Ligand Pharmaceuticals (LGND) Debt Ratio (2011 - 2026)

Ligand Pharmaceuticals (LGND) posted Debt Ratio of 0.29 for Q1 2026, up 2.02% sequentially from 0.29 in Q4 2025.

Ligand Pharmaceuticals (LGND) Debt Ratio (2011 - 2026) Analysis & Trends

Ligand Pharmaceuticals has reported Debt Ratio for 13 years, with the latest figure at 0.29 in Q1 2026.

  • Quarterly Debt Ratio changed N/A year-over-year to 0.29 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.29 (changed N/A YoY) and the FY2025 annual result came in at 0.29, changed N/A from the prior year.
  • Debt Ratio improved to 0.29 in Q1 2026 per LGND's latest filing, from 0.29 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.3 in Q3 2025 and troughed at 0.07 in Q3 2022.
  • A 4-year average of 0.18 and a median of 0.11 in 2022 frame the typical range for Debt Ratio.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn -
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 0.05
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 0.12
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -
7 Royalty Pharma 33.72 Bn 35.84 Bn - 0.47
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn -
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 0.26
10 Ligand Pharmaceuticals 5.87 Bn 4.51 Bn 60.48 Mn 0.52

Historic Data

Download Data
DateValue
Jun 30, 2026 0.52
Mar 31, 2026 0.29
Dec 31, 2025 0.29
Sep 30, 2025 0.30
Mar 31, 2023 0.09
Dec 31, 2022 0.10
Sep 30, 2022 0.07
Jun 30, 2022 0.11
Jun 30, 2019 0.02
Mar 31, 2019 0.01
Dec 31, 2018 0.02
Sep 30, 2018 0.10
Jun 30, 2018 0.11
Mar 31, 2018 0.30
Dec 31, 2017 0.33
Sep 30, 2017 0.33
Jun 30, 2017 0.34
Mar 31, 2017 0.34
Dec 31, 2016 0.35
Jun 30, 2016 0.34