Plains Total Stockholder Equity vs Intangible Assets Analysis

PAGP Stock  USD 18.54  0.14  0.76%   
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 Total Stockholder Equity and its Intangible Assets 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.

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plains GP Holdings Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Plains GP's Total Stockholder Equity and Intangible Assets is 0.16. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets 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 Total Stockholder Equity and Intangible Assets 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 Stockholder Equity of Plains GP Holdings are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., Plains GP's Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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

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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.
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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.