Danaos Capital Surpluse vs Total Assets Analysis

DAC Stock  USD 79.01  0.21  0.27%   
Danaos financial indicator trend analysis is much more than just examining Danaos latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Danaos is a good investment. Please check the relationship between Danaos Capital Surpluse and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.

Capital Surpluse vs Total Assets

Capital Surpluse vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danaos Capital Surpluse account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Danaos' Capital Surpluse and Total Assets is -0.08. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Assets in the same time period over historical financial statements of Danaos, assuming nothing else is changed. The correlation between historical values of Danaos' Capital Surpluse and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Danaos are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Surpluse i.e., Danaos' Capital Surpluse and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Surpluse

Total Assets

Total assets refers to the total amount of Danaos assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Danaos books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Danaos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Danaos current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.At present, Danaos' Enterprise Value is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit412.4M665.0M643.7M675.9M
Total Revenue689.5M993.3M973.6M513.2M

Danaos fundamental ratios Correlations

0.32-0.010.160.98-0.690.180.110.56-0.690.290.60.140.170.550.240.980.120.520.150.36-0.030.230.550.080.22
0.32-0.24-0.40.430.120.45-0.520.7-0.23-0.370.59-0.490.440.540.420.44-0.560.53-0.29-0.35-0.310.00.71-0.52-0.42
-0.01-0.24-0.30.03-0.270.27-0.26-0.43-0.33-0.170.24-0.220.270.28-0.310.04-0.10.29-0.34-0.14-0.28-0.32-0.41-0.250.1
0.16-0.4-0.30.01-0.17-0.620.61-0.440.340.45-0.690.91-0.63-0.720.160.00.87-0.740.980.780.940.88-0.460.840.89
0.980.430.030.01-0.670.29-0.030.65-0.750.180.71-0.030.290.670.251.0-0.040.640.010.2-0.150.140.64-0.10.11
-0.690.12-0.27-0.17-0.67-0.19-0.41-0.160.84-0.7-0.36-0.14-0.19-0.31-0.33-0.65-0.19-0.3-0.03-0.320.02-0.09-0.12-0.07-0.38
0.180.450.27-0.620.29-0.19-0.60.42-0.54-0.230.64-0.611.00.630.140.3-0.550.64-0.62-0.44-0.62-0.470.43-0.61-0.4
0.11-0.52-0.260.61-0.03-0.41-0.6-0.26-0.010.86-0.470.57-0.6-0.510.28-0.050.64-0.520.490.660.480.38-0.320.560.45
0.560.7-0.43-0.440.65-0.160.42-0.26-0.51-0.070.78-0.440.420.740.240.65-0.520.73-0.4-0.3-0.53-0.281.0-0.42-0.56
-0.69-0.23-0.330.34-0.750.84-0.54-0.01-0.51-0.38-0.770.35-0.54-0.74-0.27-0.740.27-0.730.440.070.470.3-0.480.390.11
0.29-0.37-0.170.450.18-0.7-0.230.86-0.07-0.38-0.20.44-0.23-0.260.460.160.52-0.270.290.560.320.26-0.140.420.4
0.60.590.24-0.690.71-0.360.64-0.470.78-0.77-0.2-0.630.640.990.050.73-0.630.99-0.67-0.42-0.77-0.520.78-0.62-0.54
0.14-0.49-0.220.91-0.03-0.14-0.610.57-0.440.350.44-0.63-0.62-0.650.03-0.040.86-0.670.880.730.790.68-0.450.990.75
0.170.440.27-0.630.29-0.191.0-0.60.42-0.54-0.230.64-0.620.640.140.3-0.560.65-0.63-0.45-0.63-0.490.43-0.62-0.42
0.550.540.28-0.720.67-0.310.63-0.510.74-0.74-0.260.99-0.650.64-0.070.68-0.671.0-0.7-0.48-0.8-0.580.75-0.64-0.56
0.240.42-0.310.160.25-0.330.140.280.24-0.270.460.050.030.14-0.070.230.08-0.080.150.310.180.370.18-0.020.11
0.980.440.040.01.0-0.650.3-0.050.65-0.740.160.73-0.040.30.680.23-0.050.650.00.19-0.160.130.65-0.10.09
0.12-0.56-0.10.87-0.04-0.19-0.550.64-0.520.270.52-0.630.86-0.56-0.670.08-0.05-0.690.820.850.820.7-0.550.830.74
0.520.530.29-0.740.64-0.30.64-0.520.73-0.73-0.270.99-0.670.651.0-0.080.65-0.69-0.73-0.5-0.82-0.610.75-0.66-0.59
0.15-0.29-0.340.980.01-0.03-0.620.49-0.40.440.29-0.670.88-0.63-0.70.150.00.82-0.730.760.940.92-0.410.820.84
0.36-0.35-0.140.780.2-0.32-0.440.66-0.30.070.56-0.420.73-0.45-0.480.310.190.85-0.50.760.710.69-0.330.680.68
-0.03-0.31-0.280.94-0.150.02-0.620.48-0.530.470.32-0.770.79-0.63-0.80.18-0.160.82-0.820.940.710.92-0.540.720.84
0.230.0-0.320.880.14-0.09-0.470.38-0.280.30.26-0.520.68-0.49-0.580.370.130.7-0.610.920.690.92-0.290.580.81
0.550.71-0.41-0.460.64-0.120.43-0.321.0-0.48-0.140.78-0.450.430.750.180.65-0.550.75-0.41-0.33-0.54-0.29-0.43-0.57
0.08-0.52-0.250.84-0.1-0.07-0.610.56-0.420.390.42-0.620.99-0.62-0.64-0.02-0.10.83-0.660.820.680.720.58-0.430.65
0.22-0.420.10.890.11-0.38-0.40.45-0.560.110.4-0.540.75-0.42-0.560.110.090.74-0.590.840.680.840.81-0.570.65
Click cells to compare fundamentals

