Company Information

  

Address: 14 AKTI KONDYLI
185 45 PIRAEUS 
City: ATHENS 
State:  
Zip Code: 00000 
Telephone: 011302104496480 

Description of Business

Primary SIC Code: 4412
(As filed with the SEC)  

Danaos Corporation is an international owner of containerships, chartering its vessels to many of the world's largest liner companies. We are a corporation domesticated in the Republic of The Marshall Islands on October 7, 2005, under the Marshall Islands Business Corporations Act, after having been incorporated as a Liberian company in 1998 in connection with the consolidation of our assets under Danaos Holdings Limited. In connection with our domestication in the Marshall Islands we changed our name from Danaos Holdings Limited to Danaos Corporation. Our manager, Danaos Shipping Company Limited, or Danaos Shipping, was founded by Dimitris Coustas in 1972 and since that time it has continuously provided seaborne transportation services under the management of the Coustas family. Dr. John Coustas, our chief executive officer, assumed responsibility for our management in 1987. Dr.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20170.76NA1.91
06/2017-3.80NAN/E
03/2017-3.57NAN/E
12/2016-3.34NAN/E
09/20160.79NA3.39
06/20161.26NA2.16
03/20161.19NA3.19
12/20151.07NA5.60

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.15Total Liab/Total Assets0.82
Net Inc/Total Assets0.03Total Liab/Inv Cap-1.41
Net Inc/Inv Cap-0.05Total Liab/Comm Equity4.45
Pretax Inc/Net Sales0.19Interest Coverage Ratio1.97
Net Inc/Net Sales0.19Curr Debt/Equity4.25
Cash Flow/Net Sales0.40LTD/EquityNA
SG&A/NetSales0.31Total Debt/Equity4.25
Asset Utilization   Liquidity  
Net Receivables Turnover11.13Quick Ratio0.05
Inventory TurnoverNACurrent Ratio0.05
Inventory Day SalesNANet Rec/Curr Assets0.32
Net Sales/Work Cap-0.20Inv/Curr Assets0.07
Net Sales/PP&E0.16  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 451.73 498.33 567.94 552.09
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 142.26 145.41 146.85 148.17
Operating Income 187.50 -212.64 244.38 192.41
Interest Exp 86.56 82.97 84.44 95.05
Pretax Income 83.91 -366.20 117.02 -3.92
Other Income -18.00 -54.37 -40.99 -95.57
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 83.91 -366.20 117.02 -3.92

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 69.71 76.53 75.07 60.55
Receivables - Total 40.51 40.63 29.66 18.50
Inventories - Total 8.84 11.40 11.04 11.67
Total Current Assets 126.00 135.95 127.57 103.07
Net Property, Plant & Equipment 2,795.97 2,906.72 3,446.32 3,624.34
Total Assets 2,986.40 3,127.06 3,662.12 3,851.19
Liabilities        
Accounts Payable 26.60 26.62 26.99 37.22
Debt in Current Liabilities 2,329.60 2,504.93 269.98 224.65
Total Current Liabilities 2,379.84 2,566.28 312.15 328.08
Long-Term Debt 0.00 0.00 2,470.42 2,790.84
Total Liabilities 2,437.69 2,639.35 2,820.21 3,163.04
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 1.10 1.10 1.10 1.10
Retained Earnings 114.79 30.88 397.08 280.06
Treasury Stock NA NA NA NA
Total Stockholders' Equity 548.71 487.71 841.91 688.15
Total Liabilities and Stockholders' Equity 2,986.40 3,127.06 3,662.12 3,851.19

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 181.07 261.97 271.68 192.18
Net Cash Provided by Investing Activities 1.76 -9.38 -13.29 11.44
Net Cash Provided by Financing Activities -189.65 -251.12 -243.86 -214.04

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013588.1237.520.34
12/2014552.09-3.920.55
12/2015567.94117.021.07
12/2016498.33-366.20-3.34
12/2017451.7383.900.76
Growth Rates-6.38----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/18182,0451.86




Report Date : 6/18/2018

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