Pangaea Logistics Solutions, Ltd. Interest Expense 2011-2026 | PANL

Interest expense is the amount of interest a company is obligated to pay to creditors for using debt financing (bank loans, bonds, leasing, etc.) during the reporting period.

Includes:

Interest on bank loans
Interest on corporate bonds
Interest on leases
Interest on credit lines and overdrafts

High interest expenses indicate a high debt burden — the company may be vulnerable to rising rates or declining revenue.

Low interest expenses with high profits are a sign of financial stability.

Annual Interest Expense Pangaea Logistics Solutions, Ltd.

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
2.95 M	1.43 M	300 K	300 K	300 K	982 K	315 K	8.69 M	7.95 M	5.42 M	5.42 M	5.64 M	5.49 M	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
8.69 M	300 K	3.48 M

Quarterly Interest Expense Pangaea Logistics Solutions, Ltd.

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
954 K	484 K	393 K	-	551 K	334 K	344 K	-	-213 K	249 K	386 K	-	299 K	81.2 K	137 K	300 K	551 K	-82.5 K	333 K	-	300 K	100 K	600 K	2.4 M	2.5 M	2.1 M	2.2 M	2.3 M	2.23 M	2.09 M	2.06 M	2 M	2.11 M	2.24 M	1.63 M	1.3 M	1.26 M	1.53 M	1.37 M	1.24 M	1.49 M	1.28 M	1.41 M	1.31 M	1.35 M	1.47 M	1.52 M	-	1.42 M	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
2.5 M	-213 K	1.13 M

Interest Expense of other stocks in the Marine shipping industry

Issuer	Interest Expense	Price	% 24h	Market Cap	Country
Capital Product Partners L.P. CPLP	135 M	-	2.13 %	$ 355 B	Greece
Diana Shipping DSX	43 M	$ 2.56	2.81 %	$ 283 M	Greece
Eagle Bulk Shipping EGLE	23.6 M	-	-2.29 %	$ 678 M	USA
Flex LNG Ltd. FLNG	56.2 M	$ 30.47	3.99 %	$ 1.65 B	Bermuda
Castor Maritime CTRM	11.3 M	$ 1.82	-0.54 %	$ 17.6 M	Cyprus
Globus Maritime Limited GLBS	7.51 M	$ 2.37	9.72 %	$ 13.3 B	Greece
Danaos Corporation DAC	-1.2 M	$ 115.43	1.12 %	$ 2.13 B	Greece
Ardmore Shipping Corporation ASC	6.11 M	$ 15.75	3.48 %	$ 640 M	Bermuda
International Seaways INSW	6.17 M	$ 75.38	4.36 %	$ 3.72 B	USA
Star Bulk Carriers Corp. SBLK	71.2 M	$ 24.32	2.83 %	$ 2.8 B	Greece
Seanergy Maritime Holdings Corp. SHIP	20.7 M	$ 14.0	3.32 %	$ 276 M	Greece
Navios Maritime Holdings NM	64.7 M	-	0.22 %	$ 51.7 M	Monaco
Nordic American Tankers Limited NAT	-670 K	$ 6.15	7.33 %	$ 1.29 B	Bermuda
EuroDry Ltd. EDRY	7.69 M	$ 19.78	2.7 %	$ 54 M	Greece
Costamare CMRE	90.2 M	$ 17.28	1.65 %	$ 2.08 B	Greece
Genco Shipping & Trading Limited GNK	-531 K	$ 24.18	4.13 %	$ 1.05 B	USA
Matson MATX	7.3 M	$ 166.39	0.9 %	$ 5.61 B	USA
SEACOR Marine Holdings SMHI	-189 K	$ 7.27	1.11 %	$ 191 M	USA
Kirby Corporation KEX	46.3 M	$ 135.92	0.82 %	$ 7.57 B	USA
Huntington Ingalls Industries HII	105 M	$ 396.62	0.84 %	$ 15.6 B	USA
KNOT Offshore Partners LP KNOP	28.1 M	$ 10.09	1.31 %	$ 341 M	Britain
Top Ships TOPS	8.2 M	-	-1.67 %	$ 22.3 M	Greece
Safe Bulkers SB	-712 K	$ 6.59	2.33 %	$ 679 M	Monaco
Euroseas Ltd. ESEA	10.1 M	$ 67.28	-0.13 %	$ 467 M	Greece
Grindrod Shipping Holdings Ltd. GRIN	17.1 M	$ 27.53	-3.29 %	$ 163 M	Singapore
Performance Shipping PSHG	1.34 M	$ 1.92	-	$ 23.7 M	Greece