PANL (Pangaea Logistics Solutions) Interest Coverage: 1.82 (As of Mar. 2026) — 38% Below Median


PANL Pangaea Logistics Solutions Ltd PANL
69 GF Score
Price $6.80
GF Value $5.85
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Pangaea Logistics Solutions Interest Coverage?

Pangaea Logistics Solutions PANL -2.00% 69 Interest Coverage is 1.82 as of Mar. 2026, which is 38% below its 10-year median of 2.95. GuruFocus rates PANL with a GF Score™ of 69/100 and a GF Value™ of $5.85 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 838 Transportation companies, Pangaea Logistics Solutions ranks worse than 80.67% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Pangaea Logistics Solutions's Operating Income for the three months ended in Mar. 2026 was $10.8 Mil. Pangaea Logistics Solutions's Interest Expense for the three months ended in Mar. 2026 was $-5.9 Mil. Pangaea Logistics Solutions's interest coverage for the quarter that ended in Mar. 2026 was 1.82. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Pangaea Logistics Solutions's Interest Coverage or its related term are showing as below:

PANL' s Interest Coverage Range Over the Past 10 Years
Min: 1.58   Med: 2.95   Max: 6.85
Current: 1.93


PANL's Interest Coverage is ranked worse than
80.67% of 838 companies
in the Transportation industry
Industry Median: 5.72 vs PANL: 1.93

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Pangaea Logistics Solutions  (NAS:PANL) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Pangaea Logistics Solutions Interest Coverage Related Terms


Pangaea Logistics Solutions Interest Coverage Historical Data

* Premium members only.

The historical data trend for Pangaea Logistics Solutions's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Pangaea Logistics Solutions Interest Coverage Chart

Pangaea Logistics Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.85 4.85 2.65 2.40 1.58

Pangaea Logistics Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 0.48 0.61 2.81 2.49 1.82

PANL vs ESEA, CMDB, SB: Interest Coverage Comparison

For the Marine Shipping subindustry, Pangaea Logistics Solutions's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry

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

* The bar in red indicates where Pangaea Logistics Solutions's Interest Coverage falls into.


PANL
69GF Score
Pangaea Logistics Solutions Ltd PANL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pangaea Logistics Solutions Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pangaea Logistics Solutions's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Pangaea Logistics Solutions's Interest Expense was $-24.0 Mil. Its Operating Income was $37.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $105.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*37.944/-24.006
=1.58

Pangaea Logistics Solutions's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Pangaea Logistics Solutions's Interest Expense was $-5.9 Mil. Its Operating Income was $10.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $101.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10.825/-5.944
=1.82

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.82 mean?
Pangaea Logistics Solutions (PANL) has a Interest Coverage of 1.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pangaea Logistics Solutions and its competitors. This is 38% below median its historical median of 2.95. Over the past decade, Pangaea Logistics Solutions' Interest Coverage has ranged from 1.58 to 6.85. According to the industry distribution chart, Pangaea Logistics Solutions ranks #676 out of 838 companies in the Transportation industry, placing it in the top 80.7%.
Is Pangaea Logistics Solutions' Interest Coverage too high?
Pangaea Logistics Solutions' current Interest Coverage of 1.82 is 38% below median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 6.85. The Transportation industry median Interest Coverage is 5.72. Pangaea Logistics Solutions' value of 1.82 is 68.2% below this industry median. Based on the distribution chart, Pangaea Logistics Solutions ranks #676 out of 838 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Pangaea Logistics Solutions has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pangaea Logistics Solutions' Interest Coverage compare to ESEA and CMDB?
According to the Transportation industry distribution chart, Pangaea Logistics Solutions ranks #676 out of 838 companies for Interest Coverage. This places Pangaea Logistics Solutions in the lower half of its industry. The industry median Interest Coverage is 5.72. Pangaea Logistics Solutions' value of 1.82 is 68.2% below this benchmark. Historically, Pangaea Logistics Solutions' own Interest Coverage has ranged from 1.58 to 6.85 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 5.72, Pangaea Logistics Solutions has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pangaea Logistics Solutions's current Interest Coverage of 1.82 is 68.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pangaea Logistics Solutions and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pangaea Logistics Solutions's current Interest Coverage is 1.82, which is 38% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pangaea Logistics Solutions stock overvalued right now?
Based on GuruFocus' analysis, Pangaea Logistics Solutions (PANL) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.85, compared to a current price of $6.80 — trading 16.2% above its estimated fair value. The current Interest Coverage is 1.82, which is 38% below median its 10-year median of 2.95 and 68.2% below the Transportation industry median of 5.72. Pangaea Logistics Solutions' overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Pangaea Logistics Solutions (PANL), the current Interest Coverage is 1.82 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pangaea Logistics Solutions (PANL) Overvalued in 2026?

Based on GuruFocus' analysis, Pangaea Logistics Solutions stock appears to be overvalued. The current stock price of $6.80 is trading 16.2% above its estimated GF Value™ of $5.85. GuruFocus considers Pangaea Logistics Solutions to be Modestly Overvalued.

Key valuation signals for PANL:

  • Interest Coverage: 1.82 (38% below median its 10-year median of 2.95)
  • GF Value™: $5.85 vs. price of $6.80 (16.2% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 68.2% below the Transportation median (#676 of 838)

No single metric tells the full story. See the PANL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pangaea Logistics Solutions Business Description

Address C/o Phoenix Bulk Carriers (US) LLC, 109 Long Wharf, Newport, RI, USA, 02840
Pangaea Logistics Solutions Ltd and its subsidiaries collectively, Pangaea or the Company, provide seaborne drybulk logistics and transportation services as well as terminal and stevedoring services. Pangaea utilizes its logistics expertise to service a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The Company's operating segments include the shipping segment: The Company's operating segments include the shipping segment and six terminal and stevedoring operating segments. The company operates in the USA, Germany, Canada, Singapore, the United Kingdom, and other countries, with maximum from the USA and others.
69GF Score

Get the complete analysis for PANL

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.80
Price
$5.85
GF Value