Digital Realty: The Company Is Safer Than Its Credit Rating Suggests
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Arbitrage TraderInvesting Group LeaderFollow5ShareSavePlay(6min)CommentsSummaryDigital Realty Trust is a leading global data center operator with a robust, investment-grade financial profile and over 300 facilities worldwide.DLR's assets are substantial ($48.7B), with 97.8% unencumbered, and secured debt is minimal at 1.4%, supporting strong creditworthiness.Moody's rates DLR Baa2, but an adjusted analysis suggests a higher A2 rating, reflecting superior asset quality, liquidity, and market positioning.DLR's preferred stocks and OTC bonds trade below par, with spreads to treasury yields narrowing, highlighting stable but modest yield opportunities. 10'000 Hours/DigitalVision via Getty Images Digital Realty Trust, Inc. (DLR) is one of the leading global data center operators and continues to show a strong financial position. Today, we will go deeper and analyze the key economic characteristics and ratios, itsThis article was written byArbitrage Trader15.47K FollowersFollowArbitrage Trader, aka Denislav Iliev has been day trading for 15+ years and leads a team of 40 analysts. They identify mispriced investments in fixed-income and closed-end funds based on simple-to-understand financial logic. Denislav leads the investing group Trade With Beta, features of the service include: frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of 1200+ equities, IPO previews, hedging strategies, an actively managed portfolio, and chat for discussion. Learn more.Analyst’s Disclosure:I/we have a beneficial long position in the shares of DLR.PR.L either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.