Plains Net Debt vs Net Working Capital Analysis

PAA Stock

USD 18.67 0.58 3.21%

Plains All financial indicator trend analysis is much more than just breaking down Plains All American prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plains All American is a good investment. Please check the relationship between Plains All Net Debt and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains All American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plains All American Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have no relationship.

The correlation between Plains All's Net Debt and Net Working Capital is 0.07. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Plains All American, assuming nothing else is changed. The correlation between historical values of Plains All's Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Plains All American are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., Plains All's Net Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Working Capital

Most indicators from Plains All's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plains All American 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 All American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 94.1 M, whereas Selling General Administrative is forecasted to decline to about 235.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.7B	1.9B	2.8B	2.9B
Total Revenue	42.0B	57.3B	48.7B	27.5B

Gross Profit Total Revenue

Plains All fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Other Stockholder Equity	Common Stock	Other Liab	Other Assets	Long Term Debt	Property Plant Equipment
Total Assets		0.86	0.68	0.81	0.43	0.99	0.87	0.73	0.28	0.99	0.82	0.28	0.74	0.88	0.91	0.35	0.4	0.96	0.78	0.33	-0.08	0.86	0.72	0.62	0.86	0.47
Short Long Term Debt Total	0.86		0.43	0.61	0.3	0.87	0.98	0.43	0.05	0.87	0.64	0.05	0.41	0.63	0.98	0.56	0.14	0.95	0.55	0.57	-0.21	0.8	0.48	0.38	0.99	0.68
Other Current Liab	0.68	0.43		0.43	0.49	0.69	0.49	0.4	0.56	0.69	0.49	0.56	0.46	0.75	0.54	-0.07	0.23	0.55	0.43	-0.07	0.36	0.66	0.93	0.42	0.49	-0.02
Total Current Liabilities	0.81	0.61	0.43		0.61	0.72	0.57	0.95	0.36	0.72	0.76	0.36	0.94	0.54	0.61	0.6	0.5	0.81	0.99	0.56	0.07	0.54	0.55	0.66	0.55	0.28
Total Stockholder Equity	0.43	0.3	0.49	0.61		0.4	0.26	0.48	0.52	0.37	0.37	0.52	0.54	0.22	0.29	0.27	0.46	0.44	0.57	0.5	0.39	0.23	0.48	0.47	0.25	-0.11
Property Plant And Equipment Net	0.99	0.87	0.69	0.72	0.4		0.9	0.63	0.26	1.0	0.78	0.26	0.65	0.89	0.93	0.29	0.35	0.95	0.69	0.3	-0.07	0.87	0.72	0.58	0.88	0.46
Net Debt	0.87	0.98	0.49	0.57	0.26	0.9		0.42	0.0	0.9	0.66	0.0	0.41	0.71	0.99	0.47	0.09	0.94	0.52	0.43	-0.2	0.81	0.52	0.38	0.99	0.7
Accounts Payable	0.73	0.43	0.4	0.95	0.48	0.63	0.42		0.36	0.63	0.75	0.36	0.99	0.53	0.46	0.47	0.5	0.68	0.97	0.33	0.1	0.46	0.53	0.64	0.39	0.21
