Altman Z Score Analysis of Ligand Pharmaceuticals Incorp. - Deep Dive


Latest FY Altman Z Score
Period Ending - Dec-23

1.42


Not Good Altman Z Score
Period Ending - Dec-22
681.81

Excellent Altman Z Score
Growth
-99.79 %
Latest Altman Z Score
Period Ending - 31-May-24

8.44


Not Good Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 22.06 Cr / 83.31 Cr ) * 1.2 0.318
(Retained Earning / Total Assets ) * 1.4 ( 50.30 Cr / 83.31 Cr ) * 1.4 0.845
(EBIT / Total Assets ) * 3.3 ( 1.95 Cr / 83.31 Cr ) * 3.3 0.077
(Total Revenue / Total Assets ) ( 15.36 Cr / 83.31 Cr ) 0.184
(Market Cap / Total Liabilities ) *.6 ( 152.78 Cr / 13.07 Cr ) *.6 7.01
Altman Z Score8.44
Altman Z Score Analysis of Ligand Pharmaceuticals Incorp.
Altman Z Score Ratio with value of 681.81 was highest in Year Dec-22 in last Five Years.
Altman Z Score Ratio with value of 0.771 was lowest in Year Dec-21 in last Five Years.
Latest Altman Z Score Ratio with value of 1.42 is lower than Average Altman Z Score of 137.62 in last five years.
Other Altman Z Score Related Info of LGND that may interest you.
Ligand Pharmaceuticals Incorp. Overview
CodePricePrevious PricePrice ChangeSector
LGND85.0583.96 1.30 % Biotechnology
Fundamental AnalysisTechnical Analysis
Defination of Altman Z Score
Altman Z Score is a widely used metric by analysts and investors to analyze companies' financial position. It indicates that the companies' risks were increasing, and they may have been heading towards bankruptcy. It does not only indicate whether companies are moving towards bankruptcy, but it also indicates how financially stable and healthy they are.   more ..
Altman Z Score Formula

Altman Z Score Related Ratios
PiotroskiFScoreDebtToEquityRatio

Tsr Stability Index
Excellent Stability
FY - Historical Altman Z Score of Ligand Pharmaceuticals Incorp.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Altman Z Score1.42681.810.7710.9333.181.28-0.348
Change-99.79 %88293.01 %-17.35 %-70.66 %149.44 %466.40 %55.06 %
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FY Chart of Altman Z Score of Ligand Pharmaceuticals Incorp.


Note : All Data Generated at the End of Trading Hours (EOD Data)