Rigel Pharmaceuticals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents and Short-Term Investments (Details)

Cash, Cash Equivalents and Short-Term Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Cash, cash equivalent and short term investments
Cash and cash equivalents	$ 32,591	$ 17,632	$ 24,946	$ 43,456
Short-term investments	49,711	57,134
Cash, cash equivalents and short-term investments	82,302	74,766
Money market funds
Cash, cash equivalent and short term investments
Cash, cash equivalents and short-term investments	6,750	9,496
U.S. treasury bills
Cash, cash equivalent and short term investments
Cash, cash equivalents and short-term investments		4,300
Government-sponsored enterprises securities
Cash, cash equivalent and short term investments
Cash, cash equivalents and short-term investments	9,062	16,459
Corporate bonds and commercial paper
Cash, cash equivalent and short term investments
Cash, cash equivalents and short-term investments	66,138	44,271
Cash
Cash, cash equivalent and short term investments
Cash, cash equivalents and short-term investments	$ 352	$ 240

- Definition

Cash includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the customer may deposit additional funds at any time and effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid Investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Short-term investments, exclusive of cash equivalents, generally consist of marketable securities intended to be sold within one year (or the normal operating cycle if longer) and may include trading securities, available-for-sale securities, or held-to-maturity securities (if maturing within one year), as applicable.

+ References + Details