Danaos Corporation (DAC) quarterly balance sheet — complete assets, liabilities & equity history
Danaos Corporation (DAC) balance sheet — 23-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 1.39B | 1.19B | 1.32B | 867.31M | 807.44M | 705.83M | 670.97M | 629.99M | 618.12M | 563.13M | 501.77M | 498.2M | 487.78M | 469.79M | 372.52M | 668.8M | 701.79M | 922.62M | 632.49M | 573.93M |
| Cash & Short-Term Investments | 1.23B | 876.21M | 1.04B | 712.67M | 654.08M | 543.88M | 514.23M | 480.76M | 471.68M | 421.33M | 357.84M | 371.56M | 293.33M | 359.58M | 267.67M | 556.34M | 588.17M | 707.88M | 552.43M | 93.56M |
| Cash Only | 1.01B | 876.21M | 1.04B | 596.37M | 546.16M | 480.54M | 453.38M | 384.34M | 372.45M | 324.33M | 271.81M | 306.29M | 293.33M | 359.58M | 267.67M | 556.34M | 319.57M | 185.32M | 129.41M | 93.56M |
| Short-Term Investments | 223.18M | 0 | 0 | 116.3M | 107.92M | 63.33M | 60.85M | 96.42M | 99.23M | 97.01M | 86.03M | 65.27M | 0 | 0 | 0 | 0 | 268.6M | 522.56M | 423.02M | 0 |
| Accounts Receivable | 100.4M | 34.1M | 38.73M | 96.56M | 91.53M | 95.33M | 92.54M | 87.27M | 83.94M | 80.02M | 73.39M | 61.25M | 41M | 54.56M | 54.81M | 51.95M | 52.9M | 156.2M | 26.11M | 30.59M |
| Days Sales Outstanding | 22.31 | 12.92 | 23.37 | 33.18 | 32.43 | 33.37 | 32.04 | 30.74 | 30.29 | 27.54 | 24.84 | 19.66 | 18.01 | 20.21 | 19.45 | 18.55 | 37.92 | 35.69 | 12.13 | 13.86 |
| Inventory | 22.57M | 0 | 0 | 20.66M | 21.62M | 27.05M | 23.88M | 23.69M | 21.91M | 20.1M | 24.51M | 16.83M | 16.02M | 15.69M | 16.1M | 15.86M | 14.44M | 12.39M | 12.58M | 12.04M |
| Days Inventory Outstanding | 18.85 | - | - | 25.29 | 20.39 | 20.86 | 21.86 | 19.87 | 20.09 | 20.86 | 21.27 | 18.71 | 17.56 | 17.87 | 18.09 | 16.66 | 14.57 | 14.09 | 14.47 | 13.62 |
| Other Current Assets | 31.16M | 279.14M | 243.4M | 35.25M | 35.27M | 35.02M | 38.41M | 36.68M | 38.72M | 39.34M | 44.12M | 47.15M | 134.79M | 38.48M | 32.64M | 42.25M | 43.08M | 44.23M | 39.33M | 436.7M |
| Total Non-Current Assets | 4.06B | 3.92B | 3.79B | 3.75B | 3.71B | 3.73B | 3.67B | 3.62B | 3.43B | 3.25B | 3.16B | 3.06B | 3B | 3.01B | 3.03B | 3.03B | 3.04B | 2.98B | 2.99B | 3B |
| Property, Plant & Equipment | 3.94B | 3.81B | 3.27B | 3.64B | 3.59B | 3.61B | 3.56B | 3.51B | 3.31B | 3.13B | 3.05B | 2.94B | 2.88B | 2.89B | 2.91B | 2.93B | 2.96B | 2.91B | 2.94B | 2.96B |
| Fixed Asset Turnover | 0.07x | 0.07x | 0.08x | 0.07x | 0.07x | 0.07x | 0.07x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.09x | 0.09x | 0.09x | 0.08x | 0.07x | 0.07x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 12.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64K | 161K | 270K | 411K | 937K | 1.68M | 0 | 0 | 0 | 0 | 0 | 7.2M |
| Other Non-Current Assets | 101.68M | 109.99M | 524.81M | 105.49M | 124.37M | 127.76M | 116.54M | 109.08M | 116.68M | 112.59M | 110.64M | 113.22M | 117.95M | 123.42M | 115.48M | 94.32M | 78.28M | 71.82M | 53.54M | 40.31M |
