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
DateValue
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