Plains Gp Holdings Stock Total Debt
| PAGP Stock | USD 19.16 0.10 0.52% |
Plains GP's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Plains Stock price.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Plains GP Holdings Company Total Debt Analysis
Plains GP's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Plains GP Total Debt | 7.93 B |
Most of Plains GP's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Plains GP Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Plains GP Holdings has a Total Debt of 7.93 B. This is 33.54% lower than that of the Oil, Gas & Consumable Fuels sector and 34.82% lower than that of the Energy industry. The total debt for all United States stocks is 49.21% lower than that of the firm.
Plains Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plains GP's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Plains GP could also be used in its relative valuation, which is a method of valuing Plains GP by comparing valuation metrics of similar companies.Plains GP is currently under evaluation in total debt category among its peers.
Plains Fundamentals
| Return On Equity | 0.0847 | ||||
| Return On Asset | 0.0326 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 12.36 B | ||||
| Shares Outstanding | 197.74 M | ||||
| Shares Owned By Insiders | 2.68 % | ||||
| Shares Owned By Institutions | 84.33 % | ||||
| Number Of Shares Shorted | 8.23 M | ||||
| Price To Earning | 12.36 X | ||||
| Price To Book | 2.81 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 50.07 B | ||||
| Gross Profit | 2.91 B | ||||
| EBITDA | 2.68 B | ||||
| Net Income | 1.07 B | ||||
| Cash And Equivalents | 695 M | ||||
| Cash Per Share | 3.58 X | ||||
| Total Debt | 7.93 B | ||||
| Debt To Equity | 0.61 % | ||||
| Current Ratio | 1.04 X | ||||
| Book Value Per Share | 6.86 X | ||||
| Cash Flow From Operations | 2.48 B | ||||
| Short Ratio | 5.26 X | ||||
| Earnings Per Share | 0.73 X | ||||
| Price To Earnings To Growth | 0.70 X | ||||
| Target Price | 21.54 | ||||
| Number Of Employees | 16 | ||||
| Beta | 0.69 | ||||
| Market Capitalization | 4.48 B | ||||
| Total Asset | 27.76 B | ||||
| Retained Earnings | 1.1 B | ||||
| Working Capital | (148 M) | ||||
| Current Asset | 2.97 B | ||||
| Current Liabilities | 3.41 B | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 8.08 % | ||||
| Net Asset | 27.76 B | ||||
| Last Dividend Paid | 1.4 |
About Plains GP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Plains GP Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plains GP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plains GP Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Plains GP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Plains GP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Plains GP will appreciate offsetting losses from the drop in the long position's value.Moving against Plains Stock
| 0.61 | AM | Antero Midstream Partners | PairCorr |
| 0.61 | VNOM | Viper Energy Ut | PairCorr |
| 0.61 | CQP | Cheniere Energy Partners Earnings Call Today | PairCorr |
| 0.58 | DLNG-PB | Dynagas LNG Partners | PairCorr |
| 0.51 | EE | Excelerate Energy Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Plains GP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plains GP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Plains GP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Plains GP Holdings to buy it.
The correlation of Plains GP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Plains GP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plains GP Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Plains GP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.