Danaos Net Invested Capital vs Net Debt Analysis

DAC Stock

USD 75.21 1.23 1.66%

Danaos financial indicator trend analysis is much more than just examining Danaos latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Danaos is a good investment. Please check the relationship between Danaos Net Invested Capital and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaos. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danaos Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Danaos' Net Invested Capital and Net Debt is -0.2. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Danaos, assuming nothing else is changed. The correlation between historical values of Danaos' Net Invested Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Danaos are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., Danaos' Net Invested Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Danaos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Danaos current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaos. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Selling General Administrative is forecasted to decline to about 27.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	412.4M	665.0M	622.5M	311.4M
Total Revenue	689.5M	993.3M	952.4M	512.1M

Gross Profit Total Revenue

Danaos fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables
Total Assets		0.43	-0.01	0.16	0.98	-0.69	0.18	0.11	0.56	-0.69	0.29	0.6	0.14	0.17	0.55	0.24	0.98	0.12	0.52	0.15	0.36	-0.03	0.23	0.55	0.08	0.22
Other Current Liab	0.43		-0.35	-0.32	0.49	0.08	0.34	-0.35	0.77	-0.22	-0.23	0.58	-0.31	0.34	0.52	0.44	0.51	-0.41	0.51	-0.21	-0.23	-0.3	0.01	0.77	-0.31	-0.45
Total Current Liabilities	-0.01	-0.35		-0.3	0.03	-0.27	0.27	-0.26	-0.43	-0.32	-0.17	0.24	-0.22	0.27	0.28	-0.31	0.04	-0.1	0.29	-0.34	-0.14	-0.28	-0.32	-0.41	-0.25	0.1
Total Stockholder Equity	0.16	-0.32	-0.3		0.01	-0.17	-0.62	0.61	-0.44	0.32	0.45	-0.69	0.91	-0.63	-0.72	0.16	0.0	0.87	-0.74	0.98	0.78	0.94	0.88	-0.46	0.84	0.89
Non Current Assets Total	0.98	0.49	0.03	0.01		-0.67	0.29	-0.03	0.65	-0.75	0.18	0.71	-0.03	0.29	0.67	0.25	1.0	-0.04	0.64	0.01	0.2	-0.15	0.14	0.64	-0.1	0.11
Non Currrent Assets Other	-0.69	0.08	-0.27	-0.17	-0.67		-0.19	-0.41	-0.16	0.85	-0.7	-0.36	-0.14	-0.19	-0.31	-0.33	-0.65	-0.19	-0.3	-0.03	-0.32	0.02	-0.09	-0.12	-0.07	-0.38
Common Stock Total Equity	0.18	0.34	0.27	-0.62	0.29	-0.19		-0.6	0.42	-0.52	-0.23	0.64	-0.61	1.0	0.63	0.14	0.3	-0.55	0.64	-0.62	-0.44	-0.62	-0.47	0.43	-0.61	-0.4
Common Stock Shares Outstanding	0.11	-0.35	-0.26	0.61	-0.03	-0.41	-0.6		-0.26	-0.04	0.86	-0.47	0.57	-0.6	-0.51	0.28	-0.05	0.64	-0.52	0.49	0.66	0.48	0.38	-0.32	0.56	0.45
