Pangaea Logistics Solutions Debt to Equity Ratio 2012-2023 | PANL
Current and historical debt to equity ratio values for Pangaea Logistics Solutions (PANL) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Pangaea Logistics Solutions debt/equity for the three months ending December 31, 2023 was 0.57.
| Pangaea Logistics Solutions Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2023-12-31 | $0.34B | $0.37B | 0.91 |
| 2023-09-30 | $0.35B | $0.38B | 0.93 |
| 2023-06-30 | $0.36B | $0.36B | 1.00 |
| 2023-03-31 | $0.37B | $0.36B | 1.01 |
| 2022-12-31 | $0.38B | $0.37B | 1.03 |
| 2022-09-30 | $0.38B | $0.36B | 1.07 |
| 2022-06-30 | $0.41B | $0.34B | 1.21 |
| 2022-03-31 | $0.41B | $0.32B | 1.31 |
| 2021-12-31 | $0.41B | $0.30B | 1.35 |
| 2021-09-30 | $0.37B | $0.28B | 1.31 |
| 2021-06-30 | $0.32B | $0.26B | 1.24 |
| 2021-03-31 | $0.21B | $0.24B | 0.86 |
| 2020-12-31 | $0.22B | $0.23B | 0.92 |
| 2020-09-30 | $0.22B | $0.23B | 0.95 |
| 2020-06-30 | $0.20B | $0.24B | 0.82 |
| 2020-03-31 | $0.22B | $0.24B | 0.90 |
| 2019-12-31 | $0.24B | $0.24B | 0.97 |
| 2019-09-30 | $0.24B | $0.25B | 0.96 |
| 2019-06-30 | $0.22B | $0.24B | 0.93 |
| 2019-03-31 | $0.21B | $0.24B | 0.88 |
| 2018-12-31 | $0.22B | $0.23B | 0.94 |
| 2018-09-30 | $0.22B | $0.23B | 0.96 |
| 2018-06-30 | $0.21B | $0.22B | 0.96 |
| 2018-03-31 | $0.20B | $0.21B | 0.92 |
| 2017-12-31 | $0.21B | $0.21B | 1.01 |
| 2017-09-30 | $0.21B | $0.21B | 1.03 |
| 2017-06-30 | $0.22B | $0.19B | 1.16 |
| 2017-03-31 | $0.21B | $0.19B | 1.14 |
| 2016-12-31 | $0.19B | $0.18B | 1.05 |
| 2016-09-30 | $0.18B | $0.18B | 1.01 |
| 2016-06-30 | $0.18B | $0.17B | 1.09 |
| 2016-03-31 | $0.19B | $0.17B | 1.12 |
| 2015-12-31 | $0.20B | $0.17B | 1.22 |
| 2015-09-30 | $0.24B | $0.12B | 2.02 |
| 2015-06-30 | $0.24B | $0.12B | 2.12 |
| 2015-03-31 | $0.26B | $0.11B | 2.36 |
| 2014-12-31 | $0.23B | $0.10B | 2.31 |
| 2014-09-30 | $0.00B | 0.00 | |
| 2014-06-30 | $0.21B | $0.11B | 1.98 |
| 2014-03-31 | $0.20B | $0.12B | 1.61 |
| 2013-12-31 | $0.00B | 0.00 | |
| 2013-06-30 | $0.00B | $0.00B | 0.00 |
| 2013-03-31 | $0.00B | $0.00B | 0.00 |
| 2012-12-31 | $0.16B | $0.07B | 2.16 |
| 2011-12-31 | $0.00B | $0.00B | 0.00 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Transportation | Transportation - Shipping | $0.335B | $0.499B |
| Pangaea Logistics Solutions Ltd. operates as a global logistics company. It provides seaborne drybulk transportation services. The Company provides logistics services to a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. It provides dry bulk cargo transportation services for steel, aluminum, energy, agricultural, and other sectors. Pangaea Logistics Solutions Ltd. is headquartered in Newport, Rhode Island. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| A.P Moller-Maersk (AMKBY) | Denmark | $28.135B | 0.00 |
| Nippon Yusen Kabushiki Kaisha (NPNYY) | Japan | $13.877B | 8.63 |
| Orient Overseas (OROVY) | Hong Kong, SAR China | $9.509B | 0.00 |
