PANGAEA LOGISTICS SOLUTIONS LTD. (PANL) Quick Ratio
- Quick ratio · latest quarter: Value (m); Formula and calculation Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30..
Quick ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Quick ratio · latest quarter | (m) | Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Cash, securities and trade receivables | (m) | Cash and Cash Equivalents, at Carrying Value · Accounts Receivable, after Allowance for Credit Loss, 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 · excluded from quick assets | 51.09M USD | Inventory, Net |
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 | Cash, securities and trade receivables (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory · excluded from quick assets (USD) | Quick ratio |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $192.18M | $105.67M | (m) | $59.15M | $51.09M | (m) |
| 2026-03-31 | (m) | $153.59M | $89.74M | (m) | $61.28M | $40.26M | (m) |
| 2025-12-31 | (m) | $128.03M | $103.05M | (m) | $55.85M | $28.39M | (m) |
| 2025-09-30 | (m) | $130.93M | $94.02M | (m) | $45.57M | $36.14M | (m) |
| 2025-06-30 | (m) | $126.01M | $59.25M | (m) | $49.33M | $38.58M | (m) |
| 2025-03-31 | (m) | $109.00M | $63.95M | (m) | $47.92M | $36.03M | (m) |
| 2024-12-31 | (m) | $109.11M | $86.81M | (m) | $42.37M | $32.85M | (m) |
| 2024-09-30 | (m) | $95.91M | $93.12M | (m) | $44.16M | $26.74M | (m) |
| 2024-06-30 | (m) | $83.97M | $77.95M | (m) | $41.33M | $28.89M | (m) |
| 2024-03-31 | (m) | $99.34M | $95.87M | (m) | $42.00M | $22.15M | (m) |
| 2023-12-31 | (m) | $105.33M | $99.04M | (m) | $47.89M | $16.56M | (m) |
| 2023-09-30 | (m) | $115.29M | $87.36M | (m) | $53.50M | $26.35M | (m) |
| 2023-06-30 | (m) | $110.70M | $84.30M | (m) | $42.82M | $27.45M | (m) |
| 2023-03-31 | (m) | $87.12M | $129.15M | (m) | $33.44M | $26.73M | (m) |
| 2022-12-31 | (m) | $92.21M | $128.38M | (m) | $36.76M | $29.10M | (m) |
| 2022-09-30 | (m) | $91.10M | $117.95M | (m) | $42.34M | $30.65M | (m) |
| 2022-06-30 | (m) | $118.89M | $102.18M | (m) | $41.10M | $52.82M | (m) |
| 2022-03-31 | (m) | $114.24M | $69.92M | (m) | $41.37M | $39.21M | (m) |
| 2021-12-31 | (m) | $111.74M | $56.21M | (m) | $54.26M | $27.15M | (m) |
| 2021-09-30 | (m) | $104.87M | $49.16M | (m) | $41.30M | $24.88M | (m) |
| 2021-06-30 | (m) | $86.49M | $40.61M | (m) | $30.76M | $23.18M | (m) |
| 2021-03-31 | (m) | $60.93M | $42.02M | (m) | $29.25M | $15.63M | (m) |
| 2020-12-31 | (m) | $110.81M | $46.90M | (m) | $29.15M | $15.97M | (m) |
| 2020-09-30 | (m) | $88.39M | $45.56M | (m) | $19.94M | $16.23M | (m) |
| 2020-06-30 | (m) | $60.63M | $46.99M | (m) | $18.20M | $11.65M | (m) |
| 2020-03-31 | (m) | $72.69M | $39.97M | (m) | $23.14M | $19.16M | (m) |
| 2019-12-31 | (m) | $90.85M | $50.56M | (m) | $28.31M | $21.00M | (m) |
| 2019-09-30 | (m) | $84.70M | $34.17M | (m) | $29.22M | $17.00M | (m) |
| 2019-06-30 | (m) | $64.62M | $41.16M | (m) | $16.00M | $17.45M | (m) |
| 2019-03-31 | (m) | $61.20M | $59.12M | (m) | $12.73M | $15.42M | (m) |
| 2018-12-31 | (m) | $79.05M | $53.61M | (m) | $28.48M | $19.22M | (m) |
| 2018-09-30 | (m) | $73.09M | (m) | (m) | $26.83M | $20.86M | (m) |
| 2018-06-30 | (m) | $70.64M | $48.92M | (m) | $18.38M | $17.39M | (m) |
| 2018-03-31 | (m) | $59.70M | $28.21M | (m) | $21.68M | $14.29M | (m) |
| 2017-12-31 | (m) | $70.01M | $34.53M | (m) | $21.09M | $15.36M | (m) |
| 2017-09-30 | (m) | $71.83M | $29.34M | (m) | $30.92M | $16.47M | (m) |
| 2017-06-30 | (m) | $75.80M | $29.44M | (m) | $26.65M | $14.94M | (m) |
| 2017-03-31 | (m) | $74.61M | $21.72M | (m) | $22.65M | $15.37M | (m) |
| 2016-12-31 | (m) | $77.88M | $22.32M | (m) | $20.48M | $13.20M | (m) |
| 2016-09-30 | (m) | $66.43M | $28.19M | (m) | $14.81M | $9.34M | (m) |
| 2016-06-30 | (m) | $66.45M | $32.42M | (m) | $14.48M | $8.39M | (m) |
| 2016-03-31 | (m) | $62.09M | $32.67M | (m) | $13.54M | $7.81M | (m) |
| 2015-12-31 | (m) | $72.15M | $37.52M | (m) | $19.62M | $7.49M | (m) |
| 2015-09-30 | (m) | $122.67M | $34.20M | (m) | $24.47M | $10.01M | (m) |
| 2015-06-30 | (m) | $126.32M | $34.15M | (m) | $21.00M | $12.61M | (m) |
| 2015-03-31 | (m) | $136.75M | $42.60M | (m) | $19.57M | $13.79M | (m) |
| 2014-12-31 | (m) | $144.69M | $29.82M | (m) | $27.36M | $15.60M | (m) |
| 2014-09-30 | (m) | $144.19M | $20.16M | (m) | $30.46M | $21.05M | (m) |
| 2014-06-30 | (m) | (m) | $21.50M | (m) | (m) | (m) | (m) |
| 2014-03-31 | (m) | (m) | $23.37M | (m) | (m) | (m) | (m) |
| 2013-12-31 | (m) | $111.89M | $18.93M | (m) | $44.69M | $21.07M | (m) |
| 2013-09-30 | (m) | (m) | $23.81M | (m) | (m) | (m) | (m) |
| 2012-12-31 | (m) | (m) | $19.70M | (m) | (m) | (m) | (m) |
(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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