Pangaea Logistics Solutions (PANL) Other Non-Current Liabilities (2019 - 2024)

Pangaea Logistics Solutions (PANL) posted Other Non-Current Liabilities of $16.4 million for Q3 2024, down 1.65% sequentially from $16.6 million in Q2 2024, and down 11.59% YoY from $18.5 million in Q4 2023.

Pangaea Logistics Solutions (PANL) Other Non-Current Liabilities (2019 - 2024) Analysis & Trends

Pangaea Logistics Solutions has reported Other Non-Current Liabilities for 6 years, with the latest figure at $16.4 million in Q3 2024.

  • Quarterly Other Non-Current Liabilities fell 11.59% year-over-year to $16.4 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $16.4 million (down 11.59% YoY) and the FY2023 annual result came in at $17.9 million, down 10.2% from the prior year.
  • Other Non-Current Liabilities fell to $16.4 million in Q3 2024 per PANL's latest filing, from $16.6 million in the prior quarter.
  • Over five years, Other Non-Current Liabilities peaked at $21.3 million in Q3 2022 and troughed at $5.1 million in Q1 2020.
  • A 5-year average of $15.4 million and a median of $17.1 million in 2022 frame the typical range for Other Non-Current Liabilities.
  • The sharpest annual moves came in 2021 and 2023: Other Non-Current Liabilities soared 194.33% in 2021, then slipped 13.01% in 2023.
  • Over 5 years, Other Non-Current Liabilities stood at $10.1 million in 2020, then surged by 75.69% to $17.8 million in 2021, then climbed by 12.17% to $20.0 million in 2022, then slipped by 10.2% to $17.9 million in 2023, then fell by 8.8% to $16.4 million in 2024.
  • According to Business Quant data, Other Non-Current Liabilities over the past three periods registered $16.4 million, $16.6 million, and $18.8 million for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kirby 7.52 Bn 7.48 Bn 290.80 Mn
2 Matson 6.59 Bn 6.47 Bn -
3 Hafnia 3.92 Bn 3.81 Bn 152.41 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 -
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn
7 Okeanis Eco Tankers 2.43 Bn 2.21 Bn 12,231.53 Bn
8 Navios Maritime Partners 2.41 Bn 2.00 Bn 326.09 Mn
9 Costamare 1.81 Bn 1.43 Bn 185.32 Mn
10 Pangaea Logistics Solutions 490.71 Mn 385.03 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 16.36 Mn
Jun 30, 2024 16.63 Mn
Mar 31, 2024 18.75 Mn
Dec 31, 2023 17.94 Mn
Sep 30, 2023 18.50 Mn
Jun 30, 2023 18.23 Mn
Mar 31, 2023 19.83 Mn
Dec 31, 2022 19.97 Mn
Sep 30, 2022 21.27 Mn
Jun 30, 2022 18.85 Mn
Mar 31, 2022 17.15 Mn
Dec 31, 2021 17.81 Mn
Sep 30, 2021 15.12 Mn
Jun 30, 2021 15.01 Mn
Mar 31, 2021 10.41 Mn
Dec 31, 2020 10.14 Mn
Sep 30, 2020 10.06 Mn
Jun 30, 2020 5.10 Mn
Mar 31, 2020 5.05 Mn
Dec 31, 2019 4.83 Mn