Pangaea Logistics Solutions (PANL) Times Interest Earned (2014 - 2023)

Pangaea Logistics Solutions has disclosed Times Interest Earned across 10 years of filings, most recently posting $2.47 for Q4 2023.

• Times Interest Earned for Q4 2023 came in at $2.47, down 43.32% year-over-year; the trailing twelve-month figure through Sep 2024 was $10.29 (up 231.59% YoY), and the FY2025 annual result was $1.71, down 39.9% from the prior year.
• Times Interest Earned came in at $2.47 for Q4 2023 at Pangaea Logistics Solutions, down from $4.58 in the prior quarter.
• In the past five years, Times Interest Earned ranged from a high of $85.33 in Q3 2021 to a low of $1.51 in Q1 2023.
• The 5-year median for Times Interest Earned is $5.2 (2019), against an average of $19.23.
• Across the five-year window, Times Interest Earned plunged 97.53% in 2019 and surged 1569.88% in 2021, its largest moves.
• Pangaea Logistics Solutions' Times Interest Earned stood at $5.2 in 2019, then retreated by 11.32% to $4.61 in 2020, then surged by 1569.88% to $77.0 in 2021, then slumped by 94.35% to $4.35 in 2022, then plunged by 43.32% to $2.47 in 2023.
• The last three Times Interest Earned figures came in at $2.47 (Q4 2023), $4.58 (Q3 2023), and $1.92 (Q2 2023), per Business Quant data.