Ionis Pharmaceuticals, Inc. (IONS)

Solvency & Capital Structure

Total Debt

$2.42B

Net Debt

$363.9M

Ionis Pharmaceuticals, Inc. currently has $2.42B in total debt. Net debt is $363.9M after cash offsets.

Financial Fundamentals

IONS • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	2.42	2.05	0.36	2.99	80.8%
2026-03-31	2.04	1.92	0.12	3.45	59.2%
2025-12-31	2.61	2.68	-0.06Net Cash	3.52	74.2%
2025-09-30	1.49	2.24	-0.75Net Cash	3.03	49.1%
2025-06-30	1.42	2.29	-0.87Net Cash	2.99	47.6%
2025-03-31	1.96	2.15	-0.19Net Cash	2.81	69.6%
2024-12-31	1.42	2.30	-0.88Net Cash	3.00	47.2%
2024-09-30	1.45	2.48	-1.04Net Cash	3.08	47.0%
2024-06-30	1.44	2.08	-0.64Net Cash	2.69	53.6%
2024-03-31	1.44	2.21	-0.76Net Cash	2.76	52.2%
2023-12-31	1.45	2.33	-0.88Net Cash	2.99	48.6%
2023-09-30	1.97	2.24	-0.26Net Cash	2.93	67.3%
2023-06-30	1.49	2.39	-0.90Net Cash	2.97	50.2%
2023-03-31	1.36	2.35	-0.99Net Cash	2.89	47.2%
2022-12-31	1.37	1.99	-0.62Net Cash	2.53	54.0%
2022-09-30	1.22	1.98	-0.76Net Cash	2.42	50.6%
2022-06-30	1.22	2.02	-0.80Net Cash	2.46	49.8%
2022-03-31	1.22	2.05	-0.83Net Cash	2.52	48.5%
2021-12-31	1.25	2.11	-0.86Net Cash	2.61	47.9%
2021-09-30	1.28	1.99	-0.71Net Cash	2.41	53.1%
2021-06-30	1.28	2.06	-0.78Net Cash	2.50	51.3%
2021-03-31	0.91	1.82	-0.91Net Cash	2.25	40.5%
2020-12-31	0.91	1.89	-0.98Net Cash	2.39	38.0%
2020-09-30	0.80	2.33	-1.52Net Cash	3.10	26.0%
2020-06-30	0.79	2.35	-1.55Net Cash	3.08	25.8%
2020-03-31	0.78	2.38	-1.60Net Cash	3.09	25.4%
2019-12-31	0.77	2.50	-1.73Net Cash	3.23	23.9%
2019-09-30	0.66	2.22	-1.56Net Cash	2.89	22.7%
2019-06-30	0.66	2.26	-1.60Net Cash	2.88	23.0%
2019-03-31	0.65	2.25	-1.60Net Cash	2.84	23.0%
2018-12-31	0.64	2.08	-1.44Net Cash	2.67	24.1%
2018-09-30	0.63	1.96	-1.33Net Cash	2.25	28.2%
2018-06-30	0.61	1.98	-1.37Net Cash	2.25	27.2%
2018-03-31	0.60	1.04	-0.43Net Cash	1.30	46.3%
2017-12-31	0.59	1.02	-0.43Net Cash	1.32	44.9%
2017-09-30	0.58	1.01	-0.43Net Cash	1.25	46.7%
2017-06-30	0.59	0.86	-0.27Net Cash	1.09	54.0%
2017-03-31	0.58	0.86	-0.28Net Cash	1.08	53.6%
2016-12-31	0.57	0.67	-0.09Net Cash	0.91	62.9%
2016-09-30	0.48	0.70	-0.22Net Cash	0.84	56.9%
2016-06-30	0.48	0.67	-0.19Net Cash	0.81	59.5%
2016-03-31	0.48	0.72	-0.25Net Cash	0.88	54.4%
2015-12-31	0.47	0.80	-0.33Net Cash	0.95	49.6%
2015-09-30	0.46	0.83	-0.37Net Cash	0.99	47.0%
2015-06-30	0.46	0.82	-0.36Net Cash	0.98	47.1%
2015-03-31	0.45	0.79	-0.33Net Cash	0.96	47.6%
2014-12-31	0.45	0.81	-0.36Net Cash	0.96	47.1%
2014-09-30	0.23	0.64	-0.41Net Cash	0.79	29.1%
2014-06-30	0.23	0.65	-0.42Net Cash	0.82	28.1%
2014-03-31	0.23	0.69	-0.47Net Cash	0.83	27.3%
2013-12-31	0.23	0.71	-0.48Net Cash	0.85	26.7%
2013-09-30	0.22	0.74	-0.51Net Cash	0.88	25.5%
2013-06-30	0.22	0.65	-0.43Net Cash	0.79	28.3%
2013-03-31	0.22	0.42	-0.20Net Cash	0.55	39.9%
2012-12-31	0.22	0.41	-0.19Net Cash	0.55	40.2%
