Pangaea Logistics Solutions, Ltd.PANLNASDAQ
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Interest Coverage Over Time
Below historical average, slight contraction.
Left:
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Interest coverage ratio
Latest
2.40
↓ 28% below average
Average (9y)
3.33
Historical baseline
Range
High:6.85
Low:1.94
CAGR
-4.1%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 2.40 | -5.9% |
| 2023 | 2.55 | -45.8% |
| 2022 | 4.71 | -31.3% |
| 2021 | 6.85 | +172.3% |
| 2020 | 2.52 | +0.3% |
| 2019 | 2.51 | -38.2% |
| 2018 | 4.05 | +109.2% |
| 2017 | 1.94 | -13.8% |
| 2016 | 2.25 | -35.9% |
| 2015 | 3.51 | - |