Pangaea Logistics Solutions Ltd. financial data

Symbol
PANL on Nasdaq
Industry
Deep Sea Foreign Transportation of Freight
Location
109 Long Wharf, Newport, RI
State of incorporation
Bermuda
Fiscal year end
December 31
Former names
Quartet Holdco Ltd. (to 10/2/2014)
Latest financial report
10-K - Q4 2024 - Mar 18, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 197 % +3.45%
Quick Ratio 28.5 % +22.8%
Return On Equity 7.18 % +0.42%
Return On Assets 3.75 % +3.02%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 65.6M shares +40.5%
Common Stock, Shares, Outstanding 65M shares +39.8%
Entity Public Float 244M USD -0.48%
Common Stock, Value, Issued 6.5K USD +39.8%
Weighted Average Number of Shares Outstanding, Basic 45.4M shares +1.29%
Weighted Average Number of Shares Outstanding, Diluted 46M shares +1.44%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 537M USD +7.46%
General and Administrative Expense 24.6M USD +7.94%
Operating Income (Loss) 48.4M USD +8.51%
Nonoperating Income (Expense) -16.7M USD -3.72%
Net Income (Loss) Attributable to Parent 28.9M USD +9.82%
Earnings Per Share, Basic 0.64 USD/shares +8.48%
Earnings Per Share, Diluted 0.63 USD/shares +6.78%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 86.8M USD -12.4%
Accounts Receivable, after Allowance for Credit Loss, Current 42.4M USD -11.5%
Inventory, Net 32.8M USD +98.4%
Other Assets, Current 4.44M USD -24.1%
Assets, Current 192M USD +0.09%
Property, Plant and Equipment, Net 708M USD +49.2%
Intangible Assets, Net (Excluding Goodwill) 1.24M USD
Goodwill 3.1M USD 0%
Other Assets, Noncurrent 4.76M USD -14.8%
Assets 936M USD +32.8%
Accounts Payable, Current 14.8M USD +136%
Accrued Liabilities, Current 11.5M USD -17.9%
Contract with Customer, Liability, Current 15.4M USD -1.17%
Liabilities, Current 109M USD +3.58%
Long-term Debt and Lease Obligation 257M USD +70%
Other Liabilities, Noncurrent 0 USD -100%
Retained Earnings (Accumulated Deficit) 169M USD +6.37%
Stockholders' Equity Attributable to Parent 428M USD +32.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 475M USD +28.2%
Liabilities and Equity 936M USD +32.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 9M USD -22.2%
Net Cash Provided by (Used in) Financing Activities -12M USD +39%
Net Cash Provided by (Used in) Investing Activities -204K USD -102%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 65M shares +39.8%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -3.16M USD -514%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 86.8M USD -12.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Operating Lease, Payments 3.17M USD +12%
Additional Paid in Capital 259M USD +56.9%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 7.44M USD +1.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%