Cash	0.28	0.05	0.56	0.36	0.52	0.26	0.0	0.36		0.25	0.31	1.0	0.39	0.21	0.07	-0.09	0.51	0.18	0.38	0.12	0.55	0.15	0.59	0.46	0.03	-0.44
Non Current Assets Total	0.99	0.87	0.69	0.72	0.37	1.0	0.9	0.63	0.25		0.79	0.25	0.65	0.9	0.94	0.28	0.35	0.95	0.69	0.28	-0.12	0.88	0.71	0.57	0.89	0.49
Non Currrent Assets Other	0.82	0.64	0.49	0.76	0.37	0.78	0.66	0.75	0.31	0.79		0.31	0.78	0.76	0.7	0.25	0.59	0.79	0.77	0.2	-0.13	0.65	0.6	0.88	0.65	0.57
Cash And Short Term Investments	0.28	0.05	0.56	0.36	0.52	0.26	0.0	0.36	1.0	0.25	0.31		0.39	0.21	0.07	-0.09	0.51	0.18	0.38	0.12	0.55	0.15	0.59	0.46	0.03	-0.44
Net Receivables	0.74	0.41	0.46	0.94	0.54	0.65	0.41	0.99	0.39	0.65	0.78	0.39		0.58	0.45	0.39	0.55	0.68	0.97	0.28	0.12	0.47	0.58	0.71	0.38	0.18
Common Stock Shares Outstanding	0.88	0.63	0.75	0.54	0.22	0.89	0.71	0.53	0.21	0.9	0.76	0.21	0.58		0.76	-0.05	0.36	0.75	0.53	-0.07	-0.16	0.78	0.76	0.62	0.69	0.37
Non Current Liabilities Total	0.91	0.98	0.54	0.61	0.29	0.93	0.99	0.46	0.07	0.94	0.7	0.07	0.45	0.76		0.43	0.18	0.96	0.55	0.43	-0.21	0.86	0.56	0.44	0.99	0.67
Inventory	0.35	0.56	-0.07	0.6	0.27	0.29	0.47	0.47	-0.09	0.28	0.25	-0.09	0.39	-0.05	0.43		0.01	0.54	0.59	0.81	0.09	0.19	0.08	0.09	0.47	0.39
Other Current Assets	0.4	0.14	0.23	0.5	0.46	0.35	0.09	0.5	0.51	0.35	0.59	0.51	0.55	0.36	0.18	0.01		0.32	0.52	0.22	0.01	0.17	0.29	0.66	0.11	-0.04
Total Liab	0.96	0.95	0.55	0.81	0.44	0.95	0.94	0.68	0.18	0.95	0.79	0.18	0.68	0.75	0.96	0.54	0.32		0.77	0.52	-0.13	0.83	0.61	0.56	0.93	0.6
Total Current Assets	0.78	0.55	0.43	0.99	0.57	0.69	0.52	0.97	0.38	0.69	0.77	0.38	0.97	0.53	0.55	0.59	0.52	0.77		0.49	0.14	0.5	0.56	0.68	0.49	0.25
Short Term Debt	0.33	0.57	-0.07	0.56	0.5	0.3	0.43	0.33	0.12	0.28	0.2	0.12	0.28	-0.07	0.43	0.81	0.22	0.52	0.49		-0.05	0.2	0.03	0.18	0.46	0.25
Other Stockholder Equity	-0.08	-0.21	0.36	0.07	0.39	-0.07	-0.2	0.1	0.55	-0.12	-0.13	0.55	0.12	-0.16	-0.21	0.09	0.01	-0.13	0.14	-0.05		-0.26	0.37	0.03	-0.22	-0.55
Common Stock	0.86	0.8	0.66	0.54	0.23	0.87	0.81	0.46	0.15	0.88	0.65	0.15	0.47	0.78	0.86	0.19	0.17	0.83	0.5	0.2	-0.26		0.64	0.4	0.83	0.51
Other Liab	0.72	0.48	0.93	0.55	0.48	0.72	0.52	0.53	0.59	0.71	0.6	0.59	0.58	0.76	0.56	0.08	0.29	0.61	0.56	0.03	0.37	0.64		0.54	0.52	-0.03
Other Assets	0.62	0.38	0.42	0.66	0.47	0.58	0.38	0.64	0.46	0.57	0.88	0.46	0.71	0.62	0.44	0.09	0.66	0.56	0.68	0.18	0.03	0.4	0.54		0.37	0.3
Long Term Debt	0.86	0.99	0.49	0.55	0.25	0.88	0.99	0.39	0.03	0.89	0.65	0.03	0.38	0.69	0.99	0.47	0.11	0.93	0.49	0.46	-0.22	0.83	0.52	0.37		0.7
Property Plant Equipment	0.47	0.68	-0.02	0.28	-0.11	0.46	0.7	0.21	-0.44	0.49	0.57	-0.44	0.18	0.37	0.67	0.39	-0.04	0.6	0.25	0.25	-0.55	0.51	-0.03	0.3	0.7

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Plains All Account Relationship Matchups

