Plains Long Term Debt Total vs Long Term Debt Analysis

PAGP Stock  USD 18.40  0.33  1.83%   
Plains GP financial indicator trend analysis is much more than just breaking down Plains GP Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plains GP Holdings is a good investment. Please check the relationship between Plains GP Long Term Debt Total and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains GP Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Long Term Debt Total vs Long Term Debt

Long Term Debt Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plains GP Holdings Long Term Debt Total account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Plains GP's Long Term Debt Total and Long Term Debt is 0.77. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Plains GP Holdings, assuming nothing else is changed. The correlation between historical values of Plains GP's Long Term Debt Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Plains GP Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Debt Total i.e., Plains GP's Long Term Debt Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt Total

Long Term Debt

Long-term debt is a debt that Plains GP Holdings has held for over one year. Long-term debt appears on Plains GP Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Plains GP Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Plains GP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plains GP Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains GP Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Plains GP's Tax Provision is relatively stable compared to the past year. As of 05/20/2024, Sales General And Administrative To Revenue is likely to grow to 0.01, while Selling General Administrative is likely to drop slightly above 338.8 M.
 2022 2023 2024 (projected)
Interest Expense405M396M425.9M
Depreciation And Amortization968M1.1B615.9M

Plains GP fundamental ratios Correlations

-0.21-0.390.3-0.09-0.340.09-0.13-0.410.10.18-0.22-0.38-0.15-0.350.180.1-0.31-0.33-0.1-0.47-0.34-0.180.03-0.480.16
-0.210.66-0.20.280.310.810.970.610.090.550.980.150.60.680.550.190.78-0.550.20.490.890.910.2-0.030.62
-0.390.66-0.46-0.220.260.310.670.99-0.530.170.730.060.690.970.17-0.440.95-0.160.380.520.870.67-0.350.27-0.06
0.3-0.2-0.460.05-0.660.05-0.17-0.480.240.35-0.23-0.01-0.41-0.450.350.21-0.42-0.27-0.59-0.76-0.4-0.070.13-0.380.17
-0.090.28-0.220.050.360.070.13-0.280.860.580.110.040.03-0.290.580.89-0.20.02-0.20.190.19-0.020.960.280.6
-0.340.310.26-0.660.360.120.240.250.12-0.090.28-0.020.350.25-0.090.170.270.070.30.910.420.040.20.440.16
0.090.810.310.050.070.120.880.270.080.370.81-0.080.370.390.370.20.53-0.740.120.220.560.780.09-0.420.72
-0.130.970.67-0.170.130.240.880.63-0.030.470.980.020.640.70.470.090.81-0.630.240.430.870.920.06-0.140.59
-0.410.610.99-0.48-0.280.250.270.63-0.580.080.70.050.680.970.08-0.50.95-0.130.410.510.840.63-0.410.26-0.13
0.10.09-0.530.240.860.120.08-0.03-0.580.47-0.070.0-0.22-0.550.470.98-0.46-0.15-0.5-0.07-0.12-0.120.92-0.150.61
0.180.550.170.350.58-0.090.370.470.080.470.460.10.190.081.00.510.17-0.41-0.35-0.050.40.430.570.020.71
-0.220.980.73-0.230.110.280.810.980.7-0.070.460.150.630.760.460.030.85-0.570.250.50.90.940.02-0.060.52
-0.380.150.06-0.010.04-0.02-0.080.020.050.00.10.15-0.4-0.010.1-0.07-0.030.15-0.030.07-0.020.21-0.020.290.05
-0.150.60.69-0.410.030.350.370.640.68-0.220.190.63-0.40.770.19-0.130.79-0.240.380.560.80.55-0.070.130.07
-0.350.680.97-0.45-0.290.250.390.70.97-0.550.080.76-0.010.770.08-0.470.98-0.190.450.530.870.7-0.40.17-0.08
0.180.550.170.350.58-0.090.370.470.080.471.00.460.10.190.080.510.17-0.41-0.35-0.050.40.430.570.020.71
0.10.19-0.440.210.890.170.20.09-0.50.980.510.03-0.07-0.13-0.470.51-0.36-0.22-0.44-0.02-0.01-0.040.94-0.160.68
-0.310.780.95-0.42-0.20.270.530.810.95-0.460.170.85-0.030.790.980.17-0.36-0.310.430.540.920.78-0.310.110.07
-0.33-0.55-0.16-0.270.020.07-0.74-0.63-0.13-0.15-0.41-0.570.15-0.24-0.19-0.41-0.22-0.310.38-0.02-0.3-0.610.030.72-0.58
-0.10.20.38-0.59-0.20.30.120.240.41-0.5-0.350.25-0.030.380.45-0.35-0.440.430.380.380.360.17-0.240.46-0.25
-0.470.490.52-0.760.190.910.220.430.51-0.07-0.050.50.070.560.53-0.05-0.020.54-0.020.380.620.30.010.410.13
-0.340.890.87-0.40.190.420.560.870.84-0.120.40.9-0.020.80.870.4-0.010.92-0.30.360.620.780.070.220.31
-0.180.910.67-0.07-0.020.040.780.920.63-0.120.430.940.210.550.70.43-0.040.78-0.610.170.30.78-0.07-0.190.43
0.030.2-0.350.130.960.20.090.06-0.410.920.570.02-0.02-0.07-0.40.570.94-0.310.03-0.240.010.07-0.070.130.62
-0.48-0.030.27-0.380.280.44-0.42-0.140.26-0.150.02-0.060.290.130.170.02-0.160.110.720.460.410.22-0.190.13-0.22
0.160.62-0.060.170.60.160.720.59-0.130.610.710.520.050.07-0.080.710.680.07-0.58-0.250.130.310.430.62-0.22
Click cells to compare fundamentals

