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
DateValue
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