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 PAA free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
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. Also explore PAA shareholders equity momentum to track the company's year-over-year net asset growth rate.
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. For market capitalisation and broader financial context, see how much is Plains All American Pipeline LP worth.
| 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 | — |