Ligand Pharmaceuticals Incorporated (LGND) quarterly balance sheet — complete assets, liabilities & equity history
Ligand Pharmaceuticals Incorporated (LGND) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 1.46B | 865.41M | 832.27M | 753.92M | 352.94M | 309.32M | 331.56M | 309.39M | 312.26M | 368.91M | 237.43M | 253.99M | 276.71M | 328.19M | 263.6M | 220.43M | 243.78M | 276.07M | 464.75M | 432.08M |
| Cash & Short-Term Investments | 1.36B | 779.4M | 733.52M | 664.52M | 255.3M | 208.9M | 256.17M | 219.64M | 226.93M | 310.59M | 170.31M | 190.5M | 219.04M | 282.67M | 211.87M | 121.41M | 147.94M | 204M | 341.11M | 323.21M |
| Cash Only | 1.01B | 115.08M | 174.93M | 139.38M | 67.67M | 47.99M | 72.31M | 63.62M | 18.14M | 50.09M | 22.95M | 19.27M | 28.45M | 282.67M | 45.01M | 4.12M | 5.28M | 14.99M | 19.52M | 23.43M |
| Short-Term Investments | 351.06M | 664.33M | 558.59M | 525.15M | 187.63M | 160.91M | 183.86M | 156.02M | 208.79M | 260.5M | 147.35M | 171.23M | 190.6M | 0 | 166.86M | 117.29M | 142.66M | 189.01M | 321.59M | 299.78M |
| Accounts Receivable | 69.92M | 54.8M | 61.05M | 58.1M | 42.12M | 42.83M | 42.45M | 42.13M | 37.48M | 28.43M | 39.31M | 36M | 27.99M | 29.19M | 35.04M | 65.95M | 63.27M | 41.8M | 91.65M | 70.71M |
| Days Sales Outstanding | 89.1 | 100.79 | 91.85 | 39.92 | 81.15 | 84.65 | 90.88 | 70.68 | 72.22 | 99.51 | 123.29 | 89.57 | 98.68 | 65.72 | 171.77 | 100.38 | 95.37 | 164.45 | 103.05 | 94.76 |
| Inventory | 10.26M | 13.27M | 9.13M | 11.9M | 12.89M | 11.81M | 14.11M | 13.44M | 14.47M | 21.34M | 23.97M | 25.39M | 26.91M | 14.01M | 13.29M | 22.33M | 24.77M | 25.61M | 27.33M | 33M |
| Days Inventory Outstanding | 333.1 | 485.61 | -37.22 | 45.94 | 386.65 | 240.62 | 446.77 | 102.76 | -106.31 | 186.25 | 1.36K | 690.3 | 1.12K | 330.57 | 75.81 | 153.08 | 185.47 | 506.98 | 231.54 | 293.14 |
| Other Current Assets | 19.17M | 17.95M | 28.58M | 19.4M | 40.04M | 42.97M | 16.9M | 30.87M | 27.26M | 7.31M | 2.66M | 2.1M | 2.77M | 2.33M | 2.27M | 10.75M | 7.8M | 4.66M | 4.67M | 5.16M |
| Total Non-Current Assets | 728.76M | 666.69M | 728.37M | 722.85M | 595.66M | 596.12M | 610.22M | 645.48M | 554.15M | 544.96M | 549.79M | 515.23M | 481.39M | 482.88M | 499.07M | 830.17M | 832.5M | 829.12M | 832.84M | 841.57M |
| Property, Plant & Equipment | 6.44M | 10.28M | 10.79M | 11.07M | 11.62M | 10.49M | 24.81M | 25.19M | 25.46M | 24.38M | 25.06M | 25.98M | 26.54M | 15.61M | 27.49M | 46.55M | 39.74M | 55.99M | 32.6M | 48.45M |
| Fixed Asset Turnover | 7.62x | 4.91x | 5.46x | 10.17x | 4.31x | 2.57x | 1.71x | 2.05x | 1.67x | 1.25x | 1.10x | 1.25x | 1.25x | 2.04x | 0.73x | 1.37x | 1.05x | 0.82x | 1.79x | 1.44x |
| Goodwill | 101.54M | 101.54M | 101.54M | 101.54M | 101.54M | 101.54M | 105.25M | 105.25M | 105.25M | 105.25M | 103.37M | 103.77M | 105.67M | 439.59M | 105.67M | 698.23M | 709.57M | 181.21M | 105.67M | 190.18M |
| Intangible Assets | 209.24M | 410.88M | 422.31M | 233.53M | 250.13M | 258.39M | 266.65M | 274.9M | 283.16M | 291.42M | 299.61M | 321.44M | 336.16M | 10.43M | 352.64M | 10.19M | 10.27M | 549.83M | 386.8M | 573.12M |
