Digital Total Current Liabilities vs Common Stock Shares Outstanding Analysis

0I9F Stock   197.63  2.26  1.16%   
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 Current Liabilities and its Common Stock Shares Outstanding accounts. Check out Trending Equities 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 board of governors.

Total Current Liabilities vs Common Stock Shares Outstanding

Total Current Liabilities vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital Realty Trust Total Current Liabilities account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Digital Realty's Total Current Liabilities and Common Stock Shares Outstanding is 0.59. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Shares Outstanding 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 Current Liabilities and Common Stock Shares Outstanding 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 Current Liabilities of Digital Realty Trust are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Liabilities i.e., Digital Realty's Total Current Liabilities and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Digital Realty balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Digital Realty Trust are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Trending Equities 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 board of governors.
Tax Provision is likely to gain to about 45.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 240.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.1B1.2B979.9M
Total Revenue4.4B4.7B5.4B3.3B

Digital Realty fundamental ratios Correlations

-0.480.860.350.160.970.830.660.790.19-0.80.660.880.890.80.260.91.00.780.450.791.0-0.28-0.460.56-0.77
-0.48-0.090.620.25-0.41-0.12-0.140.04-0.67-0.12-0.14-0.34-0.680.03-0.1-0.37-0.52-0.150.480.06-0.530.110.99-1.00.92
0.86-0.090.590.560.850.80.870.790.11-0.880.870.890.590.80.110.690.860.950.580.810.85-0.11-0.030.17-0.42
0.350.620.590.250.410.650.290.8-0.64-0.830.290.350.130.780.220.470.30.420.950.810.29-0.220.61-0.560.31
0.160.250.560.250.120.070.830.070.35-0.250.830.37-0.160.1-0.24-0.160.170.720.080.110.160.280.35-0.210.11
0.97-0.410.850.410.120.820.610.820.18-0.820.610.820.870.830.270.90.970.760.530.820.96-0.28-0.40.49-0.7
0.83-0.120.80.650.070.820.450.94-0.21-0.870.450.80.750.930.270.910.80.610.670.930.79-0.3-0.140.19-0.43
0.66-0.140.870.290.830.610.450.440.45-0.581.00.740.380.46-0.060.350.670.970.230.470.670.09-0.050.21-0.39
0.790.040.790.80.070.820.940.44-0.33-0.950.440.690.71.00.320.890.760.610.851.00.76-0.330.010.04-0.3
0.19-0.670.11-0.640.350.18-0.210.45-0.330.290.450.190.24-0.29-0.19-0.080.250.33-0.63-0.310.240.21-0.60.67-0.58
-0.8-0.12-0.88-0.83-0.25-0.82-0.87-0.58-0.950.29-0.58-0.73-0.57-0.94-0.27-0.8-0.77-0.73-0.86-0.96-0.760.28-0.120.040.24
0.66-0.140.870.290.830.610.451.00.440.45-0.580.740.380.46-0.060.350.670.970.230.470.670.09-0.050.21-0.39
0.88-0.340.890.350.370.820.80.740.690.19-0.730.740.720.71-0.070.720.890.830.340.680.870.05-0.30.41-0.61
0.89-0.680.590.13-0.160.870.750.380.70.24-0.570.380.720.710.270.920.90.50.270.680.9-0.29-0.70.73-0.86
0.80.030.80.780.10.830.930.461.0-0.29-0.940.460.710.710.270.890.770.630.830.990.77-0.290.00.05-0.32
