Pangaea Logistic (PANL) - Total Assets
Based on the latest financial reports, Pangaea Logistic (PANL) holds total assets worth $932.15 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore how well can Pangaea Logistic service its debt to assess how comfortably operating cash covers total debt obligations.
Pangaea Logistic - Total Assets Trend (2011–2024)
This chart illustrates how Pangaea Logistic's total assets have evolved over time, based on quarterly financial data. See Pangaea Logistic shareholders equity for net asset value and shareholders' equity analysis.
Pangaea Logistic - Asset Composition Analysis
Current Asset Composition (December 2024)
Pangaea Logistic's total assets of $932.15 Million consist of 20.5% current assets and 79.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.3% |
| Accounts Receivable | $49.72 Million | 5.3% |
| Inventory | $32.85 Million | 3.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.01 Million | 0.1% |
| Goodwill | $3.10 Million | 0.3% |
Asset Composition Trend (2011–2024)
This chart illustrates how Pangaea Logistic's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see PANL company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Pangaea Logistic's current assets represent 20.5% of total assets in 2024, a decrease from 96.9% in 2011.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, down from 29.9% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 5.3% of total assets.
Pangaea Logistic Competitors by Total Assets
Key competitors of Pangaea Logistic based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vapores
SN:VAPORES
|
Chile | CL$7.20 Billion |
|
Bohai Ferry Co Ltd
SHG:603167
|
China | CN¥4.19 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥695.80 Million |
|
Euroseas Ltd
NASDAQ:ESEA
|
USA | $700.46 Million |
|
Jinzhou Port Co Ltd A
SHG:600190
|
China | CN¥9.87 Billion |
|
Pelayaran Nelly Dwi Putri Tbk
JK:NELY
|
Indonesia | Rp1.26 Trillion |
|
ADS Maritime Holding Plc
OL:ADS
|
Norway | Nkr21.94 Million |
|
PERFORMANCE SHIPP.
F:DS2
|
Germany | €559.85 Million |
Pangaea Logistic - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.62 | 2.05 | 1.00 |
| Quick Ratio | 1.35 | 1.77 | 0.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $81.70 Million | $100.33 Million | $532.44K |
Pangaea Logistic - Advanced Valuation Insights
This section examines the relationship between Pangaea Logistic's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.31 |
| Latest Market Cap to Assets Ratio | 0.53 |
| Asset Growth Rate (YoY) | 32.8% |
| Total Assets | $936.46 Million |
| Market Capitalization | $494.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pangaea Logistic's assets below their book value (0.53x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Pangaea Logistic's assets grew by 32.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Pangaea Logistic (2011–2024)
The table below shows the annual total assets of Pangaea Logistic from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $936.46 Million | +32.80% |
| 2023-12-31 | $705.18 Million | -5.76% |
| 2022-12-31 | $748.24 Million | +5.83% |
| 2021-12-31 | $707.02 Million | +56.98% |
| 2020-12-31 | $450.40 Million | -6.15% |
| 2019-12-31 | $479.90 Million | +5.83% |
| 2018-12-31 | $453.47 Million | +7.13% |
| 2017-12-31 | $423.30 Million | +16.87% |
| 2016-12-31 | $362.19 Million | -1.30% |
| 2015-12-31 | $366.96 Million | +10.38% |
| 2014-12-31 | $332.46 Million | +235.63% |
| 2013-12-31 | $99.06 Million | -57.14% |
| 2012-12-31 | $231.14 Million | -38.18% |
| 2011-12-31 | $373.88 Million | -- |
About Pangaea Logistic
Pangaea Logistics Solutions Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers transportation services for various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone; and terminal and stevedoring services. The comp… Read more