Plains Net Debt vs Cash Analysis

PAGP Stock

USD 21.10 0.19 0.91%

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 Net Debt and its Cash 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 closely tied with the direction of predictive economic indicators such as signals in price.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

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

The correlation between Plains GP's Net Debt and Cash is 0.08. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash 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 Net Debt and Cash 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 GP Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Plains GP's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

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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.

Cash

Cash refers to the most liquid asset of Plains GP Holdings, which is listed under current asset account on Plains GP Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Plains GP customers. The amounts must be unrestricted with restricted cash listed in a different Plains GP account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 closely tied 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 02/18/2025, Sales General And Administrative To Revenue is likely to grow to 0.01, while Selling General Administrative is likely to drop slightly above 344.2 M.

	2022	2023	2024	2025 (projected)
Interest Expense	405M	386M	430M	428.3M
Depreciation And Amortization	968M	1.1B	1.0B	642.2M

Interest Expense Depreciation And Amortization

Plains GP fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		0.48	-0.13	-0.07	0.42	-0.43	0.51	0.48	-0.14	0.42	0.78	0.42	0.3	-0.3	-0.15	0.78	0.46	-0.01	-0.57	-0.19	-0.47	0.16	0.47	0.45	-0.32	0.84
Total Assets	0.48		0.6	-0.7	0.37	0.11	0.84	0.98	0.55	0.22	0.62	0.99	0.22	0.45	0.62	0.62	0.32	0.75	-0.62	0.15	0.27	0.88	0.92	0.32	-0.16	0.68
Short Long Term Debt Total	-0.13	0.6		-0.76	-0.18	0.28	0.32	0.6	0.97	-0.5	0.12	0.68	0.07	0.73	0.98	0.12	-0.42	0.95	-0.06	0.56	0.53	0.86	0.55	-0.3	0.34	0.01
Other Current Liab	-0.07	-0.7	-0.76		-0.17	-0.18	-0.37	-0.66	-0.76	0.07	-0.28	-0.71	-0.23	-0.55	-0.74	-0.28	-0.02	-0.77	0.14	-0.39	-0.39	-0.83	-0.62	-0.1	-0.21	-0.24
Total Current Liabilities	0.42	0.37	-0.18	-0.17		0.22	0.18	0.24	-0.26	0.88	0.62	0.22	0.1	-0.02	-0.27	0.62	0.9	-0.16	-0.09	-0.2	0.07	0.25	0.14	0.96	0.16	0.64
Total Stockholder Equity	-0.43	0.11	0.28	-0.18	0.22		0.02	0.05	0.24	-0.01	-0.24	0.1	-0.1	0.4	0.22	-0.24	0.02	0.21	0.19	0.22	0.92	0.3	-0.16	0.05	0.51	-0.18
Other Liab	0.51	0.84	0.32	-0.37	0.18	0.02		0.9	0.28	0.19	0.43	0.85	-0.02	0.29	0.4	0.43	0.3	0.56	-0.77	0.08	0.12	0.62	0.79	0.2	-0.48	0.68
Property Plant And Equipment Net	0.48	0.98	0.6	-0.66	0.24	0.05	0.9		0.56	0.12	0.55	0.98	0.11	0.47	0.65	0.55	0.24	0.78	-0.69	0.17	0.22	0.86	0.94	0.21	-0.26	0.65
