Pangaea Logistics Solutions Ltd (PANL)
6.18
-0.24
(-3.74%)
USD |
NASDAQ |
Nov 01, 16:00
6.22
+0.04
(+0.65%)
After-Hours: 20:00
Pangaea Logistics Solutions Debt to Equity Ratio: 0.2731 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
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
0.4476
Average
0.4453
Median
Mar 2022
Debt to Equity Ratio Benchmarks
Kirby Corp | 0.00 |
Matson Inc | 0.1564 |
Genco Shipping & Trading Ltd | 0.1043 |
Seacor Marine Holdings Inc | 0.9074 |
CSX Corp | 1.434 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 692.92M |
Total Liabilities (Quarterly) | 316.11M |
Shareholders Equity (Quarterly) | 331.53M |
Current Ratio | 2.160 |
Net Debt Paydown Yield | 1.00% |