Ligand Pharmaceuticals Current Ratio Growth & History (LGND)
Ligand Pharmaceuticals's current ratio was 22.23 for fiscal 2025.
View full Ligand Pharmaceuticals company overviewLigand Pharmaceuticals annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 22.23 | 13.29 | +148.77% |
| 2024 | 2024-12-31 | 8.93 | −5.21 | −36.85% |
| 2023 | 2023-12-31 | 14.15 | 11.48 | +430.33% |
| 2022 | 2022-12-31 | 2.67 | −8.49 | −76.08% |
| 2021 | 2021-12-31 | 11.15 | 6.15 | +123.09% |
| 2020 | 2020-12-31 | 5.00 | −61.09 | −92.43% |
| 2019 | 2019-12-31 | 66.09 | 55.50 | +524.41% |
| 2018 | 2018-12-31 | 10.58 | 9.59 | +966.67% |
| 2017 | 2017-12-31 | 0.99 | 0.27 | +38.22% |
| 2016 | 2016-12-31 | 0.72 | −0.25 | −25.50% |
| 2015 | 2015-12-31 | 0.96 | −7.16 | −88.15% |
| 2014 | 2014-12-31 | 8.13 | 7.27 | +845.42% |
| 2013 | 2013-12-31 | 0.86 | 0.19 | +27.90% |
| 2012 | 2012-12-31 | 0.67 | −0.07 | −8.97% |
| 2011 | 2011-12-31 | 0.74 | −0.37 | −33.19% |
| 2010 | 2010-12-31 | 1.11 | — | — |
Ligand Pharmaceuticals quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 31.18 | 25.73 | +471.83% |
| Q1 2026 | 2026-03-31 | 21.28 | 16.01 | +303.73% |
| Q4 2025 | 2025-12-31 | 22.23 | 13.29 | +148.77% |
| Q3 2025 | 2025-09-30 | 24.69 | 12.20 | +97.66% |
| Q2 2025 | 2025-06-30 | 5.45 | −11.37 | −67.58% |
| Q1 2025 | 2025-03-31 | 5.27 | −15.43 | −74.54% |
| Q4 2024 | 2024-12-31 | 8.93 | −5.21 | −36.85% |
| Q3 2024 | 2024-09-30 | 12.49 | −3.66 | −22.67% |
| Q2 2024 | 2024-06-30 | 16.82 | 7.40 | +78.63% |
| Q1 2024 | 2024-03-31 | 20.70 | 17.39 | +524.10% |
| Q4 2023 | 2023-12-31 | 14.15 | 11.48 | +430.33% |
| Q3 2023 | 2023-09-30 | 16.15 | 14.52 | +890.86% |
| Q2 2023 | 2023-06-30 | 9.42 | 7.96 | +548.31% |
| Q1 2023 | 2023-03-31 | 3.32 | −3.17 | −48.83% |
| Q4 2022 | 2022-12-31 | 2.67 | −8.49 | −76.08% |
| Q3 2022 | 2022-09-30 | 1.63 | −10.27 | −86.31% |
| Q2 2022 | 2022-06-30 | 1.45 | −6.37 | −81.44% |
| Q1 2022 | 2022-03-31 | 6.48 | 1.92 | +42.01% |
| Q4 2021 | 2021-12-31 | 11.15 | 6.15 | +123.09% |
| Q3 2021 | 2021-09-30 | 11.90 | −8.37 | −41.29% |
| Q2 2021 | 2021-06-30 | 7.83 | −21.68 | −73.48% |
| Q1 2021 | 2021-03-31 | 4.57 | −36.08 | −88.77% |
| Q4 2020 | 2020-12-31 | 5.00 | −61.09 | −92.43% |
| Q3 2020 | 2020-09-30 | 20.28 | −12.87 | −38.82% |
| Q2 2020 | 2020-06-30 | 29.51 | 16.28 | +123.00% |
| Q1 2020 | 2020-03-31 | 40.65 | 32.25 | +384.20% |
| Q4 2019 | 2019-12-31 | 66.09 | 55.50 | +524.41% |
| Q3 2019 | 2019-09-30 | 33.14 | 30.94 | +1406.69% |
| Q2 2019 | 2019-06-30 | 13.23 | 10.89 | +465.71% |
| Q1 2019 | 2019-03-31 | 8.39 | 6.98 | +493.97% |
| Q4 2018 | 2018-12-31 | 10.58 | 9.59 | +966.67% |
| Q3 2018 | 2018-09-30 | 2.20 | 1.23 | +127.32% |
| Q2 2018 | 2018-06-30 | 2.34 | 1.47 | +167.94% |
| Q1 2018 | 2018-03-31 | 1.41 | 0.64 | +83.63% |
| Q4 2017 | 2017-12-31 | 0.99 | 0.27 | +38.22% |
| Q3 2017 | 2017-09-30 | 0.97 | 0.35 | +55.54% |
| Q2 2017 | 2017-06-30 | 0.87 | 0.30 | +52.00% |
| Q1 2017 | 2017-03-31 | 0.77 | −10.10 | −92.92% |
| Q4 2016 | 2016-12-31 | 0.72 | −0.25 | −25.50% |
| Q3 2016 | 2016-09-30 | 0.62 | −12.32 | −95.19% |
| Q2 2016 | 2016-06-30 | 0.57 | −10.39 | −94.76% |
| Q1 2016 | 2016-03-31 | 10.87 | 0.31 | +2.96% |
| Q4 2015 | 2015-12-31 | 0.96 | −7.16 | −88.15% |
| Q3 2015 | 2015-09-30 | 12.94 | 2.17 | +20.16% |
| Q2 2015 | 2015-06-30 | 10.96 | 9.43 | +613.98% |
| Q1 2015 | 2015-03-31 | 10.56 | 8.97 | +563.96% |
| Q4 2014 | 2014-12-31 | 8.13 | 7.27 | +845.42% |
| Q3 2014 | 2014-09-30 | 10.77 | 10.26 | +2001.59% |
| Q2 2014 | 2014-06-30 | 1.54 | 1.09 | +243.17% |
| Q1 2014 | 2014-03-31 | 1.59 | 1.05 | +195.97% |
| Q4 2013 | 2013-12-31 | 0.86 | 0.19 | +27.90% |
| Q3 2013 | 2013-09-30 | 0.51 | −0.07 | −12.17% |
| Q2 2013 | 2013-06-30 | 0.45 | −0.24 | −34.65% |
| Q1 2013 | 2013-03-31 | 0.54 | −0.33 | −37.91% |
| Q4 2012 | 2012-12-31 | 0.67 | −0.07 | −8.97% |
| Q3 2012 | 2012-09-30 | 0.58 | −0.05 | −7.63% |
| Q2 2012 | 2012-06-30 | 0.68 | 0.02 | +2.93% |
| Q1 2012 | 2012-03-31 | 0.87 | — | — |
| Q4 2011 | 2011-12-31 | 0.74 | −0.37 | −33.19% |
| Q3 2011 | 2011-09-30 | 0.63 | — | — |
| Q2 2011 | 2011-06-30 | 0.66 | — | — |
| Q4 2010 | 2010-12-31 | 1.11 | — | — |
Ligand Pharmaceuticals current ratio trends
Over the last five fiscal years, Ligand Pharmaceuticals's current ratio increased from 5.00 to 22.23, a change of 17.23. The latest reported quarter, Q2 2026, shows 31.18.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ligand Pharmaceuticals source filings ↗