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Pangaea Logistics Solutions (PANL)

(Delayed Data from NSDQ)

$6.59 USD

6.59
282,283

+0.07 (1.07%)

Updated Apr 17, 2024 04:00 PM ET

After-Market: $6.60 +0.01 (0.15%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

Zacks Rank Education - Learn about the Zacks Rank

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth B Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 22% (54 out of 251)

Industry: Transportation - Shipping

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for PANL

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Pangaea Logistics Solutions Ltd falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 99 128 56 48 51
Receivables 48 37 54 29 28
Notes Receivable 0 0 0 0 0
Inventories 17 29 27 16 21
Other Current Assets 28 28 46 20 27
Total Current Assets 192 223 184 113 127
Net Property & Equipment 474 477 472 292 297
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 3 0 0 0 0
Deposits & Other Assets 6 5 6 0 3
Total Assets 705 748 707 450 480
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 36 39 49 32 40
Current Portion Long-Term Debt 31 16 16 58 23
Current Portion Capital Leases 22 16 14 7 13
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 17 22 32 14 15
Total Current Liabilities 105 92 112 111 91
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 68 99 106 45 84
Non-Current Capital Leases 143 169 171 51 58
Other Non-Current Liabilities 18 20 18 10 5
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 335 380 406 216 237
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 165 163 162 160 158
Retained Earnings 159 151 86 23 13
Other Equity 46 55 53 52 73
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 370 369 301 234 243
Total Liabilities & Shareholder's Equity 705 748 707 450 480
Total Common Equity 370 369 301 234 243
Shares Outstanding 46.40 45.90 45.60 45.00 44.40
Book Value Per Share 7.98 8.03 6.59 5.21 5.47

Fiscal Year End for Pangaea Logistics Solutions Ltd falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 99 87 84 129
Receivables NA 48 54 43 33
Notes Receivable NA 0 0 0 0
Inventories NA 17 26 27 27
Other Current Assets NA 28 31 32 30
Total Current Assets NA 192 198 187 220
Net Property & Equipment NA 474 480 486 462
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 3 3 3 0
Deposits & Other Assets NA 6 6 6 6
Total Assets NA 705 729 725 730
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 36 42 47 40
Current Portion Long-Term Debt NA 31 32 32 13
Current Portion Capital Leases NA 22 27 16 16
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 17 15 15 17
Total Current Liabilities NA 105 115 111 87
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 68 71 73 96
Non-Current Capital Leases NA 143 146 161 165
Other Non-Current Liabilities NA 19 18 20
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 335 351 363 367
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 165 164 164 164
Retained Earnings NA 159 163 148 150
Other Equity NA 46 51 49 49
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 370 377 362 363
Total Liabilities & Shareholder's Equity NA 705 729 725 730
Total Common Equity 0 370 377 362 363
Shares Outstanding 46.70 46.40 46.40 46.40 46.40
Book Value Per Share 0.00 7.98 8.13 7.79 7.83