PANGAEA LOGISTICS SOLUTIONS LTD. (PANL) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 0.61%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 0.61% | Share-based compensation / revenue. Period ending 2026-06-30. $4.35M ÷ $710.25M × 100 ≈ 0.61% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 710.25M USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 4.35M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 66.17M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
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 | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $710.25M | $4.35M | $66.17M | (m) | (m) | 0.61% | (m) | (m) |
| 2026-03-31 | (m) | $679.82M | $4.28M | $48.48M | (m) | (m) | 0.63% | (m) | (m) |
| 2025-12-31 | (m) | $632.04M | $4.11M | $40.94M | (m) | (m) | 0.65% | (m) | (m) |
| 2025-09-30 | (m) | $595.34M | $3.17M | $38.31M | (m) | (m) | 0.53% | (m) | (m) |
| 2025-06-30 | (m) | $579.78M | $3.20M | $36.39M | (m) | (m) | 0.55% | (m) | (m) |
| 2025-03-31 | (m) | $554.59M | $3.18M | $40.35M | (m) | (m) | 0.57% | (m) | (m) |
| 2024-12-31 | (m) | $536.54M | $2.79M | $48.45M | (m) | (m) | 0.52% | (m) | (m) |
| 2024-09-30 | (m) | $521.24M | $3.01M | $44.20M | (m) | (m) | 0.58% | (m) | (m) |
| 2024-06-30 | (m) | $503.74M | $2.63M | $48.91M | (m) | (m) | 0.52% | (m) | (m) |
| 2024-03-31 | (m) | $490.32M | $2.37M | $49.15M | (m) | (m) | 0.48% | (m) | (m) |
| 2023-12-31 | (m) | $499.27M | $2.09M | $44.62M | (m) | (m) | 0.42% | (m) | (m) |
| 2023-09-30 | (m) | $495.31M | $1.70M | $52.80M | (m) | (m) | 0.34% | (m) | (m) |
| 2023-06-30 | (m) | $544.18M | $1.75M | $63.59M | (m) | (m) | 0.32% | (m) | (m) |
| 2023-03-31 | (m) | $621.64M | $1.80M | $91.98M | (m) | (m) | 0.29% | (m) | (m) |
| 2022-12-31 | (m) | $699.71M | $1.77M | $105.51M | (m) | (m) | 0.25% | (m) | (m) |
| 2022-09-30 | (m) | $806.34M | $1.83M | $117.57M | (m) | (m) | 0.23% | (m) | (m) |
| 2022-06-30 | (m) | $834.89M | $1.88M | $112.60M | (m) | (m) | 0.22% | (m) | (m) |
| 2022-03-31 | (m) | $784.89M | $1.98M | $92.52M | (m) | (m) | 0.25% | (m) | (m) |
| 2021-12-31 | (m) | $718.10M | $2.10M | $78.87M | (m) | (m) | 0.29% | (m) | (m) |
| 2021-09-30 | (m) | $596.40M | $2.13M | $56.35M | (m) | (m) | 0.36% | (m) | (m) |
| 2021-06-30 | (m) | $487.14M | $2.16M | $40.77M | (m) | (m) | 0.44% | (m) | (m) |
| 2021-03-31 | (m) | $411.99M | $2.16M | $28.41M | (m) | (m) | 0.52% | (m) | (m) |
| 2020-12-31 | (m) | $382.90M | $2.31M | $19.70M | (m) | (m) | 0.60% | (m) | (m) |
| 2020-09-30 | (m) | $400.52M | $2.29M | $10.55M | (m) | (m) | 0.57% | (m) | (m) |
| 2020-06-30 | (m) | $415.64M | $2.22M | $13.64M | (m) | (m) | 0.53% | (m) | (m) |
| 2020-03-31 | (m) | $428.53M | $2.17M | $16.67M | (m) | (m) | 0.51% | (m) | (m) |
| 2019-12-31 | (m) | $412.20M | $1.74M | $23.26M | $9.20M | (m) | 0.42% | 2.53× | Reported |
| 2019-09-30 | (m) | $383.55M | $1.50M | $31.83M | $9.12M | (m) | 0.39% | 3.49× | Reported |
| 2019-06-30 | (m) | $360.01M | $1.41M | $30.92M | $8.85M | (m) | 0.39% | 3.49× | Reported |
| 2019-03-31 | (m) | $373.54M | $1.26M | $32.53M | $8.84M | (m) | 0.34% | 3.68× | Reported |
| 2018-12-31 | (m) | $372.97M | $1.20M | $36.07M | $8.69M | (m) | 0.32% | 4.15× | Reported |
| 2018-09-30 | (m) | $373.33M | $1.26M | $35.07M | $8.36M | (m) | 0.34% | 4.20× | Reported |
| 2018-06-30 | (m) | $385.01M | $1.24M | $32.94M | $8.23M | (m) | 0.32% | 4.00× | Reported |
| 2018-03-31 | (m) | $379.61M | $1.24M | $23.32M | $8.38M | (m) | 0.33% | 2.78× | Reported |
| 2017-12-31 | (m) | $385.09M | $1.07M | $15.17M | $7.95M | (m) | 0.28% | 1.91× | Reported |
| 2017-09-30 | (m) | $349.24M | $1.21M | $9.33M | $7.25M | (m) | 0.35% | 1.29× | Reported |
| 2017-06-30 | (m) | $313.00M | $1.10M | $7.07M | $6.40M | (m) | 0.35% | 1.10× | Reported |
| 2017-03-31 | (m) | $278.53M | $912.40K | $9.04M | $5.68M | (m) | 0.33% | 1.59× | Reported |
| 2016-12-31 | (m) | $238.02M | $601.92K | $12.89M | $5.42M | (m) | 0.25% | 2.38× | Reported |
| 2016-09-30 | (m) | $227.61M | $358.76K | $10.76M | $5.39M | (m) | 0.16% | 1.99× | Reported |
| 2016-06-30 | (m) | $228.01M | $327.31K | $7.86M | $5.63M | (m) | 0.14% | 1.40× | Reported |
| 2016-03-31 | (m) | $236.15M | $427.01K | $14.07M | $5.38M | (m) | 0.18% | 2.62× | Reported |
| 2015-12-31 | (m) | $287.33M | $457.07K | $20.53M | $5.42M | (m) | 0.16% | 3.79× | Reported |
| 2015-09-30 | (m) | $334.49M | $374.41K | $7.79M | $5.49M | (m) | 0.11% | 1.42× | Reported |
| 2015-06-30 | (m) | $354.50M | $307.64K | $1.03M | $5.34M | (m) | 0.09% | 0.19× | Reported |
| 2015-03-31 | (m) | $379.18M | $168.37K | $-2.61M | $5.54M | (m) | 0.04% | -0.47× | Reported |
| 2014-12-31 | (m) | $398.28M | $1.82K | $-2.49M | $5.64M | (m) | 0.00% | -0.44× | Reported |
| 2014-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-12-31 | (m) | $392.47M | $0.00 | $21.38M | $5.49M | (m) | 0.00% | 3.90× | Reported |
| 2013-09-30 | (m) | (m) | (m) | (m) | (m) | (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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