2012-09-30	0.23	0.34	-0.12Net Cash	0.49	46.6%
2012-06-30	0.23	0.34	-0.10Net Cash	0.47	48.9%
2012-03-31	0.22	0.33	-0.11Net Cash	0.47	46.8%
2011-12-31	0.21	0.34	-0.13Net Cash	0.48	44.3%
2011-09-30	0.22	0.36	-0.15Net Cash	0.51	42.9%
2011-06-30	0.21	0.40	-0.19Net Cash	0.53	38.9%
2011-03-31	0.16	0.43	-0.27Net Cash	0.51	30.7%
2010-12-31	0.15	0.47	-0.32Net Cash	0.55	28.0%
2010-09-30	0.15	0.50	-0.35Net Cash	0.58	26.1%
2010-06-30	0.15	0.52	-0.37Net Cash	0.61	24.7%
2010-03-31	0.15	0.52	-0.37Net Cash	0.60	24.3%
2009-12-31	0.14	0.57	-0.43Net Cash	0.66	21.4%
2009-09-30	0.14	0.61	-0.47Net Cash	0.68	20.6%
2009-06-30	0.14	0.64	-0.50Net Cash	0.71	19.1%
2009-03-31	0.13	0.65	-0.52Net Cash	0.72	18.5%
2008-12-31	0.17	0.49	-0.32Net Cash	0.57	30.4%
2008-09-30	0.17	0.51	-0.34Net Cash	0.58	28.7%
2008-06-30	0.17	0.54	-0.37Net Cash	0.61	28.2%
2008-03-31	0.17	0.34	-0.17Net Cash	0.41	41.5%
2007-12-31	0.17	0.19	-0.02Net Cash	0.26	65.7%
2007-09-30	0.17	0.15	0.03	0.21	80.8%
2007-06-30	0.17	0.20	-0.03Net Cash	0.26	66.1%
2007-03-31	0.26	0.29	-0.03Net Cash	0.35	73.4%
2006-12-31	0.14	0.19	-0.05Net Cash	0.26	54.8%
2006-09-30	0.14	0.13	0.02	0.19	75.8%
2006-06-30	0.14	0.14	0.01	0.20	71.3%
2006-03-31	0.15	0.08	0.07	0.15	96.8%
2005-12-31	0.15	0.09	0.05	0.17	88.8%
2005-09-30	0.15	0.10	0.05	0.18	84.7%
2005-06-30	0.25	0.06	0.19	0.15	173.0%
2005-03-31	0.25	0.08	0.17	0.18	144.1%
2004-12-31	0.25	0.10	0.14	0.21	118.6%
2004-09-30	0.24	0.13	0.11	0.26	93.8%
2004-06-30	0.23	0.15	0.09	0.28	83.7%
2004-03-31	0.23	0.18	0.05	0.31	73.5%
2003-12-31	0.23	0.22	0.01	0.33	68.6%
2003-09-30	0.23	0.23	-0.00Net Cash	0.35	65.7%
2003-06-30	0.21	0.26	-0.05Net Cash	0.37	56.8%
2003-03-31	0.22	0.27	-0.05Net Cash	0.42	53.1%
2002-12-31	0.23	0.29	-0.06Net Cash	0.44	52.1%
2002-09-30	0.19	0.29	-0.10Net Cash	0.42	44.6%
2002-06-30	0.20	0.33	-0.12Net Cash	0.44	45.4%
2002-03-31	0.14	0.29	-0.15Net Cash	0.40	35.9%
2001-12-31	0.14	0.31	-0.18Net Cash	0.42	32.5%
2001-09-30	0.15	0.21	-0.06Net Cash	0.29	51.3%
2001-06-30	0.13	0.11	0.02	0.19	68.5%
2001-03-31	0.11	0.11	0.00	0.16	66.6%
2000-12-31	0.11	0.13	-0.02Net Cash	0.18	58.3%
2000-09-30	0.10	0.12	-0.02Net Cash	0.18	56.6%
2000-06-30	0.10	0.12	-0.02Net Cash	0.18	55.5%
2000-03-31	0.10	0.09	0.00	0.15	62.6%
1999-12-31	0.09	0.05	0.04	0.10	88.5%
1999-09-30	0.09	0.04	0.05	0.09	95.4%
1999-06-30	0.09	0.03	0.05	0.10	90.1%
1999-03-31	0.08	0.02	0.06	0.08	99.5%
1998-12-31	0.08	0.03	0.05	0.10	84.6%
1998-09-30	0.08	0.04	0.04	0.11	71.3%
1998-06-30	0.07	0.04	0.04	0.12	63.0%
1998-03-31	0.06	0.03	0.03	0.10	58.1%
1997-12-31	0.06	0.04	0.02	0.12	49.9%
1997-09-30	0.04	0.03	0.01	0.10	36.6%
1997-06-30	0.04	0.04	-0.00Net Cash	0.10	35.4%
1997-03-31	0.03	0.03	-0.00Net Cash	0.10	26.4%
1996-12-31	0.03	0.04	-0.01Net Cash	0.10	25.8%
1996-09-30	0.01	0.03	-0.02Net Cash	0.08	11.9%