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Quick ratio at other companies

Royalty Pharma logo
Royalty PharmaRPRX
2.7×+1.1×
LQD
Liquidia CorporationLQDA
-0.9×
Revvity logo
RevvityRVTY
1.4×-1.6×
BridgeBio Pharma logo
BridgeBio PharmaBBIO
1.5×-3.1×
Roivant Sciences logo
Roivant SciencesROIV
18.4×-15.1×
Relay Therapeutics, Inc. logo
Relay Therapeutics, Inc.RLAY
22.1×+2.2×

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$5.6B+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
Debt / equity0.0×
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 quick ratio?
Ligand Pharmaceuticals (LGND) reported quick ratio of 21× in Q1 2026.
How has Ligand Pharmaceuticals's quick ratio changed year-over-year?
Ligand Pharmaceuticals's quick ratio increased by 317.3% year-over-year, from 5× to 21×.
What is the long-term trend for Ligand Pharmaceuticals's quick ratio?
Over 5 years (2020 to 2025), Ligand Pharmaceuticals's quick ratio has grown at a 35.9% compound annual growth rate (CAGR), from 4.7× to 22×.
What does quick ratio mean?
Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.