Plains GP Account Relationship Matchups

Plains GP fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding282M170M246M194M195M206.4M
Total Assets28.7B24.5B28.6B29.2B28.6B27.3B
Short Long Term Debt Total9.6B9.7B8.7B8.8B8.1B9.9B
Other Current Liab828M999M601M689M4.9B5.2B
Total Current Liabilities5.0B4.3B6.2B5.9B5.0B5.3B
Total Stockholder Equity14.5B11.2B14.2B14.6B1.5B1.5B
Other Liab857M807M830M892M1.0B626.3M
Property Plant And Equipment Net15.8B15.0B15.3B15.6B16.1B14.8B
Net Debt9.5B9.7B8.3B8.4B7.6B9.7B
Accounts Payable3.7B2.4B4.8B4.0B3.8B3.7B
Cash40M69M47M452M453M475.7M
Non Current Assets Total24.1B20.8B22.5B23.8B23.7B22.3B
Non Currrent Assets Other741M(170M)49M1.7B1.6B822.6M
Other Assets2.6B3.7B3.5B1.4B1.6B2.6B
Long Term Debt9.2B9.4B8.4B7.3B7.3B9.2B
Cash And Short Term Investments40M69M47M452M453M475.7M
Net Receivables3.6B2.6B4.7B3.9B3.8B3.5B
Liabilities And Stockholders Equity15.6B14.9B18.6B29.2B28.6B24.5B
Non Current Liabilities Total10.5B10.5B9.6B8.7B8.6B10.1B
Inventory604M647M783M729M548M681.0M
Other Current Assets312M405M196M318M155M147.3M
Other Stockholder Equity12.3B9.7B12.6B12.9B(58M)(55.1M)
Total Liab15.5B14.8B15.8B14.6B13.6B15.4B
Property Plant And Equipment Gross19.0B15.0B15.3B15.6B21.5B16.8B
Total Current Assets4.6B3.7B6.1B5.4B4.9B4.9B
Short Term Debt504M831M822M1.2B515M708.9M
Intangible Assets707M805M2.0B2.1B1.9B958.0M
Property Plant Equipment15.5B14.6B15.3B15.6B17.9B14.6B
Net Tangible Assets11.9B11.2B1.5B12.5B14.4B8.5B
Retained Earnings(1.7B)(844M)60M1.1B1.3B1.3B
Long Term Debt Total9.2B9.4B8.4B7.3B6.6B7.2B
Long Term Investments3.7B3.8B3.8B3.1B2.8B2.9B
Non Current Liabilities Other1.3B1.1B830M1.1B1.0B951.2M
Common Stock2.2B1.5B1.5B1.5B1.5B1.8B
Short Long Term Debt504M831M822M1.2B446M697.5M

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 Architect
When determining whether Plains GP Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Plains Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Plains Gp Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Plains Gp Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains GP Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Money Managers
Screen money managers from public funds and ETFs managed around the world
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Transaction History
View history of all your transactions and understand their impact on performance
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
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.