Danaos Total Stockholder Equity vs Other Current Liab Analysis
DAC Stock | USD 85.91 1.30 1.54% |
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 Total Stockholder Equity and its Other Current Liab 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.
Total Stockholder Equity vs Other Current Liab
Total Stockholder Equity vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danaos Total Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Danaos' Total Stockholder Equity and Other Current Liab is -0.4. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Danaos, assuming nothing else is changed. The correlation between historical values of Danaos' Total Stockholder Equity and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Danaos are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Stockholder Equity i.e., Danaos' Total Stockholder Equity and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Other Current Liab
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.The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Selling General Administrative is forecasted to decline to about 27.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 412.4M | 665.0M | 622.5M | 311.4M | Total Revenue | 689.5M | 993.3M | 952.4M | 512.1M |
Danaos fundamental ratios Correlations
Click cells to compare fundamentals
Danaos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Danaos fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 2.7B | 3.6B | 3.4B | 3.7B | 3.1B | |
Other Current Liab | 57.9M | 4.9M | (50.2M) | 10.3M | 60.2M | 45.4M | |
Total Current Liabilities | 223.1M | 239.7M | 319.3M | 228.4M | 168.2M | 159.8M | |
Total Stockholder Equity | 881.7M | 1.0B | 2.1B | 2.6B | 3.0B | 3.2B | |
Non Current Assets Total | 2.5B | 2.6B | 3.0B | 3.0B | 3.2B | 2.9B | |
Non Currrent Assets Other | 62.3M | 37.8M | 53.5M | 115.5M | 110.6M | 129.8M | |
Common Stock Shares Outstanding | 16.2M | 23.8M | 20.6M | 20.5M | 19.9M | 10.3M | |
Liabilities And Stockholders Equity | 2.7B | 2.7B | 3.6B | 3.4B | 3.7B | 3.1B | |
Non Current Liabilities Total | 1.6B | 1.4B | 1.2B | 611.4M | 476.7M | 452.8M | |
Other Current Assets | 13.6M | 15.2M | 29.6M | 33.9M | 46.0M | 48.3M | |
Other Stockholder Equity | 785.3M | 755.4M | 770.7M | 748.1M | 690.2M | 573.9M | |
Total Liab | 1.8B | 1.7B | 1.5B | 839.8M | 644.8M | 612.6M | |
Total Current Assets | 190.4M | 118.4M | 632.5M | 372.5M | 501.8M | 526.9M | |
Common Stock | 248K | 204K | 207K | 203K | 194K | 184.3K | |
Short Long Term Debt Total | 1.5B | 1.5B | 1.3B | 502.0M | 404.2M | 384.0M | |
Other Liab | 185.7M | 156.2M | 62.4M | 164.4M | 189.1M | 154.0M | |
Property Plant And Equipment Net | 2.4B | 2.5B | 2.9B | 2.9B | 3.0B | 2.8B | |
Current Deferred Revenue | 18.0M | 19.5M | 83.2M | 111.1M | 63.8M | 67.0M | |
Net Debt | 1.4B | 1.4B | 1.2B | 234.3M | 132.4M | 125.7M | |
Retained Earnings | 213.1M | 366.7M | 1.4B | 1.9B | 2.4B | 2.5B | |
Accounts Payable | 11.2M | 10.6M | 18.9M | 24.5M | 22.8M | 13.8M | |
Cash | 139.2M | 65.7M | 129.4M | 267.7M | 271.8M | 285.4M | |
Other Assets | 62.3M | 37.8M | 53.5M | 306.2M | 352.1M | 369.8M | |
Long Term Debt | 1.3B | 1.2B | 1.0B | 402.4M | 382.9M | 363.7M | |
Cash And Short Term Investments | 139.2M | 65.7M | 552.4M | 267.7M | 357.8M | 375.7M | |
Net Receivables | 27.7M | 28.0M | 37.9M | 54.8M | 73.4M | 77.1M | |
Inventory | 8.5M | 9.6M | 12.6M | 16.1M | 24.5M | 25.7M | |
Property Plant And Equipment Gross | 2.4B | 2.5B | 4.0B | 4.1B | 4.4B | 3.0B | |
Accumulated Other Comprehensive Income | (116.9M) | (86.7M) | (71.5M) | (74.2M) | (76.0M) | (79.8M) | |
Short Term Debt | 136.0M | 204.7M | 267.4M | 82.4M | 21.3M | 20.2M | |
Property Plant Equipment | 2.4B | 2.5B | 2.9B | 2.7B | 3.1B | 2.9B | |
Net Tangible Assets | 881.7M | 1.0B | 2.1B | 2.6B | 2.9B | 3.1B | |
Deferred Long Term Liab | 11.5M | 17.3M | 11.8M | 25.6M | 23.0M | 17.9M | |
Long Term Investments | 36.3M | 40.4M | 78.2M | 0.0 | 270K | 256.5K | |
Short Long Term Debt | 119.7M | 155.7M | 95.8M | 27.5M | 21.3M | 20.2M | |
Long Term Debt Total | 1.3B | 1.2B | 1.0B | 447.0M | 402.3M | 790.1M | |
Capital Surpluse | 785.3M | 755.4M | 770.7M | 748.1M | 860.3M | 746.0M |
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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.