Quick Ratio Analysis of Ligand Pharmaceuticals Incorp. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
12.72
Period Ending - Dec-22
Good Quick Ratio
2.53
Growth
402.11 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Very Poor Quick Ratio
-14.36
Quick Ratio Analysis of Ligand Pharmaceuticals Incorp.
| Quick Ratio of Ligand Pharmaceuticals Incorp. with value of 12.72 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Ligand Pharmaceuticals Incorp. with value of -14.36 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of LGND rose handsomely by 402.11 % this year. |
| Quick Ratio with value of 65.66 was highest in Year Dec-19 in last Five Years. |
| Quick Ratio with value of 2.53 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 12.72 is lower than Average Quick Ratio of 19.23 in last five years. |
Other Quick Ratio Related Info of LGND that may interest you.
Ligand Pharmaceuticals Incorp. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| LGND | 85.05 | 83.96 | 1.30 % | Biotechnology |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Excellent Stability | |
FY - Historical Quick Ratio of Ligand Pharmaceuticals Incorp.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 12.72 | 2.53 | 10.50 | 4.74 | 65.66 | 10.50 | 0.974 |
| Change | 402.11 % | -75.87 % | 121.70 % | -92.79 % | 525.48 % | 977.82 % | 37.29 % |
FY Chart of Quick Ratio of Ligand Pharmaceuticals Incorp.
Note : All Data Generated at the End of Trading Hours (EOD Data)