Plains All fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.7B	24.5B	28.6B	27.9B	27.4B	15.6B
Short Long Term Debt Total	9.7B	10.3B	9.3B	8.4B	8.2B	6.0B
Other Current Liab	827M	546M	523M	688M	726M	762.3M
Total Current Liabilities	5.0B	4.3B	6.2B	5.9B	5.0B	3.5B
Total Stockholder Equity	13.2B	9.7B	12.8B	13.3B	10.4B	10.9B
Property Plant And Equipment Net	15.8B	15.0B	15.3B	15.6B	16.1B	8.5B
Net Debt	9.5B	9.7B	8.3B	7.2B	7.7B	5.5B
Accounts Payable	3.7B	2.4B	4.8B	4.0B	3.8B	2.4B
Cash	45M	22M	449M	401M	450M	472.5M
Non Current Assets Total	24.1B	20.8B	22.5B	22.5B	22.4B	12.2B
Non Currrent Assets Other	2.0B	2.1B	3.4B	1.7B	1.7B	1.2B
Cash And Short Term Investments	45M	22M	449M	401M	450M	472.5M
Net Receivables	3.6B	2.6B	4.7B	3.9B	3.8B	2.3B
Common Stock Shares Outstanding	800M	728M	716M	701M	699M	378.9M
Liabilities And Stockholders Equity	28.7B	24.5B	28.6B	27.9B	27.4B	14.6B
Non Current Liabilities Total	10.5B	10.5B	9.6B	8.7B	8.6B	5.7B
Inventory	604M	647M	783M	729M	548M	763.4M
Other Current Assets	312M	405M	5.7B	5.0B	155M	147.3M
Total Liab	15.5B	14.8B	15.8B	14.6B	13.6B	9.2B
Total Current Assets	4.6B	3.7B	6.1B	5.4B	4.9B	3.3B
Short Term Debt	504M	909M	899M	1.2B	433M	761.0M
Other Stockholder Equity	133M	145M	2.8B	3.3B	10.4B	10.9B
Common Stock	10.8B	7.3B	7.7B	7.8B	8.1B	4.9B
Other Liab	857M	807M	830M	892M	1.0B	1.1B
Other Assets	1.3B	2.2B	3.5B	1.4B	1.6B	987.4M
Long Term Debt	9.2B	9.4B	8.4B	7.3B	7.3B	5.8B
Property Plant Equipment	15.5B	14.7B	15.3B	284M	326.6M	310.3M
Intangible Assets	707M	805M	2.0B	2.1B	1.9B	1.2B
Net Tangible Assets	10.7B	9.7B	10.0B	11.2B	12.9B	7.6B
Retained Earnings	(11.0B)	(15.1B)	593M	1.6B	1.5B	1.5B
Long Term Debt Total	9.2B	9.4B	8.4B	7.3B	8.4B	8.5B
Long Term Investments	3.7B	3.8B	3.8B	3.1B	2.8B	2.2B
Property Plant And Equipment Gross	18.9B	15.0B	15.3B	15.6B	21.5B	15.6B
Non Current Liabilities Other	1.3B	1.1B	830M	1.1B	1.0B	785.8M
Accumulated Depreciation	(2.8B)	(3.1B)	(3.6B)	(4.0B)	(3.6B)	(3.4B)

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When determining whether Plains All American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Plains All's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Plains All American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Plains All American Stock:

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What is Plains All's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains All American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Is Oil & Gas Storage & Transportation space 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 All. 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 All 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

0.118

Dividend Share

1.27

Earnings Share

1.13

Revenue Per Share

71.827

Quarterly Revenue Growth

0.056

The market value of Plains All American 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 All's value that differs from its market value or its book value, called intrinsic value, which is Plains All'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 All's market value can be influenced by many factors that don't directly affect Plains All'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 All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains All'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.

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Plains Net Debt vs Net Working Capital Analysis

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Debt

Net Working Capital

Plains All fundamental ratios Correlations

Plains All Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Plains All fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Long Term Debt	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.99	Total Current Liabilities

Property Plant Equipment	- 0.55	Other Stockholder Equity
Property Plant Equipment	- 0.44	Cash And Short Term Investments
Property Plant Equipment	- 0.44	Cash
Common Stock	- 0.26	Other Stockholder Equity
Long Term Debt	- 0.22	Other Stockholder Equity
Other Stockholder Equity	- 0.21	Non Current Liabilities Total