PAMT CORP Files 2024 10-K: $223M Assets, $220M Liabilities
Ticker: PAMT · Form: 10-K · Filed: Mar 12, 2025 · CIK: 798287
| Field | Detail |
|---|---|
| Company | Pamt Corp (PAMT) |
| Form Type | 10-K |
| Filed Date | Mar 12, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, debt, real-estate
TL;DR
PAMT CORP 2024 10-K: $223M assets, $220M liabilities. Real estate debt due 2030/2032.
AI Summary
PAMT CORP (formerly PAM TRANSPORTATION SERVICES INC) filed its 2024 10-K on March 12, 2025, reporting its fiscal year ending December 31, 2024. The company, incorporated in Nevada, operates in the trucking industry. Key financial figures include total assets of $223.17 million and total liabilities of $220.21 million for the fiscal year 2024. The filing also details real estate financing obligations totaling $22.3 million, with interest rates of 3.02% and 3.62%, maturing in 2030 and 2032 respectively.
Why It Matters
This 10-K filing provides a comprehensive overview of PAMT CORP's financial health and operational status for the fiscal year 2024, crucial for investors and creditors to assess the company's performance and future prospects.
Risk Assessment
Risk Level: medium — The company has significant liabilities relative to its assets and is carrying substantial real estate financing obligations with fixed maturity dates.
Key Numbers
- $223.17M — Total Assets (As of December 31, 2024)
- $220.21M — Total Liabilities (As of December 31, 2024)
- $22.3M — Real Estate Financing Obligations (Includes obligations maturing in 2030 and 2032)
- 3.02% — Interest Rate (On Laredo, TX real estate financing)
- 3.62% — Interest Rate (On financing for terminals and office buildings)
Key Players & Entities
- PAMT CORP (company) — Filer of the 10-K
- PAM TRANSPORTATION SERVICES INC (company) — Former name of PAMT CORP
- 2024 (date) — Fiscal year end
- March 12, 2025 (date) — Filing date
- $223.17 million (dollar_amount) — Total assets for FY 2024
- $220.21 million (dollar_amount) — Total liabilities for FY 2024
- August 2030 (date) — Maturity date for Laredo, TX real estate financing
- March 2032 (date) — Maturity date for other company-owned terminals and office buildings financing
FAQ
What were PAMT CORP's total revenues for the fiscal year 2024?
The provided text does not explicitly state the total revenues for fiscal year 2024. It focuses on assets, liabilities, and financing details.
What is the total amount of PAMT CORP's long-term debt as of December 31, 2024?
The filing mentions real estate financing obligations totaling $22.3 million, but the specific breakdown between current and long-term debt is not detailed in the provided excerpt.
What is the nature of the real estate financing obligations mentioned?
The obligations consist of an installment for real estate in Laredo, TX, payable in 120 installments, and financing for company-owned terminals and office buildings, also payable in 120 installments.
When do the real estate financing obligations mature?
The Laredo, TX financing matures in August 2030, and the financing for terminals and office buildings matures in March 2032.
What is the interest rate on the installment obligation for the purchase of real estate in Laredo, TX?
The interest rate on the Laredo, TX real estate financing is 3.02%.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 12, 2025 regarding PAMT CORP (PAMT).