Danaos (DAC) Long-Term Investments (2011 - 2024)

Danaos (DAC) reported Long-Term Investments of $64000.0 for Q2 2024, down 93.17% on a YoY basis from $937000.0 in Q3 2023, and down 60.25% quarter-over-quarter from $161000.0 in Q1 2024.

Danaos (DAC) Long-Term Investments (2011 - 2024) Analysis & Trends

Danaos has reported Long-Term Investments for 14 years, with the latest figure at $64000.0 in Q2 2024.

  • For the quarter ending Q2 2024, Long-Term Investments fell 93.17% year-over-year to $64000.0; the trailing twelve-month figure through Jun 2024 stood at $64000.0 (down 93.17% YoY), and the FY2023 full-year result was $270000.0, down 99.89% from the prior year.
  • Long-Term Investments for Q2 2024 stood at $64000.0, down from $161000.0 in the prior quarter.
  • The five-year high for Long-Term Investments was $246.6 million in Q3 2022, with the low at -$4.3 million in Q1 2023.
  • Historically, Long-Term Investments has averaged $62.7 million across 5 years, with a median of $411000.0 in 2023.
  • Annual changes were most pronounced in 2020 — Long-Term Investments slumped 101.03% — and 2021, when it soared 261900.0%.
  • Danaos' Long-Term Investments stood at -$75000.0 in 2020, then soared by 261900.0% to $196.4 million in 2021, then advanced by 25.61% to $246.6 million in 2022, then sank by 99.89% to $270000.0 in 2023, then sank by 76.3% to $64000.0 in 2024.
  • The last three Long-Term Investments figures came in at $64000.0 (Q2 2024), $161000.0 (Q1 2024), and $270000.0 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 3.19 Mn
3 Matson 5.69 Bn 5.59 Bn - 101.50 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn 97.82 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn -
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn 34.40 Mn
7 Costamare 1.93 Bn 1.42 Bn - 9.59 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn 10.03 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Danaos 995,900.69 -875.21 Mn 203.71 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 64,000.00
Mar 31, 2024 161,000.00
Dec 31, 2023 270,000.00
Sep 30, 2023 411,000.00
Jun 30, 2023 937,000.00
Mar 31, 2023 -4.26 Mn
Dec 31, 2022 246.64 Mn
Sep 30, 2022 246.64 Mn
Jun 30, 2022 85.33 Mn
Dec 31, 2021 196.35 Mn
Sep 30, 2021 145.88 Mn
Jun 30, 2021 145.88 Mn
Mar 31, 2021 2.39 Mn
Dec 31, 2020 -75,000.00
Sep 30, 2020 -75,000.00
Jun 30, 2020 -75,000.00
Mar 31, 2020 -75,000.00
Dec 31, 2019 8.97 Mn
Sep 30, 2019 7.87 Mn
Jun 30, 2019 7.31 Mn