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