Danaos Account Relationship Matchups

Danaos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.7B3.6B3.4B3.7B3.1B
Other Current Liab57.9M4.9M(50.2M)10.3M60.2M45.4M
Total Current Liabilities223.1M239.7M319.3M228.4M168.2M159.8M
Total Stockholder Equity881.7M1.0B2.1B2.6B3.0B3.2B
Non Current Assets Total2.5B2.6B3.0B3.0B3.2B2.9B
Non Currrent Assets Other62.3M37.8M53.5M115.5M110.6M129.8M
Common Stock Shares Outstanding16.2M23.8M20.6M20.5M19.9M10.3M
Liabilities And Stockholders Equity2.7B2.7B3.6B3.4B3.7B3.1B
Non Current Liabilities Total1.6B1.4B1.2B611.4M476.7M452.8M
Other Current Assets13.6M15.2M29.6M33.9M46.0M48.3M
Other Stockholder Equity785.3M755.4M770.7M748.1M690.2M573.9M
Total Liab1.8B1.7B1.5B839.8M644.8M612.6M
Total Current Assets190.4M118.4M632.5M372.5M501.8M526.9M
Common Stock248K204K207K203K194K184.3K
Short Long Term Debt Total1.5B1.5B1.3B502.0M404.2M384.0M
Other Liab185.7M156.2M62.4M164.4M189.1M154.0M
Property Plant And Equipment Net2.4B2.5B2.9B2.9B3.0B2.8B
Current Deferred Revenue18.0M19.5M83.2M111.1M63.8M67.0M
Net Debt1.4B1.4B1.2B234.3M132.4M125.7M
Retained Earnings213.1M366.7M1.4B1.9B2.4B2.5B
Accounts Payable11.2M10.6M18.9M24.5M22.8M13.8M
Cash139.2M65.7M129.4M267.7M271.8M285.4M
Other Assets62.3M37.8M53.5M306.2M352.1M369.8M
Long Term Debt1.3B1.2B1.0B402.4M382.9M363.7M
Cash And Short Term Investments139.2M65.7M552.4M267.7M357.8M375.7M
Net Receivables27.7M28.0M37.9M54.8M73.4M77.1M
Inventory8.5M9.6M12.6M16.1M24.5M25.7M
Property Plant And Equipment Gross2.4B2.5B4.0B4.1B4.4B3.0B
Accumulated Other Comprehensive Income(116.9M)(86.7M)(71.5M)(74.2M)(76.0M)(79.8M)
Short Term Debt136.0M204.7M267.4M82.4M21.3M20.2M
Property Plant Equipment2.4B2.5B2.9B2.7B3.1B2.9B
Net Tangible Assets881.7M1.0B2.1B2.6B2.9B3.1B
Deferred Long Term Liab11.5M17.3M11.8M25.6M23.0M17.9M
Long Term Investments36.3M40.4M78.2M0.0270K256.5K
Short Long Term Debt119.7M155.7M95.8M27.5M21.3M20.2M
Long Term Debt Total1.3B1.2B1.0B447.0M402.3M790.1M
Capital Surpluse785.3M755.4M770.7M748.1M860.3M746.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Danaos offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Danaos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Danaos Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Danaos Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaos. If investors know Danaos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.8
Earnings Share
28.89
Revenue Per Share
51.881
Quarterly Revenue Growth
0.071
The market value of Danaos is measured differently than its book value, which is the value of Danaos that is recorded on the company's balance sheet. Investors also form their own opinion of Danaos' value that differs from its market value or its book value, called intrinsic value, which is Danaos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaos' market value can be influenced by many factors that don't directly affect Danaos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.