Pangaea Logistics Solutions, Ltd.PANLNASDAQ
LOADING
|||
Debt to Equity Over Time
Trending higher, slight contraction.
Left:
||||
Debt-to-equity ratio
Latest
0.93
↓ 14% below average
Average (9y)
1.08
Historical baseline
Range
High:1.50
Low:0.82
CAGR
-5.2%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.93 | +13.8% |
| 2023 | 0.82 | -14.3% |
| 2022 | 0.95 | -23.2% |
| 2021 | 1.24 | +42.2% |
| 2020 | 0.87 | -16.0% |
| 2019 | 1.04 | -0.8% |
| 2018 | 1.05 | -10.6% |
| 2017 | 1.17 | -4.8% |
| 2016 | 1.23 | -17.9% |
| 2015 | 1.50 | - |