| Long-Term Investments | 156.87M | 132.81M | 183.58M | 42M | 204.46M | 199.23M | 195.93M | 212.4M | 93.66M | 112.68M | 111.61M | 47.08M | 0 | 0 | 3M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 217.54M | 2.71M | 1.79M | 325.18M | 27.07M | 25.92M | 17.51M | 27.65M | 46.43M | 11.22M | 9.92M | 8.43M | 4.5M | 16.38M | 1.74M | 39.7M | 37.27M | 6.44M | 272.03M | 3.1M |
| Total Assets | 2.19B | 1.53B | 1.56B | 1.48B | 948.6M | 905.43M | 941.77M | 954.87M | 866.4M | 913.87M | 787.22M | 769.23M | 758.11M | 811.08M | 762.67M | 1.05B | 1.08B | 1.11B | 1.3B | 1.27B |
| Asset Turnover | 0.03x | 0.03x | 0.04x | 0.10x | 0.05x | 0.05x | 0.05x | 0.06x | 0.05x | 0.04x | 0.04x | 0.04x | 0.03x | 0.06x | 0.03x | 0.06x | 0.05x | 0.03x | 0.06x | 0.05x |
| Asset Growth % | 130.43% | 69.21% | 65.71% | 54.66% | 9.49% | -0.92% | 19.63% | 24.13% | 14.29% | 12.67% | 3.22% | -26.78% | -29.56% | -26.61% | -41.22% | -17.51% | -14.33% | -14.67% | -4.75% | 2.1% |
| Total Current Liabilities | 46.74M | 40.67M | 37.45M | 30.54M | 64.73M | 58.68M | 37.11M | 24.77M | 18.57M | 17.82M | 16.78M | 15.73M | 29.39M | 98.93M | 98.81M | 135.24M | 167.85M | 42.58M | 41.66M | 36.3M |
| Accounts Payable | 9.4M | 5.26M | 3.24M | 27.76M | 8.58M | 5.37M | 5.23M | 4.69M | 1.79M | 1.89M | 2.43M | 2.48M | 9.58M | 6.13M | 5.31M | 15.89M | 19.15M | 6.97M | 8.4M | 7.23M |
| Days Payables Outstanding | 207.67 | 184.38 | -54.87 | 67.36 | 218.34 | 98.36 | 160.96 | 23.88 | -10.94 | 17.76 | 135.51 | 159.15 | 428.47 | 138.52 | 45.11 | 113.89 | 96.16 | 147.24 | 60.02 | 98.49 |
| Short-Term Debt | 0 | 0 | 0 | 1.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76.79M | 76.69M | 76.6M | 114.97M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 621K | 621K | 621K | 135K | 732K | 722K | 1.9M | 1.77M | 1.82M | 1.85M | 1.84M | 621K | 621K | 257K | 976K | 9.55M | 10.58M | 10.5M | 654K | 12.01M |
| Other Current Liabilities | 544K | 4.13M | 6.81M | -821K | 39.67M | 28.88M | -3.2M | 3.96M | 2.83M | 2.03M | 4.94M | 3.81M | 2.79M | 13.31M | 6.26M | 14.88M | 12.14M | 5.14M | 22.57M | 7.26M |
| Current Ratio | 31.18x | 21.28x | 22.23x | 24.69x | 5.45x | 5.27x | 8.93x | 12.49x | 16.82x | 20.70x | 14.15x | 16.15x | 9.42x | 3.32x | 2.67x | 1.63x | 1.45x | 6.48x | 11.15x | 11.90x |
| Quick Ratio | 30.96x | 20.95x | 21.98x | 24.30x | 5.25x | 5.07x | 8.55x | 11.95x | 16.04x | 19.51x | 12.72x | 14.54x | 8.50x | 3.18x | 2.53x | 1.46x | 1.30x | 5.88x | 10.50x | 11.00x |
| Cash Conversion Cycle | 214.52 | 402.02 | 109.51 | 18.5 | 249.46 | 226.91 | 376.69 | 149.56 | -23.15 | 268 | 1.35K | 620.72 | 785.68 | 257.76 | 202.47 | 139.57 | 184.68 | 524.19 | 274.58 | 289.42 |
| Total Non-Current Liabilities | 1.17B | 494.12M | 505.98M | 496.06M | 55.34M | 51.22M | 74.22M | 88.92M | 72.64M | 89.53M | 69.52M | 85.6M | 63.83M | 65.83M | 66.37M | 99.07M | 106.07M | 269.41M | 434.77M | 425.29M |
| Long-Term Debt | 1.13B | 446.9M | 446.19M | 445.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 176.54M | 320.72M | 316.89M |
| Capital Lease Obligations | 3.78M | 3.99M | 4.2M | 4.42M | 4.63M | 3.56M | 5.82M | 6.27M | 6.42M | 5.19M | 5.75M | 5.83M | 10.99M | 11.18M | 10.34M | 34.89M | 27.09M | 16.76M | 2.26M | 11.47M |
