Company / Accounts Receivable
Pangaea Logistics Solutions Ltd. Accounts Receivable History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$55.9M
FY2025
5-year range
$36.8M / $55.9M
FY2021-FY2025
Trend
+31.8%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Accounts Receivable has fluctuated over the past 10 years, ranging from $20M in FY2016 to $56M in FY2025.
Based on SEC 10-K filings.
$56M in FY2025 with a 5-year CAGR of +13.9%.
Improved from $37M to $56M over the past 2 years.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- +15.0%
- 5-Year CAGR
- +13.9%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +13.9%, indicating consistent growth.
- In FY2025, accounts receivable increased 31.8% year-over-year.
- Lowest accounts receivable in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 1.17 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $55.9M | +31.8% |
| FY2024 | $42.4M | +15.3% |
| FY2023 | $36.8M | +0.0% |
| FY2022 | $36.8M | -32.3% |
| FY2021 | $54.3M | +86.1% |
| FY2020 | $29.2M | +3.0% |
| FY2019 | $28.3M | -0.6% |
| FY2018 | $28.5M | +35.1% |
| FY2017 | $21.1M | +3.0% |
| FY2016 | $20.5M | +4.4% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026