Danaos Balance Sheet - Annual (NYSE:DAC)

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$1.25 $0.1 (7.41%) DAC stock closing price Jun 18, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Danaos stock analysis. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Danaos stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Danaos had a long term debt of $- at the end of 2017. To understand the debt servicing capacity of the company, one needs to look at Danaos operating cash flow and Danaos revenue also. Danaos debt to equity ratio is 4.25.

View latest 10 year balance sheet data to check Danaos financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash69.7M76.52M75.07M60.55M82.87M58.44M54.27M232.74M276.12M225.12M
Marketable Securities----------
Receivables40.5M40.63M29.65M18.5M22.49M16.4M13.3M15.21M12.37M8.23M
Inventory8.84M11.39M11.04M11.66M14.49M17.73M16.18M9.91M7.65M8.07M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets6.94M7.39M11.8M12.35M7M6.08M9.52M8.95M4.34M8.76M
Total Current Assets
125.99M135.95M127.57M103.07M126.86M98.67M93.29M266.83M300.5M250.19M
Property Plant & Equipment----------
Accumulated Depreciation763.19M647.96M690.79M669.39M608.1M589.96M461.83M---
Net Property Plant & Equipment
2.8B2.91B3.45B3.62B3.84B3.99B3.24B2.27B1.57B1.34B
Investment & Advances5.99M5.03M11.28M---524.28M904.42M1.19B1.07B
Other Non-Current Assets----------
Deferred Charges8.96M8.19M39.73M55.27M67.94M88.82M99.71M24.69M20.58M16.09M
Intangibles----------
Deposits & Other Assets49.46M71.15M72.18M68.5M29.12M38.41M28.86M19.7M53.77M154.7M
Total Assets
2.99B3.13B3.7B3.85B4.07B4.21B3.99B3.49B3.14B2.83B
Notes Payable----------
Accounts Payable11.37M11.15M12.97M12.51M13.12M13.98M15.14M14.74M49.54M13.9M
Current Portion Long-Term Debt2.33B2.5B269.97M224.64M203.85M182.46M52.81M21.61M2.33B42.21M
Current Portion Capital Leases----------
Accrued Expenses15.22M15.46M14.01M24.7M30.91M32.89M36.11M70.7M31.09M11.42M
Income Taxes Payable----------
Other Current Liabilities23.64M34.72M15.18M66.22M122M135.91M127.61M139.42M105.69M54.66M
Total Current Liabilities
2.38B2.57B312.14M328.08M369.88M365.25M231.69M246.49M2.52B122.21M
Mortgages----------
Deferred Taxes/Income56.15M70.58M24.42M30.41M---1.71M3.91M6.11M
Convertible Debt----------
Long-Term Debt--2.51B2.79B3.03B3.22B3.01B2.54B-2.07B
Non-Current Capital Leases----------
Other Long-Term Liabilities1.69M2.48M13.21M13.7M68.18M187.26M299.3M304.59M215.19M415.64M
Total Liabilities
2.44B2.64B2.86B3.16B3.47B3.77B3.55B3.1B2.74B2.61B
Minority Interest----------
Preferred Stock----------
Common Stock Net1.09M1.09M1.09M1.09M1.09M1.09M1.09M1.08M--
Capital Surplus546.89M546.89M546.82M546.73M546.09M546.02M545.88M489.67M288.61M288.61M
Retained Earnings114.78M30.88M397.07M280.05M283.97M246.45M351.66M338.22M440.56M404.47M
Treasury Stock----------
Other Liabilities-114.07M-91.16M-103.08M-139.74M-232.69M-353.27M-456.1M-436.56M-324.09M-474.51M
Shareholders Equity548.7M487.71M841.91M688.14M598.47M440.3M442.53M392.41M405.59M219.03M
Total Liabilities & Shareholders Equity2.99B3.13B3.7B3.85B4.07B4.21B3.99B3.49B3.14B2.83B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Click here to view our Danaos financial analysis

Apart from balance sheet items, an investor would do well to keep track of the Danaos stock price by looking at Danaos historical stock prices. One can compare PE with industry average by looking at the Danaos PE ratio chart. The common balance sheet items are:

  • Assets: DAC total assets, which was at $2.99B for 2017 is a balance sheet item representing value of what Danaos owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. DAC stock had total liabilities of $2.44B for the year 2017.

Danaos Balance Sheet - Key Ratios

Current ratio
0.05
Debt to equity ratio
4.25
Asset turnover ratio
0.15
Receivables turnover
10.72
Price to book ratio
0.27