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Plains GP Holdings LPPAGP -0.23%73 Cash Ratio is 0.03 as of Mar. 2026, which is 25% below its 10-year median of 0.04. GuruFocus rates PAGP with a GF Score™ of 73/100 and a GF Value™ of $19.78 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 962 Oil & Gas companies, Plains GP Holdings LP ranks worse than 91.79% on this metric.
Plains GP Holdings LP has a Cash Ratio of 0.03. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Plains GP Holdings LP's Cash Ratio or its related term are showing as below:
PAGP'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.22
Current: 0.03
During the past 13 years, Plains GP Holdings LP's highest Cash Ratio was 0.22. The lowest was 0.01. And the median was 0.04.
PAGP's Cash Ratio is ranked worse than 91.79% of 962
companies
in the Oil & Gas industry
Industry Median: 0.44
vs PAGP: 0.03
Plains GP Holdings LP (NAS:PAGP) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Plains GP Holdings LP's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Plains GP Holdings LP Cash Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Plains GP Holdings LP's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Plains GP Holdings LP's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Plains GP Holdings LP (PAGP) has a Cash Ratio of 0.03 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Plains GP Holdings LP and its competitors. This is 25% below median its historical median of 0.04. Over the past decade, Plains GP Holdings LP's Cash Ratio has ranged from 0.01 to 0.22. According to the industry distribution chart, Plains GP Holdings LP ranks #883 out of 962 companies in the Oil & Gas industry, placing it in the top 91.8%.
Is Plains GP Holdings LP's Cash Ratio too high?
Plains GP Holdings LP's current Cash Ratio of 0.03 is 25% below median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.22. The Oil & Gas industry median Cash Ratio is 0.44. Plains GP Holdings LP's value of 0.03 is 93.2% below this industry median. Based on the distribution chart, Plains GP Holdings LP ranks #883 out of 962 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Plains GP Holdings LP has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains GP Holdings LP's Cash Ratio compare to HESM and GLNG?
According to the Oil & Gas industry distribution chart, Plains GP Holdings LP ranks #883 out of 962 companies for Cash Ratio. This places Plains GP Holdings LP in the lower half of its industry. The industry median Cash Ratio is 0.44. Plains GP Holdings LP's value of 0.03 is 93.2% below this benchmark. Historically, Plains GP Holdings LP's own Cash Ratio has ranged from 0.01 to 0.22 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.44, Plains GP Holdings LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.44, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Plains GP Holdings LP's current Cash Ratio of 0.03 is 93.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Plains GP Holdings LP and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plains GP Holdings LP's current Cash Ratio is 0.03, which is 25% below median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains GP Holdings LP stock overvalued right now?
Based on GuruFocus' analysis, Plains GP Holdings LP (PAGP) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.78, compared to a current price of $26.45 — trading 33.7% above its estimated fair value. The current Cash Ratio is 0.03, which is 25% below median its 10-year median of 0.04 and 93.2% below the Oil & Gas industry median of 0.44. Plains GP Holdings LP's overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Plains GP Holdings LP (PAGP), the current Cash Ratio is 0.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Plains GP Holdings LP (PAGP) Overvalued in 2026?
Based on GuruFocus' analysis, Plains GP Holdings LP stock appears to be overvalued.
The current stock price of $26.45 is trading 33.7% above its estimated GF Value™ of $19.78.
GuruFocus considers Plains GP Holdings LP to be Significantly Overvalued.
Key valuation signals for PAGP:
Cash Ratio: 0.03 (25% below median its 10-year median of 0.04)
GF Value™: $19.78 vs. price of $26.45 (33.7% above fair value)
Industry Position: 93.2% below the Oil & Gas median (#883 of 962)
No single metric tells the full story. See the PAGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), and natural gas. The group manages its operations through two operating segments: Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines (including gathering systems), trucks, and, at times, on barges or railcars; and NGL segment operations involve NGL storage and terminalling from NGL assets located in the Southwestern United States. It generates the majority of its revenue from the Crude Oil segment. Its geographic markets are the United States and Canada. It generates the majority of its revenue from the United States.
73GF Score
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