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PANL · Nasdaq · United States · Deep Sea Foreign Transportation Of Freight
In shortPangaea Logistics Solutions Ltd. is profitable, generates cash and holds more cash than debt, with revenue growing (+17.8% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 6.5% | 38/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 3.1% | 32/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 4.5% | 23/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 6.1% | 41/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.69× | 74/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.23× | 99/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.71× | 2/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.43 | 34/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 8.5% | 54/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.77× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 43.4% | 0/100 |
| Operating margin volatility | 3.2% | 80/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -3.3% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | -44.6% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 718 | 700 | 499 | 537 | 632 |
| Operating income | 79 | 106 | 45 | 48 | 41 |
| Interest expense | 10 | 16 | 17 | 17 | 24 |
| Income tax | 0.6 | 0.4 | 0.4 | 0.4 | 0.4 |
| Net income | 67 | 79 | 26 | 29 | 19 |
| Diluted EPS | $1.50 | $1.76 | $0.58 | $0.63 | $0.30 |
| Diluted shares (millions) | 45 | 45 | 45 | 46 | 65 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.43 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 10, 2026