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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' Times Interest Earned history spans 10 years, with the latest figure at $2.47 for Q4 2023.

  • For Q4 2023, Times Interest Earned fell 43.32% year-over-year to $2.47; the TTM value through Sep 2024 reached $10.29, up 231.59%, while the annual FY2024 figure was $2.84, 8.28% up from the prior year.
  • Times Interest Earned for Q4 2023 was $2.47 at Pangaea Logistics Solutions, down from $4.58 in the prior quarter.
  • Across five years, Times Interest Earned topped out at $76.99 in Q4 2021 and bottomed at -$1.1 in Q1 2020.
  • The 5-year median for Times Interest Earned is $5.0 (2020), against an average of $13.36.
  • The largest annual shift saw Times Interest Earned plummeted 111.11% in 2019 before it surged 1569.57% in 2021.
  • A 5-year view of Times Interest Earned shows it stood at -$0.37 in 2019, then skyrocketed by 1339.85% to $4.61 in 2020, then soared by 1569.57% to $76.99 in 2021, then crashed by 94.35% to $4.35 in 2022, then plummeted by 43.32% to $2.47 in 2023.
  • Per Business Quant, the three most recent readings for PANL's Times Interest Earned are $2.47 (Q4 2023), $4.58 (Q3 2023), and $1.92 (Q2 2023).