Danaos Corporation
Danaos Corporation, through its subsidiaries, owns and operates containerships and drybulk vessels in Australia, Europe, and the United States. It operates in two segments, Container Vessels and Drybulk Vessels. The company provides seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry. As of December 31, 2025, it had a fleet of 75… Read more
Danaos Corporation (DAC) - Total Assets
Latest total assets as of December 2025: $5.11 Billion USD
Based on the latest financial reports, Danaos Corporation (DAC) holds total assets worth $5.11 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Danaos Corporation - Total Assets Trend (2003–2025)
This chart illustrates how Danaos Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Danaos Corporation - Asset Composition Analysis
Current Asset Composition (December 2025)
Danaos Corporation's total assets of $5.11 Billion consist of 25.8% current assets and 74.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.04 Billion | 20.3% |
| Accounts Receivable | $38.73 Million | 0.8% |
| Inventory | $23.42 Million | 0.5% |
| Property, Plant & Equipment | $3.27 Billion | 63.9% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2025)
This chart illustrates how Danaos Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Danaos Corporation's current assets represent 25.8% of total assets in 2025, an increase from 12.3% in 2003.
- Cash Position: Cash and equivalents constituted 20.3% of total assets in 2025, up from 0.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 63.9% of total assets.
Danaos Corporation Competitors by Total Assets
Key competitors of Danaos Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Danaos Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Danaos Corporation generates 0.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Danaos Corporation generates $9.67 in net profit.
Danaos Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.28 | 3.97 | 1.03 |
| Quick Ratio | 3.23 | 3.83 | 0.98 |
| Cash Ratio | 2.58 | 2.68 | 0.00 |
| Working Capital | $917.74 Million | $ 502.01 Million | $ 6.18 Million |
Danaos Corporation - Advanced Valuation Insights
This section examines the relationship between Danaos Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.54 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | 17.7% |
| Total Assets | $5.11 Billion |
| Market Capitalization | $936.83 Million USD |
Valuation Analysis
Below Book Valuation: The market values Danaos Corporation's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Danaos Corporation's assets grew by 17.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Danaos Corporation (2003–2025)
The table below shows the annual total assets of Danaos Corporation from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $5.11 Billion | +17.73% |
| 2024-12-31 | $4.34 Billion | +18.64% |
| 2023-12-31 | $3.66 Billion | +7.67% |
| 2022-12-31 | $3.40 Billion | -6.26% |
| 2021-12-31 | $3.63 Billion | +33.63% |
| 2020-12-31 | $2.71 Billion | +1.17% |
| 2019-12-31 | $2.68 Billion | +0.12% |
| 2018-12-31 | $2.68 Billion | -10.27% |
| 2017-12-31 | $2.99 Billion | -4.50% |
| 2016-12-31 | $3.13 Billion | -15.42% |
| 2015-12-31 | $3.70 Billion | -4.00% |
| 2014-12-31 | $3.85 Billion | -5.30% |
| 2013-12-31 | $4.07 Billion | -3.45% |
| 2012-12-31 | $4.21 Billion | +5.62% |
| 2011-12-31 | $3.99 Billion | +14.30% |
| 2010-12-31 | $3.49 Billion | +11.02% |
| 2009-12-31 | $3.14 Billion | +11.11% |
| 2008-12-31 | $2.83 Billion | +36.52% |
| 2007-12-31 | $2.07 Billion | +59.71% |
| 2006-12-31 | $1.30 Billion | +37.16% |
| 2005-12-31 | $945.76 Million | -5.99% |
| 2004-12-31 | $1.01 Billion | +20.19% |
| 2003-12-31 | $837.02 Million | -- |