Pangaea Logistics Solutions (PANL) Asset Writedowns and Impairment (2014 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Asset Writedowns and Impairment came in at $790000.0 in Q1 2026, down 31.84% year-over-year from $1.2 million in Q1 2025, and up 115.77% quarter-over-quarter from $366138.0 in Q4 2025.
Analysis
Pangaea Logistics Solutions (PANL) Asset Writedowns and Impairment (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Asset Writedowns and Impairment across 12 years of filings, most recently posting $790000.0 for Q1 2026.
- In Q1 2026, Asset Writedowns and Impairment fell 31.84% year-over-year to $790000.0; the TTM figure through Jun 2026 stood at $1.3 million (down 41.4% YoY), while the FY2025 annual figure was $1.5 million, down 16.08% from the prior year.
- Asset Writedowns and Impairment came in at $790000.0 for Q1 2026 at Pangaea Logistics Solutions, up from $366138.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $3.0 million in Q1 2022 to a low of -$170525.0 in Q1 2023.
- Average Asset Writedowns and Impairment over 5 years is $827337.6, with a median of $478983.0 recorded in 2024.
- Year-over-year, Asset Writedowns and Impairment surged 1599.48% in 2022 and plunged 105.67% in 2023.
- Over 5 years, Asset Writedowns and Impairment stood at $3.0 million in 2022, then slumped by 33.33% to $2.0 million in 2023, then plunged by 91.83% to $163803.0 in 2024, then soared by 123.52% to $366138.0 in 2025, then surged by 115.77% to $790000.0 in 2026.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $790000.0 in Q1 2026, $366138.0 in Q4 2025, and $107862.0 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 790,000.00 |
| Dec 31, 2025 | 366,138.00 |
| Sep 30, 2025 | 107,862.00 |
| Mar 31, 2025 | 1.16 Mn |
| Dec 31, 2024 | 163,803.00 |
| Sep 30, 2024 | 834,134.00 |
| Jun 30, 2024 | 478,983.00 |
| Mar 31, 2024 | 358,080.00 |
| Dec 31, 2023 | 2.01 Mn |
| Mar 31, 2023 | -170,525.00 |
| Mar 31, 2022 | 3.01 Mn |
| Dec 31, 2021 | 1.37 Mn |
| Mar 31, 2021 | 176,984.00 |
| Jun 30, 2020 | 1.80 Mn |
| Mar 31, 2020 | -185,331.00 |
| Dec 31, 2019 | 4.80 Mn |
| Mar 31, 2019 | 487,372.00 |
| Dec 31, 2017 | 554,356.00 |
| Jun 30, 2017 | -158,101.00 |
| Mar 31, 2017 | 147,745.00 |