Pangaea Logistics Solutions Ltd 's Cash & cash equivalent grew by 87.23 % in the Q2 2026 sequentially, faster than Current Liabilities, this led to improvement in Pangaea Logistics Solutions Ltd 's Quick Ratio to 0.87, above Pangaea Logistics Solutions Ltd average Quick Ratio.

Within Marine Transportation industry 3 other companies have achieved higher Quick Ratio than Pangaea Logistics Solutions Ltd in second quarter 2026. While Quick Ratio total ranking has improved so far during the Q2 2026 to 1917, from total ranking in the first quarter 2026 at 2087.

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PANL Quick Ratio	(Jun 30 2026) Q2	(Mar 31 2026) Q1	(Dec 31 2025) Q4	(Sep 30 2025) Q3	(Jun 30 2025) Q2
Y / Y Current Liabilities Change	52.52 %	40.91 %	7.91 %	36.5 %	50.07 %
Y / Y Cash & cash equivalent Change	183.58 %	40.34 %	18.72 %	0.97 %	-23.98 %
Quick Ratio MRQ	0.87	0.58	0.61	0.72	0.47
PANL's Total Ranking	# 1917	# 2087	# 1370	# 1808	# 1884
Seq. Current Liabilities Change	25.13 %	-9.27 %	29.29 %	3.9 %	15.61 %
Seq. Cash & cash equivalent Change	87.23 %	-12.92 %	9.61 %	58.68 %	-7.34 %

Quick Ratio second quarter 2026 Company Ranking
Within:	No.
Marine Transportation Industry	# 4
Transportation Sector	# 8
Overall Market	# 1917

Quick Ratio Statistics
High	Average	Low
1.48	0.65	0.21
(Mar 31 2023)		(Dec 31 2014)

Financial Statements
Pangaea Logistics Solutions Ltd 's Current Liabilities	$ 192 Millions	Visit PANL's Balance sheet
Pangaea Logistics Solutions Ltd 's Cash & cash equivalent	$ 168 Millions	Visit PANL's Balance sheet
Source of PANL's Sales		Visit PANL's Sales by Geography

Cumulative Pangaea Logistics Solutions Ltd 's Quick Ratio

PANL's Quick Ratio for the trailling 12 Months

PANL Quick Ratio	(Jun 30 2026) 12 Months	(Mar 31 2026) 12 Months	(Dec 31 2025) 12 Months	(Sep 30 2025) 12 Months	(Jun 30 2025) 12 Months
Y / Y Current Liabilities TTM Growth	32.43 %	30.07 %	22.73 %	35.34 %	20.24 %
Y / Y Cash & cash equivalent TTM Growth	50.05 %	7.54 %	-9.46 %	-16.93 %	-15.85 %
Quick Ratio TTM	0.7	0.6	0.6	0.58	0.62
Total Ranking TTM	# 4017	# 3147	# 2523	# 3146	# 2745
Seq. Current Liabilities TTM Growth	11.41 %	8.33 %	2.37 %	7.18 %	9.43 %
Seq. Cash & cash equivalent TTM Growth	31.43 %	8.05 %	5.34 %	0.3 %	-5.81 %

Quick ratio ranking by company, industry and sector >> Back to PANL Financial Strength Comparisons >> Go to Compare PANL Quick Ratio to its Competitors

On the trailing twelve months basis PANL Cash & cash equivalent more than doubled by 183.58 % in Q2 2026 year on year, faster than Current Liabilities, this led to increase in in Pangaea Logistics Solutions Ltd 's Quick Ratio to 0.7, above PANL average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Marine Transportation industry 10 other companies have achieved higher Quick Ratio than Pangaea Logistics Solutions Ltd . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2026 from 3147 to 4017.

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How much Cash & cash equivalents PANL�s has?
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TTM Quick Ratio Company Ranking
Within:	No.
Within the Marine Transportation Industry	# 11
Transportation Sector	# 59
Within the Market	# 4017

trailing twelve months Quick Ratio Statistics
High	Average	Low
1.23	0.68	0.41
(Mar 31 2023)		(Sep 30 2017)

Companies with similar Quick Ratio in the quarter ending Jun 30 2026, within Marine Transportation Industry	Quick Ratio	Jun 30 2026 MRQ Cash & cash equivalent	Jun 30 2026 MRQ Current Liabilities
Dorian Lpg Ltd	1.98	$ 342.141 Millions	$ 172.924 Millions
Genco Shipping and Trading Limited	1.60	$ 73.587 Millions	$ 45.893 Millions
Grindrod Shipping Holdings Ltd	1.32	$ 11.533 Millions	$ 8.709 Millions
Brink s Co	1.03	$ 2,147.900 Millions	$ 2,078.200 Millions
Pangaea Logistics Solutions Ltd	0.87	$ 168.031 Millions	$ 192.184 Millions
Seacor Marine Holdings Inc	0.78	$ 55.397 Millions	$ 70.768 Millions
Expeditors International Of Washington Inc	0.40	$ 1,031.448 Millions	$ 2,559.438 Millions
Forward Air Corporation	0.32	$ 139.448 Millions	$ 441.571 Millions
Radiant Logistics Inc	0.20	$ 25.585 Millions	$ 130.242 Millions

Date modified: 2026-08-12T20:39:42+00:00

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