South Bow (SOBO) Debt Ratio (2023 - 2026)

South Bow's (SOBO) quarterly Debt Ratio came in at 0.1 in Q1 2026, down 0.67% year-on-year from 0.1 in Q1 2025, and little changed quarter-over-quarter from 0.1 in Q4 2025.

South Bow (SOBO) Debt Ratio (2023 - 2026) Analysis & Trends

South Bow's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.1 for Q1 2026.

  • On a quarterly basis, Debt Ratio fell 0.67% year-over-year to 0.1 in Q1 2026; TTM through Mar 2026 was 0.1, a 0.67% decrease from a year earlier, with the FY2025 full-year figure at 0.1, down 76.25% from the prior year.
  • Debt Ratio held at 0.1 in Q1 2026 per SOBO's latest filing, from 0.1 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.5 in Q4 2023 and bottomed at 0.09 in Q2 2025.
  • The 4-year median for Debt Ratio is 0.1 (2025), against an average of 0.2.
  • Across the five-year window, Debt Ratio tumbled 76.25% in 2025 and decreased 0.67% in 2026, its largest moves.
  • Year by year, Debt Ratio stood at 0.5 in 2023, then slipped by 17.61% to 0.41 in 2024, then tumbled by 76.25% to 0.1 in 2025, then fell by 0.42% to 0.1 in 2026.
  • Per Business Quant, the three latest SOBO Debt Ratio figures stand at 0.1 (Q1 2026), 0.1 (Q4 2025), and 0.09 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.06
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.70
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.44
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.47
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.42
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.39
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.47
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.70
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.49
10 South Bow 8.06 Bn 7.46 Bn 417.00 Mn 0.10

Historic Data

Download Data
DateValue
Mar 31, 2026 0.10
Dec 31, 2025 0.10
Sep 30, 2025 0.09
Jun 30, 2025 0.09
Mar 31, 2025 0.10
Dec 31, 2024 0.41
Dec 31, 2023 0.50