Ligand Pharmaceuticals (LGND) Interest Coverage Ratio (2010 - 2026)

Ligand Pharmaceuticals' (LGND) quarterly Interest Coverage Ratio came in at 9.94 in Q1 2026, up 123.8% year-on-year from 4.44 in Q1 2025, and up 28.19% quarter-over-quarter from 7.76 in Q4 2025.

Ligand Pharmaceuticals (LGND) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

Ligand Pharmaceuticals has disclosed Interest Coverage Ratio across 17 years of filings, most recently posting 9.94 for Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 9.94, up 123.8% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.91 (up 202.81% YoY), and the FY2025 annual result was 8.7, up 216.83% from the prior year.
  • Interest Coverage Ratio came in at 9.94 for Q1 2026 at Ligand Pharmaceuticals, up from 7.76 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 3078.0 in Q3 2023 to a low of 83.75 in Q4 2022.
  • The 5-year median for Interest Coverage Ratio is 7.32 (2025), against an average of 183.74.
  • Across the five-year window, Interest Coverage Ratio plunged 1092.11% in 2022 and soared 8180.5% in 2023, its largest moves.
  • Ligand Pharmaceuticals' Interest Coverage Ratio stood at 83.75 in 2022, then surged by 69.39% to 25.63 in 2023, then surged by 57.42% to 10.91 in 2024, then soared by 171.06% to 7.76 in 2025, then increased by 28.19% to 9.94 in 2026.
  • The last three Interest Coverage Ratio figures came in at 9.94 (Q1 2026), 7.76 (Q4 2025), and 60.36 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 3.58
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 11.50
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -258.33
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 547.67
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - 11.79
10 Ligand Pharmaceuticals 5.47 Bn 4.69 Bn 48.45 Mn 9.94

Historic Data

Download Data
DateValue
Mar 31, 2026 9.94
Dec 31, 2025 7.76
Sep 30, 2025 60.36
Jun 30, 2025 7.32
Mar 31, 2025 -41.77
Dec 31, 2024 -10.91
Sep 30, 2024 4.24
Jun 30, 2024 -15.06
Mar 31, 2024 21.19
Dec 31, 2023 -25.63
Sep 30, 2023 3,078.00
Jun 30, 2023 -6.98
Mar 31, 2023 59.19
Dec 31, 2022 -83.75
Sep 30, 2022 37.17
Jun 30, 2022 19.78
Mar 31, 2022 2.70
Dec 31, 2021 8.44
Sep 30, 2021 3.54
Jun 30, 2021 9.37