LIGAND PHARMACEUTICALS INCORPORATED (LGND) Current Ratio
- Current ratio · latest quarter: Value 31.18×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 31.18× | Current assets / current liabilities. $1.46B ÷ $46.74M ≈ 31.18× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 1.46B USD | Assets, Current |
| Current obligations | 46.74M USD | Liabilities, Current |
| Cash and equivalents | 1.01B USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | 67.01M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | 10.26M USD | Inventory, Net |
| Payables | 9.40M USD | Accounts Payable, Current |
| Borrowing debt due within one year | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $1.46B | $46.74M | $1.01B | (m) | $67.01M | $10.26M | $9.40M | (m) | 31.18× |
| 2026-03-31 | $865.41M | $40.67M | $115.08M | (m) | $53.38M | $13.27M | $5.26M | (m) | 21.28× |
| 2025-12-31 | $832.27M | $37.45M | $174.93M | (m) | $59.60M | $9.13M | $3.24M | (m) | 22.23× |
| 2025-09-30 | $753.92M | $30.54M | $139.38M | (m) | $57.56M | $11.90M | $3.68M | (m) | 24.69× |
| 2025-06-30 | $352.94M | $64.73M | $67.67M | (m) | $41.29M | $15.49M | $8.58M | (m) | 5.45× |
| 2025-03-31 | $309.32M | $58.68M | $47.99M | (m) | $38.49M | $14.61M | $5.37M | (m) | 5.27× |
| 2024-12-31 | $331.56M | $37.11M | $72.31M | (m) | $38.38M | $14.11M | $5.23M | (m) | 8.93× |
| 2024-09-30 | $309.39M | $24.77M | $63.62M | (m) | $34.32M | $16.74M | $4.69M | (m) | 12.49× |
| 2024-06-30 | $312.26M | $18.57M | $18.14M | (m) | $37.48M | $18.67M | $1.79M | (m) | 16.82× |
| 2024-03-31 | $368.91M | $17.82M | $50.09M | (m) | $28.43M | $21.34M | $1.89M | (m) | 20.70× |
| 2023-12-31 | $237.43M | $16.78M | $22.95M | (m) | $32.92M | $23.97M | $2.43M | (m) | 14.15× |
| 2023-09-30 | $253.99M | $15.73M | $19.27M | (m) | $36.00M | $25.39M | $2.48M | (m) | 16.15× |
| 2023-06-30 | $276.71M | $29.39M | $28.45M | (m) | $27.99M | $26.91M | $9.58M | (m) | 9.42× |
| 2023-03-31 | $328.19M | $98.93M | $88.73M | (m) | $29.19M | $14.01M | $6.13M | (m) | 3.32× |
| 2022-12-31 | $263.60M | $98.81M | $45.01M | (m) | $30.42M | $13.29M | $5.31M | (m) | 2.67× |
| 2022-09-30 | $220.43M | $135.24M | $4.12M | (m) | $65.17M | $22.33M | $15.89M | (m) | 1.63× |
| 2022-06-30 | $243.78M | $167.85M | $5.28M | (m) | $62.31M | $24.77M | $19.15M | (m) | 1.45× |
| 2022-03-31 | $276.07M | $42.58M | $14.99M | (m) | $41.80M | $25.61M | $6.97M | (m) | 6.48× |
| 2021-12-31 | $464.75M | $41.66M | $19.52M | (m) | $85.45M | $27.33M | $8.40M | (m) | 11.15× |
| 2021-09-30 | $432.08M | $36.30M | $23.43M | (m) | $64.34M | $33.00M | $7.23M | (m) | 11.90× |
| 2021-06-30 | $410.90M | $52.50M | $21.86M | (m) | $58.16M | $39.95M | $17.27M | (m) | 7.83× |
| 2021-03-31 | $437.43M | $95.81M | $31.85M | (m) | $54.44M | $36.93M | $9.47M | (m) | 4.57× |
| 2020-12-31 | $500.56M | $100.11M | $47.62M | (m) | $56.85M | $26.49M | $3.78M | (m) | 5.00× |
| 2020-09-30 | $857.74M | $42.30M | $456.92M | (m) | $32.91M | $13.43M | $10.17M | (m) | 20.28× |
| 2020-06-30 | $863.62M | $29.26M | $115.16M | (m) | $41.87M | $3.70M | $6.10M | (m) | 29.51× |
| 2020-03-31 | $830.73M | $20.44M | $117.53M | (m) | $39.51M | $7.32M | $3.37M | (m) | 40.65× |
| 2019-12-31 | $1.12B | $17.00M | $71.54M | (m) | $30.39M | $7.30M | $2.42M | (m) | 66.09× |
