Pangaea Logistics Solutions Quarterly Balance Sheet
NASDAQ: PANLConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Pre-market: 8.27 -0.60%
Pangaea Logistics Solutions financial position
As of Jun 30, 2026, Pangaea Logistics Solutions reported total assets of $956.7 million, up 4.4% from a year earlier against total liabilities of $462.0 million. Shareholders' equity stood at $448.6 million, or 46.9% of assets. The company held $105.7 million in cash and equivalents against $235.6 million of debt, a net debt position of $130.0 million.
The current ratio (current assets divided by current liabilities) was 1.38, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.53.
Summary generated from market data by MetaCap's automated system. Methodology
Pangaea Logistics Solutions balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 105.67M | 89.74M | 103.05M | 94.02M | 59.25M | 63.95M | 86.81M | 93.12M | 77.95M | 95.87M | 99.04M | 87.36M |
| Receivables | 59.15M | 61.28M | 55.85M | 45.57M | 49.33M | 47.92M | 42.37M | 44.16M | 41.33M | 42.00M | 47.89M | 53.50M |
| Inventory | 51.09M | 40.26M | 28.39M | 36.14M | 38.58M | 36.03M | 32.85M | 26.74M | 28.89M | 22.15M | 16.56M | 26.35M |
| Total Current Assets | 265.94M | 250.79M | 215.78M | 212.62M | 184.01M | 175.90M | 191.99M | 196.24M | 181.35M | 195.56M | 191.83M | 198.48M |
| Property, Plant & Equipment | 667.19M | 674.96M | 677.52M | 683.94M | 694.40M | 705.35M | 707.83M | 514.58M | 464.35M | 469.08M | 474.27M | 479.98M |
| Goodwill | 3.10M | 3.10M | 3.10M | 3.10M | 3.10M | 3.10M | 3.10M | 3.10M | 3.10M | 3.10M | 3.10M | 3.10M |
| Intangible Assets | — | — | 1.68M | — | — | — | 1.24M | — | — | — | — | — |
| Total Assets | 956.68M | 950.70M | 928.10M | 932.15M | 916.00M | 917.99M | 936.46M | 749.17M | 692.92M | 703.31M | 705.18M | 728.59M |
| Accounts Payable | — | — | 14.33M | — | — | — | 14.82M | — | — | — | 6.28M | — |
| Short-Term Debt | — | — | — | — | — | — | — | 16.54M | 12.05M | 30.00M | 30.75M | 31.51M |
| Total Current Liabilities | 192.18M | 153.59M | 128.03M | 130.93M | 126.01M | 109.00M | 109.11M | 95.91M | 83.97M | 99.34M | 105.33M | 115.29M |
| Long-Term Debt | 235.64M | 242.59M | 97.16M | 256.17M | 244.69M | 250.99M | 257.18M | 117.01M | 78.47M | 65.93M | 68.45M | 70.95M |
| Total Liabilities | 462.00M | 463.86M | 453.36M | 466.59M | 456.87M | 450.84M | 461.79M | 370.35M | 316.11M | 324.00M | 334.98M | 351.22M |
| Shareholders' Equity | 448.63M | 441.06M | 429.33M | 420.26M | 414.35M | 420.80M | 427.82M | 332.59M | 331.53M | 332.00M | 323.89M | 326.71M |
| Retained Earnings | 189.23M | 182.28M | 172.25M | 163.59M | 154.61M | 160.60M | 169.16M | 165.42M | 165.00M | 166.01M | 159.03M | 162.54M |
| Total Debt | 235.64M | 242.59M | 97.16M | 256.17M | 244.69M | 250.99M | 257.18M | 133.55M | 90.52M | 95.93M | 99.20M | 102.46M |
| Net Cash (Debt) | -129.96M | -152.85M | 5.90M | -162.15M | -185.43M | -187.04M | -170.38M | -40.43M | -12.58M | -55.44K | -160.17K | -15.10M |
| Shares Outstanding | 65.47M | 65.41M | 64.97M | 65.18M | 65.38M | 65.62M | 64.96M | 46.90M | 46.90M | 46.84M | 46.47M | 46.47M |
This table shows 12 quarterly periods of Pangaea Logistics Solutions's balance sheet, from Q2 2026 back to Q3 2023, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow PANL's reporting calendar. What is a balance sheet?