LIGAND PHARMACEUTICALS INCORPORATED (LGND) Quick Ratio
- Quick ratio · latest quarter: Value (m); Formula and calculation Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30..
Quick ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Quick ratio · latest quarter | (m) | Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Cash, securities and trade receivables | (m) | Cash and Cash Equivalents, at Carrying Value · Accounts Receivable, after Allowance for Credit Loss, 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 · excluded from quick assets | 10.26M USD | Inventory, Net |
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 | Cash, securities and trade receivables (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory · excluded from quick assets (USD) | Quick ratio |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $46.74M | $1.01B | (m) | $67.01M | $10.26M | (m) |
| 2026-03-31 | (m) | $40.67M | $115.08M | (m) | $53.38M | $13.27M | (m) |
| 2025-12-31 | (m) | $37.45M | $174.93M | (m) | $59.60M | $9.13M | (m) |
| 2025-09-30 | (m) | $30.54M | $139.38M | (m) | $57.56M | $11.90M | (m) |
| 2025-06-30 | (m) | $64.73M | $67.67M | (m) | $41.29M | $15.49M | (m) |
| 2025-03-31 | (m) | $58.68M | $47.99M | (m) | $38.49M | $14.61M | (m) |
| 2024-12-31 | (m) | $37.11M | $72.31M | (m) | $38.38M | $14.11M | (m) |
| 2024-09-30 | (m) | $24.77M | $63.62M | (m) | $34.32M | $16.74M | (m) |
| 2024-06-30 | (m) | $18.57M | $18.14M | (m) | $37.48M | $18.67M | (m) |
| 2024-03-31 | (m) | $17.82M | $50.09M | (m) | $28.43M | $21.34M | (m) |
| 2023-12-31 | (m) | $16.78M | $22.95M | (m) | $32.92M | $23.97M | (m) |
| 2023-09-30 | (m) | $15.73M | $19.27M | (m) | $36.00M | $25.39M | (m) |
| 2023-06-30 | (m) | $29.39M | $28.45M | (m) | $27.99M | $26.91M | (m) |
| 2023-03-31 | (m) | $98.93M | $88.73M | (m) | $29.19M | $14.01M | (m) |
| 2022-12-31 | (m) | $98.81M | $45.01M | (m) | $30.42M | $13.29M | (m) |
| 2022-09-30 | (m) | $135.24M | $4.12M | (m) | $65.17M | $22.33M | (m) |
| 2022-06-30 | (m) | $167.85M | $5.28M | (m) | $62.31M | $24.77M | (m) |
| 2022-03-31 | (m) | $42.58M | $14.99M | (m) | $41.80M | $25.61M | (m) |
| 2021-12-31 | (m) | $41.66M | $19.52M | (m) | $85.45M | $27.33M | (m) |
| 2021-09-30 | (m) | $36.30M | $23.43M | (m) | $64.34M | $33.00M | (m) |
| 2021-06-30 | (m) | $52.50M | $21.86M | (m) | $58.16M | $39.95M | (m) |
| 2021-03-31 | (m) | $95.81M | $31.85M | (m) | $54.44M | $36.93M | (m) |
| 2020-12-31 | (m) | $100.11M | $47.62M | (m) | $56.85M | $26.49M | (m) |
| 2020-09-30 | (m) | $42.30M | $456.92M | (m) | $32.91M | $13.43M | (m) |
| 2020-06-30 | (m) | $29.26M | $115.16M | (m) | $41.87M | $3.70M | (m) |
| 2020-03-31 | (m) | $20.44M | $117.53M | (m) | $39.51M | $7.32M | (m) |
| 2019-12-31 | (m) | $17.00M | $71.54M | (m) | $30.39M | $7.30M | (m) |
