Danaos Corp balance sheet

At the end of fiscal 2025, Danaos Corp had total assets of $5.11bn, total liabilities of $1.32bn and shareholders' equity of $3.80bn. It held $1.04bn in cash against $1.16bn of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Danaos Corp: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	122	230	51	56	68	58	72	74	67	77	139	66	129	268	272	453	1,037
Receivables	—	4	4	4	8	8	11	8	7	9	7	8	7	6	10	26	39
Inventory	—	10	16	18	14	12	11	11	9	9	8	10	13	16	25	24	23
Total current assets	—	267	93	99	127	103	128	136	126	120	190	118	632	373	502	671	1,319
Total assets	—	3,489	3,988	4,212	4,067	3,851	3,662	3,127	2,986	2,680	2,683	2,714	3,627	3,400	3,661	4,344	5,114
Accounts payable	—	15	15	14	13	13	13	11	11	10	11	11	19	25	23	29	17
Deferred revenue (current)	—	10	7	5	7	14	10	28	23	20	18	19	83	111	64	50	37
Total current liabilities	—	246	232	365	370	328	312	2,566	2,380	223	223	240	319	228	168	169	402
Short-term debt	—	22	42	125	146	178	270	2,505	2,330	114	120	156	96	28	21	35	283
Long-term debt	—	2,544	2,960	3,097	2,966	2,773	2,470	—	—	1,508	1,271	1,187	1,018	402	383	700	872
Total debt	0	2,566	3,002	3,223	3,112	2,951	2,775	2,527	2,330	1,622	1,390	1,343	1,114	430	404	735	1,155
Total liabilities	—	3,097	3,546	3,772	3,468	3,163	2,820	2,639	2,438	1,989	1,801	1,679	1,539	840	645	919	1,318
Shareholders' equity	406	392	443	440	598	688	842	488	549	691	882	1,036	2,088	2,560	3,016	3,425	3,796
Shares outstanding	—	—	—	—	—	—	—	—	—	—	—	20m	21m	20m	19m	19m	18m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Danaos Corp's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Danaos Corp.