Pangaea Change To Inventory vs Depreciation Analysis

PANL Stock  USD 5.35  0.02  0.38%   
Pangaea Logistic financial indicator trend analysis is much more than just breaking down Pangaea Logistic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pangaea Logistic is a good investment. Please check the relationship between Pangaea Logistic Change To Inventory and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pangaea Logistic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Pangaea Stock please use our How to buy in Pangaea Stock guide.

Change To Inventory vs Depreciation

Change To Inventory vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pangaea Logistic Change To Inventory account and Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Pangaea Logistic's Change To Inventory and Depreciation is 0.21. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Depreciation in the same time period over historical financial statements of Pangaea Logistic, assuming nothing else is changed. The correlation between historical values of Pangaea Logistic's Change To Inventory and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Pangaea Logistic are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Inventory i.e., Pangaea Logistic's Change To Inventory and Depreciation go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Depreciation

Depreciation indicates how much of Pangaea Logistic value has been used up. For tax purposes Pangaea Logistic can deduct the cost of the tangible assets it purchases as business expenses. However, Pangaea Logistic must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Pangaea Logistic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pangaea Logistic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pangaea Logistic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Pangaea Stock please use our How to buy in Pangaea Stock guide.At this time, Pangaea Logistic's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 10.24 this year, although the value of Selling General Administrative will most likely fall to about 14.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit97.8M128.9M69.1M62.6M
Total Revenue718.1M699.7M499.3M417.2M

Pangaea Logistic fundamental ratios Correlations

0.780.560.480.720.58-0.220.570.80.020.57-0.580.79-0.30.310.740.760.470.840.54-0.270.3-0.580.350.36-0.18
0.780.540.310.720.57-0.560.350.68-0.090.69-0.240.63-0.090.580.640.690.260.760.31-0.180.15-0.25-0.080.26-0.2
0.560.54-0.290.350.630.13-0.140.76-0.550.53-0.50.58-0.20.130.660.540.750.840.49-0.17-0.34-0.50.410.210.06
0.480.31-0.290.34-0.22-0.210.93-0.10.83-0.07-0.320.17-0.240.21-0.020.15-0.47-0.05-0.04-0.170.91-0.32-0.180.24-0.5
0.720.720.350.340.75-0.640.370.65-0.110.68-0.160.82-0.270.560.580.520.320.650.54-0.710.06-0.160.080.75-0.24
0.580.570.63-0.220.75-0.49-0.130.87-0.680.830.020.89-0.420.30.790.580.690.80.77-0.53-0.50.010.430.550.02
-0.22-0.560.13-0.21-0.64-0.49-0.11-0.220.08-0.59-0.47-0.450.18-0.6-0.18-0.280.16-0.16-0.190.450.04-0.470.27-0.480.22
0.570.35-0.140.930.37-0.13-0.110.00.78-0.09-0.450.23-0.270.20.050.09-0.30.090.07-0.140.89-0.45-0.110.21-0.38
0.80.680.76-0.10.650.87-0.220.0-0.590.76-0.310.83-0.270.270.890.760.810.960.75-0.24-0.33-0.320.520.320.09
0.02-0.09-0.550.83-0.11-0.680.080.78-0.59-0.53-0.25-0.340.04-0.01-0.5-0.28-0.71-0.48-0.480.080.95-0.25-0.4-0.07-0.35
0.570.690.53-0.070.680.83-0.59-0.090.76-0.530.190.75-0.20.340.740.730.430.730.55-0.31-0.320.180.270.43-0.17
-0.58-0.24-0.5-0.32-0.160.02-0.47-0.45-0.31-0.250.19-0.230.07-0.03-0.18-0.27-0.4-0.43-0.110.1-0.41.0-0.25-0.1-0.09
0.790.630.580.170.820.89-0.450.230.83-0.340.75-0.23-0.590.250.780.70.550.790.72-0.63-0.12-0.240.490.67-0.18
-0.3-0.09-0.2-0.24-0.27-0.420.18-0.27-0.270.04-0.20.07-0.590.14-0.28-0.09-0.04-0.18-0.580.49-0.010.07-0.29-0.520.16
0.310.580.130.210.560.3-0.60.20.27-0.010.34-0.030.250.140.10.130.130.260.27-0.270.05-0.03-0.20.36-0.26
0.740.640.66-0.020.580.79-0.180.050.89-0.50.74-0.180.78-0.280.10.770.630.870.61-0.14-0.24-0.180.520.16-0.19
0.760.690.540.150.520.58-0.280.090.76-0.280.73-0.270.7-0.090.130.770.470.780.27-0.13-0.01-0.280.470.17-0.18
0.470.260.75-0.470.320.690.16-0.30.81-0.710.43-0.40.55-0.040.130.630.470.780.62-0.13-0.55-0.40.670.150.31
0.840.760.84-0.050.650.8-0.160.090.96-0.480.73-0.430.79-0.180.260.870.780.780.62-0.2-0.21-0.440.440.270.06
0.540.310.49-0.040.540.77-0.190.070.75-0.480.55-0.110.72-0.580.270.610.270.620.62-0.38-0.35-0.120.490.510.04
-0.27-0.18-0.17-0.17-0.71-0.530.45-0.14-0.240.08-0.310.1-0.630.49-0.27-0.14-0.13-0.13-0.2-0.380.060.1-0.07-0.950.16
0.30.15-0.340.910.06-0.50.040.89-0.330.95-0.32-0.4-0.12-0.010.05-0.24-0.01-0.55-0.21-0.350.06-0.4-0.27-0.02-0.41
-0.58-0.25-0.5-0.32-0.160.01-0.47-0.45-0.32-0.250.181.0-0.240.07-0.03-0.18-0.28-0.4-0.44-0.120.1-0.4-0.25-0.11-0.08
0.35-0.080.41-0.180.080.430.27-0.110.52-0.40.27-0.250.49-0.29-0.20.520.470.670.440.49-0.07-0.27-0.250.07-0.15
0.360.260.210.240.750.55-0.480.210.32-0.070.43-0.10.67-0.520.360.160.170.150.270.51-0.95-0.02-0.110.07-0.17
-0.18-0.20.06-0.5-0.240.020.22-0.380.09-0.35-0.17-0.09-0.180.16-0.26-0.19-0.180.310.060.040.16-0.41-0.08-0.15-0.17
Click cells to compare fundamentals

