Danaos (DAC) Tax Provisions (2021 - 2022)
Danaos' (DAC) quarterly Tax Provisions came in at -$3.8 million in Q3 2022, up 7.91% on a YoY basis from -$3.5 million in Q3 2021, and down 66.67% quarter-over-quarter from -$2.3 million in Q2 2022.
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Analysis
Danaos (DAC) Tax Provisions (2021 - 2022) Analysis & Trends
Danaos (DAC) has reported Tax Provisions for 2 consecutive years, with -$3.8 million the latest figure, recorded in Q3 2022.
- For the quarter ending Q3 2022, Tax Provisions rose 7.91% year-over-year to -$3.8 million; the trailing twelve-month figure through Dec 2022 stood at -$18.2 million (changed N/A YoY), and the FY2022 full-year result was -$18.2 million, down 209.85% from the prior year.
- Tax Provisions slipped to -$3.8 million in Q3 2022 per DAC's latest filing, from -$2.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at -$1.8 million in Q4 2021 and bottomed at -$12.2 million in Q1 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | -554,000.00 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 28.61 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 34.50 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | -1,000.00 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -1.41 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -1.99 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | - |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 3.40 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | - |
| 10 | Danaos | 2.80 Bn | 1.57 Bn | 217.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | -3.77 Mn |
| Jun 30, 2022 | -2.26 Mn |
| Mar 31, 2022 | -12.22 Mn |
| Dec 31, 2021 | -1.80 Mn |
| Sep 30, 2021 | -4.09 Mn |