Cost of Goods Sold (Annual)

Cost of Goods Sold: The difference between beginning and ending inventories for tangible products, resulting in an expense that reflects production and sales costs.

Pangaea Logistics Solutions Ltd. (PANL) had Cost of Goods Sold of $368.24M for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$536.54M
Net Income	$28.90M
Cost of Goods Sold	$368.24M
Gross Profit	$168.29M
Operating Expenses	$488.09M
Operating Income	$48.45M
Non-Operating Income/Expense	$-16.68M
Pre-Tax Income	$31.77M
Normalized Pre-Tax Income	$31.77M
Income after Taxes	$31.77M
Income from Continuous Operations	$31.77M
Consolidated Net Income/Loss	$31.77M
Normalized Income after Taxes	$31.77M
EBIT	$48.45M
EBITDA	$79.98M
Weighted-Average Shares Outstanding (Basic)	45.39M
Weighted-Average Shares Outstanding (Diluted)	46.05M
Earnings per Share (EPS) (Basic)	$0.64
Earnings per Share (EPS) (Diluted)	$0.63
Balance Sheet Financials
Current Assets	$191.99M
Property, Plant, and Equipment	$707.83M
Long-Term Assets	$744.46M
Total Assets	$936.46M
Current Liabilities	$109.11M
Long-Term Debt	$352.68M
Long-Term Liabilities	$352.68M
Total Liabilities	$461.79M
Common Equity	$474.66M
Tangible Shareholders Equity	$471.56M
Shareholders Equity	$474.66M
Common Shares Outstanding	64.96M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$65.69M
Cash Flow from Investing Activities	$-67.69M
Cash Flow from Financial Activities	$-10.23M
Beginning Cash	$99.04M
End Cash	$86.81M
Increase/Decrease in Cash	$-12.23M
Stock-Based Compensation	$2.79M
Common Stock Dividends Paid	$-21.04M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.76
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.43
Debt to Equity Ratio	0.84
Gross Margin	31.37%
Operating Margin	9.03%
EBIT Margin	9.03%
EBITDA Margin	14.91%
Pre-Tax Profit Margin	5.92%
Profit Margin	5.39%
Free Cash Flow	$-3.74M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.57
Inventory Turnover	11.21
Receiveable Turnover	12.66
Days Sales in Receivables	28.82
Return on Equity	6.69%
Return on Tangible Equity	6.74%
Return on Assets	3.39%
Return on Investments	3.84%
Book Value Per Share	$7.31
Free Cash Flow per Share	$-0.08
Operating Cash Flow per Share	$1.43

Data from Zacks Investment Research, Inc.