Ligand Pharmaceuticals Incorporated (LGND) — Capital Reinvestment Ratio
Ligand Pharmaceuticals Incorporated (LGND) has a Capital Reinvestment Ratio of 0.00x as of June 2026, meaning it reinvests 0% of its operating cash flow ($24.02 Million) in capital expenditures ($26.00K). Check Ligand Pharmaceuticals Incorporated tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Ligand Pharmaceuticals Incorporated Capital Reinvestment Ratio (2003–2025)
This chart tracks Ligand Pharmaceuticals Incorporated's Capital Reinvestment Ratio across 16 annual periods. For the full cash flow conversion analysis, see Ligand Pharmaceuticals Incorporated cash conversion from operations.
Annual Capital Reinvestment Ratio for Ligand Pharmaceuticals Incorporated (2003–2025)
Year-by-year Capital Reinvestment Ratio for Ligand Pharmaceuticals Incorporated from 2003 to 2025. See free cash flow generation of Ligand Pharmaceuticals Incorporated to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.01x | $49.36 Million | $452.00K | ▼ -95.5% |
| 2024 | 0.20x | $97.05 Million | $19.64 Million | ▼ -81.4% |
| 2023 | 1.09x | $49.58 Million | $53.85 Million | ▲ +735.4% |
| 2022 | 0.13x | $137.85 Million | $17.92 Million | ▲ +16.9% |
| 2021 | 0.11x | $78.80 Million | $8.76 Million | ▲ +36.1% |
| 2020 | 0.08x | $54.59 Million | $4.46 Million | ▲ +33.3% |
| 2018 | 0.06x | $194.06 Million | $11.89 Million | ▼ -19.9% |
| 2017 | 0.08x | $93.57 Million | $7.15 Million | ▼ -83.0% |
| 2016 | 0.45x | $63.00 Million | $28.32 Million | ▲ +72.7% |
| 2015 | 0.26x | $41.73 Million | $10.86 Million | ▲ +19.0% |
| 2014 | 0.22x | $20.57 Million | $4.50 Million | ▼ -8.3% |
| 2013 | 0.24x | $20.69 Million | $4.94 Million | ▼ -99.6% |
| 2012 | 53.69x | $161.00K | $8.64 Million | ▲ +1161.7% |
| 2005 | 4.26x | $8.37 Million | $35.60 Million | ▲ +579.4% |
| 2004 | 0.63x | $5.75 Million | $3.60 Million | ▼ -93.8% |
| 2003 | 10.16x | $274.00K | $2.78 Million | — |