Digital Total Assets vs Other Stockholder Equity Analysis

DLR Stock  USD 187.37  1.46  0.79%   
Digital Realty financial indicator trend analysis is much more than just examining Digital Realty Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digital Realty Trust is a good investment. Please check the relationship between Digital Realty Total Assets and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital Realty Trust Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Digital Realty's Total Assets and Other Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Digital Realty Trust, assuming nothing else is changed. The correlation between historical values of Digital Realty's Total Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Digital Realty Trust are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Digital Realty's Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Digital Realty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Digital Realty Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

Most indicators from Digital Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digital Realty Trust current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Digital Realty's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Issuance Of Capital Stock is likely to drop slightly above 939.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B2.7B1.2B1.1B
Total Revenue4.4B4.7B5.5B5.8B

Digital Realty fundamental ratios Correlations

1.00.920.990.770.990.980.670.680.990.981.01.00.41-0.410.72-0.260.670.941.00.090.770.69-0.990.980.85
1.00.940.980.781.00.980.670.670.990.990.991.00.46-0.40.71-0.270.670.941.00.080.780.65-0.990.980.85
0.920.940.880.790.930.940.640.470.910.910.890.940.67-0.210.64-0.250.640.890.91-0.020.730.54-0.910.90.77
0.990.980.880.720.980.970.620.680.980.981.00.980.34-0.420.75-0.250.620.910.990.10.730.72-0.980.980.86
0.770.780.790.720.750.760.820.660.770.750.760.80.46-0.420.27-0.440.820.920.770.230.880.53-0.750.730.49
0.991.00.930.980.750.990.620.650.990.990.991.00.45-0.380.75-0.260.620.921.00.070.740.64-0.990.980.87
0.980.980.940.970.760.990.580.610.970.990.970.980.48-0.310.77-0.280.580.90.980.020.70.58-0.970.980.88
0.670.670.640.620.820.620.580.750.630.630.660.690.14-0.37-0.04-0.061.00.850.660.20.980.73-0.670.660.31
0.680.670.470.680.660.650.610.750.660.680.690.68-0.12-0.540.22-0.030.750.730.70.140.770.66-0.670.680.45
0.990.990.910.980.770.990.970.630.660.980.990.990.44-0.460.74-0.320.630.931.00.130.750.65-0.990.970.84
0.980.990.910.980.750.990.990.630.680.980.970.990.42-0.350.73-0.230.630.910.990.090.740.63-0.980.990.87
1.00.990.891.00.760.990.970.660.690.990.970.990.36-0.450.72-0.270.660.930.990.110.770.73-0.980.980.84
1.01.00.940.980.81.00.980.690.680.990.990.990.44-0.40.69-0.270.690.951.00.090.80.67-0.990.980.84
0.410.460.670.340.460.450.480.14-0.120.440.420.360.440.170.43-0.210.140.380.390.080.22-0.07-0.40.370.45
-0.41-0.4-0.21-0.42-0.42-0.38-0.31-0.37-0.54-0.46-0.35-0.45-0.40.17-0.210.55-0.37-0.49-0.43-0.24-0.42-0.520.44-0.32-0.21
0.720.710.640.750.270.750.77-0.040.220.740.730.720.690.43-0.21-0.28-0.040.460.72-0.070.120.25-0.70.70.85
-0.26-0.27-0.25-0.25-0.44-0.26-0.28-0.06-0.03-0.32-0.23-0.27-0.27-0.210.55-0.28-0.06-0.35-0.28-0.13-0.170.060.27-0.2-0.22
0.670.670.640.620.820.620.581.00.750.630.630.660.690.14-0.37-0.04-0.060.850.660.20.980.73-0.670.660.31
0.940.940.890.910.920.920.90.850.730.930.910.930.950.38-0.490.46-0.350.850.930.170.920.73-0.930.910.68
1.01.00.910.990.771.00.980.660.71.00.990.991.00.39-0.430.72-0.280.660.930.10.770.68-0.990.980.85
0.090.08-0.020.10.230.070.020.20.140.130.090.110.090.08-0.24-0.07-0.130.20.170.10.230.19-0.060.1-0.02
0.770.780.730.730.880.740.70.980.770.750.740.770.80.22-0.420.12-0.170.980.920.770.230.73-0.780.770.45
0.690.650.540.720.530.640.580.730.660.650.630.730.67-0.07-0.520.250.060.730.730.680.190.73-0.670.670.44
-0.99-0.99-0.91-0.98-0.75-0.99-0.97-0.67-0.67-0.99-0.98-0.98-0.99-0.40.44-0.70.27-0.67-0.93-0.99-0.06-0.78-0.67-0.97-0.85
0.980.980.90.980.730.980.980.660.680.970.990.980.980.37-0.320.7-0.20.660.910.980.10.770.67-0.970.86
0.850.850.770.860.490.870.880.310.450.840.870.840.840.45-0.210.85-0.220.310.680.85-0.020.450.44-0.850.86
Click cells to compare fundamentals

