Digital Quick Ratio from 2010 to 2024
| DLR Stock | USD 136.66 0.91 0.67% |
Quick Ratio | First Reported 2010-12-31 | Previous Quarter 0.60364414 | Current Value 0.57 | Quarterly Volatility 5.00971965 |
Check Digital Realty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 459.6 M or Total Revenue of 5.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.94, Dividend Yield of 0.0651 or PTB Ratio of 1.71. Digital financial statements analysis is a perfect complement when working with Digital Realty Valuation or Volatility modules.
Digital | Quick Ratio |
Latest Digital Realty's Quick Ratio Growth Pattern
Below is the plot of the Quick Ratio of Digital Realty Trust over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Digital Realty's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digital Realty's overall financial position and show how it may be relating to other accounts over time.
| Quick Ratio | 10 Years Trend |
|
Quick Ratio |
| Timeline |
Digital Quick Ratio Regression Statistics
| Arithmetic Mean | 4.38 | |
| Geometric Mean | 1.45 | |
| Coefficient Of Variation | 114.31 | |
| Mean Deviation | 4.31 | |
| Median | 0.60 | |
| Standard Deviation | 5.01 | |
| Sample Variance | 25.10 | |
| Range | 15.7989 | |
| R-Value | (0.61) | |
| Mean Square Error | 17.10 | |
| R-Squared | 0.37 | |
| Significance | 0.02 | |
| Slope | (0.68) | |
| Total Sum of Squares | 351.36 |
Digital Quick Ratio History
About Digital Realty Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Digital Realty income statement, its balance sheet, and the statement of cash flows. Digital Realty investors use historical funamental indicators, such as Digital Realty's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Digital Realty investors may use each financial statement separately, they are all related. The changes in Digital Realty's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Digital Realty's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Digital Realty Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Digital Realty. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Quick Ratio | 0.60 | 0.57 |
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.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.Check out the analysis of Digital Realty Correlation against competitors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary 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.
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Is Digital Realty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digital Realty. If investors know Digital will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digital Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.097 | Dividend Share 4.88 | Earnings Share 3 | Revenue Per Share 18.243 | Quarterly Revenue Growth 0.112 |
The market value of Digital Realty Trust is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Realty's value that differs from its market value or its book value, called intrinsic value, which is Digital Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digital Realty's market value can be influenced by many factors that don't directly affect Digital Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digital Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.