Pangaea Logistics Solutions Ltd. (PANL)
NASDAQ: PANL · Real-Time Price · USD
7.67
+0.23 (3.09%)
At close: Aug 17, 2026, 4:00 PM EDT
7.67
0.00 (0.00%)
After-hours: Aug 17, 2026, 4:54 PM EDT
PANL Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 105.68 | 103.05 | 86.81 | 99.04 | 128.38 | 56.21 |
Cash & Short-Term Investments | 105.68 | 103.05 | 86.81 | 99.04 | 128.38 | 56.21 |
Cash Growth | 78.35% | 18.72% | -12.35% | -22.86% | 128.41% | 19.86% |
Accounts Receivable | 59.15 | 55.85 | 42.37 | 47.89 | 36.76 | 54.26 |
Other Receivables | 16.98 | 11.19 | 7.35 | 5.78 | 7.72 | 17.01 |
Receivables | 76.12 | 67.04 | 49.72 | 53.67 | 44.48 | 71.27 |
Inventory | 51.1 | 28.39 | 32.85 | 16.56 | 29.1 | 27.15 |
Prepaid Expenses | 14.51 | 7.92 | 9.52 | 7.07 | 4.78 | 5.96 |
Other Current Assets | 18.54 | 9.38 | 13.1 | 15.49 | 15.77 | 23.38 |
Total Current Assets | 265.94 | 215.78 | 191.99 | 191.83 | 222.51 | 183.96 |
Property, Plant & Equipment | 683.57 | 704.38 | 736.6 | 504.66 | 520.45 | 517.11 |
Long-Term Investments | 3.37 | 3.99 | 3.75 | 3.81 | 5.28 | 3.96 |
Goodwill | 3.11 | 3.11 | 3.11 | 3.1 | - | - |
Other Intangible Assets | 0.42 | 0.58 | 1.01 | 1.78 | - | - |
Other Long-Term Assets | 0.27 | 0.27 | -0 | - | - | 1.99 |
Total Assets | 956.68 | 928.1 | 936.46 | 705.18 | 748.24 | 707.02 |
Accounts Payable | 19.23 | 14.33 | 16 | 34.35 | 9.98 | 7.03 |
Accrued Expenses | 64.87 | 39.55 | 30.58 | - | 28.57 | 39.58 |
Short-Term Debt | - | - | - | - | - | 2.79 |
Current Portion of Long-Term Debt | 78.68 | 44.81 | 41.84 | 49.73 | 15.78 | 15.44 |
Current Portion of Leases | 1 | 2.08 | 2.84 | 2.99 | 16.37 | 14.48 |
Current Unearned Revenue | 27.81 | 24.89 | 15.45 | 15.63 | 20.88 | 32.21 |
Other Current Liabilities | 0.61 | 2.39 | 2.39 | 2.64 | 0.63 | 0.21 |
Total Current Liabilities | 192.18 | 128.03 | 109.11 | 105.33 | 92.21 | 111.74 |
Long-Term Debt | 261.9 | 316.93 | 342.25 | 198.48 | 98.82 | 105.84 |
Long-Term Leases | 7.91 | 8.4 | 10.43 | 13.23 | 168.51 | 170.96 |
Other Long-Term Liabilities | - | - | -0 | 17.94 | 19.97 | 17.81 |
Total Liabilities | 462 | 453.36 | 461.79 | 334.98 | 379.52 | 406.34 |
Common Stock | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 |
Additional Paid-In Capital | 259.39 | 257.07 | 258.66 | 164.85 | 162.89 | 161.53 |
Retained Earnings | 189.23 | 172.26 | 169.16 | 159.03 | 151.33 | 85.66 |
Comprehensive Income & Other | - | -0 | 0 | - | - | - |
Total Common Equity | 448.63 | 429.33 | 427.82 | 323.89 | 314.23 | 247.2 |
Minority Interest | 46.05 | 45.4 | 46.84 | 46.31 | 54.5 | 53.48 |
Shareholders' Equity | 494.68 | 474.74 | 474.67 | 370.2 | 368.72 | 300.68 |
Total Liabilities & Equity | 956.68 | 928.1 | 936.46 | 705.18 | 748.24 | 707.02 |
Total Debt | 349.49 | 372.21 | 397.37 | 264.44 | 299.48 | 309.51 |
Net Cash (Debt) | -243.81 | -269.15 | -310.57 | -165.4 | -171.1 | -253.3 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -3.74 | -4.16 | -6.74 | -3.64 | -3.80 | -5.65 |
Filing Date Shares Outstanding | 65.47 | 65.32 | 65.63 | 46.72 | 46.48 | 45.73 |
Total Common Shares Outstanding | 65.47 | 64.97 | 64.96 | 46.47 | 45.9 | 45.62 |
Working Capital | 73.76 | 87.74 | 82.89 | 86.49 | 130.3 | 72.22 |
Book Value Per Share | 6.85 | 6.61 | 6.59 | 6.97 | 6.85 | 5.42 |
Tangible Book Value | 445.1 | 425.65 | 423.71 | 319 | 314.23 | 247.2 |
Tangible Book Value Per Share | 6.80 | 6.55 | 6.52 | 6.87 | 6.85 | 5.42 |
Land | - | 3.24 | 3 | 2.57 | 2.54 | 2.54 |
Machinery | - | 854.27 | 856.78 | 598.71 | 582.83 | 569.63 |