Digital Realty Account Relationship Matchups

Digital Realty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.1B36.1B36.4B41.5B44.1B46.3B
Short Long Term Debt Total10.8B14.8B15.0B18.7B19.0B19.9B
Total Current Liabilities1.5B2.8B2.3B4.4B3.8B4.0B
Total Stockholder Equity9.9B17.7B18.0B17.6B19.1B20.1B
Other Liab148.8M130.9M666.5M1.2B1.4B1.4B
Net Debt10.7B14.7B14.8B17.9B17.3B18.2B
Accounts Payable1.0B1.4B1.5B1.9B1.7B1.8B
Cash89.8M108.5M142.7M141.8M1.6B1.7B
Other Assets17.1B448.1M26.9B710.0M26.0B27.3B
Long Term Debt9.1B12.8B13.1B16.6B15.6B16.4B
Common Stock Shares Outstanding209.5M262.5M283.2M297.9M309.1M324.5M
Liabilities And Stockholders Equity23.1B36.1B36.4B41.5B44.1B46.3B
Other Stockholder Equity11.6B20.6B21.1B22.1B24.4B25.6B
Total Liab12.4B17.6B17.8B21.9B23.1B24.3B
Short Term Debt234.1M531.9M398.2M2.2B1.1B635.5M
Property Plant And Equipment Net628.7M1.4B1.4B1.4B1.4B1.3B
Non Current Assets Total22.4B35.4B35.6B40.4B14.7B14.1B
Non Currrent Assets Other184.6M221.2M359.5M(16.8B)(753.8M)(716.1M)
Cash And Short Term Investments89.8M108.5M142.7M141.8M1.6B1.7B
Net Receivables305.5M603.1M671.7M969.3M1.3B1.3B
Non Current Liabilities Total10.9B14.7B15.6B17.5B18.3B19.2B
Total Current Assets625.3M711.6M814.4M1.1B3.4B3.6B
Accumulated Other Comprehensive Income(87.9M)135.0M(173.9M)(595.8M)(6.0B)(5.7B)
Other Current Liab2.7M1.1B675.3M(5.9M)1.0B1.1B
Retained Earnings(3.0B)(4.0B)(3.6B)(4.7B)(5.3B)(5.0B)
Common Stock Total Equity2.1M2.1M2.8M2.8M3.2M3.4M
Common Stock2.1M2.8M2.8M2.9M3.1M1.6M
Short Term Investments20.1M2.4M20.8B17.1M8.5M8.1M
Other Current Assets(395.3M)(711.6M)(1.4B)(1.7B)478.5M502.4M
Intangible Assets2.3B3.2B2.7B3.1B2.5B1.8B
Inventory(19.0M)(20.1M)(2.4M)1.7B(8.5M)(8.1M)
Net Tangible Assets5.1B8.5B9.4B4.8B5.5B5.1B
Property Plant Equipment14.7B21.7B22.0B25.1B28.9B30.3B
Noncontrolling Interest In Consolidated Entity999.6M728.8M728.6M472.2M543.1M380.4M
Good Will3.4B8.3B7.9B9.2B9.2B9.7B
Retained Earnings Total Equity(2.6B)(3.0B)(4.0B)(3.6B)(3.3B)(3.1B)

Pair Trading with Digital Realty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Digital Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Digital Realty will appreciate offsetting losses from the drop in the long position's value.

Moving against Digital Stock

  0.84FR First Industrial RealtyPairCorr
  0.74AMT American Tower CorpPairCorr
  0.65O Realty IncomePairCorr
  0.63VICI VICI PropertiesPairCorr
  0.63ARE Alexandria Real EstatePairCorr
The ability to find closely correlated positions to Digital Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digital Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Digital Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Digital Realty Trust to buy it.
The correlation of Digital Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Digital Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digital Realty Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Digital Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Digital Stock Analysis

When running Digital Realty's price analysis, check to measure Digital Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digital Realty is operating at the current time. Most of Digital Realty's value examination focuses on studying past and present price action to predict the probability of Digital Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Realty's price. Additionally, you may evaluate how the addition of Digital Realty to your portfolios can decrease your overall portfolio volatility.