Danaos Corporation (DAC)

Danaos Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	384.34	271.81	267.67	129.41	65.66	139.17
Short-Term Investments	96.42	86.03	-	423.02	-	-
Cash & Short-Term Investments	480.76	357.84	267.67	552.43	65.66	139.17
Cash Growth	29.39%	33.69%	-51.55%	741.32%	-52.82%	80.10%
Accounts Receivable	49.27	46.43	27.64	26.12	17.01	7.15
Other Receivables	15.51	12.03	15.17	8.92	-	-
Receivables	64.77	58.45	42.81	35.03	17.01	7.15
Inventory	23.69	24.51	16.1	12.58	9.62	8.49
Prepaid Expenses	1.58	1.92	1.31	2.03	0.86	1.46
Restricted Cash	-	-	-	0.35	-	-
Other Current Assets	59.19	59.05	44.63	30.07	25.3	34.12
Total Current Assets	629.99	501.77	372.52	632.49	118.45	190.39
Property, Plant & Equipment	3,215	2,747	2,721	2,941	2,480	2,390
Long-Term Investments	-	0.27	-	-	78.24	40.42
Long-Term Accounts Receivable	49.09	63.38	83.87	39.93	-	-
Long-Term Deferred Charges	46.13	38.01	25.55	11.8	17.34	11.46
Other Long-Term Assets	313.32	311.16	196.79	1.81	20.42	50.88
Total Assets	4,254	3,661	3,400	3,627	2,714	2,683
Accounts Payable	24.82	22.82	24.51	18.93	10.61	11.17
Accrued Expenses	16.66	20.46	28.16	32.99	29	57.46
Current Portion of Long-Term Debt	31.72	21.3	27.5	95.75	155.66	119.67
Current Portion of Leases	-	-	27.47	85.82	24.52	16.34
Current Unearned Revenue	58.65	63.82	112.15	83.18	19.48	17.96
Other Current Liabilities	28.56	39.76	8.62	2.65	0.42	0.47
Total Current Liabilities	160.41	168.16	228.41	319.31	239.69	223.08
Long-Term Debt	647.28	382.87	402.44	1,018	1,187	1,271
Long-Term Leases	-	-	44.54	136.51	95.59	121.87
Long-Term Unearned Revenue	29.7	60.13	111.56	37.98	19.57	28.53
Other Long-Term Liabilities	15.6	20.35	46.46	27.39	136.61	157.19
Total Liabilities	867.38	644.82	839.81	1,539	1,679	1,801
Common Stock	0.19	0.19	0.2	0.21	0.2	0.25
Additional Paid-In Capital	688.65	690.19	748.11	770.68	755.39	785.27
Retained Earnings	2,770	2,402	1,886	1,389	366.65	213.1
Comprehensive Income & Other	-72.47	-75.98	-74.21	-71.46	-86.67	-116.93
Shareholders' Equity	3,386	3,016	2,560	2,088	1,036	881.69
Total Liabilities & Equity	4,254	3,661	3,400	3,627	2,714	2,683
Total Debt	679	404.17	501.95	1,336	1,463	1,529
Net Cash (Debt)	-198.24	-46.34	-234.28	-783.56	-1,397	-1,389
Net Cash Per Share	-10.15	-2.33	-11.43	-38.07	-58.70	-85.65
Filing Date Shares Outstanding	19.33	19.42	20.35	20.72	20.56	24.79
Total Common Shares Outstanding	19.33	19.42	20.35	20.72	20.45	24.79
Working Capital	469.58	333.61	144.11	313.19	-121.24	-32.69
Book Value Per Share	175.16	155.33	125.82	100.79	50.64	35.57
Tangible Book Value	3,386	3,016	2,560	2,088	1,036	881.69
Tangible Book Value Per Share	175.16	155.33	125.82	100.79	50.64	35.57
Machinery	-	4,058	3,904	3,917	3,422	3,230

Source: S&P Capital IQ. Standard template. Financial Sources.