Net Debt	-0.14	0.55	0.97	-0.76	-0.26	0.24	0.28	0.56		-0.54	0.08	0.64	0.04	0.67	0.97	0.08	-0.46	0.94	-0.12	0.48	0.48	0.81	0.53	-0.38	0.26	-0.04
Accounts Payable	0.42	0.22	-0.5	0.07	0.88	-0.01	0.19	0.12	-0.54		0.54	0.07	0.08	-0.26	-0.51	0.54	0.98	-0.39	-0.25	-0.52	-0.18	-0.03	0.09	0.93	-0.24	0.64
Cash	0.78	0.62	0.12	-0.28	0.62	-0.24	0.43	0.55	0.08	0.54		0.54	0.17	0.09	0.09	1.0	0.57	0.21	-0.49	-0.25	-0.21	0.45	0.54	0.62	-0.12	0.85
Non Current Assets Total	0.42	0.99	0.68	-0.71	0.22	0.1	0.85	0.98	0.64	0.07	0.54		0.22	0.49	0.71	0.54	0.17	0.82	-0.63	0.2	0.3	0.89	0.94	0.16	-0.17	0.59
Non Currrent Assets Other	0.3	0.22	0.07	-0.23	0.1	-0.1	-0.02	0.11	0.04	0.08	0.17	0.22		-0.44	-0.01	0.17	0.01	-0.01	0.05	-0.11	-0.01	0.04	0.29	0.06	0.19	0.09
Other Assets	-0.3	0.45	0.73	-0.55	-0.02	0.4	0.29	0.47	0.67	-0.26	0.09	0.49	-0.44		0.75	0.09	-0.18	0.74	-0.14	0.48	0.59	0.72	0.34	-0.13	0.19	0.02
Long Term Debt	-0.15	0.62	0.98	-0.74	-0.27	0.22	0.4	0.65	0.97	-0.51	0.09	0.71	-0.01	0.75		0.09	-0.43	0.98	-0.19	0.51	0.49	0.85	0.61	-0.37	0.16	0.01
Cash And Short Term Investments	0.78	0.62	0.12	-0.28	0.62	-0.24	0.43	0.55	0.08	0.54	1.0	0.54	0.17	0.09	0.09		0.57	0.21	-0.49	-0.25	-0.21	0.45	0.54	0.62	-0.12	0.85
Net Receivables	0.46	0.32	-0.42	-0.02	0.9	0.02	0.3	0.24	-0.46	0.98	0.57	0.17	0.01	-0.18	-0.43	0.57		-0.29	-0.33	-0.46	-0.14	0.08	0.17	0.95	-0.25	0.69
Non Current Liabilities Total	-0.01	0.75	0.95	-0.77	-0.16	0.21	0.56	0.78	0.94	-0.39	0.21	0.82	-0.01	0.74	0.98	0.21	-0.29		-0.33	0.47	0.46	0.92	0.72	-0.25	0.07	0.17
Inventory	-0.57	-0.62	-0.06	0.14	-0.09	0.19	-0.77	-0.69	-0.12	-0.25	-0.49	-0.63	0.05	-0.14	-0.19	-0.49	-0.33	-0.33		0.37	0.11	-0.36	-0.68	-0.1	0.75	-0.65
Other Current Assets	-0.19	0.15	0.56	-0.39	-0.2	0.22	0.08	0.17	0.48	-0.52	-0.25	0.2	-0.11	0.48	0.51	-0.25	-0.46	0.47	0.37		0.31	0.38	0.06	-0.26	0.48	-0.24
Other Stockholder Equity	-0.47	0.27	0.53	-0.39	0.07	0.92	0.12	0.22	0.48	-0.18	-0.21	0.3	-0.01	0.59	0.49	-0.21	-0.14	0.46	0.11	0.31		0.48	0.05	-0.11	0.48	-0.19
Total Liab	0.16	0.88	0.86	-0.83	0.25	0.3	0.62	0.86	0.81	-0.03	0.45	0.89	0.04	0.72	0.85	0.45	0.08	0.92	-0.36	0.38	0.48		0.76	0.15	0.13	0.42
Property Plant And Equipment Gross	0.47	0.92	0.55	-0.62	0.14	-0.16	0.79	0.94	0.53	0.09	0.54	0.94	0.29	0.34	0.61	0.54	0.17	0.72	-0.68	0.06	0.05	0.76		0.14	-0.33	0.55
Total Current Assets	0.45	0.32	-0.3	-0.1	0.96	0.05	0.2	0.21	-0.38	0.93	0.62	0.16	0.06	-0.13	-0.37	0.62	0.95	-0.25	-0.1	-0.26	-0.11	0.15	0.14		0.01	0.66
Short Term Debt	-0.32	-0.16	0.34	-0.21	0.16	0.51	-0.48	-0.26	0.26	-0.24	-0.12	-0.17	0.19	0.19	0.16	-0.12	-0.25	0.07	0.75	0.48	0.48	0.13	-0.33	0.01		-0.34
Intangible Assets	0.84	0.68	0.01	-0.24	0.64	-0.18	0.68	0.65	-0.04	0.64	0.85	0.59	0.09	0.02	0.01	0.85	0.69	0.17	-0.65	-0.24	-0.19	0.42	0.55	0.66	-0.34

