PANGAEA LOGISTICS SOLUTIONS LTD.: 10-K filed 2017-03-23
What PANGAEA LOGISTICS SOLUTIONS LTD. reported in its annual report filed 2017-03-23 (fiscal FY 2016): 36 published measures, 177 facts as tagged in accession 0001606909-17-000022.
This filing
- Form
- 10-K (annual report)
- Filed
- 2017-03-23
- Fiscal period
- fiscal FY 2016
- Accession
- 0001606909-17-000022 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 2016-12-31 | 362,193,902 | USD | |
| At 2015-12-31 | 366,962,996 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 116,271,401 | USD | |
| At 2015-12-31 | 108,212,525 | 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 | Days |
|---|---|---|---|
| At 2016-12-31 | 22,322,949 | USD | |
| At 2015-12-31 | 37,520,240 | USD | |
| At 2014-12-31 | 29,817,507 | 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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 100,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 7,456,955 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 6,100,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 100,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 1,200,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | -4,787,042 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 11,276,193 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 3,002,669 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 5,460,637 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 7,599,929 | USD | 90 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 66,300,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 238,016,498 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 70,800,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 57,000,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 43,900,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | 55,926,516 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 287,333,241 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 71,188,165 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 65,102,772 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 95,115,788 | USD | 90 |
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 2016-12-31 | -17,409,579 | USD | |
| At 2015-12-31 | -24,866,534 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 35,189,068 | shares | 92 |
| 2016-01-01 to 2016-12-31 | 35,158,917 | shares | 366 |
| 2016-07-01 to 2016-09-30 | 35,165,532 | shares | 92 |
| 2016-04-01 to 2016-06-30 | 35,150,453 | shares | 91 |
| 2016-01-01 to 2016-03-31 | 35,130,211 | shares | 91 |
| 2015-10-01 to 2015-12-31 | 35,045,132 | shares | 92 |
| 2015-01-01 to 2015-12-31 | 34,784,733 | shares | 365 |
| 2015-07-01 to 2015-09-30 | 34,696,980 | shares | 92 |
| 2015-04-01 to 2015-06-30 | 34,696,980 | shares | 91 |
| 2015-01-01 to 2015-03-31 | 34,696,980 | shares | 90 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 35,581,897 | shares | 92 |
| 2016-01-01 to 2016-12-31 | 35,376,950 | shares | 366 |
| 2016-07-01 to 2016-09-30 | 35,347,403 | shares | 92 |
| 2016-04-01 to 2016-06-30 | 35,337,290 | shares | 91 |
| 2016-01-01 to 2016-03-31 | 35,201,307 | shares | 91 |
| 2015-10-01 to 2015-12-31 | 35,382,734 | shares | 92 |
| 2015-01-01 to 2015-12-31 | 34,957,542 | shares | 365 |
| 2015-07-01 to 2015-09-30 | 35,004,808 | shares | 92 |
| 2015-04-01 to 2015-06-30 | 34,887,177 | shares | 91 |
| 2015-01-01 to 2015-03-31 | 34,695,930 | shares | 90 |
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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 0.002 | USD/shares | 92 |
| 2016-01-01 to 2016-12-31 | 0.21 | USD/shares | 366 |
| 2016-07-01 to 2016-09-30 | 0.17 | USD/shares | 92 |
| 2016-04-01 to 2016-06-30 | 0 | USD/shares | 91 |
| 2016-01-01 to 2016-03-31 | 0.03 | USD/shares | 91 |
| 2015-10-01 to 2015-12-31 | -0.14 | USD/shares | 92 |
| 2015-01-01 to 2015-12-31 | 0.32 | USD/shares | 365 |
| 2015-07-01 to 2015-09-30 | 0.09 | USD/shares | 92 |
| 2015-04-01 to 2015-06-30 | 0.16 | USD/shares | 91 |
| 2015-01-01 to 2015-03-31 | 0.22 | USD/shares | 90 |
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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 0.002 | USD/shares | 92 |
| 2016-01-01 to 2016-12-31 | 0.21 | USD/shares | 366 |
| 2016-07-01 to 2016-09-30 | 0.17 | USD/shares | 92 |
| 2016-04-01 to 2016-06-30 | 0 | USD/shares | 91 |
| 2016-01-01 to 2016-03-31 | 0.03 | USD/shares | 91 |
| 2015-10-01 to 2015-12-31 | -0.14 | USD/shares | 92 |
| 2015-01-01 to 2015-12-31 | 0.32 | USD/shares | 365 |
| 2015-07-01 to 2015-09-30 | 0.09 | USD/shares | 92 |
| 2015-04-01 to 2015-06-30 | 0.16 | USD/shares | 91 |
| 2015-01-01 to 2015-03-31 | 0.22 | USD/shares | 90 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 198,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 373,000 | USD | 365 |
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 2016-12-31 | 275,265,672 | USD | |
| At 2015-12-31 | 255,145,807 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 601,921 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 457,068 | USD | 365 |
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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 800,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 12,891,837 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 7,800,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 800,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 3,500,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | -1,287,643 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 20,526,430 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 4,868,752 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 6,996,529 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 9,948,792 | USD | 90 |
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 2016-12-31 | 68,544,266 | USD | |
| At 2015-12-31 | 69,311,406 | 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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 1,300,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 5,423,057 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 1,300,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 1,500,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 1,400,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | 1,235,515 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 5,419,755 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 1,493,536 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 1,279,933 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 1,410,771 | USD | 90 |
