Pangaea Logistics Solutions (PANL) - Net assets

Net assets on the balance sheet as of December 2024 : ₹40.44 Billion

According to Pangaea Logistics Solutions's latest financial reports the company has ₹40.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pangaea Logistics Solutions - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$₹40.71 B	32.13%
2023-12-31	$₹30.81 B	1.01%
2022-12-31	$₹30.51 B	36.33%
2021-12-31	$₹22.38 B	30.53%
2020-12-31	$₹17.14 B	-1.09%
2019-12-31	$₹17.33 B	6.23%
2018-12-31	$₹16.31 B	21.32%
2017-12-31	$₹13.45 B	12.03%
2016-12-31	$₹12.00 B	9.28%
2015-12-31	$₹10.98 B	72.74%
2014-12-31	$₹6.35 B	603.29%
2013-12-31	$₹0.90 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Seanergy Maritime SHIP	₹22.33 B	-44.77%	🇬🇷 Greece
Matson MATX	₹225.96 B	458.71%	🇺🇸 USA
Royal Caribbean Group RCL	₹659.06 B	1,529.57%	🇺🇸 USA
Tsakos Energy Navigation TEN	₹150.57 B	272.31%	🇬🇷 Greece

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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