DACDanaos Corporation
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -96% · now at/near its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can DAC take a bad year?
The deepest fall in DAC's price history on file is −96%; it is 0.64% below its high today.
Net debt · as at Q2 2025 · debt less the cash on hand
- Interest cover
- 18.8×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 26%
Annualised volatility · about as steady as the market itself
- Worst drawdown on file
- −96%
Worst drawdown on file · −0.64% today
Details›
- Total debtQ2 2025
- $761M
- Cash and short-term investments
- $654M
- Net debt
- $107M
- Operating profit, trailing twelve months
- $526M
- Debt / equity
- 0.21×
- Annualised volatilitytwo years of daily moves
- 26%
- Worst drawdown on file
- −96%
- Below its 52-week high
- 0.64%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.