Pangaea Logistics Solutions (PANL) Non-Current Debt (2013 - 2026)
Pangaea Logistics Solutions (PANL) posted Non-Current Debt of $242.6 million for Q1 2026, down 2.82% sequentially from $249.6 million in Q4 2025, and down 3.35% YoY from $251.0 million in Q1 2025.
Pangaea Logistics Solutions (PANL) Non-Current Debt (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Non-Current Debt for 14 years, with the latest figure at $242.6 million in Q1 2026.
- Quarterly Non-Current Debt fell 3.35% year-over-year to $242.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $242.6 million (down 3.35% YoY) and the FY2025 annual result came in at $249.6 million, down 2.93% from the prior year.
- Non-Current Debt fell to $242.6 million in Q1 2026 per PANL's latest filing, from $249.6 million in the prior quarter.
- Over five years, Non-Current Debt peaked at $257.2 million in Q4 2024 and troughed at $65.9 million in Q1 2024.
- A 5-year average of $134.6 million and a median of $105.7 million in 2023 frame the typical range for Non-Current Debt.
- The sharpest annual moves came in 2024 and 2025: Non-Current Debt sank 39.48% in 2024, then surged 280.7% in 2025.
- Over 5 years, Non-Current Debt stood at $98.8 million in 2022, then advanced by 0.38% to $99.2 million in 2023, then soared by 159.26% to $257.2 million in 2024, then decreased by 2.93% to $249.6 million in 2025, then retreated by 2.82% to $242.6 million in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $242.6 million, $249.6 million, and $100.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 1.03 Bn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 292.70 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 910.40 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 794.52 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 1.18 Bn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 670.79 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 984.27 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 1.50 Bn |
| 10 | Pangaea Logistics Solutions | 490.71 Mn | 385.03 Mn | - | 235.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 235.64 Mn |
| Mar 31, 2026 | 242.59 Mn |
| Dec 31, 2025 | 249.64 Mn |
| Sep 30, 2025 | 100.68 Mn |
| Jun 30, 2025 | 104.71 Mn |
| Mar 31, 2025 | 250.99 Mn |
| Dec 31, 2024 | 257.18 Mn |
| Sep 30, 2024 | 117.01 Mn |
| Jun 30, 2024 | 90.52 Mn |
| Mar 31, 2024 | 65.93 Mn |
| Dec 31, 2023 | 99.20 Mn |
| Sep 30, 2023 | 70.95 Mn |
| Jun 30, 2023 | 105.70 Mn |
| Mar 31, 2023 | 108.94 Mn |
| Dec 31, 2022 | 98.82 Mn |
| Sep 30, 2022 | 109.36 Mn |
| Jun 30, 2022 | 112.48 Mn |
| Mar 31, 2022 | 102.72 Mn |
| Dec 31, 2021 | 105.84 Mn |
| Sep 30, 2021 | 124.44 Mn |