Balance Sheet for Pangaea Logistics Solutions Ltd. (PANL)

$ 2.27   -0.08 (-3.40%) Volume: 8.13k 4:00 PM EDT 2-Jul-2020
Statement: View:
Assets [+] in Thousands of Dollars
12/2019 12/2018 12/2017 12/2016 12/2015
Cash and Equivalents 50,555 53,615 34,532 22,323 37,520
Restrictable Cash - - 14,100 6,100 2,003
Marketable Securities - - - - -
Accounts Receivable 28,309 28,482 21,089 15,990 19,618
Loans Receivable - - - - -
Other Receivables 34,775 30,962 27,243 21,796 19,618
Receivables 34,775 30,962 27,243 21,796 19,618
Inventories, Raw Materials - - - - -
Inventories, Work in Progress - - - - -
Inventories, Purchased Components - - - - -
Inventories, Finished Goods - - - - -
Inventories, Other 21,001 19,222 15,357 13,203 7,491
Inventories, Adjustments & Allowances - - - - -
Inventories 21,001 19,222 15,357 13,203 7,491
Prepaid Expenses 9,180 8,949 5,002 4,077 1,675
Current Deferred Income Taxes - - - - -
Other Current Assets 3,125 759 877 1,045 1,004
Total Current Assets 126,955 113,506 83,010 62,444 69,311
Land and Improvements - - - 2,541 2,541
Buildings and Improvement - - - - -
Machinery, Furniture and Equipment 8,790 14,025 12,152 8,661 8,441
Construction in Progress - - - - -
Fixed Assets, Other 2,541 2,541 2,541 - -
Fixed Assets, Total 411,818 413,147 397,562 324,304 290,024
Gross Fixed Assets 411,818 413,147 397,562 324,304 290,024
Accumulated Depreciation (76,727) (75,679) (61,275) (49,039) (34,878)
Net Fixed Assets 335,090 337,468 336,287 275,266 255,146
Intangibles - - - - -
Cost in Excess - - - - -
Non-Current Deferred Income Taxes - - - - -
Other Non-Current Assets 2,500 2,500 4,000 6,100 -
Total Non-Current Assets 352,947 339,968 340,287 299,750 297,652
Total Assets 479,903 453,475 423,297 362,194 366,963
Liabilities [+] in Thousands of Dollars
12/2019 12/2018 12/2017 12/2016 12/2015
Accounts Payable 24,173 19,893 15,686 15,435 14,065
Short Term Debt 35,540 25,493 27,775 35,600 32,821
Notes Payable 333 2,878 - - -
Accrued Expenses 15,328 8,779 13,495 7,796 8,091
Accrued Liabilities 15,328 8,779 13,495 7,796 8,091
Deferred Revenues 14,376 14,717 5,816 6,423 4,449
Current Deferred Income Taxes - - - - -
Other Current Liabilities 31,142 33,663 26,549 26,844 25,265
Total Current Liabilities 90,855 79,049 70,010 77,879 72,151
Long Term Debt 88,478 95,374 117,616 107,638 129,496
Deferred Income Tax - - - - -
Other Non-Current Liabilities - - - - -
Minority Interest 72,826 71,679 65,304 60,406 57,104
Capital Lease Obligations 57,498 45,685 25,016 - -
Preferred Securities of Subsidiary Trust - - - - -
Preferred Equity Outside Shareholders' Equity - - - - -
Total Non-Current Liabilities 218,802 212,738 207,936 168,044 186,600
Total Liabilities 309,657 291,787 277,946 245,922 258,750
Preferred Shareholder's Equity - - - - -
Common Shareholder's Equity 170,246 161,688 145,351 116,271 108,213
Common Par 4 4 4 4 4
Additional Paid in Capital 157,505 155,946 154,944 133,677 133,075
Cumulative Translation Adjustments - - - - -
Retained Earnings 12,737 5,737 (9,597) (17,410) (24,867)
Treasury Stock - - - - -
Other Equity Adjustments - - - - -
Total Capitalization 258,724 257,062 262,967 223,909 237,709
Total Equity 170,246 161,688 145,351 116,271 108,213
Total Liabilities & Shareholder's Equity 479,903 453,475 423,297 362,194 366,963
Cash Flow 17,049 23,982 9,101 9,159 13,367
Working Capital 36,101 34,458 13,000 (15,435) (2,839)
Free Cash Flow 2,825 22,594 (34,807) 18,578 (18,846)
Invested Capital 258,724 257,062 262,967 223,909 237,709
Shares Outstanding - Common Class Only 44,886 43,999 43,795 36,590 36,504
Preferred Shares Outstanding - - - - -
Total Ordinary Shares 44,886 43,999 43,795 36,590 36,504
Total Common Shares Outstanding 44,886 43,999 43,795 36,590 36,504
Treasury Shares - - - - -
Basic Weighted Shares Outstanding 42,752 42,249 38,414 35,159 34,785
Diluted Weighted Shares Outstanding 43,267 42,784 38,926 35,377 34,958