Company / Income Tax
Pangaea Logistics Solutions Ltd. Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$389.0K
FY2025
5-year range
$389.0K / $605.0K
FY2021-FY2025
Trend
-6.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Income Tax has declined for 3 consecutive years, from $605,000 in FY2022 to $389,000 in FY2025.
Based on SEC 10-K filings.
$389,000 in FY2025 with a 5-year CAGR of -3.2%.
Improved from $443,000 to $389,000 over the past 2 years.
Income Tax over time
Growth rates
- 3-Year CAGR
- -13.7%
- 5-Year CAGR
- -3.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- Pangaea Logistics Solutions Ltd.'s income tax has declined for 3 consecutive years.
- 5-year CAGR of -3.2%, indicating a declining trend.
- In FY2025, income tax decreased 6.7% year-over-year.
- Peak income tax was recorded in FY2022.
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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $389.0K | -6.7% |
| FY2024 | $417.0K | -5.9% |
| FY2023 | $443.0K | -26.8% |
| FY2022 | $605.0K | +4.7% |
| FY2021 | $578.0K | +26.2% |
| FY2020 | $458.0K | +28.7% |
| FY2019 | $356.0K | -16.8% |
| FY2018 | $428.0K | +116.2% |
| FY2017 | $198.0K | -46.9% |
| FY2016 | $373.0K | +2.5% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026