Pangaea Logistics Solutions (PANL) Debt Ratio (2013 - 2026)
Pangaea Logistics Solutions (PANL) posted Debt Ratio of 0.27 for Q1 2026, down 4.93% sequentially from 0.29 in Q4 2025, and down 6.34% YoY from 0.29 in Q1 2025.
Pangaea Logistics Solutions (PANL) Debt Ratio (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Debt Ratio for 14 years, with the latest figure at 0.27 in Q1 2026.
- Quarterly Debt Ratio fell 6.34% year-over-year to 0.27 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.27 (down 6.34% YoY) and the FY2025 annual result came in at 0.29, down 1.76% from the prior year.
- Debt Ratio retreated to 0.27 in Q1 2026 per PANL's latest filing, from 0.29 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.29 in Q4 2024 and troughed at 0.13 in Q3 2025.
- A 5-year average of 0.19 and a median of 0.17 in 2022 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio slumped 33.79% in 2022, then soared 113.72% in 2025.
- Over 5 years, Debt Ratio stood at 0.15 in 2022, then gained by 20.32% to 0.18 in 2023, then soared by 58.64% to 0.29 in 2024, then slipped by 1.76% to 0.29 in 2025, then fell by 4.93% to 0.27 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.27, 0.29, and 0.13 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 0.17 |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 0.07 |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 0.29 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 0.27 |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 0.22 |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 0.44 |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 0.19 |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 0.43 |
| 10 | Pangaea Logistics Solutions | 490.71 Mn | 385.03 Mn | - | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | 0.13 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.14 |
| Jun 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.15 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | 0.19 |