Pangaea Logistics Solutions (PANL) Prepaid Assets (2013 - 2026)
Pangaea Logistics Solutions (PANL) posted Prepaid Assets of $8.1 million for Q1 2026, down 71.49% sequentially from $28.5 million in Q4 2025, and down 71.01% YoY from $28.0 million in Q1 2025.
Pangaea Logistics Solutions (PANL) Prepaid Assets (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Prepaid Assets for 14 years, with the latest figure at $8.1 million in Q1 2026.
- Quarterly Prepaid Assets fell 71.01% year-over-year to $8.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.1 million (down 71.01% YoY) and the FY2025 annual result came in at $28.5 million, up 541.97% from the prior year.
- Prepaid Assets slipped to $8.1 million in Q1 2026 per PANL's latest filing, from $28.5 million in the prior quarter.
- Over five years, Prepaid Assets peaked at $38.1 million in Q2 2022 and troughed at $3.7 million in Q1 2022.
- A 5-year average of $22.2 million and a median of $28.5 million in 2025 frame the typical range for Prepaid Assets.
- The sharpest annual moves came in 2023 and 2024: Prepaid Assets surged 713.71% in 2023, then sank 84.58% in 2024.
- Over 5 years, Prepaid Assets stood at $4.1 million in 2022, then jumped by 583.93% to $28.3 million in 2023, then tumbled by 84.35% to $4.4 million in 2024, then jumped by 541.97% to $28.5 million in 2025, then plunged by 71.49% to $8.1 million in 2026.
- According to Business Quant data, Prepaid Assets over the past three periods registered $8.1 million, $28.5 million, and $5.3 million for Q1 2026, Q4 2025, and Q3 2025 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 |
|---|---|
| Jun 30, 2026 | 50.03 Mn |
| Mar 31, 2026 | 8.12 Mn |
| Dec 31, 2025 | 28.48 Mn |
| Sep 30, 2025 | 5.34 Mn |
| Jun 30, 2025 | 29.30 Mn |
| Mar 31, 2025 | 28.01 Mn |
| Dec 31, 2024 | 4.44 Mn |
| Sep 30, 2024 | 4.82 Mn |
| Jun 30, 2024 | 33.18 Mn |
| Mar 31, 2024 | 35.53 Mn |
| Dec 31, 2023 | 28.34 Mn |
| Sep 30, 2023 | 31.28 Mn |
| Jun 30, 2023 | 32.36 Mn |
| Mar 31, 2023 | 30.44 Mn |
| Dec 31, 2022 | 4.14 Mn |
| Sep 30, 2022 | 31.74 Mn |
| Jun 30, 2022 | 38.06 Mn |
| Mar 31, 2022 | 3.74 Mn |
| Dec 31, 2021 | 5.90 Mn |
| Sep 30, 2021 | 52.83 Mn |