| Keppel (KPELY) | Singapore | $8.759B | 0.00 |
| Kirby (KEX) | United States | $6.330B | 25.57 |
| Frontline (FRO) | Bermuda | $5.207B | 8.89 |
| Hafnia (HAFN) | $3.877B | 0.00 | |
| Scorpio Tankers (STNG) | $3.681B | 6.68 | |
| Golden Ocean Group (GOGL) | Bermuda | $2.821B | 25.69 |
| TORM (TRMD) | United Kingdom | $2.756B | 4.93 |
| International Seaways (INSW) | United States | $2.680B | 5.16 |
| Golar LNG (GLNG) | Bermuda | $2.569B | 8.56 |
| Star Bulk Carriers (SBLK) | Greece | $2.063B | 12.92 |
| Teekay Tankers (TNK) | Bermuda | $1.974B | 3.95 |
| DHT Holdings (DHT) | Bermuda | $1.838B | 11.51 |
| SFL (SFL) | Bermuda | $1.837B | 20.40 |
| Pacific Basin Shipping (PCFBY) | Hong Kong, SAR China | $1.801B | 0.00 |
| Dorian LPG (LPG) | United States | $1.668B | 5.39 |
| ZIM Integrated Shipping Services (ZIM) | Israel | $1.607B | 0.00 |
| Cadeler (CDLR) | Denmark | $1.586B | 0.00 |
| Danaos (DAC) | Greece | $1.483B | 2.68 |
| Costamare (CMRE) | $1.445B | 5.90 | |
| Navios Maritime Partners LP (NMM) | $1.285B | 3.42 | |
| Navigator Holdings (NVGS) | United Kingdom | $1.108B | 13.28 |
| Genco Shipping & Trading (GNK) | United States | $0.930B | 32.48 |
| Nordic American Tankers (NAT) | Bermuda | $0.810B | 8.26 |
| Global Ship Lease (GSL) | Greece | $0.804B | 2.53 |
| Tsakos Energy Navigation (TNP) | Greece | $0.759B | 3.68 |
| Teekay (TK) | Bermuda | $0.683B | 4.78 |
| Ardmore Shipping (ASC) | Bermuda | $0.678B | 6.11 |
| Safe Bulkers (SB) | $0.564B | 7.77 | |
| Cool (CLCO) | Bermuda | $0.434B | 0.00 |
| Overseas Shipholding (OSG) | United States | $0.430B | 7.97 |
| Capital Product Partners (CPLP) | Greece | $0.346B | 7.89 |
| SEACOR Marine Holdings (SMHI) | United States | $0.336B | 0.00 |
| Diana Shipping Inc (DSX) | Greece | $0.332B | 6.68 |
| Himalaya Shipping (HSHP) | Bermuda | $0.326B | 0.00 |
| Euroseas (ESEA) | Greece | $0.239B | 2.28 |
| StealthGas (GASS) | Greece | $0.219B | 4.56 |
| Seanergy Maritime Holdings Corp (SHIP) | Greece | $0.182B | 30.90 |
| KNOT Offshore Partners LP (KNOP) | United Kingdom | $0.178B | 11.91 |
| Imperial Petroleum (IMPP) | Greece | $0.107B | 0.95 |
| Martin Midstream Partners (MMLP) | United States | $0.106B | 30.11 |
| Toro (TORO) | $0.078B | 2.68 | |
| Odyssey Marine Exploration (OMEX) | United States | $0.073B | 0.00 |
| EuroDry (EDRY) | Greece | $0.058B | 169.12 |
| Pyxis Tankers (PXS) | Greece | $0.048B | 1.55 |
| Globus Maritime (GLBS) | Greece | $0.039B | 7.27 |
| Castor Maritime (CTRM) | $0.029B | 2.33 | |
| Performance Shipping (PSHG) | Greece | $0.026B | 1.12 |
| United Maritime (USEA) | Greece | $0.021B | 0.00 |
| OceanPal (OP) | Greece | $0.019B | 0.00 |
| C3is (CISS) | Greece | $0.000B | 0.00 |
| Okeanis Eco Tankers (ECO) | Greece | $0.000B | 0.00 |
| Pingtan Marine Enterprise (PME) | China | $0.000B | 0.00 |
| Euronav (EURN) | Belgium | $0.000B | 5.93 |
| Flex LNG (FLNG) | Bermuda | $0.000B | 10.27 |
| Grindrod Shipping Holdings (GRIN) | Singapore | $0.000B | 0.00 |