Financialsexperimental
Danaos Corp (DAC). Every figure is as filed in the company's 10-Q and 10-K reports. Quarters a filing does not report on their own are worked out from its year-to-date figures and marked *.
USD in thousands
| Balance Sheet | Q4 FY25 31 Dec 2025 | Q4 FY24 31 Dec 2024 | Q4 FY23 31 Dec 2023 | Q4 FY22 31 Dec 2022 | Q4 FY21 31 Dec 2021 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 1,037,292 | 453,384 | 271,809 | 267,668 | 129,410 |
| Accounts receivable, net | 38,730 | 25,578 | 9,931 | 5,635 | 7,118 |
| Restricted cash | 346 | ||||
| Inventories | 23,417 | 23,881 | 24,511 | 16,099 | 12,579 |
| Prepaid expenses | 2,093 | 1,902 | 1,915 | 1,312 | 2,032 |
| Due from related parties | 46,750 | 52,572 | 51,431 | ||
| Due from related parties | 34,002 | 21,875 | |||
| Other current assets | 171,137 | 113,650 | 142,173 | 47,805 | 459,132 |
| Total current assets | 1,319,419 | 670,967 | 501,770 | 372,521 | 632,492 |
| Fixed assets at cost, net of accumulated depreciation of $1,622,344 (2024: $1,458,978) | 3,269,703 | 3,290,309 | 2,746,541 | 2,721,494 | 2,861,651 |
| Right-of-use assets, net of accumulated amortization of $3,085 | 79,442 | ||||
| Advances for vessels under construction and vessel acquisition | 428,147 | 265,838 | 301,916 | 190,736 | |
| Deferred charges, net | 54,356 | 58,759 | 38,012 | 25,554 | 11,801 |
| Other non-current assets | 42,305 | 57,781 | 72,627 | 89,923 | 41,739 |
| Investments in affiliates | 270 | ||||
| Total non-current assets | 3,794,511 | 3,672,687 | 3,159,366 | 3,027,707 | 2,994,633 |
| Total assets | 5,113,930 | 4,343,654 | 3,661,136 | 3,400,228 | 3,627,125 |
| Accounts payable | 17,274 | 29,039 | 22,820 | 24,505 | 18,925 |
| Accrued liabilities | 28,772 | 23,644 | 20,458 | 21,362 | 20,846 |
| Current portion of long-term debt, net | 283,015 | 35,220 | 21,300 | 27,500 | 95,750 |
| Unearned revenue | 36,625 | 49,665 | 63,823 | 111,149 | 83,180 |
| Current portion of long-term leaseback obligation, net | 27,469 | 85,815 | |||
| Other current liabilities | 35,990 | 31,386 | 39,759 | 16,422 | 8,645 |
| Accumulated accrued interest, current portion | 6,146 | ||||
| Total current liabilities | 401,676 | 168,954 | 168,160 | 228,407 | 319,307 |
| Long-term debt, net | 872,076 | 699,563 | 382,874 | 402,440 | 1,017,916 |
| Unearned revenue, net of current portion | 2,618 | 22,901 | 60,134 | 111,564 | 37,977 |
| Other long-term liabilities | 41,983 | 27,436 | 33,651 | 52,861 | 3,234 |
| Total long-term liabilities | 916,677 | 749,900 | 476,659 | 611,407 | 1,219,795 |
| Long-term leaseback obligation, net of current portion | 44,542 | 136,513 | |||
| Total liabilities | 1,318,353 | 918,854 | 644,819 | 839,814 | 1,539,102 |
| Accumulated accrued interest, net of current portion | 24,155 | ||||
| Common stock (par value $0.01, 750,000,000 common shares authorized as of December 31, 2025 and December 31, 2024. 25,790,190 and 25,585,985 shares issued; and 18,264,294 and 18,987,616 shares outstanding as of December 31, 2025 and December 31, 2024, respectively) | 183 | 190 | 194 | 203 | 207 |
| Additional paid-in capital | 591,584 | 650,864 | 690,190 | 748,109 | 770,676 |
| Accumulated other comprehensive loss | -71,412 | -70,430 | -75,979 | -74,209 | -71,455 |
| Retained earnings | 3,275,222 | 2,844,176 | 2,401,912 | 1,886,311 | 1,388,595 |
| Total stockholders' equity | 3,795,577 | 3,424,800 | 3,016,317 | 2,560,414 | 2,088,023 |
| Total liabilities and stockholders' equity | 5,113,930 | 4,343,654 | 3,661,136 | 3,400,228 | 3,627,125 |