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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Pangaea Logistics Solutions (PANL) Interest Coverage Ratio (2016 - 2023)

Pangaea Logistics Solutions (PANL) has disclosed Interest Coverage Ratio for 10 consecutive years, with 2.47 as the latest value for Q4 2023.

  • Quarterly Interest Coverage Ratio fell 43.32% to 2.47 in Q4 2023 from the year-ago period, while the trailing twelve-month figure was 10.29 through Sep 2024, up 231.57% year-over-year, with the annual reading at 1.71 for FY2025, 39.9% down from the prior year.
  • Interest Coverage Ratio hit 2.47 in Q4 2023 for Pangaea Logistics Solutions, down from 4.58 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 80.5 in Q2 2021 to a low of 1.1 in Q1 2020.
  • Historically, Interest Coverage Ratio has averaged 13.71 across 5 years, with a median of 5.0 in 2020.
  • Biggest five-year swings in Interest Coverage Ratio: plummeted 97.21% in 2020 and later skyrocketed 4136.84% in 2021.
  • Year by year, Interest Coverage Ratio stood at 0.38 in 2019, then surged by 1433.33% to 5.0 in 2020, then soared by 86.67% to 9.33 in 2021, then plummeted by 53.41% to 4.35 in 2022, then tumbled by 43.32% to 2.47 in 2023.
  • Business Quant data shows Interest Coverage Ratio for PANL at 2.47 in Q4 2023, 4.58 in Q3 2023, and 1.92 in Q2 2023.