Pangaea Logistics Solutions (PANL) Non-Current Debt (2013 - 2026)
Pangaea Logistics Solutions (PANL) reported Non-Current Debt of $242.6 million for Q1 2026, down 3.35% on a YoY basis from $251.0 million in Q1 2025, and down 2.82% sequentially from $249.6 million in Q4 2025.
Pangaea Logistics Solutions (PANL) Non-Current Debt (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions (PANL) has 14 years of Non-Current Debt data on file, last reported at $242.6 million in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Debt fell 3.35% year-over-year to $242.6 million; the trailing twelve-month figure through Mar 2026 stood at $242.6 million (down 3.35% YoY), and the FY2025 full-year result was $249.6 million, down 2.93% from the prior year.
- Non-Current Debt fell to $242.6 million in Q1 2026, from $249.6 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $257.2 million in Q4 2024 to a low of $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.
- Across the five-year window, Non-Current Debt tumbled 39.48% in 2024 and soared 280.7% in 2025, its largest moves.
- Tracing PANL's Non-Current Debt over 5 years: stood at $98.8 million in 2022, then increased by 0.38% to $99.2 million in 2023, then soared by 159.26% to $257.2 million in 2024, then declined by 2.93% to $249.6 million in 2025, then dropped by 2.82% to $242.6 million in 2026.
- Business Quant data shows PANL's Non-Current Debt at $242.6 million in Q1 2026, $249.6 million in Q4 2025, and $100.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,968,558.65 Bn | 2,968,557.73 Bn | 57.20 Mn | - |
| 2 | Danaos | 2,526.27 Bn | 2,525.40 Bn | 203.71 Mn | 1.00 Bn |
| 3 | Sfl | 1,574.72 Bn | 1,574.57 Bn | 66.27 Mn | 1.78 Bn |
| 4 | Capital Clean Energy Carriers | 1,410.00 Bn | 1,409.46 Bn | 95.52 Mn | 2.31 Bn |
| 5 | Globus Maritime | 58.94 Bn | 58.91 Bn | 8,083.00 | 50.32 Mn |
| 6 | Kirby | 7.99 Bn | 7.92 Bn | 291.34 Mn | 911.92 Mn |
| 7 | Matson | 6.24 Bn | 6.14 Bn | - | 302.20 Mn |
| 8 | Intercont (Cayman) | 3.95 Bn | 3.95 Bn | - | 655,907.00 |
| 9 | Hafnia | 3.72 Bn | 3.60 Bn | 152.41 Mn | 910.40 Mn |
| 10 | Pangaea Logistics Solutions | 477.60 Mn | 387.85 Mn | - | 242.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 115.23 Mn |