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Plains All American Pipeline LP (Plains All American Pipeline LP) Equity-to-Asset : 0.38 (As of Dec. 2023)


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What is Plains All American Pipeline LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Plains All American Pipeline LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $10,422 Mil. Plains All American Pipeline LP's Total Assets for the quarter that ended in Dec. 2023 was $27,355 Mil. Therefore, Plains All American Pipeline LP's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

The historical rank and industry rank for Plains All American Pipeline LP's Equity-to-Asset or its related term are showing as below:

PAA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0   Med: 0.36   Max: 0.47
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Plains All American Pipeline LP was 0.47. The lowest was 0.00. And the median was 0.36.

PAA's Equity-to-Asset is ranked worse than
65.72% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.51 vs PAA: 0.38

Plains All American Pipeline LP Equity-to-Asset Historical Data

The historical data trend for Plains All American Pipeline LP's Equity-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.

* Premium members only.

Plains All American Pipeline LP Equity-to-Asset Chart

Plains All American Pipeline LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.39 0.35 0.36 0.38

Plains All American Pipeline LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-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 0.36 0.37 0.39 0.37 0.38

Competitive Comparison of Plains All American Pipeline LP's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Plains All American Pipeline LP's Equity-to-Asset, along with its competitors' market caps and Equity-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.


Plains All American Pipeline LP's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Plains All American Pipeline LP's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Plains All American Pipeline LP's Equity-to-Asset falls into.



Plains All American Pipeline LP Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Plains All American Pipeline LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=10422/27355
=0.38

Plains All American Pipeline LP's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=10422/27355
=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.


Plains All American Pipeline LP  (NAS:PAA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Plains All American Pipeline LP Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Plains All American Pipeline LP's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Plains All American Pipeline LP (Plains All American Pipeline LP) Business Description

Traded in Other Exchanges
N/A
Address
333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.
Executives
Jeremy L. Goebel officer: EVP & CCO 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Ellen Desanctis director 12326 OLD OAKS, HOUSTON TX 77024
Willie Cw Chiang director, officer: Chairman & CEO 370 17TH STREET, SUITE 2775, DENVER CO 80202
Chris Herbold officer: Sr. VP Finance and CAO 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Richard K. Mcgee officer: EVP, General Counsel & Sec. 333 CLAY STREET, SUITE 1500, HOUSTON TX 77002
Al Swanson officer: EVP & CFO 333 CLAY STREET, # 1600, HOUSTON TX 77002
Kevin S Mccarthy director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Chris R. Chandler officer: EVP & COO 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Harry N Pefanis director, officer: President 333 CLAY STREET, STE 1600, HOUSTON TX 77002
Plains Gp Holdings Lp director, 10 percent owner 333 CLAY ST, SUITE 1600, HOUSTON TX 77002
Paa Gp Holdings Llc director, 10 percent owner 333 CLAY ST, SUITE 1600, HOUSTON TX 77002
Plains All American Gp Llc director, 10 percent owner 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Plains Aap, L.p. director, 10 percent owner 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Chris Temple director 3953 MAPLE AVENUE, SUITE 180, DALLAS TX 75219
Kayne Anderson Capital Advisors Lp director, other: See remarks 2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES CA 90067

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