management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Danaos financial statements helps investors assess Danaos' valuation, profitability, and current liquidity needs.Danaos financial statements provide useful quarterly and yearly information to potential Danaos investors about the company's current and past financial position, as well as its overall
We have found eighty-four available fundamental signals for Danaos, which can be analyzed and compared to other ratios and to its rivals. Investors should ensure to verify all of Danaos' prevailing performance against the performance from 2010 to 2023 to make sure the company is sustainable down the road. Danaos Average Equity is projected to increase significantly based on the last few years of reporting. The past year's Average Equity was at 2.44 Billion. The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Average Assets are forecasted to decline to about 3.4 B.
Net Interest Income
Check Danaos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Danaos main balance sheet or income statement drivers, such as Consolidated Income of 603.4 M, Cost of Revenue of 179.8 M or Earning Before Interest and Taxes EBIT of 690.1 M, as well as many exotic indicators such as Asset Turnover of 0.24, Book Value per Share of 111 or Current Ratio of 1.76. Danaos financial statements analysis is a perfect complement when working with Danaos Valuation or Volatility modules.This module can also supplement Danaos' financial leverage analysis and stock options assessment as well as various Danaos Technical models . Check out the analysis of Danaos Correlation against competitors. For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.
Danaos Fundamental Market Drivers
Danaos Upcoming Events
About Danaos Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Danaos income statement, its balance sheet, and the statement of cash flows. Danaos investors use historical funamental indicators, such as Danaos's revenue or net income, to determine how well the company is positioned to perform in the future. Although Danaos investors may use each financial statement separately, they are all related. The changes in Danaos's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Danaos's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Danaos Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Danaos. Please read more on our technical analysis and fundamental analysis pages.
Be your own money managerOur tools can tell you how much better you can do entering a position in Danaos without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
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Pair Trading with DanaosOne of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danaos position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danaos will appreciate offsetting losses from the drop in the long position's value.
Check out the analysis of Danaos Correlation against competitors. For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide. Note that the Danaos information on this page should be used as a complementary analysis to other Danaos' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Danaos Stock analysis
When running Danaos' price analysis, check to measure Danaos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaos is operating at the current time. Most of Danaos' value examination focuses on studying past and present price action to predict the probability of Danaos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaos' price. Additionally, you may evaluate how the addition of Danaos to your portfolios can decrease your overall portfolio volatility.
Is Danaos' industry 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
Revenue Per Share
Quarterly Revenue Growth
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.