Plains Net Tangible Assets from 2010 to 2024

PAA Stock  USD 16.77  0.07  0.42%   
Plains All's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 7.6 B. Net Tangible Assets is the total assets of Plains All American minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2009-06-30
Previous Quarter
11.4 B
Current Value
11.6 B
Quarterly Volatility
B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Plains All financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plains All's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 366.7 M or Total Revenue of 27.5 B, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0652 or PTB Ratio of 1.07. Plains financial statements analysis is a perfect complement when working with Plains All Valuation or Volatility modules.
  
Check out the analysis of Plains All Correlation against competitors.

Latest Plains All's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Plains All American over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Plains All's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Plains All's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Plains Net Tangible Assets Regression Statistics

Arithmetic Mean7,623,807,619
Geometric Mean7,035,769,635
Coefficient Of Variation38.87
Mean Deviation2,521,112,889
Median7,610,114,285
Standard Deviation2,963,477,027
Sample Variance8782196.1T
Range10B
R-Value0.88
Mean Square Error2136184.5T
R-Squared0.77
Significance0.000015
Slope583,035,000
Total Sum of Squares122950745.3T

Plains Net Tangible Assets History

20247.6 B
202312.9 B
202211.2 B
202110 B
20209.7 B
201910.7 B
20189.5 B

About Plains All Financial Statements

Plains All stakeholders use historical fundamental indicators, such as Plains All's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Plains All investors may analyze each financial statement separately, they are all interrelated. For example, changes in Plains All's assets and liabilities are reflected in the revenues and expenses on Plains All's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Plains All American. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets12.9 B7.6 B

Also Currently Popular

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 the analysis of Plains All Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.