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Pangaea Logistics Solutions PANL Accounts Receivable, Credit Loss Expense (Reversal)

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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

Reported directly by Pangaea Logistics Solutions in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

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

Filed
Aug 10, 2026, 5:22 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055365
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Amortization of prepaid rent5960
Unrealized loss on derivative instruments, net891,117
Income from equity method investee(1,240)(877)
Provision for doubtful accounts9041,066
Loss on write-down of vessel held for sale358
Drydocking costs(8,946)(11,945)
Share-based compensation2,3222,081
Change in operating assets and liabilities:

Item 1. Financial Statements (unaudited)

FAQ

What is Pangaea Logistics Solutions's accounts receivable, credit loss expense (reversal)?
Pangaea Logistics Solutions (PANL) reported accounts receivable, credit loss expense (reversal) of $114K in Q2 2026.
What is the long-term trend for Pangaea Logistics Solutions's accounts receivable, credit loss expense (reversal)?
Over 4 years (2021 to 2025), Pangaea Logistics Solutions's accounts receivable, credit loss expense (reversal) has grown at a -0.3% compound annual growth rate (CAGR), from $1.65M to $1.63M.
What does accounts receivable, credit loss expense (reversal) mean?
Accounts Receivable, Credit Loss Expense (Reversal)

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