Name: PANL Balance Sheet - Pangaea Logistics Solutions Assets & Debt | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Total Assets, Current Assets, Cash and Equivalents, Total Liabilities, Long-term Debt, Short-term Debt, Shareholders Equity, Working Capital, Book Value Per Share

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PANL - Pangaea Logistics Solutions Ltd.

USD | NASDAQ | Industrials

PANL Balance Sheet - Pangaea Logistics Solutions Assets & Debt | Ledgeburg

(in millions of USD)	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012
Cash And Short Term Investments
Cash And Equivalents	103.1	86.8	99.0	128.4	56.2	46.9	50.6	53.6	34.5	22.3	37.5	29.8	37.5	19.7
Restricted Cash	-	-	-	-	0.0	1.5	1.0	-	-	6.1	2.0	1.0	0.5	-
Short Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	103.1	86.8	99.0	128.4	56.2	46.9	50.6	53.6	34.5	22.3	37.5	29.8	37.5	19.7
Receivables
Accounts Receivable	55.9	42.4	47.9	36.8	54.3	29.2	28.3	28.5	21.1	16.0	19.6	27.4	44.7	-
Current Assets
Inventory	28.4	32.8	16.6	29.1	27.1	16.0	21.0	19.2	15.4	13.2	7.5	15.6	21.1	-
Prepaid Expenses
Non-Current Assets
Property, Plant & Equipment Gross	-	-	-	-	2.0	0.0	4.5	5.0	4.5	4.1	3.7	3.7	3.1	-
Current Liabilities
Accounts Payable	14.3	14.8	6.3	10.0	7.0	18.7	24.2	19.9	15.7	15.4	14.1	33.5	39.2	-
Short Term Debt
Non-Current Liabilities
Long Term Debt	97.2	129.3	99.2	-	-	-	83.6	95.4	117.6	128.8	151.1	106.2	-	-
Operating Lease Liabilities Non-Current
Common Equity
Common Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-
Additional Paid In Capital
Supplementary Data
Total Debt	97.2	129.3	99.2	-	-	-	106.6	115.5	136.6	128.8	151.1	106.2	-	-
Net debt

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Cash And Short Term Investments
Cash And Equivalents	89.7	103.1	94.0	59.3	63.9	86.8	93.1	77.9	95.9	99.0	87.4	84.3	129.1	128.4	117.9

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Receivables
Accounts Receivable	61.3	55.9	45.6	49.3	47.9	42.4	44.2	41.3	42.0	47.9	53.5	42.8	33.4	36.8	42.3	41.1	41.4	54.3	41.3	30.8	29.3	29.2	19.9	18.2	23.1	28.3	29.2	16.0	12.7	28.5	26.8	18.4	21.7	21.1	30.9	26.7	22.7	20.5	14.8	14.5

Current Assets
Inventory	40.3	28.4	36.1	38.6	36.0	32.8	26.7	28.9	22.2	16.6	26.3	27.5	26.7	29.1	30.7	52.8	39.2	27.1	24.9	23.2	15.6	16.0	16.2	11.6	19.2	21.0	17.0	17.4	15.4	19.2	20.9	17.4	14.3	15.4	16.5	14.9	15.4	13.2	9.3	8.4
Prepaid Expenses	50.1	28.5	30.3	29.3	28.0	30.0	32.2	33.2	35.5	28.3	31.3	32.4	30.4	28.3	31.7	38.1	47.6	46.3
Other Current Assets	8.1	4.9	5.3	4.3	5.4	4.4	4.8	4.7	5.2	5.8	3.5	3.0	4.4	4.1	3.1	2.2	3.7
Assets Held For Sale	9.4	0.0	6.6	7.5	-	0.0	-	-	-	-	-	-	-	-	-	-	8.6	0.0
Total Current Assets	250.8	215.8	212.6	184.0	175.9	192.0	196.2	181.4	195.6	191.8	198.5	186.9	219.8	222.5	222.7	234.2

Non-Current Assets
Property, Plant & Equipment Gross	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	191.1	180.0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property,Plant & Equipment Net	675.0	677.5	683.9	694.4	705.3	707.8	514.6	464.3	469.1	474.3	480.0	486.4	461.7	476.5	465.1	470.0
Long Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity Method Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	-	0.0	-	-	-	-	-
Intangible Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease Right Of Use Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Assets	5.0	4.6	4.8	6.6	5.3	4.8	6.1	6.0	5.7	5.6	6.1	6.1	5.7	5.3	4.5	4.2	4.0
Total Non-Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	950.7	928.1	932.1	916.0	918.0	936.5	749.2	692.9	703.3	705.2	728.6	724.6	730.2	748.2	738.9	754.6	730.9

Current Liabilities
Accounts Payable	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14.8	15.7	17.7	22.2	15.3	15.4	11.0	12.4
Short Term Debt	-	-	-	-	-	-	16.5	12.0	30.0	30.8	31.5	32.3	13.4	15.8	12.9	12.9	15.3	15.4
Deferred Revenue Current	28.7	24.9	18.3	18.5	19.3	15.4	16.1	10.1	13.8	15.6	13.8	14.5	16.4	20.9	17.2	24.3	25.9
Operating Lease Liabilities Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	153.6	128.0	130.9	126.0	109.0	109.1	95.9	84.0	99.3	105.3	115.3	110.7	87.1	92.2	91.1

Non-Current Liabilities
Long Term Debt	-	-	-	-	-	-	117.0	78.5	65.9	68.4	71.0	73.4	95.6	98.8	96.4	99.6	102.7	105.8	108.9	100.9	88.3	47.8	65.5	78.8	81.1	83.6	88.6	102.4	92.3	95.4	121.6	126.3	133.7	-	133.2	138.1	144.2	-	131.7	139.1
Operating Lease Liabilities Non-Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Revenue Non-Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension Obligations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Liabilities	-	-	-	-	-	-	16.4	16.6	18.8	17.9	18.5	18.2	19.8	20.0	21.3	18.8
Total Non-Current Liabilities	310.3	325.3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities	463.9	453.4	466.6	456.9	450.8	461.8	370.4	316.1	324.0	335.0	351.2	363.0	367.0	379.5	381.3	413.8

Supplementary Data
Total Debt	-	-	-	-	-	-	133.6	90.5	95.9	99.2	102.5	105.7	108.9	114.6	109.4	112.5	118.0	121.3	124.4	115.2	98.9	105.1	97.1	100.3	103.4	106.6	112.3	117.3	111.2	115.5	121.6	126.3	133.7	-	133.2	138.1	144.2	-	131.7	139.1
Net debt	-	-	-	-	-	-	40.4	12.6	0.1	0.2	15.1	21.4	(20.2)	(13.8)	(8.6)	10.3	48.1	65.1	75.3
Working Capital	97.2	87.7	81.7	58.0	66.9	82.9	100.3	97.4	96.2	86.5	83.2	76.2	132.6	130.3	131.6	115.3	92.4	72.2
Book Value	441.1	429.3	420.3	414.4	420.8	427.8	332.6	331.5	332.0	323.9	326.7	312.2	313.8	314.2	303.4	287.6	265.6	247.2
Tangible Book Value	438.0	426.2	417.2	411.2	417.7	424.7	329.5	328.4	328.9	320.8	323.6	309.1	-	314.2	-	-	-