Danaos Story

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DAC -- USA Stock  

USD 39.50  2.85  6.73%

Danaos Average Assets are projected to decrease significantly based on the last few years of reporting. The past year's Average Assets were at 2.41 Billion. The current year Earnings before Tax is expected to grow to about 162.9 M, whereas Earnings Before Interest Taxes and Depreciation Amortization EBITDA are forecasted to decline to about 282 M. As many millenniums are excited about industrials space, it is only fair to go over Danaos. Why are we still confident in hope for a quick recovery. This post is to show some fundamental factors affecting Danaos' products and services. I will also drop some light on how it may impact the investing outlook for Danaos in March.
Published over two weeks ago
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Danaos (NYSE:DAC) continues to rise
About 44.0% of the company shares are held by company insiders. Insiders ownership of Danaos refers to the amount of Danaos equity owned by Danaos officers, directors, relatives of the leadership team, or anyone who has access to private information before it's made available to the public. Check out our latest analysis of Danaos, including its current ownership diagnostics.

How important is Danaos Corp's Liquidity

Danaos Corp financial leverage refers to using borrowed capital as a funding source to finance Danaos Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Danaos Corp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Danaos Corp's total debt and its cash.

How Danaos utilizes its cash?

To perform a cash flow analysis of Danaos Corp, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Danaos Corp is receiving and how much cash it distributes out in a given period. The Danaos Corp cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Danaos Corp Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 252.86 Million

What did Danaos Corp file with SEC?

The SEC filings are financial statements or other formal documents of Danaos Corp that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database.
Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Danaos shareholders may or may not be submitted as SEC does not always require it.
17th of February 2021
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16th of February 2021
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Danaos shareholders may or may not be submitted as SEC does not always require it.

Breaking down Danaos Corp Indicators

Danaos holds a total of twenty million four hundred fifty thousand outstanding shares. Danaos retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 2018 2019 2020 2021 (projected)
Interest Expense85.71 M72.07 M82.88 M88.87 M
Gross Profit341.92 M333.15 M299.83 M316.07 M

Ownership Breakdown

Retail Investors
27.48%
Insiders
44.29%
Institutions
28.23%
Retail Investors27.48
Insiders44.29
Institutions28.23

Our take on today Danaos rise

The risk adjusted performance is down to 0.27 as of today. Danaos is displaying above-average volatility over the selected time horizon. Investors should scrutinize Danaos independently to ensure intended market timing strategies are aligned with expectations about Danaos volatility.

The Bottom Line

Whereas some other companies within the marine shipping industry are still a little expensive, even after the recent corrections, Danaos may offer a potential longer-term growth to investors. To conclude, as of the 14th of February 2021, our latest 30 days advice on the company is Buy. We believe Danaos is currently fairly valued with low chance of distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Danaos Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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