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Debt-to-equity at other companies

Royalty Pharma logo
Royalty PharmaRPRX
0.9×+0.1×
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Liquidia CorporationLQDA
0.1×-0.1×
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RevvityRVTY
0.5×+0.1×
Roivant Sciences logo
Roivant SciencesROIV
0.0×
Relay Therapeutics, Inc. logo
Relay Therapeutics, Inc.RLAY
0.0×
Kiniksa Pharmaceuticals International, plc logo
Kiniksa Pharmaceuticals International, plcKNSA
0.0×

Other financials

Income statement

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Revenue$51.7M+14.1%
Operating income$17.4M+148%
Net income-$13.3M+68.6%
EPS (diluted)-$0.67+69.7%

Balance sheet

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Cash & equivalents$115.1M+140%
Total debt$5.1M+14.2%
Total equity$997.3M+25.4%
Total assets$1.5B+69.2%

Cash flow

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Operating cash flow$48.7M+291%
CapEx$228.0K+6.5%
Free cash flow$48.5M+289%

Valuation

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Market cap$5.51B+96.7%

Profitability

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Gross margin91.9%
Operating margin34.5%+23.0pp
Net margin55.9%+35.7pp
FCF margin44.8%+16.8pp

Returns & leverage

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Return on equity17.1%+11.5pp
Current ratio21.3×+16.0×

Where this comes from

Calculated from Ligand Pharmaceuticals’s reported figures.

Based on the most recent quarter.

The official record: Ligand Pharmaceuticals’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ligand Pharmaceuticals's debt-to-equity?
Ligand Pharmaceuticals (LGND) reported debt-to-equity of 0× in Q1 2026.
How has Ligand Pharmaceuticals's debt-to-equity changed year-over-year?
Ligand Pharmaceuticals's debt-to-equity decreased by 8.9% year-over-year, from 0× to 0×.
What is the long-term trend for Ligand Pharmaceuticals's debt-to-equity?
Over 5 years (2020 to 2025), Ligand Pharmaceuticals's debt-to-equity has grown at a -29.0% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.