Pangaea Logistics Solutions (PANL) Interest Coverage Ratio (2014 - 2026)
Pangaea Logistics Solutions (PANL) reported Interest Coverage Ratio of 1.05 for Q1 2026, down 54.09% on a YoY basis from 2.29 in Q1 2025, and up 1242.04% sequentially from 0.09 in Q4 2025.
Pangaea Logistics Solutions (PANL) Interest Coverage Ratio (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions (PANL) has 13 years of Interest Coverage Ratio data on file, last reported at 1.05 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 54.09% year-over-year to 1.05; the trailing twelve-month figure through Mar 2026 stood at 4.88 (up 551.82% YoY), and the FY2025 full-year result was 1.68, down 37.5% from the prior year.
- Interest Coverage Ratio grew to 1.05 in Q1 2026, from 0.09 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 9.84 in Q2 2022 to a low of 0.09 in Q4 2025.
- A 5-year average of 2.44 and a median of 1.51 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio sank 103.58% in 2024 and surged 1077.94% in 2025, its largest moves.
- Tracing PANL's Interest Coverage Ratio over 5 years: stood at 4.35 in 2022, then sank by 43.32% to 2.47 in 2023, then slumped by 103.58% to 0.09 in 2024, then dropped by 4.65% to 0.09 in 2025, then jumped by 1242.04% to 1.05 in 2026.
- Business Quant data shows PANL's Interest Coverage Ratio at 1.05 in Q1 2026, 0.09 in Q4 2025, and 0.22 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | 0.16 |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 9.51 |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 1.66 |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | -4.00 |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | -0.01 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 37.26 |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 0.15 |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | -8.49 |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Pangaea Logistics Solutions | 478.88 Mn | 389.14 Mn | - | 1.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.05 |
| Dec 31, 2025 | -0.09 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 2.29 |
| Dec 31, 2024 | -0.09 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.12 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 2.47 |
| Sep 30, 2023 | 4.58 |
| Jun 30, 2023 | 1.92 |
| Mar 31, 2023 | 1.51 |
| Dec 31, 2022 | 4.35 |
| Sep 30, 2022 | 6.91 |
| Jun 30, 2022 | 9.84 |
| Mar 31, 2022 | 5.85 |
| Dec 31, 2021 | 9.33 |
| Sep 30, 2021 | 10.67 |
| Jun 30, 2021 | 6.19 |