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| Date | Value |
|---|---|
| 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 |