PANGAEA LOGISTICS SOLUTIONS (PANL) Stock Balance Sheet
NASDAQ:PANL - Nasdaq - BMG6891L1054 - Common Stock
| MRQ (2024-9-30) | 2023 (2023-12-31) | 2022 (2022-12-31) | 2021 (2021-12-31) | 2020 (2020-12-31) | ||||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash | 45.92M | 50.28M | 48.70M | 21.00M | 28.50M | |||
| Cash Equivalents | 47.20M | 48.76M | 79.70M | 35.20M | 18.40M | |||
| Receivables | 54.76M | 53.67M | 44.50M | 71.30M | 36.00M | |||
| Inventories | 26.74M | 16.56M | 29.10M | 27.10M | 16.00M | |||
| Other Current Assets | 21.61M | 22.56M | 20.60M | 29.40M | 12.50M | |||
| Total Current Assets | 196.24M | 191.83M | 222.50M | 184.00M | 111.30M | |||
| Non-Current Assets | ||||||||
| PPE Net | 543.72M | 504.66M | 520.40M | 517.10M | 337.40M | |||
| Investments And Advances | 4.97M | 3.81M | N/A | N/A | N/A | |||
| Goodwill | 3.10M | 3.10M | N/A | N/A | N/A | |||
| Intangibles | 1.14M | 1.78M | N/A | N/A | N/A | |||
| Other Non-Current Assets | N/A | N/A | 5.30M | 6.00M | 1.70M | |||
| Total Non-Current Assets | 552.93M | 513.35M | 525.70M | 523.00M | 339.10M | |||
| TOTAL ASSETS | 749.17M | 705.18M | 748.20M | 707.00M | 450.40M | |||
| LIABILITIES | ||||||||
| Current Liabilities | ||||||||
| Short Term Debt | 0.00 | 0.00 | 0.00 | 200.00K | 200.00K | |||
| Current Portion Of LT Debt. | 30.78M | 52.72M | 32.10M | 29.90M | 64.40M | |||
| Accrued Expenses | 17.31M | 17.05M | 12.70M | 16.30M | 7.30M | |||
| Accounts Payable | 11.96M | 6.28M | 10.00M | 21.10M | 18.70M | |||
| Other Current Liabilities | 35.87M | 29.28M | 37.40M | 44.20M | 20.30M | |||
| Total Current Liabilities | 95.91M | 105.33M | 92.20M | 111.70M | 110.80M | |||
| Non-Current Liabilities | ||||||||
| Long Term Debt | 258.08M | 211.71M | 267.30M | 276.80M | 95.00M | |||
| Other Non-Current Liabilities | 16.36M | 17.94M | 20.00M | 17.80M | 10.10M | |||
| Total Non-Current Liabilities | 320.66M | 275.96M | 341.80M | 348.10M | 156.80M | |||
| TOTAL LIABILITIES | 416.58M | 381.29M | 434.00M | 459.80M | 267.60M | |||
| SHAREHOLDERS' EQUITY | ||||||||
| Retained Earnings | 165.42M | 159.03M | 151.30M | 85.70M | 23.20M | |||
| Additional Paid In Capital | 167.17M | 164.85M | 162.90M | 161.50M | 159.60M | |||
| Minority Interest | 46.22M | 46.31M | 54.50M | 53.50M | 51.70M | |||
| Common Shares | 4.69K | 4.65K | 0.00 | 0.00 | 0.00 | |||
| Shares Outstanding | 46.90M | 46.47M | 45.90M | 45.60M | 45.40M | |||
| Tangible Book Value per Share | 7.00 | 6.87 | 6.85 | 5.42 | 4.03 | |||
| Total Shareholders' Equity | 332.59M | 323.89M | 314.20M | 247.20M | 182.80M | |||
| TOTAL LIABILITIES AND EQUITY | 749.17M | 705.18M | 748.20M | 707.00M | 450.40M | |||
| Statistics | ||||||||
| Debt/Equity | 0.78 | 0.65 | 0.85 | 1.12 | 0.52 | |||
| Current Ratio | 2.05 | 1.82 | 2.41 | 1.65 | 1.00 | |||
| Return On Assets (ROA) | 2.88% | 3.73% | 10.63% | 9.50% | 2.53% | |||
| Return On Equity (ROE) | 6.50% | 8.13% | 25.30% | 27.18% | 6.24% | |||
| Return On Invested Capital (ROIC) | 5.48% | 6.33% | 13.10% | 10.47% | 5.16% | |||
| Return On Invested Capital Ex Cash (ROICexc) | 5.91% | 6.89% | 14.91% | 11.12% | 5.46% | |||
| Return On Invested Capital Ex Cash + Goodwill (ROICexcg) | 5.95% | 6.96% | 14.91% | 11.12% | 5.46% | |||
All data in USD , ROIC based on taxRate of 0.21