Pangaea Logistics Balance Sheet - Quarterly (NASDAQ:PANL)

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$3.15 $0.05 (1.56%) PANL stock closing price Aug 17, 2018 (Closing)

The financial analysis of a company like Pangaea Logistics involves checking the three financial statements of the company in detail, of which the balance sheet is one. Financial strength can be guaged by performing Pangaea Logistics stock analysis and by analyzing the balance sheet. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Apart from analyzing Pangaea Logistics revenue Pangaea Logistics operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Pangaea Logistics balance sheet for 2018 Q2 shows cash on hand of $48.92M. The company has a debt to equity ratio of 0.76.

View and download Pangaea Logistics quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash48.92M28.2M34.53M33.33M33.43M27.82M28.42M34.69M33.92M34.16M
Marketable Securities----------
Receivables18.38M21.68M21.08M30.91M26.65M22.65M20.47M14.81M14.48M13.54M
Inventory17.39M14.29M15.35M16.47M14.94M15.36M13.2M9.33M8.39M7.81M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets15.16M9.79M12.03M13.46M9.93M8.2M6.44M5.15M3.76M3.45M
Total Current Assets
99.86M73.97M83.01M94.18M84.96M74.04M68.54M63.99M60.55M58.98M
Property Plant & Equipment--367.56M---324.3M---
Accumulated Depreciation--61.27M---49.03M---
Net Property Plant & Equipment
331.02M333.81M336.28M321.12M324.37M323.36M293.64M290.63M290.92M294.29M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Intangibles----------
Deposits & Other Assets3.5M4M4M-------
Total Assets
434.38M411.79M423.29M415.31M409.33M397.41M362.19M354.63M351.48M353.27M
Notes Payable----------
Accounts Payable29.97M21.79M29.18M30.16M29.34M21.96M23.23M19.7M18.4M15.96M
Current Portion Long-Term Debt21.84M23.17M25.98M24.76M25.19M31.43M35.59M30.58M31.06M29.81M
Current Portion Capital Leases3.46M1.81M1.78M1.75M1.73M1.24M----
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities15.36M12.91M13.05M15.15M19.53M19.96M19.04M16.14M16.97M16.31M
Total Current Liabilities
70.64M59.69M70.01M71.83M75.8M74.6M77.87M66.43M66.44M62.08M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt107.09M113.17M117.61M113.43M117.68M117.45M107.63M112.02M117.2M124.13M
Non-Current Capital Leases35.32M24.55M25.01M25.47M25.92M19.75M----
Other Long-Term Liabilities----------
Total Liabilities
213.05M197.41M212.64M210.73M219.41M211.81M185.51M178.46M183.65M186.22M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus155.63M155.55M154.94M154.78M148.88M140.35M133.67M133.51M133.34M133.21M
Retained Earnings-1.92M-7.69M-9.59M-13.61M-20.79M-16.06M-17.4M-17.47M-23.53M-23.66M
Treasury Stock----------
Other Liabilities67.61M66.51M65.3M63.4M61.83M61.3M60.4M60.13M58.01M57.51M
Shareholders Equity221.33M214.38M210.65M204.57M189.92M185.59M176.67M176.17M167.82M167.05M
Total Liabilities & Shareholders Equity434.38M411.79M423.29M415.31M409.33M397.41M362.19M354.63M351.48M353.27M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Pangaea Logistics stock price by looking at Pangaea Logistics historical stock prices. One can compare PE with industry average by looking at the Pangaea Logistics PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Pangaea Logistics owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for PANL stock as of 2018 Q2 is $434.38M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Pangaea Logistics's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for PANL stock stand at $213.05M.

Pangaea Logistics Balance Sheet - Key Ratios

Current ratio
1.41
Debt to equity ratio
0.76
Asset turnover ratio
0.92
Receivables turnover
16.22
Price to book ratio
0.64