0.26-0.10.110.22-0.240.270.27-0.060.32-0.19-0.27-0.06-0.070.270.270.380.23-0.010.320.330.24-1.0-0.140.12-0.17
0.9-0.370.690.47-0.160.90.910.350.89-0.08-0.80.350.720.920.890.380.880.520.580.880.88-0.41-0.410.43-0.65
1.0-0.520.860.30.170.970.80.670.760.25-0.770.670.890.90.770.230.880.790.410.761.0-0.24-0.50.59-0.79
0.78-0.150.950.420.720.760.610.970.610.33-0.730.970.830.50.63-0.010.520.790.390.630.780.02-0.070.23-0.44
0.450.480.580.950.080.530.670.230.85-0.63-0.860.230.340.270.830.320.580.410.390.860.41-0.320.44-0.410.17
0.790.060.810.810.110.820.930.471.0-0.31-0.960.470.680.680.990.330.880.760.630.860.75-0.340.030.02-0.28
1.0-0.530.850.290.160.960.790.670.760.24-0.760.670.870.90.770.240.881.00.780.410.75-0.25-0.510.6-0.8
-0.280.11-0.11-0.220.28-0.28-0.30.09-0.330.210.280.090.05-0.29-0.29-1.0-0.41-0.240.02-0.32-0.34-0.250.16-0.130.19
-0.460.99-0.030.610.35-0.4-0.14-0.050.01-0.6-0.12-0.05-0.3-0.70.0-0.14-0.41-0.5-0.070.440.03-0.510.16-0.980.91
0.56-1.00.17-0.56-0.210.490.190.210.040.670.040.210.410.730.050.120.430.590.23-0.410.020.6-0.13-0.98-0.95
-0.770.92-0.420.310.11-0.7-0.43-0.39-0.3-0.580.24-0.39-0.61-0.86-0.32-0.17-0.65-0.79-0.440.17-0.28-0.80.190.91-0.95
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
Other Current Liab594.8M696.1M675.3M950.4M1.0B963.8M
Total Current Liabilities1.3B2.1B2.2B2.7B3.8B4.0B
Total Stockholder Equity9.9B17.7B18.0B17.6B19.1B14.2B
Property Plant And Equipment Net628.7M1.4B1.4B1.4B25.5B26.8B
Net Debt11.1B15.0B14.8B17.9B17.6B18.5B
Accounts Payable682.3M1.4B1.5B1.8B1.7B1.1B
Cash89.8M108.5M142.7M141.8M1.6B1.7B
Non Current Assets Total22.0B34.8B35.0B39.7B40.1B24.1B
Non Currrent Assets Other(8.4B)(15.0B)(15.0B)(17.1B)736.7M773.6M
Other Assets(23.1B)(36.1B)(35.7B)(41.4B)(43.1B)(41.0B)
Cash And Short Term Investments89.8M108.5M142.7M141.8M1.6B1.7B
Net Receivables305.5M603.1M1.2B1.6B1.6B1.7B
Common Stock Shares Outstanding209.5M262.5M283.2M297.9M309.1M172.2M
Non Current Liabilities Total11.1B15.5B15.6B19.2B19.3B11.6B
Other Current Assets718.5M36.1B8.8M(1.7B)824.4M783.2M
Other Stockholder Equity11.6B20.6B21.1B22.0B19.1B10.5B
Total Liab12.4B17.6B17.8B21.9B23.1B24.3B
Total Current Assets1.1B1.3B1.4B1.7B4.0B4.2B
Intangible Assets2.0B2.9B2.5B2.8B2.3B2.0B
Common Stock2.1M2.8M2.8M2.9M3.1M2.3M
Short Long Term Debt Total11.1B15.1B15.0B18.1B19.3B20.2B
Liabilities And Stockholders Equity23.1B36.1B36.4B41.5B44.1B23.8B
Inventory(20.1M)(2.4M)(35.5B)(17.1M)(8.5M)(9.0M)
Accumulated Other Comprehensive Income(114.9M)137.6M(173.8M)(497.1M)(751.4M)(713.8M)
Short Term Debt10.0M12.6M682.5M117.5M1.1B2.2B
Current Deferred Revenue(10.0M)(12.6M)(682.5M)(117.5M)134.9M141.6M
Retained Earnings(3.0B)(4.0B)(3.6B)(4.7B)(5.3B)(5.0B)
Good Will3.4B8.3B7.9B9.2B9.2B5.7B
Short Term Investments19.0M20.1M2.4M17.1M8.5M12.9M
Long Term Debt8.6B11.1B10.1B13.3B15.3B10.8B
Capital Surpluse11.3B11.4B11.6B20.6B23.7B13.3B
Property Plant Equipment14.7B21.7B22.0B25.0B28.8B19.0B
Other Liab147.4M698.3M666.5M1.2B1.4B1.4B
Net Tangible Assets3.1B5.5B6.9B4.8B5.5B4.5B
Deferred Long Term Liab291.8M272.3M314.9M257.0M231.3M238.6M

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