PBA (Pembina Pipeline) Debt-to-Asset : 0.38 (As of Jun. 2026)

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PBA Pembina Pipeline Corp PBA
70 GF Score
Price $47.50
GF Value $41.29
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Pembina Pipeline Debt-to-Asset?

Pembina Pipeline PBA +0.73% 70 Debt-to-Asset is 0.38 as of Jun. 2026. GuruFocus rates PBA with a GF Score™ of 70/100 and a GF Value™ of $41.29 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Pembina Pipeline's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $913 Mil. Pembina Pipeline's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $8,925 Mil. Pembina Pipeline's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $25,823 Mil. Pembina Pipeline's debt to asset for the quarter that ended in Jun. 2026 was 0.38.

Pembina Pipeline  (NYSE:PBA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Pembina Pipeline Debt-to-Asset Related Terms

Pembina Pipeline Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Pembina Pipeline's Debt-to-Asset can be seen below:

* 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.

Pembina Pipeline Debt-to-Asset Chart

Pembina Pipeline Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.36 0.34 0.37 0.37

Pembina Pipeline Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.38 0.37 0.39 0.38

PBA vs WMB, EPD, KMI: Debt-to-Asset Comparison

For the Oil & Gas Midstream subindustry, Pembina Pipeline's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Pembina Pipeline Debt-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pembina Pipeline's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Pembina Pipeline's Debt-to-Asset falls into.


PBA
70GF Score
Pembina Pipeline Corp PBA
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Pembina Pipeline Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Pembina Pipeline's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(495.107 + 9153.316) / 25773.831
=0.37

Pembina Pipeline's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(913.496 + 8924.754) / 25823.001
=0.38

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.38 mean?
Pembina Pipeline (PBA) has a Debt-to-Asset of 0.38 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Pembina Pipeline and its competitors.
Is Pembina Pipeline's Debt-to-Asset too high?
Pembina Pipeline's current Debt-to-Asset is 0.38. Overall, Pembina Pipeline has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pembina Pipeline's Debt-to-Asset compare to WMB and EPD?
Pembina Pipeline's Debt-to-Asset of 0.38 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Pembina Pipeline and its competitors. Pembina Pipeline's current Debt-to-Asset is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pembina Pipeline stock overvalued right now?
Based on GuruFocus' analysis, Pembina Pipeline (PBA) is currently considered Modestly Overvalued. The stock's GF Value™ is $41.29, compared to a current price of $47.50 — trading 15% above its estimated fair value. The current Debt-to-Asset is 0.38. Pembina Pipeline's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Pembina Pipeline (PBA), the current Debt-to-Asset is 0.38 as of Jun. 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 Pembina Pipeline (PBA) Overvalued in 2026?

Based on GuruFocus' analysis, Pembina Pipeline stock appears to be overvalued. The current stock price of $47.50 is trading 15% above its estimated GF Value™ of $41.29. GuruFocus considers Pembina Pipeline to be Modestly Overvalued.

Key valuation signals for PBA:

  • Debt-to-Asset: 0.38
  • GF Value™: $41.29 vs. price of $47.50 (15% above fair value)
  • GF Score™: 70/100 with 9 warning signs

No single metric tells the full story. See the PBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pembina Pipeline Business Description

Industry EnergyOil & Gas
Address 585 - 8th Avenue SW, Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its operations include transmission pipelines, oil and gas gathering, fractionation, storage, and natural gas liquid exports. It also has a joint venture through the Cedar LNG export terminal.
70GF Score

Get the complete analysis for PBA

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.50
Price
$41.29
GF Value