PANGAEA LOGISTICS SOLUTIONS LTD. (PANL) Current Ratio
- Current ratio · latest quarter: Value 1.38×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 1.38× | Current assets / current liabilities. $265.94M ÷ $192.18M ≈ 1.38× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 265.94M USD | Assets, Current |
| Current obligations | 192.18M USD | Liabilities, Current |
| Cash and equivalents | 105.67M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | 59.15M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | 51.09M USD | Inventory, Net |
| Payables | (m) | Accounts Payable, Current |
| Borrowing debt due within one year | (m) | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $265.94M | $192.18M | $105.67M | (m) | $59.15M | $51.09M | (m) | (m) | 1.38× |
| 2026-03-31 | $250.79M | $153.59M | $89.74M | (m) | $61.28M | $40.26M | (m) | (m) | 1.63× |
| 2025-12-31 | $215.78M | $128.03M | $103.05M | (m) | $55.85M | $28.39M | (m) | (m) | 1.69× |
| 2025-09-30 | $212.62M | $130.93M | $94.02M | (m) | $45.57M | $36.14M | (m) | (m) | 1.62× |
| 2025-06-30 | $184.01M | $126.01M | $59.25M | (m) | $49.33M | $38.58M | (m) | (m) | 1.46× |
| 2025-03-31 | $175.90M | $109.00M | $63.95M | (m) | $47.92M | $36.03M | (m) | (m) | 1.61× |
| 2024-12-31 | $191.99M | $109.11M | $86.81M | (m) | $42.37M | $32.85M | $14.82M | (m) | 1.76× |
| 2024-09-30 | $196.24M | $95.91M | $93.12M | (m) | $44.16M | $26.74M | (m) | $16.54M | 2.05× |
| 2024-06-30 | $181.35M | $83.97M | $77.95M | (m) | $41.33M | $28.89M | (m) | $12.05M | 2.16× |
| 2024-03-31 | $195.56M | $99.34M | $95.87M | (m) | $42.00M | $22.15M | (m) | $30.00M | 1.97× |
| 2023-12-31 | $191.83M | $105.33M | $99.04M | (m) | $47.89M | $16.56M | $6.28M | (m) | 1.82× |
| 2023-09-30 | $198.48M | $115.29M | $87.36M | (m) | $53.50M | $26.35M | (m) | $31.51M | 1.72× |
| 2023-06-30 | $186.93M | $110.70M | $84.30M | (m) | $42.82M | $27.45M | (m) | $32.26M | 1.69× |
| 2023-03-31 | $219.76M | $87.12M | $129.15M | (m) | $33.44M | $26.73M | (m) | $13.37M | 2.52× |
| 2022-12-31 | $222.51M | $92.21M | $128.38M | (m) | $36.76M | $29.10M | $9.98M | (m) | 2.41× |
| 2022-09-30 | $222.69M | $91.10M | $117.95M | (m) | $42.34M | $30.65M | (m) | $12.92M | 2.44× |
| 2022-06-30 | $234.16M | $118.89M | $102.18M | (m) | $41.10M | $52.82M | (m) | $12.89M | 1.97× |
| 2022-03-31 | $206.67M | $114.24M | $69.92M | (m) | $41.37M | $39.21M | (m) | $15.32M | 1.81× |
| 2021-12-31 | $183.96M | $111.74M | $56.21M | (m) | $54.26M | $27.15M | $7.03M | (m) | 1.65× |
| 2021-09-30 | $168.18M | $104.87M | $49.16M | (m) | $41.30M | $24.88M | (m) | $15.57M | 1.60× |
| 2021-06-30 | $133.13M | $86.49M | $40.61M | (m) | $30.76M | $23.18M | (m) | $14.31M | 1.54× |