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 2016-12-31 | 77,878,979 | USD | |
| At 2015-12-31 | 72,150,503 | 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 2016-12-31 | 15,435,179 | USD | |
| At 2015-12-31 | 14,064,870 | 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 2016-12-31 | 20,476,797 | USD | |
| At 2015-12-31 | 19,617,943 | 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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 65,500,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 225,124,661 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 63,000,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 56,200,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 40,400,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | 57,214,159 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 266,806,811 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 66,319,413 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 58,106,243 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 85,166,996 | USD | 90 |
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 2016-12-31 | 13,202,937 | USD | |
| At 2015-12-31 | 7,490,590 | 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 2016-12-31 | 36,590,417 | shares | |
| At 2015-12-31 | 36,503,837 | 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 2016-12-31 | 133,677,321 | USD | |
| At 2015-12-31 | 133,075,409 | 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 2016-12-31 | 176,677,072 | USD | |
| At 2015-12-31 | 165,316,340 | 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 2016-12-31 | 128,794,208 | USD |
Gross property, plant and equipment
Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 4,059,494 | USD | |
| At 2015-12-31 | 3,743,576 | USD |
Accumulated depreciation on property, plant and equipment
Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 1,176,620 | USD | |
| At 2015-12-31 | 914,748 | USD |
Accrued current liabilities
Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 6,955,389 | USD | |
| At 2015-12-31 | 5,232,864 | 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 2016-12-31 | 6,441,583 | USD | |
| At 2015-12-31 | 2,679,292 | 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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 300,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 9,158,811 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 6,600,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 600,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 1,600,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | -4,773,210 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 13,367,087 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 2,780,774 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 6,029,864 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 9,329,659 | USD | 90 |
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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 3,600,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 12,773,781 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 3,200,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 2,900,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 3,000,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | 3,136,254 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 14,966,463 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 3,595,398 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 3,916,119 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 4,318,692 | USD | 90 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 14,107,822 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 12,730,872 | USD | 365 |
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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | -500,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | -3,733,026 | USD | 366 |
| 2016-07-01 to 2016-09-30 | -1,200,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | -200,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | -1,900,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | -3,485,567 | USD | 92 |
| 2015-01-01 to 2015-12-31 | -7,159,343 | USD | 365 |
| 2015-07-01 to 2015-09-30 | -2,087,978 | USD | 92 |
| 2015-04-01 to 2015-06-30 | -966,665 | USD | 91 |
| 2015-01-01 to 2015-03-31 | -619,133 | USD | 90 |
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 |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | -100,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | -158,528 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 0 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 100,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | -100,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | -1,100,843 | USD | 92 |
| 2015-01-01 to 2015-12-31 | -926,759 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 30,000 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 60,935 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 83,149 | USD | 90 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 1,781,268 | USD | 366 |
| 2015-01-01 to 2015-12-31 | -6,769,321 | USD | 365 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 5,712,347 | USD | 366 |
| 2015-01-01 to 2015-12-31 | -8,111,069 | USD | 365 |
Inspect the source
- Entity
- PANGAEA LOGISTICS SOLUTIONS LTD. / CIK 0001606909
- Captured
- 2026-09-20T09:26:17.274Z
- SEC response SHA-256
e653912afaa2d95d2877d6b8acafc9acaf617dd5fe103d80d0c4808601c34745
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.
Use this in research
A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.
These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.
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Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.
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Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001606909.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))