Pangaea Logistics Solutions Debt to Equity Ratio 2012-2024 | 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 September 30, 2024 was 0.72.
| Pangaea Logistics Solutions Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2024-09-30 | $0.37B | $0.38B | 0.98 |
| 2024-06-30 | $0.32B | $0.38B | 0.84 |
| 2024-03-31 | $0.32B | $0.38B | 0.85 |
| 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 | $0.341B | $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 | $28.175B | 4.56 |
| COSCO SHIPPING Holdings (CICOY) | China | $24.899B | 0.00 |
| Nippon Yusen Kabushiki Kaisha (NPNYY) | Japan | $15.720B | 5.33 |
| Orient Overseas (OROVY) | Hong Kong, SAR China | $9.222B | 0.00 |
| Keppel (KPELY) | Singapore | $9.157B | 0.00 |
| Kirby (KEX) | United States | $5.764B | 18.48 |
| Golar LNG (GLNG) | Bermuda | $4.130B | 17.20 |
| Frontline (FRO) | Bermuda | $3.640B | 8.01 |
| ZIM Integrated Shipping Services (ZIM) | Israel | $2.631B | 1.83 |
| Hafnia (HAFN) | Singapore | $2.524B | 2.93 |
| Scorpio Tankers (STNG) | $2.120B | 4.22 | |
| CMB.TECH Nv (CMBT) | Belgium | $1.916B | 5.30 |
| Golden Ocean Group (GOGL) | Bermuda | $1.860B | 7.38 |
| International Seaways (INSW) | United States | $1.847B | 4.15 |
| TORM (TRMD) | United Kingdom | $1.803B | 2.67 |
| DHT Holdings (DHT) | Bermuda | $1.731B | 9.58 |
| Cadeler (CDLR) | Denmark | $1.632B | 0.00 |
| Danaos (DAC) | Greece | $1.605B | 3.07 |
| Teekay Tankers (TNK) | Bermuda | $1.416B | 4.02 |
| SFL (SFL) | Bermuda | $1.297B | 9.00 |
| Navios Maritime Partners LP (NMM) | $1.294B | 3.88 | |
| Star Bulk Carriers (SBLK) | Greece | $1.284B | 5.66 |
| Flex LNG (FLNG) | Bermuda | $1.245B | 9.79 |
| Costamare (CMRE) | $1.233B | 3.71 | |
| Navigator Holdings (NVGS) | United Kingdom | $1.149B | 12.47 |
| Pacific Basin Shipping (PCFBY) | Hong Kong, SAR China | $1.093B | 0.00 |
| Capital Clean Energy Carriers (CCEC) | Greece | $1.086B | 13.68 |
| Dorian LPG (LPG) | United States | $0.966B | 5.71 |
| Global Ship Lease (GSL) | Greece | $0.821B | 2.24 |
| Okeanis Eco Tankers (ECO) | Greece | $0.711B | 6.65 |
| Genco Shipping & Trading (GNK) | United States | $0.593B | 8.41 |
| Nordic American Tankers (NAT) | Bermuda | $0.545B | 9.00 |
| Tsakos Energy Navigation (TEN) | Greece | $0.503B | 3.76 |
| Ardmore Shipping (ASC) | Bermuda | $0.426B | 3.58 |
| Safe Bulkers (SB) | $0.396B | 5.53 | |
| Cool (CLCO) | Bermuda | $0.389B | 0.00 |
| Euroseas (ESEA) | Greece | $0.231B | 2.18 |
| Diana Shipping Inc (DSX) | Greece | $0.225B | 16.36 |
| StealthGas (GASS) | Greece | $0.219B | 3.13 |
| Himalaya Shipping (HSHP) | Bermuda | $0.207B | 10.79 |
| KNOT Offshore Partners LP (KNOP) | United Kingdom | $0.185B | 0.00 |
| SEACOR Marine Holdings (SMHI) | United States | $0.167B | 0.00 |
| Seanergy Maritime Holdings Corp (SHIP) | Greece | $0.144B | 2.97 |
| Martin Midstream Partners (MMLP) | United States | $0.139B | 0.00 |
| Imperial Petroleum (IMPP) | Greece | $0.078B | 1.68 |
| Toro (TORO) | $0.050B | 4.02 | |
| Pyxis Tankers (PXS) | Greece | $0.038B | 1.30 |
| EuroDry (EDRY) | Greece | $0.030B | 0.00 |
| Globus Maritime (GLBS) | Greece | $0.028B | 19.29 |
| Castor Maritime (CTRM) | $0.025B | 0.91 | |
| Performance Shipping (PSHG) | Greece | $0.021B | 1.48 |
| United Maritime (USEA) | Greece | $0.016B | 0.00 |
| Odyssey Marine Exploration (OMEX) | United States | $0.010B | 0.00 |
| OceanPal (OP) | Greece | $0.008B | 0.00 |
| Icon Energy (ICON) | Greece | $0.003B | 0.00 |
| C3is (CISS) | Greece | $0.000B | 0.01 |
| Pingtan Marine Enterprise (PME) | China | $0.000B | 0.00 |
| BW LPG (BWLP) | Singapore | $0.000B | 0.00 |