| Deferred Tax Liabilities | 21.65M | 22.61M | 52.61M | 22.67M | 32.25M | 29.38M | 32.52M | 46.4M | 30.13M | 50.61M | 31.62M | 32.59M | 27.66M | 30.01M | 30.61M | 29.83M | 42.67M | 39.48M | 30.86M | 63.03M |
| Other Non-Current Liabilities | 19.6M | 20.61M | 2.97M | 23.48M | 18.47M | 18.27M | 35.88M | 33.74M | 18.59M | 16.97M | 17M | 47.19M | 25.17M | 24.64M | 25.38M | 28.8M | 28.89M | 36.64M | 80.94M | 33.91M |
| Total Liabilities | 1.22B | 534.78M | 543.42M | 526.6M | 120.08M | 109.9M | 111.33M | 113.69M | 91.21M | 107.35M | 86.3M | 101.33M | 93.21M | 164.76M | 165.18M | 234.31M | 273.92M | 311.99M | 476.43M | 461.59M |
| Total Debt | 1.13B | 451.98M | 451.49M | 451M | 5.74M | 4.45M | 7.11M | 7.36M | 7.58M | 6.19M | 6.17M | 6.33M | 11.67M | 88.68M | 87.75M | 113.89M | 144.61M | 195.2M | 324.39M | 330.58M |
| Net Debt | 124.75M | 336.9M | 276.56M | 311.62M | -61.93M | -43.54M | -65.2M | -56.26M | -10.56M | -43.9M | -16.79M | -12.95M | -16.77M | -193.99M | 42.74M | 109.77M | 139.33M | 180.21M | 304.86M | 307.15M |
| Debt / Equity | 1.17x | 0.45x | 0.44x | 0.47x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.14x | 0.15x | 0.14x | 0.18x | 0.25x | 0.40x | 0.41x |
| Debt / EBITDA | 67.80x | 17.67x | 15.22x | 7.16x | 0.34x | - | - | 0.61x | - | 0.53x | 1.11x | 0.54x | 1.55x | 3.73x | 3.76x | 4.41x | 6.65x | 12.37x | 12.63x | 11.67x |
| Net Debt / EBITDA | 7.48x | 13.17x | 9.32x | 4.94x | -3.65x | - | - | -4.64x | - | -3.74x | -3.02x | -1.11x | -2.23x | -8.16x | 1.83x | 4.25x | 6.41x | 11.42x | 11.87x | 10.85x |
| Interest Coverage | 36.79x | -12.89x | 31.81x | - | 10.73x | -56.88x | -43.39x | -7.55x | -50.57x | 805.59x | 131.51x | -12143.00x | 12.17x | 59.19x | 234.04x | 38.21x | 20.77x | -10.59x | -0.57x | 2.68x |
| Total Equity | 967.52M | 997.32M | 1.02B | 950.17M | 828.53M | 795.53M | 830.44M | 841.18M | 775.2M | 806.52M | 700.91M | 667.9M | 664.89M | 646.32M | 597.49M | 816.3M | 802.37M | 793.19M | 821.16M | 812.07M |
| Equity Growth % | 16.78% | 25.37% | 22.49% | 12.96% | 6.88% | -1.36% | 18.48% | 25.94% | 16.59% | 24.79% | 17.31% | -18.18% | -17.13% | -18.52% | -27.24% | 0.52% | 2.02% | 6.35% | 15.73% | 16.37% |
| Book Value per Share | 44.31 | 50.16 | 48.12 | 47.11 | 41.58 | 41.45 | 43.77 | 45.67 | 43.00 | 44.51 | 39.65 | 38.43 | 37.50 | 35.96 | 35.38 | 47.65 | 47.57 | 47.15 | 49.07 | 47.37 |
| Total Shareholders' Equity | 967.52M | 997.32M | 1.02B | 950.17M | 828.53M | 795.53M | 830.44M | 841.18M | 775.2M | 806.52M | 700.91M | 667.9M | 664.89M | 646.32M | 597.49M | 816.3M | 802.37M | 793.19M | 821.16M | 812.07M |
| Common Stock | 20K | 20K | 20K | 20K | 20K | 20K | 20K | 19K | 19K | 18K | 18K | 18K | 17K | 17K | 17K | 17K | 17K | 17K | 17K | 17K |
| Retained Earnings | 583.25M | 594.74M | 608.09M | 578.22M | 461.38M | 456.53M | 498.98M | 530.07M | 537.24M | 589.15M | 503.02M | 484.83M | 495.1M | 492.81M | 450.86M | 468.35M | 467.94M | 468.84M | 449.09M | 454.51M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 4.48M | 5.39M | 8.46M | 9.32M | 8.49M | -1.56M | -5.94M | 1.75M | -935K | -910K | -817K | -944K | -967K | -935K | -984K | -1.06M | -1.07M | -1.03M | -917K | -875K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |