Pangaea Logistics Solutions (PANL)

Net assets on the balance sheet as of September 2024 : ₹32.17 Billion

According to Pangaea Logistics Solutions's latest financial reports the company has ₹32.17 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
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	₹22.29 B	-30.69%	🇬🇷 Greece
Matson MATX	₹217.13 B	574.92%	🇺🇸 USA
Royal Caribbean RCL	₹613.51 B	1,807.00%	🇺🇸 USA
Tsakos Energy Navigation TNP	₹142.80 B	343.87%	🇬🇷 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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Pangaea Logistics Solutions (PANL) - Net assets

Net assets on the balance sheet as of September 2024 : ₹32.17 Billion