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Balance Sheets Overview

Current Ratio
3117.76%
Quick Ratio
3095.80%
Cash Ratio
2154.02%
Debt to Asset Ratio
55.74%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Short-term investments
    • Intangible assets, net
    • Others
Liabilities Breakdown
    • Convertible senior notes, net
    • Retained earnings
    • Additional paid-in capital
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
1,006,702
115,077
174,927
139,376
Short-term investments
351,056
664,328
558,594
525,146
Accounts receivable, net
67,011
53,383
59,601
57,560
Inventory
10,263
13,266
9,126
11,900
Short-term portion of financial royalty assets, net
12,982
12,151
22,792
12,416
Income taxes receivable
2,911
1,415
1,446
536
Other current assets
6,191
5,795
5,785
6,986
Total current assets
1,457,116
865,415
832,271
753,920
Intangible assets, net
209,244
217,341
225,438
233,535
Goodwill
101,541
101,541
101,541
101,541
Long-term portion of financial royalty assets, net
194,228
193,536
196,877
206,332
Noncurrent derivative assets
17,913
13,527
15,632
9,351
Property and equipment, net
-
-
-
3,466
Lease right-of-use assets
-
-
-
7,609
Equity method investments
42,390
31,515
46,500
42,000
Other investments
114,483
87,770
121,451
106,721
Deferred income taxes, net
37,119
8,473
8,345
9,526
Other assets
11,841
12,987
12,582
2,771
Total assets
2,185,875
1,532,105
1,560,637
1,476,772
Accounts payable
9,405
5,264
3,238
3,679
Accrued liabilities
31,867
31,845
31,453
24,084
Income taxes payable
3,217
1,893
1,239
1,284
Current contingent liabilities
210
277
287
268
Current operating lease liabilities
1,082
1,088
1,095
1,089
Other current liabilities
955
300
135
135
Total current liabilities
46,736
40,667
37,447
30,539
Long-term deferred revenue
-
-
0
0
Long-term contingent liabilities
2,382
3,498
2,934
3,569
Long-term operating lease liabilities
3,777
3,993
4,204
4,415
Convertible senior notes, net
1,126,594
446,896
446,192
445,493
Deferred income taxes, net
21,654
22,614
36,019
22,673
Other long-term liabilities
17,216
17,115
16,629
19,912
Total liabilities
1,218,359
534,783
543,425
526,601
Common stock, 0.001 par value 60,000 shares authorized 19,920 and 19,774 shares issued and outstanding at june30, 2026 and december31, 2025, respectively
20
20
20
20
Additional paid-in capital
379,769
397,169
400,649
362,614
Accumulated other comprehensive income
4,476
5,390
8,455
9,322
Retained earnings
583,251
594,743
608,088
578,215
Total stockholders equity
967,516
997,322
1,017,212
950,171
Total liabilities and stockholders equity
2,185,875
1,532,105
1,560,637
1,476,772
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$1,006,702K Short-term investments$351,056K Accounts receivable, net$67,011K Short-term portion offinancial royalty assets,...$12,982K Inventory$10,263K Other current assets$6,191K Income taxesreceivable$2,911K Total current assets$1,457,116K Intangible assets, net$209,244K Long-term portion offinancial royalty assets,...$194,228K Other investments$114,483K Goodwill$101,541K Equity methodinvestments$42,390K Deferred income taxes,net$37,119K Noncurrent derivativeassets$17,913K Other assets$11,841K Total assets$2,185,875K Total liabilities andstockholders equity$2,185,875K Total liabilities$1,218,359K Total stockholdersequity$967,516K Convertible senior notes,net$1,126,594K Total currentliabilities$46,736K Deferred income taxes,net$21,654K Other long-termliabilities$17,216K Long-term operating leaseliabilities$3,777K Long-term contingentliabilities$2,382K Retained earnings$583,251K Additional paid-in capital$379,769K Accumulated othercomprehensive income$4,476K Common stock, 0.001 parvalue 60,000 shares...$20K Accrued liabilities$31,867K Accounts payable$9,405K Income taxes payable$3,217K Current operating leaseliabilities$1,082K Other currentliabilities$955K Current contingentliabilities$210K

LIGAND PHARMACEUTICALS INC (LGNYZ)

LIGAND PHARMACEUTICALS INC (LGNYZ)