Danaos (DAC) Convertible Debt (2022 - 2025)
Danaos (DAC) posted Convertible Debt of $762.8 million for Q3 2025, up 190.28% on a QoQ basis from $262.8 million in Q1 2025, and up 190.28% year-over-year from $262.8 million in Q3 2024.
Danaos (DAC) Convertible Debt (2022 - 2025) Analysis & Trends
Danaos' Convertible Debt history runs 4 years deep, the most recent figure standing at $762.8 million for Q3 2025.
- Quarterly Convertible Debt rose 190.28% year-over-year to $762.8 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $762.8 million (up 190.28% YoY) and the FY2024 annual result came in at $262.8 million, changed N/A from the prior year.
- Convertible Debt was $762.8 million for Q3 2025 at Danaos, up from $262.8 million in the prior quarter.
- Across five years, Convertible Debt topped out at $762.8 million in Q3 2025 and bottomed at $262.8 million in Q1 2023.
- A 4-year average of $334.6 million and a median of $262.8 million in 2023 frame the typical range for Convertible Debt.
- Annual changes were most pronounced in 2023 — Convertible Debt slipped 12.41% — and 2025, when it soared 190.28%.
- Danaos' Convertible Debt stood at $300.0 million in 2022, then decreased by 12.41% to $262.8 million in 2023, then changed by 0.0% to $262.8 million in 2024, then surged by 190.28% to $762.8 million in 2025.
- Business Quant data shows DAC's Convertible Debt at $762.8 million in Q3 2025, $262.8 million in Q1 2025, and $262.8 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,960,125.28 Bn | 2,960,124.36 Bn | 57.20 Mn |
| 2 | Danaos | 2,540.11 Bn | 2,539.24 Bn | 203.71 Mn |
| 3 | Sfl | 1,567.42 Bn | 1,567.27 Bn | 66.27 Mn |
| 4 | Capital Clean Energy Carriers | 1,428.00 Bn | 1,427.46 Bn | 95.52 Mn |
| 5 | Globus Maritime | 60.18 Bn | 60.15 Bn | 8,083.00 |
| 6 | Kirby | 8.05 Bn | 7.97 Bn | 291.34 Mn |
| 7 | Matson | 6.24 Bn | 6.14 Bn | - |
| 8 | Intercont (Cayman) | 3.99 Bn | 3.99 Bn | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn |
| 10 | Star Bulk Carriers | 3.11 Bn | 2.62 Bn | 493.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 762.77 Mn |
| Mar 31, 2025 | 262.77 Mn |
| Dec 31, 2024 | 262.77 Mn |
| Sep 30, 2024 | 262.77 Mn |
| Mar 31, 2024 | 262.77 Mn |
| Mar 31, 2023 | 262.77 Mn |
| Sep 30, 2022 | 300.00 Mn |
| Mar 31, 2022 | 300.00 Mn |