Plains Total Assets vs Net Invested 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 Total Assets and its Net Invested 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.
Total Assets vs Net Invested Capital
Total Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plains All American Total Assets account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Plains All's Total Assets and Net Invested Capital is -0.06. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested 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 Total Assets and Net Invested 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 Total Assets of Plains All American are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., Plains All's Total Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Plains All assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Plains All American books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 |
Plains All fundamental ratios Correlations
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Plains All Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.