| Total Assets | 5.45B | 5.11B | 5.11B | 4.61B | 4.52B | 4.44B | 4.34B | 4.25B | 4.05B | 3.81B | 3.66B | 3.55B | 3.48B | 3.48B | 3.4B | 3.7B | 3.74B | 3.9B | 3.63B | 3.58B |
| Asset Turnover | 0.05x | 0.05x | 0.05x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.06x | 0.06x | 0.06x |
| Asset Growth % | 20.49% | 15.08% | 17.73% | 8.48% | 11.73% | 16.51% | 18.64% | 19.69% | 16.13% | 9.43% | 7.67% | -3.85% | -6.79% | -10.83% | -6.26% | 3.29% | 16.81% | 19.96% | 33.63% | 32.74% |
| Total Current Liabilities | 149.49M | 137.34M | 401.68M | 187.88M | 150.72M | 162.55M | 168.95M | 160.41M | 147.75M | 144.82M | 168.16M | 173.08M | 185.07M | 252.88M | 228.41M | 288.3M | 336.08M | 322.52M | 319.31M | 391.76M |
| Accounts Payable | 122.86M | 32.42M | 118.66M | 23.36M | 23.59M | 32.15M | 29.04M | 24.82M | 23.57M | 22.25M | 22.82M | 18.1M | 17.53M | 23.47M | 24.5M | 18.48M | 18.56M | 21.72M | 18.93M | 15.16M |
| Days Payables Outstanding | 64.85 | 65.92 | 134.88 | 28.09 | 23.36 | 25.06 | 24.75 | 21.08 | 21.91 | 21.07 | 21.05 | 20.29 | 22.7 | 26.97 | 24.33 | 20.37 | 21.88 | 22.94 | 20.04 | 16.84 |
| Short-Term Debt | 26.63M | 21.81M | 283.01M | 77.29M | 37.66M | 37.66M | 35.22M | 31.72M | 25.16M | 20.5M | 21.3M | 24.4M | 27.5M | 27.5M | 54.97M | 71.5M | 71.5M | 94.15M | 95.75M | 181.8M |
| Deferred Revenue (Current) | 0 | 29.6M | 0 | 41.78M | 41.52M | 47.09M | 49.66M | 58.65M | 51.53M | 54.84M | 63.82M | 76.47M | 89.91M | 99.68M | 111.15M | 134.31M | 154.11M | 69.83M | 0 | 78.31M |
| Other Current Liabilities | 0 | 31.47M | 0 | 29.21M | 24.56M | 27.68M | 31.39M | 28.56M | 22.86M | 32.05M | 39.76M | 37.42M | 50.13M | 19.58M | 10.18M | 36.8M | 38.82M | 43.16M | 85.83M | 115.5M |
| Current Ratio | 9.30x | 8.66x | 3.28x | 4.62x | 5.36x | 4.34x | 3.97x | 3.93x | 4.18x | 3.89x | 2.98x | 2.88x | 2.64x | 1.86x | 1.63x | 2.32x | 2.09x | 2.86x | 1.98x | 1.46x |
| Quick Ratio | 9.15x | 8.66x | 3.28x | 4.51x | 5.21x | 4.18x | 3.83x | 3.78x | 4.04x | 3.75x | 2.84x | 2.78x | 2.55x | 1.80x | 1.56x | 2.26x | 2.05x | 2.82x | 1.94x | 1.43x |
| Cash Conversion Cycle | -23.69 | - | - | 30.39 | 29.47 | 29.17 | 29.15 | 29.53 | 28.47 | 27.32 | 25.06 | 18.08 | 12.86 | 11.11 | 13.21 | 14.85 | 30.61 | 26.84 | 6.56 | 10.64 |
| Total Non-Current Liabilities | 1.24B | 1.05B | 916.68M | 716.27M | 777.89M | 782.57M | 749.9M | 706.97M | 621.39M | 515.04M | 476.66M | 488.49M | 509.88M | 538.21M | 611.41M | 985.25M | 1.01B | 1.18B | 1.22B | 1.26B |
| Long-Term Debt | 1.18B | 1B | 872.08M | 675.24M | 723.53M | 732.19M | 699.56M | 647.28M | 544.54M | 431.49M | 382.87M | 386.22M | 389.56M | 396M | 402.44M | 774.97M | 790.27M | 998.05M | 1.02B | 1.04B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44.54M | 51.38M | 58.09M | 120.45M | 136.51M | 152.66M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 57.25M | 49.72M | 44.6M | 34.42M | 43.2M | 33.32M | 27.44M | 30M | 38.09M | 34.27M | 33.65M | 31.03M | 37.98M | 46.96M | 52.86M | 28.31M | 13.62M | 29.62M | 65.37M | 30.63M |
