Pangaea Logistics Solutions Ltd. Annual Return On Assets in % from 2015 to 2024

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Pangaea Logistics Solutions Ltd. quarterly/annual Return On Assets history and growth rate from 2015 to 2024.
  • Pangaea Logistics Solutions Ltd. Return On Assets for the quarter ending December 31, 2024 was 3.75 %, a 3.02% increase year-over-year.
  • Pangaea Logistics Solutions Ltd. annual Return On Assets for 2024 was 3.75 %, a 3.02% increase from 2023.
  • Pangaea Logistics Solutions Ltd. annual Return On Assets for 2023 was 3.65 %, a 65.9% decline from 2022.
  • Pangaea Logistics Solutions Ltd. annual Return On Assets for 2022 was 10.7 %, a 4.98% decline from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 3.75 +0.11 +3.02% Jan 1, 2024 Dec 31, 2024
2023 3.65 -7.05 -65.9% Jan 1, 2023 Dec 31, 2023
2022 10.7 -0.56 -4.98% Jan 1, 2022 Dec 31, 2022
2021 11.3 +8.71 +342% Jan 1, 2021 Dec 31, 2021
2020 2.54 +0.05 +2.01% Jan 1, 2020 Dec 31, 2020
2019 2.49 -1.56 -38.5% Jan 1, 2019 Dec 31, 2019
2018 4.05 +2.15 +113% Jan 1, 2018 Dec 31, 2018
2017 1.9 -0.2 -9.53% Jan 1, 2017 Dec 31, 2017
2016 2.1 -1.01 -32.5% Jan 1, 2016 Dec 31, 2016
2015 3.11 Jan 1, 2015 Dec 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.