Growth Metrics

Pangaea Logistics Solutions (PANL) Interest Expenses (2016 - 2023)

Historic Interest Expenses for Pangaea Logistics Solutions (PANL) over the last 10 years, with Q4 2023 value amounting to $4.3 million.

  • Pangaea Logistics Solutions' Interest Expenses changed 0.0% to $4.3 million in Q4 2023 from the same period last year, while for Sep 2024 it was $4.3 million, marking a year-over-year decrease of 7470.59%. This contributed to the annual value of $17.1 million for FY2024, which is 27.98% up from last year.
  • According to the latest figures from Q4 2023, Pangaea Logistics Solutions' Interest Expenses is $4.3 million, which was down 0.0% from $4.3 million recorded in Q3 2023.
  • Over the past 5 years, Pangaea Logistics Solutions' Interest Expenses peaked at $4.4 million during Q3 2022, and registered a low of $1.8 million during Q4 2020.
  • Moreover, its 5-year median value for Interest Expenses was $2.6 million (2019), whereas its average is $3.0 million.
  • As far as peak fluctuations go, Pangaea Logistics Solutions' Interest Expenses tumbled by 2500.0% in 2020, and later skyrocketed by 8333.33% in 2021.
  • Pangaea Logistics Solutions' Interest Expenses (Quarter) stood at $2.4 million in 2019, then dropped by 25.0% to $1.8 million in 2020, then skyrocketed by 83.33% to $3.3 million in 2021, then surged by 30.3% to $4.3 million in 2022, then changed by 0.0% to $4.3 million in 2023.
  • Its Interest Expenses was $4.3 million in Q4 2023, compared to $4.3 million in Q3 2023 and $4.1 million in Q2 2023.