Pangaea Logistics Solutions (PANL) Debt to Equity (2013 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Debt to Equity came in at $0.23 in Q1 2026, down 15.68% year-on-year from $0.27 in Q1 2025, and down 5.84% quarter-over-quarter from $0.24 in Q4 2025.
Pangaea Logistics Solutions (PANL) Debt to Equity (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Debt to Equity across 14 years of filings, most recently posting $0.23 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.23, down 15.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.23 (down 15.68% YoY), and the FY2025 annual result was $0.24, down 58.34% from the prior year.
- Debt to Equity came in at $0.23 for Q1 2026 at Pangaea Logistics Solutions, down from $0.24 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.58 in Q4 2024 to a low of $0.23 in Q1 2026.
- The 5-year median for Debt to Equity is $0.27 (2023), against an average of $0.3.
- Across the five-year window, Debt to Equity soared 115.23% in 2024 and slumped 58.34% in 2025, its largest moves.
- Pangaea Logistics Solutions' Debt to Equity stood at $0.31 in 2022, then retreated by 13.79% to $0.27 in 2023, then jumped by 115.23% to $0.58 in 2024, then slumped by 58.34% to $0.24 in 2025, then dropped by 5.84% to $0.23 in 2026.
- The last three Debt to Equity figures came in at $0.23 (Q1 2026), $0.24 (Q4 2025), and $0.28 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.27 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.13 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.48 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.43 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | - |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.69 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | - |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Pangaea Logistics Solutions | 462.83 Mn | 418.86 Mn | - | 0.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.58 |
| Sep 30, 2024 | 0.35 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.31 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.29 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.38 |
| Jun 30, 2021 | 0.39 |