Can Plains GP Holdings, L.P. cover its short-term obligations?

Its current ratio is 0.94 — current liabilities exceed current assets.

Where does Plains GP Holdings, L.P.'s balance sheet data come from?

Every line is extracted from Plains GP Holdings, L.P.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Plains GP Holdings, L.P. PAGP Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$172M-59.9%	$329M-5.7%	$1.18B+84.2%	$460M-17.3%	$429M+28.4%
Accounts receivable, net	$4.82B-42.2%	$3.6B-51.0%	$7.84B+1.3%	$8.22B-2.7%	$8.34B+0.6%
Inventories	$315M+9.0%	$214M-11.6%	$227M-11.7%	$234M-19.3%	$289M-3.3%
Prepaid expenses and other current assets	$183M+26.2%	$87M+20.8%	$155M+18.3%	$100M-12.3%	$145M-18.1%
Assets held for sale	$602M—	——	——	——	——
Total current assets	$6.16B+30.2%	$4.7B-1.5%	$5.58B+8.1%	$4.66B-13.4%	$4.73B-5.5%
Property and equipment, net	$16.87B+5.0%	$16.86B+25.4%	$14.14B-9.6%	$14.18B-9.2%	$16.06B+2.5%
Accumulated depreciation	$5.81B-4.1%	$5.68B+11.7%	$5.54B-4.8%	$5.41B-4.0%	$6.06B+10.4%
Total property and equipment, gross	$22.69B+2.5%	$22.54B+21.6%	$19.68B-8.3%	$19.59B-7.8%	$22.13B+4.6%
Operating lease right-of-use assets	$197M-38.6%	$198M+4.8%	$184M-38.3%	$182M-41.7%	$321M+7.7%
Intangible assets, net	$1.69B+0.7%	$1.75B+4.6%	$1.57B-6.2%	$1.64B-6.0%	$1.68B-7.3%
Deferred tax assets	$1.18B-1.9%	$1.14B-6.9%	$1.16B-4.5%	$1.18B-3.8%	$1.2B-2.6%
Other non-current assets	$104M-57.4%	$107M-24.6%	$109M-59.5%	$107M-59.6%	$244M-42.0%
Equity method investments	$2.84B+3.4%	$2.85B+1.2%	$2.87B+0.9%	$2.71B-5.3%	$2.75B-4.6%
Total assets	$32.76B+16.0%	$31.28B+12.7%	$29.25B+3.2%	$28.3B-1.3%	$28.25B-1.2%
Accounts payable	$4.93B+32.3%	$3.46B-5.2%	$3.58B-2.5%	$3.36B-16.2%	$3.73B-6.7%
Accrued expenses	$627M+30.4%	$500M-3.8%	$482M-29.7%	$496M-19.6%	$481M-19.8%
Current portion of long-term debt	$420M-12.1%	$563M+38.3%	$1.01B+32.0%	$475M-37.9%	$478M-13.7%
Finance Lease Liability, Current	——	——	——	——	——
Liabilities held for sale	$561M—	——	——	——	——
Total current liabilities	$6.54B+39.5%	$4.9B-0.4%	$5.36B+4.5%	$4.65B-13.9%	$4.68B-9.0%
Long-term debt	$1.84B-78.9%	$1.58B-79.3%	$9.45B+18.5%	$8.68B+8.8%	$8.68B+10.4%
Operating lease liabilities, non-current	$202M-32.9%	$202M+5.2%	$188M-30.1%	$190M-31.9%	$301M+15.3%
Other non-current liabilities	$449M-55.2%	$654M+21.8%	$523M-48.0%	$535M-45.4%	$1B+0.6%
Total noncurrent liabilities	$12.27B+29.1%	$12.16B+42.8%	$9.75B+14.8%	$9.53B+12.5%	$9.51B+11.0%
Total liabilities and stockholders' equity	$32.76B+16.0%	$31.28B+12.7%	$29.25B+3.2%	$28.3B-1.3%	$28.25B-1.2%
Other current assets	$183M+26.2%	$87M+20.8%	$155M+18.3%	$100M-12.3%	$145M-18.1%
Deferred Tax Assets and Other Non-Current Assets	$104M-57.4%	$107M-24.6%	$109M-59.5%	$107M-59.6%	$244M-42.0%
Net Investment in Lease	$197M-38.6%	$198M+4.8%	$184M-38.3%	$182M-41.7%	$321M+7.7%
Deferred tax assets	$1.18B-1.9%	$1.14B-6.9%	$1.16B-4.5%	$1.18B-3.8%	$1.2B-2.6%
Intangible assets — net	$1.69B+0.7%	$1.75B+4.6%	$1.57B-6.2%	$1.64B-6.0%	$1.68B-7.3%
Linefill	$876M-11.3%	$900M-0.4%	$933M-5.9%	$940M-4.1%	$988M+0.7%
Operating lease right-of-use assets	$197M-38.6%	$198M+4.8%	$184M-38.3%	$182M-41.7%	$321M+7.7%
Other non-current assets	$104M-57.4%	$107M-24.6%	$109M-59.5%	$107M-59.6%	$244M-42.0%
Property, plant and equipment, net	$16.87B+5.0%	$16.86B+25.4%	$14.14B-9.6%	$14.18B-9.2%	$16.06B+2.5%
Operating Lease Right-of-Use Assets in Other Assets	$197M-38.6%	$198M+4.8%	$184M-38.3%	$182M-41.7%	$321M+7.7%
Software and Technology Licenses, Net	$104M-57.4%	$107M-24.6%	$109M-59.5%	$107M-59.6%	$244M-42.0%
Other accrued liabilities	$627M+30.4%	$500M-3.8%	$482M-29.7%	$496M-19.6%	$481M-19.8%
Total debt	$2.46B-74.0%	$2.44B-70.7%	$10.65B+18.2%	$9.34B+3.6%	$9.46B+9.0%
Short-term debt and current portion of long-term debt	$420M-12.1%	$563M+38.3%	$1.01B+32.0%	$475M-37.9%	$478M-13.7%
Equity method investments (Note 11)	$2.84B+3.4%	$2.85B+1.2%	$2.87B+0.9%	$2.71B-5.3%	$2.75B-4.6%
Current maturities of long-term debt	——	——	——	——	——
Liabilities of discontinued operations (Note 2)	$665M—	——	——	——	——
Senior Long Term Notes	$9.12B+12.2%	$9.12B+27.7%	$8.37B+17.2%	$8.13B+13.9%	$8.13B+12.2%

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Questions, answered.

Can Plains GP Holdings, L.P. cover its short-term obligations?: Its current ratio is 0.94 — current liabilities exceed current assets.
Where does Plains GP Holdings, L.P.'s balance sheet data come from?: Every line is extracted from Plains GP Holdings, L.P.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.