Ligand Pharmaceuticals (LGND) Interest Coverage Ratio (2010 - 2026)
Ligand Pharmaceuticals' Interest Coverage Ratio was 4.91 in Q2 2026, down 32.9% from 7.32 a year earlier and down 50.6% from the prior quarter.
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Analysis
Ligand Pharmaceuticals (LGND) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ligand Pharmaceuticals' Interest Coverage Ratio was 15.30 through Jun 30, 2026; for FY2025, it came in at 8.70.
- In earlier years, Interest Coverage Ratio was -7.44 in FY2024, 18.20 in FY2023 (+978.3%), 1.69 in FY2022 (-68.1%) and 5.29 in FY2021 (+287.0%).
- The Q2 2026 figure marks the lowest quarterly Interest Coverage Ratio since Q1 2025.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2022 (growth of 950.6%); the worst was Q3 2024 (a decline of 99.9%).
- Per Business Quant data, LGND's Interest Coverage Ratio in the three quarters before Q2 2026 was 9.94 (Q1 2026), 7.76 (Q4 2025) and 60.36 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 25.41 |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | - |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 10.28 |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 7.27 |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 5.22 |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | -42.08 |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | - |
| 10 | Ligand Pharmaceuticals | 6.18 Bn | 2.65 Bn | - | 4.91 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.91 |
| 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 |
API Access
Ligand Pharmaceuticals Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=LGND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "LGND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=LGND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();