Total Debt
$360M
Net Debt
$270.3M
Pangaea Logistics Solutions, Ltd. currently has $360M in total debt. Net debt is $270.3M after cash offsets.
Financial Fundamentals
PANL • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-03-31 | 0.36 | 0.09 | 0.27 | 0.95 | 37.9% |
| 2025-12-31 | 0.37 | 0.10 | 0.27 | 0.93 | 40.1% |
| 2025-09-30 | 0.35 | 0.09 | 0.26 | 0.93 | 38.1% |
| 2025-06-30 | 0.38 | 0.06 | 0.32 | 0.92 | 41.0% |
| 2025-03-31 | 0.39 | 0.06 | 0.32 | 0.92 | 42.1% |
| 2024-12-31 | 0.40 | 0.09 | 0.31 | 0.94 | 42.4% |
| 2024-09-30 | 0.29 | 0.09 | 0.20 | 0.75 | 38.5% |
| 2024-06-30 | 0.25 | 0.08 | 0.17 | 0.69 | 35.9% |
| 2024-03-31 | 0.26 | 0.10 | 0.16 | 0.70 | 36.6% |
| 2023-12-31 | 0.26 | 0.10 | 0.17 | 0.71 | 37.5% |
| 2023-09-30 | 0.28 | 0.09 | 0.19 | 0.73 | 37.8% |
| 2023-06-30 | 0.28 | 0.08 | 0.20 | 0.72 | 39.0% |
| 2023-03-31 | 0.29 | 0.13 | 0.16 | 0.73 | 39.7% |
| 2022-12-31 | 0.30 | 0.13 | 0.17 | 0.75 | 40.0% |
| 2022-09-30 | 0.30 | 0.12 | 0.18 | 0.74 | 40.3% |
| 2022-06-30 | 0.31 | 0.10 | 0.20 | 0.75 | 40.4% |
| 2022-03-31 | 0.31 | 0.07 | 0.24 | 0.73 | 43.1% |
| 2021-12-31 | 0.31 | 0.06 | 0.25 | 0.71 | 43.4% |
| 2021-09-30 | 0.28 | 0.05 | 0.23 | 0.66 | 42.9% |
| 2021-06-30 | 0.24 | 0.04 | 0.20 | 0.58 | 42.2% |
| 2021-03-31 | 0.15 | 0.04 | 0.11 | 0.45 | 34.4% |
| 2020-12-31 | 0.16 | 0.05 | 0.11 | 0.45 | 35.4% |
| 2020-09-30 | 0.16 | 0.05 | 0.11 | 0.44 | 35.3% |
| 2020-06-30 | 0.16 | 0.05 | 0.11 | 0.44 | 36.7% |
| 2020-03-31 | 0.17 | 0.04 | 0.13 | 0.45 | 36.8% |
| 2019-12-31 | 0.18 | 0.05 | 0.13 | 0.48 | 36.9% |
| 2019-09-30 | 0.19 | 0.03 | 0.15 | 0.48 | 38.3% |
| 2019-06-30 | 0.18 | 0.04 | 0.14 | 0.46 | 39.1% |
| 2019-03-31 | 0.18 | 0.06 | 0.12 | 0.45 | 39.3% |
| 2018-12-31 | 0.17 | 0.05 | 0.12 | 0.45 | 37.4% |
| 2018-09-30 | 0.18 | 0.05 | 0.12 | 0.45 | 38.7% |
| 2018-06-30 | 0.17 | 0.05 | 0.12 | 0.43 | 38.6% |
| 2018-03-31 | 0.16 | 0.03 | 0.13 | 0.41 | 39.5% |
| 2017-12-31 | 0.17 | 0.03 | 0.14 | 0.42 | 40.3% |
| 2017-09-30 | 0.17 | 0.03 | 0.14 | 0.42 | 39.8% |
| 2017-06-30 | 0.17 | 0.03 | 0.14 | 0.41 | 41.7% |
| 2017-03-31 | 0.17 | 0.02 | 0.15 | 0.40 | 42.7% |
| 2016-12-31 | 0.14 | 0.02 | 0.12 | 0.36 | 39.5% |
| 2016-09-30 | 0.14 | 0.03 | 0.11 | 0.35 | 40.2% |
| 2016-06-30 | 0.15 | 0.03 | 0.12 | 0.35 | 42.2% |
| 2016-03-31 | 0.15 | 0.03 | 0.12 | 0.35 | 43.6% |
| 2015-12-31 | 0.16 | 0.04 | 0.12 | 0.37 | 44.2% |
| 2015-09-30 | 0.20 | 0.03 | 0.16 | 0.36 | 55.1% |
| 2015-06-30 | 0.20 | 0.03 | 0.17 | 0.36 | 55.9% |
| 2015-03-31 | 0.21 | 0.04 | 0.17 | 0.37 | 56.8% |
| 2014-12-31 | 0.17 | 0.03 | 0.14 | 0.33 | 50.3% |
| 2014-09-30 | 0.16 | 0.02 | 0.14 | 0.34 | 47.6% |
| 2014-06-30 | 0.14 | 0.00 | 0.14 | 0.10 | 146.0% |
| 2014-03-31 | 0.14 | 0.00 | 0.14 | 0.10 | 138.2% |
| 2013-12-31 | 0.13 | 0.00 | 0.13 | 0.10 | 128.5% |
| 2013-09-30 | 0.00 | 0.00 | 0.00 | 0.00 | 16.5% |
| 2013-06-30 | 0.00 | 0.00 | -0.00Net Cash | 0.00 | 50.0% |