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| Date | Value |
|---|---|
| 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 |