Pangaea Logistic Account Relationship Matchups

Pangaea Logistic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets479.9M450.4M707.0M748.2M705.2M498.2M
Other Current Liab632.0K18.2M45.1M39.2M30.7M17.9M
Total Current Liabilities90.9M110.8M111.7M92.2M105.3M84.3M
Total Stockholder Equity170.2M182.8M247.2M314.2M323.9M225.0M
Net Tangible Assets170.2M182.8M1.1B1.2B1.4B1.5B
Retained Earnings12.7M23.2M85.7M151.3M159.0M167.0M
Accounts Payable40.0M18.7M7.0M10.0M6.3M6.0M
Cash50.6M46.9M56.2M128.4M99.0M64.1M
Non Current Assets Total352.9M337.4M523.1M525.7M513.4M338.4M
Cash And Short Term Investments50.6M46.9M56.2M128.4M99.0M70.7M
Net Receivables28.3M29.2M54.3M36.8M53.7M31.8M
Common Stock Total Equity4.4K4.5K4.5K491K441.9K419.8K
Liabilities And Stockholders Equity479.9M450.4M707.0M748.2M705.2M498.2M
Capital Surpluse157.5M635.6M658.7M681.3M783.5M626.6M
Inventory21.0M16.0M27.1M29.1M19.1M17.7M
Other Current Assets18.8M19.3M46.3M17.1M20.1M13.8M
Other Stockholder Equity157.5M159.6M161.5M162.9M164.9M146.4M
Total Liab236.8M216.0M406.3M379.5M335.0M227.8M
Property Plant And Equipment Gross335.1M322.0M128.8M520.4M642.2M337.1M
Total Current Assets127.0M113.0M184.0M222.5M191.8M116.2M
Common Stock4.5K4.5K4.6K4.6K4.6K4.4K
Property Plant Equipment335.1M322.0M128.8M143.4M165.0M156.8M
Other Assets2.5M16.9M60.632.0M1.8M1.7M
Long Term Debt88.5M54.6M105.8M98.8M68.4M96.7M
Common Stock Shares Outstanding43.3M43.8M44.8M45.1M45.5M41.5M
Deferred Long Term Liab23.9M41.8M57.1M18.3M21.0M21.1M
Intangible Assets146.4M124.4M80.9M46.6M1.8M1.7M
Net Debt126.5M112.7M250.8M171.1M165.4M146.1M
Non Current Liabilities Total146.0M105.2M294.6M287.3M229.6M167.1M
Short Long Term Debt Total177.0M159.6M307.0M299.5M264.4M222.2M
Property Plant And Equipment Net335.1M322.0M519.1M520.4M504.7M397.4M
Current Deferred Revenue14.4M12.8M32.2M20.9M15.6M15.3M
Short Long Term Debt23.3M60.1M15.7M15.8M30.8M25.0M

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When determining whether Pangaea Logistic is a strong investment it is important to analyze Pangaea Logistic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pangaea Logistic's future performance. For an informed investment choice regarding Pangaea Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pangaea Logistic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Pangaea Stock please use our How to buy in Pangaea Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pangaea Logistic. If investors know Pangaea will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pangaea Logistic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Dividend Share
0.4
Earnings Share
0.47
Revenue Per Share
11.544
Quarterly Revenue Growth
0.129
The market value of Pangaea Logistic is measured differently than its book value, which is the value of Pangaea that is recorded on the company's balance sheet. Investors also form their own opinion of Pangaea Logistic's value that differs from its market value or its book value, called intrinsic value, which is Pangaea Logistic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pangaea Logistic's market value can be influenced by many factors that don't directly affect Pangaea Logistic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pangaea Logistic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pangaea Logistic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pangaea Logistic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.