What is Legacy Reserves's quick ratio?

Legacy Reserves (LGCY) reported quick ratio of 3.4× in Q1 2026.

How has Legacy Reserves's quick ratio changed year-over-year?

Legacy Reserves's quick ratio increased by 26.9% year-over-year, from 2.6× to 3.4×.

What is the long-term trend for Legacy Reserves's quick ratio?

Over 2 years (2023 to 2025), Legacy Reserves's quick ratio has grown at a 14.7% compound annual growth rate (CAGR), from 2× to 2.7×.

What does quick ratio mean?

Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.

Legacy Reserves LGCY Quick ratio

Quick ratio at other companies

Universal Technical InstituteUTI

1.2×+0.1×

InfuSystem HoldingsINFU

1.8×0.0×

Lincoln Educational Services CorporationLINC

0.8×-0.2×

PXE

Phoenix Education Partners, Inc.PXED

2×—

Strategic Education, Inc.STRA

1.2×-0.1×

HealthStreamHSTM

1×-0.4×

Other financials

Income statement

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Revenue$21.4M+15.0%

Operating income$3.9M+7.6%

Net income$3.0M+7.5%

EPS (diluted)$0.22+4.8%

Balance sheet

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Cash & equivalents$21.7M+25.1%

Total debt$15.5M-13.3%

Total equity$49.5M+26.1%

Total assets$75.5M+12.5%

Cash flow

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Operating cash flow$764.4K-16.8%

CapEx$248.6K-22.8%

Free cash flow$515.8K-13.6%

Valuation

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Market cap$147.9M+3.8%

Enterprise value$141.69M+1.3%

P/E17.4×-1.5×

P/S1.9×-0.3×

Profitability

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Operating margin14.4%-0.6pp

Net margin10.9%-1.4pp

FCF margin6.1%—

Returns & leverage

See full

Return on equity19.1%-5.6pp

Debt / equity0.3×-0.1×

Current ratio3.4×+0.7×

Where this comes from

Calculated from Legacy Reserves’s reported figures.

quick assets/total current liabilities=3.4×

Based on the most recent quarter.

The official record: Legacy Reserves’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Legacy Reserves's quick ratio?: Legacy Reserves (LGCY) reported quick ratio of 3.4× in Q1 2026.
How has Legacy Reserves's quick ratio changed year-over-year?: Legacy Reserves's quick ratio increased by 26.9% year-over-year, from 2.6× to 3.4×.
What is the long-term trend for Legacy Reserves's quick ratio?: Over 2 years (2023 to 2025), Legacy Reserves's quick ratio has grown at a 14.7% compound annual growth rate (CAGR), from 2× to 2.7×.
What does quick ratio mean?: Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.