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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Pangaea Logistics Solutions (PANL) Times Interest Earned (2016 - 2023)

Pangaea Logistics Solutions (PANL) has disclosed Times Interest Earned for 10 consecutive years, with $2.47 as the latest value for Q4 2023.

  • Quarterly Times Interest Earned fell 43.32% to $2.47 in Q4 2023 from the year-ago period, while the trailing twelve-month figure was $10.29 through Sep 2024, up 231.57% year-over-year, with the annual reading at $1.71 for FY2025, 39.9% down from the prior year.
  • Times Interest Earned hit $2.47 in Q4 2023 for Pangaea Logistics Solutions, down from $4.58 in the prior quarter.
  • In the past five years, Times Interest Earned ranged from a high of $80.5 in Q2 2021 to a low of -$1.1 in Q1 2020.
  • Historically, Times Interest Earned has averaged $13.71 across 5 years, with a median of $5.0 in 2020.
  • Biggest five-year swings in Times Interest Earned: plummeted 97.21% in 2020 and later skyrocketed 4136.84% in 2021.
  • Year by year, Times Interest Earned stood at -$0.38 in 2019, then surged by 1433.33% to $5.0 in 2020, then soared by 86.67% to $9.33 in 2021, then plummeted by 53.41% to $4.35 in 2022, then tumbled by 43.32% to $2.47 in 2023.
  • Business Quant data shows Times Interest Earned for PANL at $2.47 in Q4 2023, $4.58 in Q3 2023, and $1.92 in Q2 2023.