Ligand Pharmaceuticals Incorporated (LGND) — Cash Flow Reinvestment Rate
Ligand Pharmaceuticals Incorporated (LGND) has a Cash Flow Reinvestment Rate of 0.00x as of June 2026, reinvesting $26.00K (capex $26.00K ) from operating cash flow of $24.02 Million. See LGND free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Ligand Pharmaceuticals Incorporated Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Ligand Pharmaceuticals Incorporated across 16 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Ligand Pharmaceuticals Incorporated.
Annual Cash Flow Reinvestment Rate for Ligand Pharmaceuticals Incorporated (2003–2025)
Year-by-year capital reinvestment analysis for Ligand Pharmaceuticals Incorporated. See LGND free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 7.37x | $363.67 Million | $49.36 Million | $452.00K | ▲ +337.9% |
| 2024 | 1.68x | $163.30 Million | $97.05 Million | $19.64 Million | ▲ +33.4% |
| 2023 | 1.26x | $62.53 Million | $49.58 Million | $53.85 Million | ▼ -4.2% |
| 2022 | 1.32x | $181.55 Million | $137.85 Million | $17.92 Million | ▲ +112.8% |
| 2021 | 0.62x | $48.77 Million | $78.80 Million | $8.76 Million | ▼ -94.6% |
| 2020 | 11.36x | $620.13 Million | $54.59 Million | $4.46 Million | ▲ +428.2% |
| 2018 | 2.15x | $417.41 Million | $194.06 Million | $11.89 Million | ▲ +211.7% |
| 2017 | 0.69x | $64.58 Million | $93.57 Million | $7.15 Million | ▼ -14.2% |
| 2016 | 0.80x | $50.69 Million | $63.00 Million | $28.32 Million | ▼ -70.2% |
| 2015 | 2.70x | $112.61 Million | $41.73 Million | $10.86 Million | ▲ +711.4% |
| 2014 | 0.33x | $6.84 Million | $20.57 Million | $4.50 Million | ▲ +39.4% |
| 2013 | 0.24x | $4.94 Million | $20.69 Million | $4.94 Million | ▼ -99.8% |
| 2012 | 115.80x | $18.64 Million | $161.00K | $8.64 Million | ▲ +2621.3% |
| 2005 | 4.26x | $35.60 Million | $8.37 Million | $35.60 Million | ▲ +579.4% |
| 2004 | 0.63x | $3.60 Million | $5.75 Million | $3.60 Million | ▼ -93.8% |
| 2003 | 10.16x | $2.78 Million | $274.00K | $2.78 Million | — |