Plains All American Pipeline LP (PAA) — Cash Flow-to-Debt Ratio
Plains All American Pipeline LP (PAA) has a Cash Flow-to-Debt Ratio of 0.02x as of March 2026, meaning its operating cash flow of $418.00 Million could theoretically repay 0% of its total liabilities ($18.82 Billion) in one year. See Plains All American Pipeline LP financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Plains All American Pipeline LP Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for Plains All American Pipeline LP across 29 annual periods. For the full cash flow conversion analysis, see Plains All American Pipeline LP cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Plains All American Pipeline LP (1997–2025)
Year-by-year debt coverage analysis for Plains All American Pipeline LP. Check Plains All American Pipeline LP cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | $2.94 Billion | $17.09 Billion | ▼ -7.1% |
| 2024 | 0.18x | $2.49 Billion | $13.47 Billion | ▼ -7.6% |
| 2023 | 0.20x | $2.73 Billion | $13.62 Billion | ▲ +21.1% |
| 2022 | 0.17x | $2.41 Billion | $14.57 Billion | ▲ +30.8% |
| 2021 | 0.13x | $2.00 Billion | $15.80 Billion | ▲ +23.2% |
| 2020 | 0.10x | $1.51 Billion | $14.76 Billion | ▼ -36.6% |
| 2019 | 0.16x | $2.50 Billion | $15.48 Billion | ▼ -16.2% |
| 2018 | 0.19x | $2.61 Billion | $13.51 Billion | ▲ +11.2% |
| 2017 | 0.17x | $2.50 Billion | $14.39 Billion | ▲ +268.2% |
| 2016 | 0.05x | $726.00 Million | $15.39 Billion | ▼ -49.6% |
| 2015 | 0.09x | $1.34 Billion | $14.35 Billion | ▼ -34.3% |
| 2014 | 0.14x | $2.00 Billion | $14.06 Billion | ▼ -7.7% |
| 2013 | 0.15x | $1.95 Billion | $12.66 Billion | ▲ +50.5% |
| 2012 | 0.10x | $1.24 Billion | $12.09 Billion | ▼ -59.1% |
| 2011 | 0.25x | $2.37 Billion | $9.43 Billion | ▲ +813.6% |
| 2010 | 0.03x | $259.00 Million | $9.43 Billion | ▼ -38.2% |
| 2009 | 0.04x | $365.00 Million | $8.21 Billion | ▼ -66.4% |
| 2008 | 0.13x | $857.00 Million | $6.48 Billion | ▲ +7.7% |
| 2007 | 0.12x | $796.00 Million | $6.48 Billion | ▲ +356.0% |
| 2006 | -0.05x | $-275.30 Million | $5.74 Billion | ▼ -655.3% |
| 2005 | 0.01x | $24.10 Million | $2.79 Billion | ▼ -82.6% |
| 2004 | 0.05x | $103.97 Million | $2.09 Billion | ▼ -2.1% |
| 2003 | 0.05x | $68.52 Million | $1.35 Billion | ▼ -66.3% |
| 2002 | 0.15x | $173.89 Million | $1.15 Billion | ▲ +531.5% |
| 2001 | -0.03x | $-29.95 Million | $858.45 Million | ▲ +30.1% |
| 2000 | -0.05x | $-33.51 Million | $671.80 Million | ▲ +51.6% |
| 1999 | -0.10x | $-106.20 Million | $1.03 Billion | ▼ -508.3% |
| 1998 | 0.03x | $8.40 Million | $332.60 Million | ▲ +128.2% |
| 1997 | -0.09x | $-12.87 Million | $143.64 Million | — |