Danaos Stock Net Income
DAC Stock | USD 85.91 1.30 1.54% |
Danaos fundamentals help investors to digest information that contributes to Danaos' financial success or failures. It also enables traders to predict the movement of Danaos Stock. The fundamental analysis module provides a way to measure Danaos' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Danaos stock.
Last Reported | Projected for Next Year | ||
Net Income | 576.3 M | 605.1 M | |
Net Income Applicable To Common Shares | 643.1 M | 675.2 M | |
Net Income From Continuing Ops | 579.1 M | 608.1 M | |
Net Income Per Share | 28.99 | 14.87 | |
Net Income Per E B T | 0.99 | 0.88 |
Danaos | Net Income |
Danaos Company Net Income Analysis
Danaos' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Danaos Net Income | 576.3 M |
Most of Danaos' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Danaos is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Danaos Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Danaos is extremely important. It helps to project a fair market value of Danaos Stock properly, considering its historical fundamentals such as Net Income. Since Danaos' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Danaos' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Danaos' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Danaos Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Danaos reported net income of 576.3 M. This is 122.13% higher than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. This indicator is about the same for all United States stocks average (which is currently at 5.7097980139E8).
Danaos Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Danaos' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Danaos could also be used in its relative valuation, which is a method of valuing Danaos by comparing valuation metrics of similar companies.Danaos is currently under evaluation in net income category among its peers.
Danaos ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Danaos' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Danaos' managers, analysts, and investors.Environmental | Governance | Social |
Danaos Institutional Holders
Institutional Holdings refers to the ownership stake in Danaos that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Danaos' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Danaos' value.Shares | Jpmorgan Chase & Co | 2024-06-30 | 67.2 K | Lazard Asset Management Llc | 2024-06-30 | 65.2 K | Amvescap Plc. | 2024-06-30 | 55.9 K | Dalal Street Llc | 2024-09-30 | 46.6 K | Acadian Asset Management Llc | 2024-06-30 | 42.9 K | Blackrock Inc | 2024-06-30 | 42.8 K | Bank Of America Corp | 2024-06-30 | 41 K | Susquehanna International Group, Llp | 2024-06-30 | 39.6 K | Two Sigma Advisers, Llc | 2024-06-30 | 36.6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 729.9 K | Rbf Llc | 2024-06-30 | 418 K |
Danaos Fundamentals
Return On Equity | 0.18 | ||||
Return On Asset | 0.0859 | ||||
Profit Margin | 0.56 % | ||||
Operating Margin | 0.52 % | ||||
Current Valuation | 1.86 B | ||||
Shares Outstanding | 19.33 M | ||||
Shares Owned By Insiders | 49.75 % | ||||
Shares Owned By Institutions | 19.55 % | ||||
Number Of Shares Shorted | 431.5 K | ||||
Price To Earning | 8.42 X | ||||
Price To Book | 0.49 X | ||||
Price To Sales | 1.65 X | ||||
Revenue | 952.38 M | ||||
Gross Profit | 787.06 M | ||||
EBITDA | 731.78 M | ||||
Net Income | 576.3 M | ||||
Cash And Equivalents | 267.67 M | ||||
Cash Per Share | 28.64 X | ||||
Total Debt | 404.17 M | ||||
Debt To Equity | 0.41 % | ||||
Current Ratio | 2.09 X | ||||
Book Value Per Share | 175.06 X | ||||
Cash Flow From Operations | 574.4 M | ||||
Short Ratio | 4.19 X | ||||
Earnings Per Share | 28.89 X | ||||
Price To Earnings To Growth | 0.52 X | ||||
Target Price | 101.0 | ||||
Beta | 1.48 | ||||
Market Capitalization | 1.66 B | ||||
Total Asset | 3.66 B | ||||
Retained Earnings | 2.4 B | ||||
Working Capital | 333.61 M | ||||
Current Asset | 127.57 M | ||||
Current Liabilities | 312.14 M | ||||
Annual Yield | 0.04 % | ||||
Net Asset | 3.66 B | ||||
Last Dividend Paid | 0.8 |
About Danaos Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Danaos's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danaos using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danaos based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Danaos Piotroski F Score and Danaos Altman Z Score analysis. For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.