Plains All American Pipeline LP (PAA) — Defensive Interval Ratio

Latest as of March 2026: 269 days

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. Check PAA tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

269 days
Days of operational coverage

Defensive Assets

$4.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$17.93 Million
Current Liabilities ÷ 365

Current Liabilities

$6.54 Billion
USD

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. Also explore PAA shareholders equity momentum to track the company's year-over-year net asset growth rate.

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 PAA stock market capitalisation.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)