Pangaea Logistics Solutions (PANL) Long-Term Investments (2016 - 2018)

Pangaea Logistics Solutions (PANL) posted Long-Term Investments of $2.5 million for Q3 2018, down 28.57% sequentially from $3.5 million in Q2 2018.

Pangaea Logistics Solutions (PANL) Long-Term Investments (2016 - 2018) Analysis & Trends

Pangaea Logistics Solutions has reported Long-Term Investments for 3 years, with the latest figure at $2.5 million in Q3 2018.

  • Quarterly Long-Term Investments changed N/A year-over-year to $2.5 million in Q3 2018, while the trailing twelve-month figure through Sep 2018 was $2.5 million (changed N/A YoY) and the FY2017 annual result came in at $4.0 million, down 34.43% from the prior year.
  • Long-Term Investments eased to $2.5 million in Q3 2018 per PANL's latest filing, from $3.5 million in the prior quarter.
  • Over five years, Long-Term Investments peaked at $6.1 million in Q4 2016 and troughed at $2.5 million in Q3 2018.
  • A 3-year average of $4.0 million and a median of $4.0 million in 2017 frame the typical range for Long-Term Investments.
  • The widest YoY moves for Long-Term Investments: up 34.43% in 2017, down 34.43% in 2017.
  • Over 3 years, Long-Term Investments stood at $6.1 million in 2016, then tumbled by 34.43% to $4.0 million in 2017, then plunged by 37.5% to $2.5 million in 2018.
  • According to Business Quant data, Long-Term Investments over the past three periods registered $2.5 million, $3.5 million, and $4.0 million for Q3 2018, Q2 2018, and Q1 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 Kirby 7.46 Bn 7.42 Bn 290.80 Mn -
2 Matson 6.58 Bn 6.46 Bn - 106.20 Mn
3 Hafnia 3.91 Bn 3.80 Bn 152.41 Mn 97.82 Mn
4 ZIM Integrated Shipping Services 3.47 Bn 2.55 Bn 57.20 Mn 34.40 Mn
5 Star Bulk Carriers 3.37 Bn 2.87 Bn - 452,000.00
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn 223.18 Mn
7 Okeanis Eco Tankers 2.45 Bn 2.23 Bn 12,231.53 Bn -
8 Navios Maritime Partners 2.38 Bn 1.97 Bn 326.09 Mn 10.03 Mn
9 Costamare 1.81 Bn 1.51 Bn 185.32 Mn 9.43 Mn
10 Pangaea Logistics Solutions 502.18 Mn 442.56 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2018 2.50 Mn
Jun 30, 2018 3.50 Mn
Mar 31, 2018 4.00 Mn
Dec 31, 2017 4.00 Mn
Dec 31, 2016 6.10 Mn