVA
|
$281.79 Million |
|
Kerur Holdings Ltd
TA:KRUR
|
$281.81 Million |
|
DocMorris AG
SW:DOCM
|
$281.88 Million |
|
Qudian Inc
NYSE:QD
|
$281.53 Million |
|
Asia Polymer Corp
TW:1308
|
$281.53 Million |
|
Meeka Metals Ltd
AU:MEK
|
$281.39 Million |
|
Advanced International Multitech Co Ltd
TWO:8938
|
$281.38 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 -6,076,491, a change of -210,946,808 (-103.0%).
- Net income of 6,330,907 contributed positively to equity growth.
- Other factors decreased equity by 217,277,715.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.33 Million | +104.19% |
| Other Changes | $-217.28 Million | -3575.71% |
| Total Change | $- | -102.97% |
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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-11-30 | $0.00 | $11.07 | x |
| 2024-11-30 | $9.91 | $11.07 | x |
| 2025-11-30 | $-0.29 | $11.07 | 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-895.05%), 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 | 0.00% | 0.00% | 0.00x | 0.00x | $6.94 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: $17,406,987
- Average return on equity (ROE) among peers: 0.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Legato Merger Corp. III (LEGT) | $212.77 Million | -2689.17% | 0.03x | $281.73 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $230.18 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $265.09 Million |
| Ares Acquisition Corporation II (AACT) | $11.15K | -0.14% | 45.93x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $-435.70 Million | 0.00% | 0.00x | $409.92K |
| Altenergy Acquisition Corp (AEAE) | $227.84 Million | 5.64% | 0.04x | $72.25 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $235.74 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $72.31 Million | 3.53% | 0.02x | $163.82 Million |
| Aifeex Nexus Acquisition Corporation (AIFE) | $86.16 Million | -0.10% | 0.01x | $91.13 Million |
| AI TRANSPORTATION ACQUISITION CORP Ordinary shares (AITR) | $-4.24K | 0.00% | 0.00x | $86.22 Million |
| Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares (ALCY) | $41.25K | -0.54% | 28.48x | $49.57 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.