| 2021-03-31 | $110.64M | $60.93M | $42.02M | (m) | $29.25M | $15.63M | (m) | $10.63M | 1.82× |
| 2020-12-31 | $111.34M | $110.81M | $46.90M | (m) | $29.15M | $15.97M | $18.68M | (m) | 1.00× |
| 2020-09-30 | $105.65M | $88.39M | $45.56M | (m) | $19.94M | $16.23M | (m) | $31.62M | 1.20× |
| 2020-06-30 | $97.98M | $60.63M | $46.99M | (m) | $18.20M | $11.65M | (m) | $21.49M | 1.62× |
| 2020-03-31 | $101.10M | $72.69M | $39.97M | (m) | $23.14M | $19.16M | (m) | $22.24M | 1.39× |
| 2019-12-31 | $127.96M | $90.85M | $50.56M | (m) | $28.31M | $21.00M | $24.17M | (m) | 1.41× |
| 2019-09-30 | $108.39M | $84.70M | $34.17M | (m) | $29.22M | $17.00M | (m) | $23.74M | 1.28× |
| 2019-06-30 | $93.10M | $64.62M | $41.16M | (m) | $16.00M | $17.45M | (m) | $14.95M | 1.44× |
| 2019-03-31 | $100.46M | $61.20M | $59.12M | (m) | $12.73M | $15.42M | (m) | $18.96M | 1.64× |
| 2018-12-31 | $113.51M | $79.05M | $53.61M | (m) | $28.48M | $19.22M | $19.89M | $20.13M | 1.44× |
| 2018-09-30 | $112.56M | $73.09M | (m) | (m) | $26.83M | $20.86M | (m) | (m) | 1.54× |
| 2018-06-30 | $99.86M | $70.64M | $48.92M | (m) | $18.38M | $17.39M | (m) | (m) | 1.41× |
| 2018-03-31 | $73.98M | $59.70M | $28.21M | (m) | $21.68M | $14.29M | $14.78M | (m) | 1.24× |
| 2017-12-31 | $83.01M | $70.01M | $34.53M | (m) | $21.09M | $15.36M | $15.69M | $18.98M | 1.19× |
| 2017-09-30 | $94.19M | $71.83M | $29.34M | (m) | $30.92M | $16.47M | $17.69M | (m) | 1.31× |
| 2017-06-30 | $84.97M | $75.80M | $29.44M | (m) | $26.65M | $14.94M | $22.18M | (m) | 1.12× |
| 2017-03-31 | $74.05M | $74.61M | $21.72M | (m) | $22.65M | $15.37M | $15.34M | (m) | 0.99× |
| 2016-12-31 | $62.44M | $77.88M | $22.32M | (m) | $15.99M | $13.20M | $15.44M | (m) | 0.80× |
| 2016-09-30 | $63.99M | $66.43M | $28.19M | (m) | $14.81M | $9.34M | $11.04M | (m) | 0.96× |
| 2016-06-30 | $60.56M | $66.45M | $32.42M | (m) | $14.48M | $8.39M | $12.37M | (m) | 0.91× |
| 2016-03-31 | $58.98M | $62.09M | $32.67M | (m) | $13.54M | $7.81M | $10.95M | (m) | 0.95× |
| 2015-12-31 | $69.31M | $72.15M | $37.52M | (m) | $19.62M | $7.49M | $14.06M | (m) | 0.96× |
| 2015-09-30 | $73.21M | $122.67M | $34.20M | (m) | $24.47M | $10.01M | $17.75M | (m) | 0.60× |
| 2015-06-30 | $77.64M | $126.32M | $34.15M | (m) | $21.00M | $12.61M | $16.35M | (m) | 0.61× |
| 2015-03-31 | $83.75M | $136.75M | $42.60M | (m) | $19.57M | $13.79M | $20.86M | (m) | 0.61× |
| 2014-12-31 | $84.87M | $144.69M | $29.82M | (m) | $27.36M | $15.60M | $33.54M | (m) | 0.59× |
| 2014-09-30 | $83.37M | $144.19M | $20.16M | (m) | $30.46M | $21.05M | $35.79M | (m) | 0.58× |
| 2013-12-31 | $98.07M | $111.89M | $18.93M | (m) | $44.69M | $21.07M | $39.20M | (m) | 0.88× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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