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
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
12/20140.55NA9.95

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.67Total Liab/Total Assets0.84
Net Inc/Total Assets-0.12Total Liab/Inv Cap-1.36
Net Inc/Inv Cap0.19Total Liab/Comm Equity4.82
Pretax Inc/Net Sales-0.73Interest Coverage Ratio-3.41
Net Inc/Net Sales-0.73Curr Debt/Equity5.14
Cash Flow/Net Sales0.53LTD/EquityNA
SG&A/NetSales0.29Total Debt/Equity5.14
Asset Utilization   Liquidity  
Net Receivables Turnover14.18Quick Ratio0.05
Inventory TurnoverNACurrent Ratio0.05
Inventory Day SalesNANet Rec/Curr Assets0.30
Net Sales/Work Cap-0.21Inv/Curr Assets0.08
Net Sales/PP&E0.17  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 498.33 567.94 552.09 588.12
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 145.41 146.85 148.17 153.30
Operating Income -212.64 244.38 192.41 272.47
Interest Exp 82.97 84.44 95.05 91.19
Pretax Income -366.20 117.02 -3.92 37.52
Other Income -54.37 -40.99 -95.57 -144.21
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -366.20 117.02 -3.92 37.52

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 76.53 75.07 60.55 82.87
Receivables - Total 40.63 29.66 18.50 22.50
Inventories - Total 11.40 11.04 11.67 14.50
Total Current Assets 135.95 127.57 103.07 126.87
Net Property, Plant & Equipment 2,906.72 3,446.32 3,624.34 3,842.62
Total Assets 3,127.06 3,662.12 3,851.19 4,066.55
Liabilities        
Accounts Payable 26.62 26.99 37.22 44.04
Debt in Current Liabilities 2,504.93 269.98 224.65 203.85
Total Current Liabilities 2,566.28 312.15 328.08 369.89
Long-Term Debt 0.00 2,470.42 2,790.84 3,030.01
Total Liabilities 2,639.35 2,820.21 3,163.04 3,468.08
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 30.88 397.08 280.06 283.98
Treasury Stock NA NA NA NA
Total Stockholders' Equity 487.71 841.91 688.15 598.48
Total Liabilities and Stockholders' Equity 3,127.06 3,662.12 3,851.19 4,066.55

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 261.97 271.68 192.18 189.03
Net Cash Provided by Investing Activities -9.38 -13.29 11.44 6.09
Net Cash Provided by Financing Activities -251.12 -243.86 -214.04 -182.59

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012589.01-105.20-0.96
12/2013588.1237.520.34
12/2014552.09-3.920.55
12/2015567.94117.021.07
12/2016498.33-366.20-3.34
Growth Rates-4.09----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17162,0801.89




Report Date : 10/16/2017

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