Pangaea Logistics Solutions Ltd.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & Equivalents | $34.5M | $22.3M | $37.5M | $29.8M | $37.5M |
| Accounts Receivable | $21.1M | $16.0M | $19.6M | $27.4M | $44.7M |
| Inventory | $15.4M | $13.2M | $7.5M | $15.6M | $21.1M |
| Total Current Assets | $83.0M | $62.4M | $69.3M | $84.9M | $98.1M |
| Property, Plant & Equipment | $306.3M | $275.3M | $255.1M | $207.7M | $197.2M |
| Goodwill | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — |
| Total Assets | $423.3M | $362.2M | $367.0M | $331.7M | $330.4M |
| Liabilities | |||||
| Accounts Payable | $15.7M | $15.4M | $14.1M | $33.5M | $39.2M |
| Total Current Liabilities | $70.0M | $77.9M | $72.2M | $144.7M | $111.9M |
| Long-Term Debt | $117.6M | $128.8M | $151.1M | $106.2M | — |
| Total Liabilities | $277.9M | $245.9M | $258.8M | $233.8M | $336.2M |
| Stockholders' Equity | |||||
| Retained Earnings | $-9.6M | $-17.4M | $-24.9M | $-36.1M | $-5.9M |
| Total Stockholders' Equity | $145.4M | $116.3M | $108.2M | $97.8M | $-5.8M |