| 2019-09-30 | (m) | $35.70M | $225.30M | (m) | (m) | $6.57M | (m) |
| 2019-06-30 | (m) | $108.98M | $273.05M | (m) | (m) | $9.64M | (m) |
| 2019-03-31 | (m) | $186.78M | $105.11M | (m) | (m) | $11.90M | (m) |
| 2018-12-31 | (m) | $82.25M | $117.16M | (m) | (m) | $7.12M | (m) |
| 2018-09-30 | (m) | $793.34M | $115.56M | (m) | (m) | $8.14M | (m) |
| 2018-06-30 | (m) | $632.85M | $151.46M | (m) | (m) | $9.52M | (m) |
| 2018-03-31 | (m) | $246.98M | $51.02M | (m) | (m) | $10.53M | (m) |
| 2017-12-31 | (m) | $238.87M | $20.62M | (m) | (m) | $4.37M | (m) |
| 2017-09-30 | (m) | $231.68M | $32.74M | (m) | (m) | $5.01M | (m) |
| 2017-06-30 | (m) | $225.84M | $60.22M | (m) | (m) | $6.81M | (m) |
| 2017-03-31 | (m) | $227.00M | $10.64M | (m) | (m) | $7.63M | (m) |
| 2016-12-31 | (m) | $227.13M | $18.75M | (m) | (m) | $1.92M | (m) |
| 2016-09-30 | (m) | $226.13M | $86.58M | (m) | (m) | $4.03M | (m) |
| 2016-06-30 | (m) | $220.35M | $61.35M | (m) | (m) | $3.83M | (m) |
| 2016-03-31 | (m) | $12.24M | $31.29M | (m) | (m) | $1.75M | (m) |
| 2015-12-31 | (m) | $20.84M | $97.43M | (m) | (m) | $1.63M | (m) |
| 2015-09-30 | (m) | $16.25M | $93.77M | (m) | (m) | $1.22M | (m) |
| 2015-06-30 | (m) | $17.95M | $108.24M | (m) | (m) | $802.00K | (m) |
| 2015-03-31 | (m) | $18.16M | $165.77M | (m) | (m) | $2.82M | (m) |
| 2014-12-31 | (m) | $22.78M | $160.20M | (m) | (m) | $269.00K | (m) |
| 2014-09-30 | (m) | $18.43M | $180.66M | (m) | (m) | $1.07M | (m) |
| 2014-06-30 | (m) | $18.62M | $14.54M | (m) | (m) | $817.00K | (m) |
| 2014-03-31 | (m) | $21.00M | $12.98M | (m) | (m) | $1.95M | (m) |
| 2013-12-31 | (m) | $28.94M | $11.64M | (m) | (m) | $1.39M | (m) |
| 2013-09-30 | (m) | $32.46M | $3.27M | (m) | (m) | $1.84M | (m) |
| 2013-06-30 | (m) | $32.57M | $5.92M | (m) | (m) | $2.27M | (m) |
| 2013-03-31 | (m) | $33.02M | $5.04M | (m) | (m) | $2.84M | (m) |
| 2012-12-31 | (m) | $35.44M | $12.38M | (m) | (m) | $1.70M | (m) |
| 2012-09-30 | (m) | $29.88M | $7.05M | (m) | (m) | $2.55M | (m) |
| 2012-06-30 | (m) | $30.42M | $8.88M | (m) | (m) | $2.70M | (m) |
| 2012-03-31 | (m) | $27.21M | $9.78M | (m) | (m) | $1.34M | (m) |
| 2011-12-31 | (m) | $43.64M | $7.04M | (m) | (m) | $1.30M | (m) |
| 2011-09-30 | (m) | $42.45M | $2.25M | (m) | (m) | $1.96M | (m) |
| 2011-06-30 | (m) | $42.31M | $3.44M | (m) | (m) | $2.59M | (m) |
| 2011-03-31 | (m) | (m) | $6.03M | (m) | (m) | (m) | (m) |
| 2010-12-31 | (m) | $33.49M | $3.35M | (m) | (m) | $0.00 | (m) |
| 2010-09-30 | (m) | (m) | $3.80M | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | $3.23M | (m) | (m) | (m) | (m) |
| 2009-12-31 | (m) | (m) | $16.03M | (m) | (m) | (m) | (m) |
| 2008-12-31 | (m) | (m) | $28.75M | (m) | (m) | (m) | (m) |
(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.