DANAOS CORPORATION (DAC) Quick Ratio
- Quick ratio · latest quarter: Value 2.98×; Formula and calculation Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2025-12-31..
Quick ratio
Overview →Financial period ending 2025-12-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Quick ratio · latest quarter | 2.98× | Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2025-12-31. $1.20B ÷ $401.68M ≈ 2.98× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Cash, securities and trade receivables | 1.20B USD | Cash and Cash Equivalents, at Carrying Value · Marketable Securities, Current · Accounts Receivable, after Allowance for Credit Loss, Current |
| Current obligations | 401.68M USD | Liabilities, Current |
| Cash and equivalents | 1.04B USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | 120.24M USD | Marketable Securities, Current |
| Customer receivables | 38.73M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory · excluded from quick assets | 23.42M USD | Inventory, Net |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Cash, securities and trade receivables (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory · excluded from quick assets (USD) | Quick ratio |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | $1.20B | $401.68M | $1.04B | $120.24M | $38.73M | $23.42M | 2.98× |
| 2025-06-30 | $681.54M | $150.72M | $546.16M | $107.92M | $27.45M | $21.62M | 4.52× |
| 2024-12-31 | $539.81M | $168.95M | $453.38M | $60.85M | $25.58M | $23.88M | 3.20× |
| 2024-06-30 | $494.40M | $147.75M | $372.45M | $99.23M | $22.73M | $21.91M | 3.35× |
| 2023-12-31 | $367.77M | $168.16M | $271.81M | $86.03M | $9.93M | $24.51M | 2.19× |
| 2023-06-30 | $376.02M | $185.07M | $293.33M | $74.60M | $8.09M | $16.02M | 2.03× |
| 2022-12-31 | (m) | $228.41M | $267.67M | (m) | $5.63M | $16.10M | (m) |
| 2022-06-30 | (m) | $336.08M | $319.57M | (m) | $5.54M | $14.44M | (m) |
| 2021-12-31 | (m) | $319.31M | $129.41M | (m) | $7.12M | $12.58M | (m) |
| 2021-06-30 | (m) | $228.82M | $294.42M | (m) | $7.11M | $9.80M | (m) |
| 2020-12-31 | (m) | $239.69M | $65.66M | (m) | $7.56M | $9.62M | (m) |
| 2020-06-30 | (m) | $238.93M | $84.95M | (m) | $12.55M | $9.36M | (m) |
| 2019-12-31 | (m) | $223.08M | $139.17M | (m) | $7.14M | $8.49M | (m) |
| 2019-06-30 | (m) | $223.31M | $78.80M | (m) | $7.50M | $9.16M | (m) |
| 2018-12-31 | (m) | $222.70M | $77.28M | (m) | $9.22M | $8.88M | (m) |
| 2018-06-30 | (m) | $189.59M | $72.42M | (m) | $15.79M | $9.06M | (m) |
| 2017-12-31 | (m) | $2.38B | $66.89M | (m) | $6.50M | $8.84M | (m) |
| 2017-06-30 | (m) | $2.46B | $63.82M | (m) | $11.84M | $8.96M | (m) |
| 2016-12-31 | (m) | $2.57B | $73.72M | (m) | $8.03M | $11.39M | (m) |
| 2016-06-30 | (m) | $313.78M | $101.06M | (m) | $21.36M | $9.81M | (m) |
| 2015-12-31 | (m) | $312.14M | $72.25M | (m) | $10.65M | $11.04M | (m) |
| 2015-06-30 | (m) | $333.30M | $74.14M | (m) | $5.18M | $10.93M | (m) |
| 2014-12-31 | (m) | $328.08M | $57.73M | (m) | $7.90M | $11.66M | (m) |
| 2014-06-30 | (m) | $349.13M | $51.51M | (m) | $8.74M | $11.32M | (m) |
| 2013-12-31 | (m) | $369.89M | $68.15M | (m) | $8.04M | $14.50M | (m) |
| 2013-06-30 | (m) | $376.37M | $75.03M | (m) | $10.67M | $15.40M | (m) |
| 2012-12-31 | (m) | $365.25M | $55.63M | (m) | $3.74M | $17.73M | (m) |
| 2012-06-30 | (m) | $319.12M | $47.22M | (m) | $5.44M | $16.59M | (m) |
| 2011-12-31 | (m) | $231.69M | $51.36M | (m) | $4.18M | $16.19M | (m) |
| 2011-06-30 | (m) | (m) | $96.72M | (m) | (m) | (m) | (m) |
| 2010-12-31 | (m) | $246.50M | $229.84M | (m) | $4.11M | $9.92M | (m) |
| 2009-12-31 | (m) | (m) | $122.05M | (m) | (m) | (m) | (m) |
| 2008-12-31 | (m) | (m) | $120.72M | (m) | (m) | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.