Non Current Liabilities Total	0.56	0.77	-0.43	-0.44	0.65	-0.16	0.42	-0.26		-0.5	-0.07	0.78	-0.44	0.42	0.74	0.24	0.65	-0.52	0.73	-0.4	-0.3	-0.53	-0.28	1.0	-0.42	-0.56
Other Current Assets	-0.69	-0.22	-0.32	0.32	-0.75	0.85	-0.52	-0.04	-0.5		-0.41	-0.76	0.33	-0.53	-0.72	-0.27	-0.74	0.23	-0.71	0.42	0.04	0.46	0.29	-0.47	0.37	0.1
Other Stockholder Equity	0.29	-0.23	-0.17	0.45	0.18	-0.7	-0.23	0.86	-0.07	-0.41		-0.2	0.44	-0.23	-0.26	0.46	0.16	0.52	-0.27	0.29	0.56	0.32	0.26	-0.14	0.42	0.4
Total Liab	0.6	0.58	0.24	-0.69	0.71	-0.36	0.64	-0.47	0.78	-0.76	-0.2		-0.63	0.64	0.99	0.05	0.73	-0.63	0.99	-0.67	-0.42	-0.77	-0.52	0.78	-0.62	-0.54
Total Current Assets	0.14	-0.31	-0.22	0.91	-0.03	-0.14	-0.61	0.57	-0.44	0.33	0.44	-0.63		-0.62	-0.65	0.03	-0.04	0.86	-0.67	0.88	0.73	0.79	0.68	-0.45	0.99	0.75
Common Stock	0.17	0.34	0.27	-0.63	0.29	-0.19	1.0	-0.6	0.42	-0.53	-0.23	0.64	-0.62		0.64	0.14	0.3	-0.56	0.65	-0.63	-0.45	-0.63	-0.49	0.43	-0.62	-0.42
Short Long Term Debt Total	0.55	0.52	0.28	-0.72	0.67	-0.31	0.63	-0.51	0.74	-0.72	-0.26	0.99	-0.65	0.64		-0.07	0.68	-0.67	1.0	-0.7	-0.48	-0.8	-0.58	0.75	-0.64	-0.56
Other Liab	0.24	0.44	-0.31	0.16	0.25	-0.33	0.14	0.28	0.24	-0.27	0.46	0.05	0.03	0.14	-0.07		0.23	0.08	-0.08	0.15	0.31	0.18	0.37	0.18	-0.02	0.11
Property Plant And Equipment Net	0.98	0.51	0.04	0.0	1.0	-0.65	0.3	-0.05	0.65	-0.74	0.16	0.73	-0.04	0.3	0.68	0.23		-0.05	0.65	0.0	0.19	-0.16	0.13	0.65	-0.1	0.09
Current Deferred Revenue	0.12	-0.41	-0.1	0.87	-0.04	-0.19	-0.55	0.64	-0.52	0.23	0.52	-0.63	0.86	-0.56	-0.67	0.08	-0.05		-0.69	0.82	0.85	0.82	0.7	-0.55	0.83	0.74
Net Debt	0.52	0.51	0.29	-0.74	0.64	-0.3	0.64	-0.52	0.73	-0.71	-0.27	0.99	-0.67	0.65	1.0	-0.08	0.65	-0.69		-0.73	-0.5	-0.82	-0.61	0.75	-0.66	-0.59
Retained Earnings	0.15	-0.21	-0.34	0.98	0.01	-0.03	-0.62	0.49	-0.4	0.42	0.29	-0.67	0.88	-0.63	-0.7	0.15	0.0	0.82	-0.73		0.76	0.94	0.92	-0.41	0.82	0.84
Accounts Payable	0.36	-0.23	-0.14	0.78	0.2	-0.32	-0.44	0.66	-0.3	0.04	0.56	-0.42	0.73	-0.45	-0.48	0.31	0.19	0.85	-0.5	0.76		0.71	0.69	-0.33	0.68	0.68
Cash	-0.03	-0.3	-0.28	0.94	-0.15	0.02	-0.62	0.48	-0.53	0.46	0.32	-0.77	0.79	-0.63	-0.8	0.18	-0.16	0.82	-0.82	0.94	0.71		0.92	-0.54	0.72	0.84
Other Assets	0.23	0.01	-0.32	0.88	0.14	-0.09	-0.47	0.38	-0.28	0.29	0.26	-0.52	0.68	-0.49	-0.58	0.37	0.13	0.7	-0.61	0.92	0.69	0.92		-0.29	0.58	0.81
Long Term Debt	0.55	0.77	-0.41	-0.46	0.64	-0.12	0.43	-0.32	1.0	-0.47	-0.14	0.78	-0.45	0.43	0.75	0.18	0.65	-0.55	0.75	-0.41	-0.33	-0.54	-0.29		-0.43	-0.57
Cash And Short Term Investments	0.08	-0.31	-0.25	0.84	-0.1	-0.07	-0.61	0.56	-0.42	0.37	0.42	-0.62	0.99	-0.62	-0.64	-0.02	-0.1	0.83	-0.66	0.82	0.68	0.72	0.58	-0.43		0.65
Net Receivables	0.22	-0.45	0.1	0.89	0.11	-0.38	-0.4	0.45	-0.56	0.1	0.4	-0.54	0.75	-0.42	-0.56	0.11	0.09	0.74	-0.59	0.84	0.68	0.84	0.81	-0.57	0.65

