Danaos (DAC) Beginning Cash Balance (2018 - 2023)

Danaos has reported Beginning Cash Balance for 6 years, with the latest figure at $267.7 million in Q1 2023.

• For the quarter ending Q1 2023, Beginning Cash Balance rose 106.29% year-over-year to $267.7 million; the trailing twelve-month figure through Dec 2023 stood at $267.7 million (up 106.29% YoY), and the FY2023 full-year result was $267.7 million, up 106.29% from the prior year.
• Beginning Cash Balance for Q1 2023 stood at $267.7 million, up from $129.8 million in the prior quarter.
• The five-year high for Beginning Cash Balance was $267.7 million in Q1 2023, with the low at $65.7 million in Q1 2021.
• Historically, Beginning Cash Balance has averaged $135.9 million across 5 years, with a median of $129.8 million in 2022.
• Annual changes were most pronounced in 2021 — Beginning Cash Balance slumped 52.82% — and 2023, when it soared 106.29%.
• Danaos' Beginning Cash Balance stood at $77.3 million in 2019, then surged by 80.1% to $139.2 million in 2020, then tumbled by 52.82% to $65.7 million in 2021, then jumped by 97.61% to $129.8 million in 2022, then surged by 106.29% to $267.7 million in 2023.
• The last three Beginning Cash Balance figures came in at $267.7 million (Q1 2023), $129.8 million (Q1 2022), and $65.7 million (Q1 2021), per Business Quant data.