| 2019-09-30 | $1.18B | $35.70M | $225.30M | (m) | (m) | $6.57M | $2.04M | (m) | 33.14× |
| 2019-06-30 | $1.44B | $108.98M | $273.05M | (m) | (m) | $9.64M | $2.89M | (m) | 13.23× |
| 2019-03-31 | $1.57B | $186.78M | $105.11M | (m) | (m) | $11.90M | $5.06M | (m) | 8.39× |
| 2018-12-31 | $870.54M | $82.25M | $117.16M | (m) | $55.85M | $7.12M | $4.18M | (m) | 10.58× |
| 2018-09-30 | $1.75B | $793.34M | $115.56M | (m) | (m) | $8.14M | $1.65M | (m) | 2.20× |
| 2018-06-30 | $1.48B | $632.85M | $151.46M | (m) | (m) | $9.52M | $2.68M | (m) | 2.34× |
| 2018-03-31 | $349.05M | $246.98M | $51.02M | (m) | (m) | $10.53M | $3.41M | (m) | 1.41× |
| 2017-12-31 | $237.02M | $238.87M | $20.62M | (m) | (m) | $4.37M | $2.26M | (m) | 0.99× |
| 2017-09-30 | $224.20M | $231.68M | $32.74M | (m) | (m) | $5.01M | $3.62M | (m) | 0.97× |
| 2017-06-30 | $197.18M | $225.84M | $60.22M | (m) | (m) | $6.81M | $1.80M | (m) | 0.87× |
| 2017-03-31 | $174.70M | $227.00M | $10.64M | (m) | (m) | $7.63M | $6.46M | (m) | 0.77× |
| 2016-12-31 | $163.05M | $227.13M | $18.75M | (m) | (m) | $1.92M | $2.73M | (m) | 0.72× |
| 2016-09-30 | $140.69M | $226.13M | $86.58M | (m) | (m) | $4.03M | $2.76M | (m) | 0.62× |
| 2016-06-30 | $126.56M | $220.35M | $61.35M | (m) | (m) | $3.83M | $2.34M | (m) | 0.57× |
| 2016-03-31 | $133.06M | $12.24M | $31.29M | (m) | (m) | $1.75M | $2.69M | (m) | 10.87× |
| 2015-12-31 | $214.71M | $222.82M | $97.43M | (m) | (m) | $1.63M | $4.08M | (m) | 0.96× |
| 2015-09-30 | $210.32M | $16.25M | $93.77M | (m) | (m) | $1.22M | $3.14M | (m) | 12.94× |
| 2015-06-30 | $196.72M | $17.95M | $108.24M | (m) | (m) | $802.00K | $2.71M | (m) | 10.96× |
| 2015-03-31 | $191.71M | $18.16M | $165.77M | (m) | (m) | $2.82M | $7.44M | (m) | 10.56× |
| 2014-12-31 | $185.16M | $22.78M | $160.20M | (m) | (m) | $269.00K | $7.70M | (m) | 8.13× |
| 2014-09-30 | $198.52M | $18.43M | $180.66M | (m) | (m) | $1.07M | $4.86M | (m) | 10.77× |
| 2014-06-30 | $28.59M | $18.62M | $14.54M | (m) | (m) | $817.00K | $5.06M | (m) | 1.54× |
| 2014-03-31 | $33.40M | $21.00M | $12.98M | (m) | (m) | $1.95M | $3.67M | (m) | 1.59× |
| 2013-12-31 | $24.88M | $28.94M | $11.64M | (m) | (m) | $1.39M | $3.95M | (m) | 0.86× |
| 2013-09-30 | $16.64M | $32.46M | $3.27M | (m) | (m) | $1.84M | $4.30M | (m) | 0.51× |
| 2013-06-30 | $14.57M | $32.57M | $5.92M | (m) | (m) | $2.27M | $4.75M | (m) | 0.45× |
| 2013-03-31 | $17.74M | $33.02M | $5.04M | (m) | (m) | $2.84M | $5.52M | (m) | 0.54× |
| 2012-12-31 | $23.82M | $35.44M | $12.38M | (m) | (m) | $1.70M | $5.85M | (m) | 0.67× |
| 2012-09-30 | $17.43M | $29.88M | $7.05M | (m) | (m) | $2.55M | $6.03M | (m) | 0.58× |
| 2012-06-30 | $21.10M | $30.82M | $8.88M | (m) | (m) | $2.70M | $6.75M | (m) | 0.68× |
| 2012-03-31 | $23.54M | $27.21M | $9.78M | (m) | (m) | $1.34M | $7.89M | (m) | 0.87× |
| 2011-12-31 | $32.23M | $43.64M | $7.04M | (m) | (m) | $1.30M | $11.06M | (m) | 0.74× |
| 2011-09-30 | $26.82M | $42.45M | $2.25M | (m) | (m) | $1.96M | $10.07M | (m) | 0.63× |
| 2011-06-30 | $28.14M | $42.31M | $3.44M | (m) | (m) | $2.59M | $10.63M | (m) | 0.66× |
| 2010-12-31 | $37.02M | $33.49M | $3.35M | (m) | (m) | (m) | $8.60M | (m) | 1.11× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.