Plains Current Ratio from 2010 to 2024
| PAGP Stock | USD 18.07 0.21 1.15% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 0.98221778 | Current Value 0.74 | Quarterly Volatility 0.07021136 |
Check Plains GP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plains main balance sheet or income statement drivers, such as Depreciation And Amortization of 615.9 M, Interest Expense of 425.9 M or Selling General Administrative of 338.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.12 or PTB Ratio of 2.11. Plains financial statements analysis is a perfect complement when working with Plains GP Valuation or Volatility modules.
Plains | Current Ratio |
Latest Plains GP's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Plains GP Holdings over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Plains GP's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Plains GP's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.04 X | 10 Years Trend |
|
Current Ratio |
| Timeline |
Plains Current Ratio Regression Statistics
| Arithmetic Mean | 0.92 | |
| Geometric Mean | 0.92 | |
| Coefficient Of Variation | 7.63 | |
| Mean Deviation | 0.05 | |
| Median | 0.92 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0 | |
| Range | 0.2823 | |
| R-Value | (0.33) | |
| Mean Square Error | 0 | |
| R-Squared | 0.11 | |
| Significance | 0.23 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.07 |
Plains Current Ratio History
About Plains GP Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Plains GP income statement, its balance sheet, and the statement of cash flows. Plains GP investors use historical funamental indicators, such as Plains GP's Current Ratio, to determine how well the company is positioned to perform in the future. Although Plains GP investors may use each financial statement separately, they are all related. The changes in Plains GP's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Plains GP'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 Plains GP Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Plains GP. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.98 | 0.74 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of Plains GP Correlation against competitors. Note that the Plains GP Holdings information on this page should be used as a complementary analysis to other Plains GP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Plains Stock analysis
When running Plains GP's price analysis, check to measure Plains GP'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 Plains GP is operating at the current time. Most of Plains GP's value examination focuses on studying past and present price action to predict the probability of Plains GP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains GP's price. Additionally, you may evaluate how the addition of Plains GP to your portfolios can decrease your overall portfolio volatility.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
Is Plains GP'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 Plains GP. If investors know Plains 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 Plains GP 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 (0.40) | Dividend Share 1.17 | Earnings Share 0.87 | Revenue Per Share 247.08 | Quarterly Revenue Growth (0.03) |
The market value of Plains GP Holdings is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains GP's value that differs from its market value or its book value, called intrinsic value, which is Plains GP'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 Plains GP's market value can be influenced by many factors that don't directly affect Plains GP'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 Plains GP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains GP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains GP'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.