Click cells to compare fundamentals

Danaos Account Relationship Matchups

Danaos fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.7B	3.6B	3.4B	3.7B	3.1B
Other Current Liab	57.9M	29.4M	35.6M	37.8M	60.2M	50.6M
Total Current Liabilities	223.1M	239.7M	319.3M	228.4M	168.2M	159.8M
Total Stockholder Equity	881.7M	1.0B	2.1B	2.6B	3.0B	3.2B
Non Current Assets Total	2.5B	2.6B	3.0B	3.0B	3.2B	2.9B
Non Currrent Assets Other	62.3M	37.8M	53.5M	115.5M	110.6M	129.8M
Common Stock Shares Outstanding	16.2M	23.8M	20.6M	20.5M	19.9M	10.3M
Liabilities And Stockholders Equity	2.7B	2.7B	3.6B	3.4B	3.7B	3.1B
Non Current Liabilities Total	1.6B	1.4B	1.2B	611.4M	476.7M	452.8M
Other Current Assets	13.6M	14.3M	27.2M	29.3M	46.0M	48.3M
Other Stockholder Equity	785.3M	755.4M	770.7M	748.1M	690.2M	573.9M
Total Liab	1.8B	1.7B	1.5B	839.8M	644.8M	612.6M
Total Current Assets	190.4M	118.4M	632.5M	372.5M	501.8M	526.9M
Common Stock	248K	204K	207K	203K	194K	184.3K
Short Long Term Debt Total	1.5B	1.5B	1.3B	502.0M	404.2M	384.0M
Other Liab	185.7M	156.2M	62.4M	164.4M	189.1M	154.0M
Property Plant And Equipment Net	2.4B	2.5B	2.9B	2.9B	3.0B	2.8B
Current Deferred Revenue	18.0M	19.5M	83.2M	111.1M	63.8M	67.0M
Net Debt	1.4B	1.4B	1.2B	234.3M	132.4M	125.7M
Retained Earnings	213.1M	366.7M	1.4B	1.9B	2.4B	2.5B
Accounts Payable	11.2M	10.6M	18.9M	24.5M	22.8M	13.8M
Cash	139.2M	65.7M	129.4M	267.7M	271.8M	285.4M
Other Assets	62.3M	37.8M	53.5M	306.2M	352.1M	369.8M
Long Term Debt	1.3B	1.2B	1.0B	402.4M	382.9M	363.7M
Cash And Short Term Investments	139.2M	65.7M	552.4M	267.7M	357.8M	375.7M
Net Receivables	27.7M	28.0M	37.9M	54.8M	73.4M	77.1M
Inventory	8.5M	9.6M	12.6M	16.1M	24.5M	25.7M
Property Plant And Equipment Gross	2.4B	2.5B	4.0B	4.1B	4.4B	3.0B
Accumulated Other Comprehensive Income	(116.9M)	(86.7M)	(71.5M)	(74.2M)	(76.0M)	(79.8M)
Short Term Debt	136.0M	180.2M	181.6M	55.0M	21.3M	20.2M
Property Plant Equipment	2.4B	2.5B	2.9B	2.7B	3.1B	2.9B
Net Tangible Assets	881.7M	1.0B	2.1B	2.6B	2.9B	3.1B
Deferred Long Term Liab	11.5M	17.3M	11.8M	25.6M	23.0M	17.9M
Long Term Investments	36.3M	40.4M	78.2M	0.0	270K	256.5K
Short Long Term Debt	119.7M	155.7M	95.8M	27.5M	21.3M	20.2M
Long Term Debt Total	1.3B	1.2B	1.0B	447.0M	402.3M	790.1M
Capital Surpluse	785.3M	755.4M	770.7M	748.1M	860.3M	746.0M

Danaos Investors Sentiment

The influence of Danaos' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Danaos. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Danaos' public news can be used to forecast risks associated with an investment in Danaos. The trend in average sentiment can be used to explain how an investor holding Danaos can time the market purely based on public headlines and social activities around Danaos. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Danaos' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Danaos' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Danaos' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Danaos.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Danaos in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Danaos' short interest history, or implied volatility extrapolated from Danaos options trading.

Pair Trading with Danaos

One 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.

Moving against Danaos Stock

0.64	EDRY	EuroDry Financial Report 20th of May 2024	Pair Corr
0.47	SB	Safe Bulkers Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Danaos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danaos when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danaos - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danaos to buy it.

The correlation of Danaos is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danaos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danaos moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Danaos can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Danaos offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Danaos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Danaos Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Danaos Stock:

How To Invest In Danaos

Details

Is Danaos Stock a good investment?

Details

What is Danaos' Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaos. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.

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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

0.021

Dividend Share

3.1

Earnings Share

28.95

Revenue Per Share

48.975

Quarterly Revenue Growth

(0.01)

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.

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Danaos Net Invested Capital vs Net Debt Analysis

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Debt

Danaos fundamental ratios Correlations

Danaos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Danaos fundamental ratios Accounts

Danaos Investors Sentiment

Pair Trading with Danaos

Moving against Danaos Stock

Complementary Tools for Danaos Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Common Stock Total Equity
Long Term Debt	+ 1.0	Non Current Liabilities Total
Net Debt	+ 1.0	Short Long Term Debt Total
Short Long Term Debt Total	+ 0.99	Total Liab
Net Debt	+ 0.99	Total Liab

Cash	- 0.82	Net Debt
Cash	- 0.8	Short Long Term Debt Total
Cash	- 0.77	Total Liab
Total Liab	- 0.76	Other Current Assets
Other Current Assets	- 0.75	Non Current Assets Total
Property Plant And Equipment Net	- 0.74	Other Current Assets