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Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$187.1M+19.4%
Operating income$21.3M+484%
Net income$10.2M+472%
EPS (diluted)$0.16+500%

Balance sheet

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Cash & equivalents$105.7M+78.3%
Total debt$48.8M+21.4%
Total equity$448.6M+8.3%
Total assets$956.7M+4.4%

Cash flow

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Operating cash flow$21.4M+48.6%
CapEx$1.1M+2,474%
Free cash flow$12.4M-24.6%

Valuation

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Market cap$485.38M+50.3%
Enterprise value$428.53M+40.9%
P/E10.2×-26.4×
P/S0.7×+0.1×

Profitability

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Operating margin9.3%+3.0pp
Net margin6.7%+5.2pp
FCF margin7.8%-4.4pp

Returns & leverage

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Return on equity11%+8.7pp
Debt / equity0.1×0.0×
Current ratio1.4×-0.1×

Where this comes from

Calculated from Pangaea Logistics Solutions’s reported figures.

The source filing: Pangaea Logistics Solutions’s 10-Q, filed August 10, 2026. Open the filing →

Filed
Aug 10, 2026, 5:22 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055365

FAQ

What is Pangaea Logistics Solutions's net debt?
Pangaea Logistics Solutions (PANL) reported net debt of -$56.85M in Q2 2026.
How has Pangaea Logistics Solutions's net debt changed year-over-year?
Pangaea Logistics Solutions's net debt decreased by 198.9% year-over-year, from -$19.02M to -$56.85M.
What is the long-term trend for Pangaea Logistics Solutions's net debt?
Over 5 years (2020 to 2025), Pangaea Logistics Solutions's net debt has grown at a 0.0% compound annual growth rate (CAGR), from $62.09M to -$62.19M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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