Ligand Pharmaceuticals Incorporated (LGND) — Defensive Interval Ratio

Latest as of March 2026: 6454 days

Ligand Pharmaceuticals Incorporated (LGND) has a Defensive Interval Ratio of 6454 days as of March 2026. Defensive assets of $719.13 Million (cash $-, short-term investments $664.33 Million, receivables $54.80 Million) cover 6454 days of daily cash needs of $111.42K/day. Check LGND tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

6454 days
Days of operational coverage

Defensive Assets

$719.13 Million
Cash + ST Investments + Receivables

Daily Cash Need

$111.42K
Current Liabilities ÷ 365

Current Liabilities

$40.67 Million
USD

Ligand Pharmaceuticals Incorporated Defensive Interval Ratio (1994–2025)

This chart shows how Ligand Pharmaceuticals Incorporated's Defensive Interval Ratio has evolved across 30 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 6454 days, meaning defensive assets of $719.13 Million can fund 6454 days of operations without new revenue. Also explore Ligand Pharmaceuticals Incorporated annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ligand Pharmaceuticals Incorporated (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ligand Pharmaceuticals Incorporated from 1994 to 2025, covering 30 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see how much is Ligand Pharmaceuticals Incorporated worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 6040 days $619.64 Million $102.59K/day $- $558.59 Million ▲ +3814 days
2024 2226 days $226.31 Million $101.68K/day $- $183.86 Million ▼ -1834 days
2023 4060 days $186.67 Million $45.98K/day $- $147.35 Million ▲ +3314 days
2022 746 days $201.90 Million $270.71K/day $- $166.86 Million ▼ -2874 days
2021 3620 days $413.23 Million $114.15K/day $- $321.59 Million ▲ +2079 days
2020 1541 days $422.63 Million $274.28K/day $- $363.57 Million ▼ -20787 days
2019 22328 days $1.04 Billion $46.58K/day $- $998.32 Million ▲ +21875 days
2018 453 days $102.04 Million $225.34K/day $- $46.19 Million ▲ +131 days
2017 322 days $210.51 Million $654.43K/day $- $181.04 Million ▲ +96 days
2016 225 days $140.20 Million $622.27K/day $- $122.30 Million ▼ -1780 days
2015 2005 days $114.47 Million $57.08K/day $- $102.79 Million ▲ +1672 days
2014 333 days $20.77 Million $62.41K/day $- $7.13 Million ▲ +196 days
2013 137 days $10.89 Million $79.28K/day $- $4.34 Million ▲ +17 days
2012 120 days $11.68 Million $97.09K/day $- $2.77 Million ▼ -67 days
2011 188 days $22.43 Million $119.57K/day $- $10.00 Million ▼ -151 days
2010 339 days $33.09 Million $97.62K/day $- $19.35 Million ▲ +6 days
2009 333 days $47.60 Million $142.94K/day $- $37.20 Million ▲ +2 days
2008 331 days $64.02 Million $193.46K/day $- $51.92 Million ▲ +102 days
2007 228 days $31.90 Million $139.64K/day $- $17.60 Million ▲ +166 days
2006 62 days $29.03 Million $467.97K/day $- $13.45 Million ▼ -2 days
2005 64 days $41.13 Million $644.41K/day $- $20.17 Million ▼ -22 days
2004 86 days $51.03 Million $593.73K/day $- $20.18 Million ▼ -313 days
2003 399 days $59.05 Million $148.08K/day $- $40.00 Million ▲ +50 days
2002 349 days $29.18 Million $83.66K/day $- $21.82 Million ▲ +41 days
2001 308 days $26.75 Million $86.92K/day $- $16.95 Million ▼ -43 days
2000 350 days $27.26 Million $77.85K/day $- $14.44 Million ▲ +15 days
1999 335 days $19.00 Million $56.71K/day $- $17.30 Million ▲ +253 days
1996 82 days $3.10 Million $37.81K/day $- $- ▲ +29 days
1995 53 days $2.30 Million $43.01K/day $- $- ▼ -1 days
1994 54 days $1.20 Million $22.19K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)