| Total Liabilities | 1.39B | 1.19B | 1.32B | 904.15M | 928.61M | 945.13M | 918.85M | 867.38M | 769.14M | 659.86M | 644.82M | 661.57M | 694.95M | 791.09M | 839.81M | 1.27B | 1.35B | 1.5B | 1.54B | 1.66B |
| Total Debt | 1.21B | 1.03B | 1.16B | 752.53M | 761.19M | 769.85M | 734.78M | 679M | 569.7M | 451.99M | 404.17M | 410.62M | 417.06M | 489.1M | 529.42M | 924.93M | 966.15M | 1.3B | 1.34B | 1.37B |
| Net Debt | 202.45M | 149.12M | 117.8M | 156.16M | 215.03M | 289.31M | 281.4M | 294.66M | 197.26M | 127.66M | 132.37M | 104.33M | 123.73M | 129.52M | 261.75M | 368.58M | 646.58M | 1.11B | 1.21B | 1.28B |
| Debt / Equity | 0.30x | 0.26x | 0.30x | 0.20x | 0.21x | 0.22x | 0.21x | 0.20x | 0.17x | 0.14x | 0.13x | 0.14x | 0.15x | 0.18x | 0.21x | 0.38x | 0.40x | 0.54x | 0.64x | 0.71x |
| Debt / EBITDA | 6.54x | 5.75x | 7.03x | 4.14x | 4.28x | 4.80x | 4.34x | 3.98x | 3.27x | 2.65x | 2.51x | 2.35x | 2.40x | 2.73x | 2.49x | 4.55x | 4.99x | 7.37x | 10.17x | 10.25x |
| Net Debt / EBITDA | 1.09x | 0.84x | 0.72x | 0.86x | 1.21x | 1.81x | 1.66x | 1.73x | 1.13x | 0.75x | 0.82x | 0.60x | 0.71x | 0.72x | 1.23x | 1.81x | 3.34x | 6.32x | 9.19x | 9.55x |
| Interest Coverage | 14.63x | 12.03x | 8.64x | 14.83x | 13.25x | 11.39x | 9.26x | 14.63x | 28.64x | 38.35x | 34.33x | 24.80x | 21.76x | 19.87x | 12.30x | 5.38x | 1.64x | 20.40x | 10.66x | 13.16x |
| Total Equity | 4.06B | 3.92B | 3.8B | 3.71B | 3.59B | 3.49B | 3.42B | 3.39B | 3.28B | 3.15B | 3.02B | 2.89B | 2.79B | 2.69B | 2.56B | 2.42B | 2.39B | 2.4B | 2.09B | 1.92B |
| Equity Growth % | 12.92% | 12.13% | 10.83% | 9.57% | 9.62% | 10.92% | 13.54% | 17.08% | 17.48% | 17.09% | 17.81% | 19.38% | 16.84% | 11.86% | 22.62% | 26.01% | 39.36% | 77.13% | 101.63% | 92.33% |
| Book Value per Share | 222.22 | 214.86 | 206.66 | 201.84 | 195.29 | 186.02 | 178.19 | 173.51 | 167.89 | 160.84 | 154.99 | 146.87 | 138.91 | 132.20 | 126.15 | 119.24 | 115.29 | 116.09 | 102.59 | 93.34 |
| Total Shareholders' Equity | 4.06B | 3.92B | 3.8B | 3.71B | 3.59B | 3.49B | 3.42B | 3.39B | 3.28B | 3.15B | 3.02B | 2.89B | 2.79B | 2.69B | 2.56B | 2.42B | 2.39B | 2.4B | 2.09B | 1.92B |
| Common Stock | 182K | 182K | 183K | 183K | 183K | 186K | 190K | 193K | 193K | 194K | 194K | 195K | 197K | 203K | 203K | 202K | 205K | 207K | 207K | 206K |
| Retained Earnings | 3.53B | 3.4B | 3.28B | 3.17B | 3.06B | 2.94B | 2.84B | 2.77B | 2.66B | 2.54B | 2.4B | 2.27B | 2.15B | 2.02B | 1.89B | 1.75B | 1.7B | 1.7B | 1.39B | 1.23B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -68.52M | -69.97M | -71.41M | -66.85M | -68.05M | -69.25M | -70.43M | -72.47M | -73.65M | -74.81M | -75.98M | -70.94M | -72.04M | -73.13M | -74.21M | -68.75M | -69.66M | -70.56M | -71.45M | -71.85M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |