Pangaea Logistics Solutions Ltd (PANL)
5.97
0.00 (0.00%)
USD |
NASDAQ |
Nov 21, 16:00
5.97
0.00 (0.00%)
After-Hours: 20:00
Pangaea Logistics Solutions Debt to Equity Ratio: 0.4015 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.4015 |
| June 30, 2024 | 0.273 |
| March 31, 2024 | 0.2889 |
| December 31, 2023 | 0.3063 |
| September 30, 2023 | 0.3136 |
| June 30, 2023 | 0.3385 |
| March 31, 2023 | 0.3472 |
| December 31, 2022 | 0.3647 |
| September 30, 2022 | 0.3604 |
| June 30, 2022 | 0.391 |
| March 31, 2022 | 0.4453 |
| December 31, 2021 | 0.4916 |
| September 30, 2021 | 0.5343 |
| June 30, 2021 | 0.5564 |
| March 31, 2021 | 0.5236 |
| December 31, 2020 | 0.5588 |
| September 30, 2020 | 0.554 |
| June 30, 2020 | 0.5989 |
| March 31, 2020 | 0.6299 |
| December 31, 2019 | 0.6283 |
| September 30, 2019 | 0.6453 |
| June 30, 2019 | 0.7023 |
| Date | Value |
|---|---|
| March 31, 2019 | 0.682 |
| December 31, 2018 | 0.7321 |
| September 30, 2018 | 0.7598 |
| June 30, 2018 | 0.8388 |
| March 31, 2018 | 0.9221 |
| December 31, 2017 | 0.988 |
| September 30, 2017 | 0.9789 |
| June 30, 2017 | 1.116 |
| March 31, 2017 | 1.198 |
| December 31, 2016 | 1.232 |
| September 30, 2016 | 1.229 |
| June 30, 2016 | 1.350 |
| March 31, 2016 | 1.405 |
| December 31, 2015 | 1.50 |
| September 30, 2015 | 1.740 |
| June 30, 2015 | 1.830 |
| March 31, 2015 | 1.987 |
| December 31, 2014 | 1.702 |
| September 30, 2014 | |
| June 30, 2014 | 0.00 |
| March 31, 2014 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.273
Minimum
Jun 2024
0.6299
Maximum
Mar 2020
0.4453
Average
0.4234
Median
Debt to Equity Ratio Benchmarks
| Kirby Corp | 0.2963 |
| Matson Inc | 0.1564 |
| Genco Shipping & Trading Ltd | 0.0771 |
| Seacor Marine Holdings Inc | 0.9268 |
| CSX Corp | 1.434 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 749.17M |
| Total Liabilities (Quarterly) | 370.35M |
| Shareholders Equity (Quarterly) | 332.59M |
| Current Ratio | 2.046 |
| Net Debt Paydown Yield | -1.64% |