Plains All American Pipeline LP (PAA) — Defensive Interval Ratio
Plains All American Pipeline LP (PAA) has a Defensive Interval Ratio of 269 days as of March 2026. Defensive assets of $4.82 Billion (cash $-, short-term investments $-, receivables $4.82 Billion) cover 269 days of daily cash needs of $17.93 Million/day. See working capital position of Plains All American Pipeline LP to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Plains All American Pipeline LP Defensive Interval Ratio (1997–2025)
This chart shows how Plains All American Pipeline LP's Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 269 days, meaning defensive assets of $4.82 Billion can fund 269 days of operations without new revenue. See how leveraged is Plains All American Pipeline LP's balance sheet to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Plains All American Pipeline LP (1997–2025)
The table below presents the year-by-year Defensive Interval Ratio for Plains All American Pipeline LP from 1997 to 2025, covering 29 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market value of Plains All American Pipeline LP.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 291 days | $3.93 Billion | $13.51 Million/day | $- | $- | ▲ +3 days |
| 2024 | 288 days | $3.90 Billion | $13.56 Million/day | $- | $- | ▲ +10 days |
| 2023 | 278 days | $3.81 Billion | $13.71 Million/day | $- | $51.00 Million | ▲ +31 days |
| 2022 | 247 days | $3.98 Billion | $16.14 Million/day | $- | $75.00 Million | ▼ -252 days |
| 2021 | 498 days | $8.51 Billion | $17.07 Million/day | $- | $3.81 Billion | ▼ -44 days |
| 2020 | 542 days | $6.32 Billion | $11.65 Million/day | $- | $3.76 Billion | ▲ +279 days |
| 2019 | 263 days | $3.61 Billion | $13.75 Million/day | $- | $- | ▲ +4 days |
| 2018 | 259 days | $2.45 Billion | $9.47 Million/day | $- | $- | ▲ +15 days |
| 2017 | 244 days | $3.03 Billion | $12.41 Million/day | $- | $0.00 | ▲ +66 days |
| 2016 | 178 days | $2.28 Billion | $12.78 Million/day | $- | $0.00 | ▼ -13 days |
| 2015 | 191 days | $1.78 Billion | $9.33 Million/day | $- | $0.00 | ▼ -9 days |
| 2014 | 201 days | $2.62 Billion | $13.03 Million/day | $- | $0.00 | ▼ -45 days |
| 2013 | 245 days | $3.64 Billion | $14.82 Million/day | $- | $0.00 | ▼ -6 days |
| 2012 | 251 days | $3.56 Billion | $14.20 Million/day | $- | $0.00 | ▼ -7 days |
| 2011 | 258 days | $3.19 Billion | $12.36 Million/day | $- | $0.00 | ▲ +35 days |
| 2010 | 224 days | $2.77 Billion | $12.37 Million/day | $- | $20.00 Million | ▲ +6 days |
| 2009 | 217 days | $2.25 Billion | $10.36 Million/day | $- | $0.00 | ▲ +29 days |
| 2008 | 188 days | $1.52 Billion | $8.11 Million/day | $- | $- | ▼ -63 days |
| 2007 | 251 days | $2.56 Billion | $10.22 Million/day | $- | $- | ▲ +42 days |
| 2006 | 208 days | $1.73 Billion | $8.29 Million/day | $- | $- | ▲ +49 days |
| 2005 | 159 days | $781.00 Million | $4.91 Million/day | $- | $- | ▼ -12 days |
| 2004 | 171 days | $521.78 Million | $3.05 Million/day | $- | $- | ▼ -98 days |
| 2003 | 269 days | $590.64 Million | $2.20 Million/day | $- | $- | ▼ -17 days |
| 2002 | 286 days | $499.91 Million | $1.75 Million/day | $- | $- | ▲ +22 days |
| 2001 | 264 days | $365.70 Million | $1.38 Million/day | $- | $- | ▼ -98 days |
| 2000 | 362 days | $347.70 Million | $961.08K/day | $- | $- | ▲ +70 days |
| 1999 | 291 days | $508.90 Million | $1.75 Million/day | $- | $- | ▲ +14 days |
| 1998 | 277 days | $119.50 Million | $431.51K/day | $- | $- | ▼ -33 days |
| 1997 | 310 days | $96.32 Million | $310.71K/day | $- | $- | — |