Pangaea Logistics Solutions (PANL) Debt Ratio (2013 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Debt Ratio came in at 0.29 in Q2 2026, up 1.04% year-over-year from 0.29 in Q2 2025, and up 5.58% quarter-over-quarter from 0.27 in Q1 2026.
Analysis
Pangaea Logistics Solutions (PANL) Debt Ratio (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Debt Ratio across 14 years of filings, most recently posting 0.29 for Q2 2026.
- In Q2 2026, Debt Ratio rose 1.04% year-over-year to 0.29; the TTM figure through Jun 2026 stood at 0.29 (up 1.04% YoY), while the FY2025 annual figure was 0.29, down 1.88% from the prior year.
- Debt Ratio came in at 0.29 for Q2 2026 at Pangaea Logistics Solutions, up from 0.27 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.29 in Q4 2024 to a low of 0.15 in Q2 2024.
- Average Debt Ratio over 5 years is 0.22, with a median of 0.2 recorded in 2023.
- Year-over-year, Debt Ratio retreated 26.34% in 2022 and surged 92.74% in 2025.
- Over 5 years, Debt Ratio stood at 0.15 in 2022, then surged by 69.95% to 0.26 in 2023, then grew by 12.79% to 0.29 in 2024, then fell by 1.88% to 0.29 in 2025, then rose by 0.07% to 0.29 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.29 in Q2 2026, 0.27 in Q1 2026, and 0.29 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 0.42 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 0.17 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 0.08 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.23 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 0.31 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 0.16 |
| 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 | 0.28 |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - | 0.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.20 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | 0.21 |