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Pangaea Logistics Solutions (Pangaea Logistics Solutions) Enterprise Value : $511.1 Mil (As of May. 05, 2024)


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What is Pangaea Logistics Solutions Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Pangaea Logistics Solutions's Enterprise Value is $511.1 Mil. Pangaea Logistics Solutions's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $45.3 Mil. Therefore, Pangaea Logistics Solutions's EV-to-EBIT ratio for today is 11.29.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Pangaea Logistics Solutions's Enterprise Value is $511.1 Mil. Pangaea Logistics Solutions's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $75.3 Mil. Therefore, Pangaea Logistics Solutions's EV-to-EBITDA ratio for today is 6.78.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Pangaea Logistics Solutions's Enterprise Value is $511.1 Mil. Pangaea Logistics Solutions's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $499.3 Mil. Therefore, Pangaea Logistics Solutions's EV-to-Revenue ratio for today is 1.02.


Pangaea Logistics Solutions Enterprise Value Historical Data

The historical data trend for Pangaea Logistics Solutions's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pangaea Logistics Solutions Enterprise Value Chart

Pangaea Logistics Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 331.71 290.29 476.67 461.97 594.59

Pangaea Logistics Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 461.97 482.95 562.38 512.10 594.59

Competitive Comparison of Pangaea Logistics Solutions's Enterprise Value

For the Marine Shipping subindustry, Pangaea Logistics Solutions's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pangaea Logistics Solutions's Enterprise Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pangaea Logistics Solutions's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Pangaea Logistics Solutions's Enterprise Value falls into.



Pangaea Logistics Solutions Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Pangaea Logistics Solutions's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Pangaea Logistics Solutions's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pangaea Logistics Solutions  (NAS:PANL) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Pangaea Logistics Solutions's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=511.134/45.265
=11.29

Pangaea Logistics Solutions's current Enterprise Value is $511.1 Mil.
Pangaea Logistics Solutions's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $45.3 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Pangaea Logistics Solutions's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=511.134/75.335
=6.78

Pangaea Logistics Solutions's current Enterprise Value is $511.1 Mil.
Pangaea Logistics Solutions's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $75.3 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Pangaea Logistics Solutions's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=511.134/499.268
=1.02

Pangaea Logistics Solutions's current Enterprise Value is $511.1 Mil.
Pangaea Logistics Solutions's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $499.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pangaea Logistics Solutions Enterprise Value Related Terms

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Pangaea Logistics Solutions (Pangaea Logistics Solutions) Business Description

Traded in Other Exchanges
Address
C/o Phoenix Bulk Carriers (US) LLC, 109 Long Wharf, Newport, RI, USA, 02840
Pangaea Logistics Solutions Ltd and its subsidiaries provide seaborne drybulk transportation services. It transports drybulk cargos including grains, coal, iron, ore, pig, iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The firm's services include cargo loading, cargo discharge, vessel chartering, voyage planning and technical vessel management. The company derives all of its revenues from contracts of affreightment, voyage charters and time charters.
Executives
David Sgro director 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Eric Rosenfeld director 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Petersen Mads Rosenber Boye officer: Chief Operating Officer 109 LONG WHARF, NEWPORT RI 02840
Karen H Beachy director PO BOX 1400, RAPID CITY SD 57709
Pangaea One Acquisition Holdings Xiv, Llc 10 percent owner C/O CARTESIAN CAPITAL GROUP, LLC, 505 FIFTH AVENUE, NEW YORK NY 10017
Gianni Delsignore officer: Chief Financial Officer 257 WICKHAM ROAD, NORTH KINGSTOWN RI 02852
Mark L Filanowski director C/O MARINE TRANSPORT CORP, 1200 HARBOR BOULEVARD, WEEHAWKEN NJ 07087
Nam Trinh director 505 FIFTH AVENUE, 15TH FLOOR, CARTESIAN CAPITAL GROUP, NEW YORK NY 10017
Anthony Laura officer: See Remarks C/O PANGAEA LOGISTICS SOLUTIONS LTD., 109 LONG WHARF, NEWPORT RI 02840
Edward Coll director, 10 percent owner, officer: Chief Executive Officer C/O PANGAEA LOGISTICS SOLUTIONS LTD., 109 LONG WHARF, NEWPORT RI 02840
L.p. Malemod, 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
L.p. Nypsun, 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
L.p. Leggonly, 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
L.p. Imfinno, 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Pangaea One Gp, Llc 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017