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| Date | Value |
|---|---|
| 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 |