PANGAEA LOGISTICS SOLUTIONS LTD.: 10-Q filed 2015-11-12

Name: PANGAEA LOGISTICS SOLUTIONS LTD.: 10-Q filed 2015-11-12
Creator: PANGAEA LOGISTICS SOLUTIONS LTD.

What PANGAEA LOGISTICS SOLUTIONS LTD. reported in its quarterly report filed 2015-11-12 (fiscal Q3 2015): 32 published measures, 89 facts as tagged in accession 0001606909-15-000150.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-11-12
Fiscal period: fiscal Q3 2015
Accession: 0001606909-15-000150 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All PANGAEA LOGISTICS SOLUTIONS LTD. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2015-09-30	355,931,955	USD
At 2014-12-31	332,463,265	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2015-09-30	112,805,233	USD
At 2014-12-31	97,816,194	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2015-09-30	34,201,299	USD
At 2014-12-31	29,817,507	USD
At 2014-09-30	20,157,708	USD
At 2013-12-31	18,927,927	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	3,002,669	USD	92
2015-01-01 to 2015-09-30	16,063,235	USD	273
2014-07-01 to 2014-09-30	-2,909,607	USD	92
2014-01-01 to 2014-09-30	4,913,603	USD	273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	71,188,165	USD	92
2015-01-01 to 2015-09-30	231,406,725	USD	273
2014-07-01 to 2014-09-30	91,205,219	USD	92
2014-01-01 to 2014-09-30	295,197,338	USD	273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2015-09-30	-21,526,300	USD
At 2014-12-31	-36,142,727	USD

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	0.08	USD/shares	92
2015-01-01 to 2015-09-30	0.46	USD/shares	273
2014-07-01 to 2014-09-30	-0.42	USD/shares	92
2014-01-01 to 2014-09-30	-0.1	USD/shares	273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	0.08	USD/shares	92
2015-01-01 to 2015-09-30	0.46	USD/shares	273
2014-07-01 to 2014-09-30	-0.42	USD/shares	92
2014-01-01 to 2014-09-30	-0.1	USD/shares	273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2015-09-30	263,117,007	USD
At 2014-12-31	207,667,613	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	372,595	USD	273
2014-01-01 to 2014-09-30	0	USD	273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	4,868,752	USD	92
2015-01-01 to 2015-09-30	21,814,073	USD	273
2014-07-01 to 2014-09-30	-1,892,204	USD	92
2014-01-01 to 2014-09-30	11,526,891	USD	273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2015-09-30	73,212,359	USD
At 2014-12-31	84,873,420	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	1,493,536	USD	92
2015-01-01 to 2015-09-30	4,184,240	USD	273
2014-07-01 to 2014-09-30	1,348,252	USD	92
2014-01-01 to 2014-09-30	4,338,904	USD	273

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2015-09-30	122,669,219	USD
At 2014-12-31	144,685,296	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2015-09-30	17,748,111	USD
At 2014-12-31	33,538,153	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2015-09-30	24,471,012	USD
At 2014-12-31	27,362,216	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	66,319,413	USD	92
2015-01-01 to 2015-09-30	209,592,652	USD	273
2014-07-01 to 2014-09-30	93,097,423	USD	92
2014-01-01 to 2014-09-30	283,670,447	USD	273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2015-09-30	10,014,506	USD
At 2014-12-31	15,601,659	USD

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2015-09-30	35,537,169	shares
At 2014-12-31	34,756,980	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2015-09-30	134,327,959	USD
At 2014-12-31	133,955,445	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2015-09-30	118,042,578	USD
At 2014-12-31	100,347,553	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2015-09-30	134,559,675	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2015-09-30	836,112	USD
At 2014-12-31	1,450,802	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2015-09-30	3,525,542	USD
At 2014-12-31	6,568,234	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	2,780,774	USD	92
2015-01-01 to 2015-09-30	18,140,297	USD	273
2014-07-01 to 2014-09-30	-3,816,429	USD	92
2014-01-01 to 2014-09-30	4,579,040	USD	273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	3,002,669	USD	92
2015-01-01 to 2015-09-30	16,063,235	USD	273
2014-07-01 to 2014-09-30	-5,648,675	USD	92
2014-01-01 to 2014-09-30	-1,390,145	USD	273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	3,595,398	USD	92
2015-01-01 to 2015-09-30	11,830,209	USD	273
2014-07-01 to 2014-09-30	2,790,350	USD	92
2014-01-01 to 2014-09-30	7,719,226	USD	273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	9,457,269	USD	273
2014-01-01 to 2014-09-30	8,415,174	USD	273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-2,087,978	USD	92
2015-01-01 to 2015-09-30	-3,673,776	USD	273
2014-07-01 to 2014-09-30	-1,924,225	USD	92
2014-01-01 to 2014-09-30	-6,947,851	USD	273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	30,000	USD	92
2015-01-01 to 2015-09-30	174,084	USD	273
2014-07-01 to 2014-09-30	83,803	USD	92
2014-01-01 to 2014-09-30	8,030	USD	273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	-2,437,783	USD	273
2014-01-01 to 2014-09-30	-14,456,533	USD	273

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	-5,587,153	USD	273
2014-01-01 to 2014-09-30	-22,183	USD	273

Inspect the source

Entity: PANGAEA LOGISTICS SOLUTIONS LTD. / CIK 0001606909
Captured: 2026-09-20T09:26:17.274Z
SEC response SHA-256: e653912afaa2d95d2877d6b8acafc9acaf617dd5fe103d80d0c4808601c34745

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001606909.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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