Danaos Corporation (DAC)

Danaos Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	480.54	453.38	271.81	267.67	129.41	65.66
Short-Term Investments	-	60.85	86.03	-	423.02	-
Cash & Short-Term Investments	480.54	514.23	357.84	267.67	552.43	65.66
Cash Growth	14.05%	43.71%	33.69%	-51.55%	741.32%	-52.82%
Accounts Receivable	25.05	47.75	46.43	27.64	26.12	17.01
Other Receivables	-	14.39	12.03	15.17	8.92	-
Receivables	25.05	62.14	58.45	42.81	35.03	17.01
Inventory	-	23.88	24.51	16.1	12.58	9.62
Prepaid Expenses	-	1.9	1.92	1.31	2.03	0.86
Restricted Cash	-	-	-	-	0.35	-
Other Current Assets	200.24	68.82	59.05	44.63	30.07	25.3
Total Current Assets	705.83	670.97	501.77	372.52	632.49	118.45
Property, Plant & Equipment	3,320	3,290	2,747	2,721	2,941	2,480
Long-Term Investments	-	-	0.27	-	-	78.24
Long-Term Accounts Receivable	-	47.42	63.38	83.87	39.93	-
Long-Term Deferred Charges	63.58	58.76	38.01	25.55	11.8	17.34
Other Long-Term Assets	349.67	276.2	311.16	196.79	1.81	20.42
Total Assets	4,439	4,344	3,661	3,400	3,627	2,714
Accounts Payable	124.89	29.04	22.82	24.51	18.93	10.61
Accrued Expenses	-	23.64	20.46	28.16	32.99	29
Current Portion of Long-Term Debt	37.66	35.22	21.3	27.5	95.75	155.66
Current Portion of Leases	-	-	-	27.47	85.82	24.52
Current Unearned Revenue	-	49.67	63.82	112.15	83.18	19.48
Other Current Liabilities	-	31.39	39.76	8.62	2.65	0.42
Total Current Liabilities	162.55	168.95	168.16	228.41	319.31	239.69
Long-Term Debt	732.19	699.56	382.87	402.44	1,018	1,187
Long-Term Leases	-	-	-	44.54	136.51	95.59
Long-Term Unearned Revenue	-	22.9	60.13	111.56	37.98	19.57
Other Long-Term Liabilities	50.38	14.54	20.35	46.46	27.39	136.61
Total Liabilities	945.13	918.85	644.82	839.81	1,539	1,679
Common Stock	0.19	0.19	0.19	0.2	0.21	0.2
Additional Paid-In Capital	619.36	650.86	690.19	748.11	770.68	755.39
Retained Earnings	2,943	2,844	2,402	1,886	1,389	366.65
Comprehensive Income & Other	-69.25	-70.43	-75.98	-74.21	-71.46	-86.67
Shareholders' Equity	3,494	3,425	3,016	2,560	2,088	1,036
Total Liabilities & Equity	4,439	4,344	3,661	3,400	3,627	2,714
Total Debt	769.85	734.78	404.17	501.95	1,336	1,463
Net Cash (Debt)	-289.31	-220.55	-46.34	-234.28	-783.56	-1,397
Net Cash Per Share	-15.08	-11.38	-2.33	-11.43	-38.07	-58.70
Filing Date Shares Outstanding	18.75	18.67	19.42	20.35	20.72	20.56
Total Common Shares Outstanding	18.75	18.99	19.42	20.35	20.72	20.45
Working Capital	543.28	502.01	333.61	144.11	313.19	-121.24
Book Value Per Share	186.33	180.37	155.33	125.82	100.79	50.64
Tangible Book Value	3,494	3,425	3,016	2,560	2,088	1,036
Tangible Book Value Per Share	186.33	180.37	155.33	125.82	100.79	50.64
Machinery	-	4,749	4,058	3,904	3,917	3,422

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q