South Bow (SOBO) Debt Ratio (2023 - 2026)
South Bow's Debt Ratio came in at 0.44 for Q3 2026, up 7.4% from 0.41 a year earlier but down 13.2% from the prior quarter.
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Analysis
South Bow (SOBO) Debt Ratio (2023 - 2026) Analysis & Trends
For FY2025, South Bow's Debt Ratio was 0.42, up 2.4% from FY2024.
- Going back by year, Debt Ratio was 0.41 in FY2024 (-17.6%) and 0.50 in FY2023.
- The five-year range for quarterly Debt Ratio is 0.41 (Q3 2025) to 0.51 (Q1 2025).
- Year-over-year, Debt Ratio increased in three of the last five quarters, with an average decline of 1.5%.
- Business Quant data shows SOBO's Debt Ratio at 0.50 (Q2 2026), 0.51 (Q1 2026) and 0.42 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 0.48 |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 0.40 |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | 0.09 |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 0.44 |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 0.46 |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | - |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 0.49 |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 0.67 |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 0.61 |
| 10 | South Bow | 6.47 Bn | 4.03 Bn | 407.00 Mn | 0.44 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.44 |
| Jun 30, 2026 | 0.50 |
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.50 |
| Mar 31, 2025 | 0.51 |
| Dec 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.50 |
API Access
South Bow Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=SOBO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "SOBO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();