South Bow (SOBO) Interest Coverage Ratio (2023 - 2026)
South Bow's (SOBO) quarterly Interest Coverage Ratio came in at 2.67 in Q1 2026, down 8.92% year-on-year from 2.93 in Q1 2025, and up 162.49% quarter-over-quarter from 4.27 in Q4 2025.
South Bow (SOBO) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
South Bow's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 2.67 for Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 8.92% year-over-year to 2.67 in Q1 2026; TTM through Mar 2026 was 1.08, a 27.24% increase from a year earlier, with the FY2025 full-year figure at 1.21, down 95.72% from the prior year.
- Interest Coverage Ratio improved to 2.67 in Q1 2026 per SOBO's latest filing, from 4.27 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.0 in Q1 2024 and bottomed at 31.0 in Q4 2024.
- The 4-year median for Interest Coverage Ratio is 2.57 (2024), against an average of 1.43.
- Across the five-year window, Interest Coverage Ratio tumbled 1156.82% in 2024 and jumped 86.23% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio stood at 2.93 in 2023, then tumbled by 1156.82% to 31.0 in 2024, then soared by 86.23% to 4.27 in 2025, then jumped by 162.49% to 2.67 in 2026.
- Per Business Quant, the three latest SOBO Interest Coverage Ratio figures stand at 2.67 (Q1 2026), 4.27 (Q4 2025), and 2.54 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 29.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -4.16 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 5.26 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.88 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.70 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 3.15 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 2.21 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 3.25 |
| 10 | South Bow | 8.06 Bn | 7.46 Bn | 417.00 Mn | 2.67 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.67 |
| Dec 31, 2025 | -4.27 |
| Sep 30, 2025 | 2.54 |
| Jun 30, 2025 | 2.18 |
| Mar 31, 2025 | 2.93 |
| Dec 31, 2024 | -31.00 |
| Sep 30, 2024 | 2.10 |
| Jun 30, 2024 | 2.61 |
| Mar 31, 2024 | 3.00 |
| Dec 31, 2023 | 2.93 |