Plains Non Current Liabilities Total vs Accounts Payable Analysis

PAA Stock  USD 17.82  0.26  1.48%   
Plains All financial indicator trend analysis is much more than just breaking down Plains All American prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plains All American is a good investment. Please check the relationship between Plains All Non Current Liabilities Total and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains All American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plains All American Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Plains All's Non Current Liabilities Total and Accounts Payable is 0.46. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Plains All American, assuming nothing else is changed. The correlation between historical values of Plains All's Non Current Liabilities Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Plains All American are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Total i.e., Plains All's Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents Plains All obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Plains All American are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Plains All's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plains All American current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains All American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 94.1 M, whereas Selling General Administrative is forecasted to decline to about 235.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.7B1.9B1.7B1.2B
Total Revenue42.0B57.3B48.7B27.5B

Plains All fundamental ratios Correlations

0.860.840.810.430.990.870.730.280.990.820.280.740.880.910.350.40.960.780.35-0.080.860.720.620.860.47
0.860.590.610.30.870.980.430.050.870.640.050.410.630.980.560.140.950.550.57-0.210.80.480.380.990.68
0.840.590.540.410.850.650.50.340.860.630.340.560.870.71-0.040.330.720.53-0.020.090.790.760.50.630.24
0.810.610.540.610.720.570.950.360.720.760.360.940.540.610.60.50.810.990.570.070.540.550.660.550.28
0.430.30.410.610.40.260.480.520.370.370.520.540.220.290.270.460.440.570.520.390.230.480.470.25-0.11
0.990.870.850.720.40.90.630.261.00.780.260.650.890.930.290.350.950.690.31-0.070.870.720.580.880.46
0.870.980.650.570.260.90.420.00.90.660.00.410.710.990.470.090.940.520.44-0.20.810.520.380.990.7
0.730.430.50.950.480.630.420.360.630.750.360.990.530.460.470.50.680.970.340.10.460.530.640.390.21
0.280.050.340.360.520.260.00.360.250.311.00.390.210.07-0.090.510.180.380.140.550.150.590.460.03-0.44
0.990.870.860.720.371.00.90.630.250.790.250.650.90.940.280.350.950.690.29-0.120.880.710.570.890.49
0.820.640.630.760.370.780.660.750.310.790.310.780.760.70.250.590.790.760.2-0.130.650.60.880.650.57
0.280.050.340.360.520.260.00.361.00.250.310.390.210.07-0.090.510.180.380.140.550.150.590.460.03-0.44
0.740.410.560.940.540.650.410.990.390.650.780.390.580.450.390.550.680.970.30.120.470.580.710.380.18
0.880.630.870.540.220.890.710.530.210.90.760.210.580.76-0.050.360.750.53-0.06-0.160.780.760.620.690.37
0.910.980.710.610.290.930.990.460.070.940.70.070.450.760.430.180.960.550.43-0.210.860.560.440.990.67
0.350.56-0.040.60.270.290.470.47-0.090.280.25-0.090.39-0.050.430.010.540.590.810.090.190.080.090.470.39
0.40.140.330.50.460.350.090.50.510.350.590.510.550.360.180.010.320.520.220.010.170.290.660.11-0.04
0.960.950.720.810.440.950.940.680.180.950.790.180.680.750.960.540.320.770.53-0.130.830.610.560.930.6
0.780.550.530.990.570.690.520.970.380.690.760.380.970.530.550.590.520.770.50.140.50.560.680.490.25
0.350.57-0.020.570.520.310.440.340.140.290.20.140.3-0.060.430.810.220.530.5-0.020.210.050.180.460.23
-0.08-0.210.090.070.39-0.07-0.20.10.55-0.12-0.130.550.12-0.16-0.210.090.01-0.130.14-0.02-0.260.370.03-0.22-0.55
0.860.80.790.540.230.870.810.460.150.880.650.150.470.780.860.190.170.830.50.21-0.260.640.40.830.51
0.720.480.760.550.480.720.520.530.590.710.60.590.580.760.560.080.290.610.560.050.370.640.540.52-0.03
0.620.380.50.660.470.580.380.640.460.570.880.460.710.620.440.090.660.560.680.180.030.40.540.370.3
0.860.990.630.550.250.880.990.390.030.890.650.030.380.690.990.470.110.930.490.46-0.220.830.520.370.7
0.470.680.240.28-0.110.460.70.21-0.440.490.57-0.440.180.370.670.39-0.040.60.250.23-0.550.51-0.030.30.7
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Plains All Account Relationship Matchups

Plains All fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.7B24.5B28.6B27.9B27.4B15.6B
Short Long Term Debt Total9.7B10.3B9.3B8.4B8.2B6.0B
Other Current Liab827M546M523M688M644M329.3M
Total Current Liabilities5.0B4.3B6.2B5.9B5.0B3.5B
Total Stockholder Equity13.2B9.7B12.8B13.3B10.4B10.9B
Property Plant And Equipment Net15.8B15.0B15.3B15.6B16.1B8.5B
Net Debt9.5B9.7B8.3B7.2B7.7B5.5B
Accounts Payable3.7B2.4B4.8B4.0B3.8B2.4B
Cash45M22M449M401M450M472.5M
Non Current Assets Total24.1B20.8B22.5B22.5B22.4B12.2B
Non Currrent Assets Other2.0B2.1B3.4B1.7B1.6B1.2B
Cash And Short Term Investments45M22M449M401M450M472.5M
Net Receivables3.6B2.6B4.7B3.9B3.8B2.3B
Common Stock Shares Outstanding800M728M716M701M699M378.9M
Liabilities And Stockholders Equity28.7B24.5B28.6B27.9B27.4B14.6B
Non Current Liabilities Total10.5B10.5B9.6B8.7B8.6B5.7B
Inventory604M647M783M729M548M763.4M
Other Current Assets312M405M5.7B5.0B155M147.3M
Total Liab15.5B14.8B15.8B14.6B13.6B9.2B
Total Current Assets4.6B3.7B6.1B5.4B4.9B3.3B
Short Term Debt504M909M899M1.2B515M764.5M
Other Stockholder Equity133M145M2.8B3.3B10.4B10.9B
Common Stock10.8B7.3B7.7B7.8B8.1B4.9B
Other Liab857M807M830M892M1.0B1.1B
Other Assets1.3B2.2B3.5B1.4B1.6B987.4M
Long Term Debt9.2B9.4B8.4B7.3B7.3B5.8B
Property Plant Equipment15.5B14.7B15.3B284M326.6M310.3M
Intangible Assets707M805M2.0B2.1B1.9B1.2B
Net Tangible Assets10.7B9.7B10.0B11.2B12.9B7.6B
Retained Earnings(11.0B)(15.1B)593M1.6B1.5B1.5B
Long Term Debt Total9.2B9.4B8.4B7.3B8.4B8.5B
Long Term Investments3.7B3.8B3.8B3.1B2.8B2.2B
Property Plant And Equipment Gross18.9B15.0B15.3B15.6B21.5B15.6B
Non Current Liabilities Other1.3B1.1B830M1.1B1.0B785.8M
Accumulated Depreciation(2.8B)(3.1B)(3.6B)(4.0B)(3.6B)(3.4B)

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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains All American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.