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Plains GP Account Relationship Matchups

Plains GP fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	246M	194M	776M	780M	702M	737.1M
Total Assets	24.5B	28.6B	29.2B	28.6B	32.9B	27.3B
Short Long Term Debt Total	10.2B	9.2B	8.8B	8.0B	9.2B	10.2B
Other Current Liab	999M	601M	689M	714M	642.6M	678.7M
Total Current Liabilities	4.3B	6.2B	5.9B	5.0B	5.8B	5.3B
Total Stockholder Equity	11.2B	14.2B	14.6B	1.5B	1.8B	1.7B
Other Liab	857M	807M	830M	892M	1.0B	626.3M
Property Plant And Equipment Net	15.0B	15.3B	15.6B	16.1B	18.5B	14.8B
Net Debt	9.7B	8.3B	8.4B	7.6B	8.7B	9.7B
Accounts Payable	2.4B	4.8B	4.0B	3.8B	4.4B	3.7B
Non Current Assets Total	20.8B	22.5B	23.8B	23.7B	27.2B	22.3B
Non Currrent Assets Other	(170M)	49M	1.7B	1.7B	1.5B	823.1M
Other Assets	2.6B	3.7B	3.5B	1.4B	1.6B	2.6B
Long Term Debt	9.4B	8.4B	7.3B	7.3B	8.4B	9.2B
Net Receivables	2.6B	4.7B	3.9B	3.8B	4.3B	3.5B
Liabilities And Stockholders Equity	14.9B	18.6B	29.2B	28.6B	32.9B	24.5B
Non Current Liabilities Total	10.5B	9.6B	8.7B	8.6B	9.9B	10.1B
Inventory	647M	783M	729M	548M	493.2M	681.0M
Other Current Assets	405M	196M	318M	155M	178.3M	323.5M
Other Stockholder Equity	9.7B	12.6B	12.9B	(58M)	(66.7M)	(63.4M)
Total Liab	14.8B	15.8B	14.6B	13.6B	15.7B	15.4B
Property Plant And Equipment Gross	15.0B	15.3B	15.6B	21.5B	24.7B	16.8B
Total Current Assets	3.7B	6.1B	5.4B	4.9B	5.7B	4.9B
Short Term Debt	831M	822M	1.2B	446M	401.4M	704.7M
Intangible Assets	805M	2.0B	2.1B	1.9B	2.2B	2.3B
Property Plant Equipment	15.5B	14.6B	15.3B	15.6B	17.9B	14.6B
Net Tangible Assets	11.9B	11.2B	1.5B	12.5B	14.4B	8.5B
Long Term Debt Total	9.2B	9.4B	8.4B	7.3B	6.6B	7.2B
Long Term Investments	3.8B	3.8B	3.1B	2.8B	3.2B	2.9B
Non Current Liabilities Other	1.1B	830M	1.1B	1.0B	1.2B	951.2M
Common Stock	1.5B	1.5B	1.5B	1.5B	1.8B	1.8B
Short Long Term Debt	831M	822M	1.2B	446M	512.9M	697.5M

Additional 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.

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Plains Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

Plains GP fundamental ratios Correlations

Plains GP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Plains GP fundamental ratios Accounts

Additional Tools for Plains Stock Analysis

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Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Long Term Debt	+ 0.98	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Net Receivables	+ 0.98	Accounts Payable

Total Liab	- 0.83	Other Current Liab
Inventory	- 0.77	Other Liab
Non Current Liabilities Total	- 0.77	Other Current Liab
Net Debt	- 0.76	Other Current Liab
Other Current Liab	- 0.76	Short Long Term Debt Total
Long Term Debt	- 0.74	Other Current Liab