Pangaea Logistics Solutions Current Ratio Growth & History (PANL)
Pangaea Logistics Solutions's current ratio was 1.69 for fiscal 2025.
View full Pangaea Logistics Solutions company overviewPangaea Logistics Solutions annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.69 | −0.07 | −4.23% |
| 2024 | 2024-12-31 | 1.76 | −0.06 | −3.37% |
| 2023 | 2023-12-31 | 1.82 | −0.59 | −24.53% |
| 2022 | 2022-12-31 | 2.41 | 0.77 | +46.57% |
| 2021 | 2021-12-31 | 1.65 | 0.64 | +63.85% |
| 2020 | 2020-12-31 | 1.00 | −0.40 | −28.65% |
| 2019 | 2019-12-31 | 1.41 | −0.03 | −1.92% |
| 2018 | 2018-12-31 | 1.44 | 0.25 | +21.10% |
| 2017 | 2017-12-31 | 1.19 | 0.38 | +47.88% |
| 2016 | 2016-12-31 | 0.80 | −0.16 | −16.53% |
| 2015 | 2015-12-31 | 0.96 | 0.37 | +63.76% |
| 2014 | 2014-12-31 | 0.59 | −0.29 | −33.07% |
| 2013 | 2013-12-31 | 0.88 | — | — |
Pangaea Logistics Solutions quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.38 | −0.08 | −5.24% |
| Q1 2026 | 2026-03-31 | 1.63 | 0.02 | +1.18% |
| Q4 2025 | 2025-12-31 | 1.69 | −0.07 | −4.23% |
| Q3 2025 | 2025-09-30 | 1.62 | −0.42 | −20.63% |
| Q2 2025 | 2025-06-30 | 1.46 | −0.70 | −32.39% |
| Q1 2025 | 2025-03-31 | 1.61 | −0.35 | −18.02% |
| Q4 2024 | 2024-12-31 | 1.76 | −0.06 | −3.37% |
| Q3 2024 | 2024-09-30 | 2.05 | 0.32 | +18.84% |
| Q2 2024 | 2024-06-30 | 2.16 | 0.47 | +27.90% |
| Q1 2024 | 2024-03-31 | 1.97 | −0.55 | −21.95% |
| Q4 2023 | 2023-12-31 | 1.82 | −0.59 | −24.53% |
| Q3 2023 | 2023-09-30 | 1.72 | −0.72 | −29.57% |
| Q2 2023 | 2023-06-30 | 1.69 | −0.28 | −14.26% |
| Q1 2023 | 2023-03-31 | 2.52 | 0.71 | +39.43% |
| Q4 2022 | 2022-12-31 | 2.41 | 0.77 | +46.57% |
| Q3 2022 | 2022-09-30 | 2.44 | 0.84 | +52.42% |
| Q2 2022 | 2022-06-30 | 1.97 | 0.43 | +27.95% |
| Q1 2022 | 2022-03-31 | 1.81 | −0.01 | −0.37% |
| Q4 2021 | 2021-12-31 | 1.65 | 0.64 | +63.85% |
| Q3 2021 | 2021-09-30 | 1.60 | 0.41 | +34.18% |
| Q2 2021 | 2021-06-30 | 1.54 | −0.08 | −4.75% |
| Q1 2021 | 2021-03-31 | 1.82 | 0.42 | +30.55% |
| Q4 2020 | 2020-12-31 | 1.00 | −0.40 | −28.65% |
| Q3 2020 | 2020-09-30 | 1.20 | −0.08 | −6.60% |
| Q2 2020 | 2020-06-30 | 1.62 | 0.18 | +12.17% |
| Q1 2020 | 2020-03-31 | 1.39 | −0.25 | −15.27% |
| Q4 2019 | 2019-12-31 | 1.41 | −0.03 | −1.92% |
| Q3 2019 | 2019-09-30 | 1.28 | −0.26 | −16.90% |
| Q2 2019 | 2019-06-30 | 1.44 | 0.03 | +1.91% |
| Q1 2019 | 2019-03-31 | 1.64 | 0.40 | +32.46% |
| Q4 2018 | 2018-12-31 | 1.44 | 0.25 | +21.10% |
| Q3 2018 | 2018-09-30 | 1.54 | 0.23 | +17.44% |
| Q2 2018 | 2018-06-30 | 1.41 | 0.29 | +26.12% |
| Q1 2018 | 2018-03-31 | 1.24 | 0.25 | +24.86% |
| Q4 2017 | 2017-12-31 | 1.19 | 0.38 | +47.88% |
| Q3 2017 | 2017-09-30 | 1.31 | 0.35 | +36.12% |
| Q2 2017 | 2017-06-30 | 1.12 | 0.21 | +22.99% |
| Q1 2017 | 2017-03-31 | 0.99 | 0.04 | +4.48% |
| Q4 2016 | 2016-12-31 | 0.80 | −0.16 | −16.53% |
| Q3 2016 | 2016-09-30 | 0.96 | 0.37 | +61.40% |
| Q2 2016 | 2016-06-30 | 0.91 | 0.30 | +48.29% |
| Q1 2016 | 2016-03-31 | 0.95 | 0.34 | +55.11% |
| Q4 2015 | 2015-12-31 | 0.96 | 0.37 | +63.76% |
| Q3 2015 | 2015-09-30 | 0.60 | — | — |
| Q2 2015 | 2015-06-30 | 0.61 | — | — |
| Q1 2015 | 2015-03-31 | 0.61 | — | — |
| Q4 2014 | 2014-12-31 | 0.59 | −0.29 | −33.07% |
| Q4 2013 | 2013-12-31 | 0.88 | — | — |
Pangaea Logistics Solutions current ratio trends
Over the last five fiscal years, Pangaea Logistics Solutions's current ratio increased from 1.00 to 1.69, a change of 0.68. The latest reported quarter, Q2 2026, shows 1.38.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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