South Bow (SOBO) Interest Coverage Ratio (2023 - 2026)
South Bow (SOBO) recorded quarterly Interest Coverage Ratio of 2.67 in Q1 2026, down 17.37% quarter-over-quarter from 3.23 in Q3 2025, and down 8.92% on a YoY basis from 2.93 in Q1 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.
- In Q1 2026, Interest Coverage Ratio fell 8.92% year-over-year to 2.67; the TTM figure through Mar 2026 stood at 1.66 (up 47.21% YoY), while the FY2023 annual figure was 3.18, changed N/A from the prior year.
- Interest Coverage Ratio was 2.67 for Q1 2026 at South Bow, down from 3.23 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 3.23 in Q3 2025 to a low of 2.1 in Q3 2024.
- Historically, Interest Coverage Ratio has averaged 2.82 across 4 years, with a median of 2.93 in 2025.
- The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio jumped 53.36% in 2025, then dropped 8.92% in 2026.
- A 4-year view of Interest Coverage Ratio shows it stood at 2.93 in 2023, then slipped by 28.26% to 2.1 in 2024, then surged by 53.36% to 3.23 in 2025, then retreated by 17.37% to 2.67 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.67 (Q1 2026), 3.23 (Q3 2025), and 3.07 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | South Bow | - | - | 417.00 Mn | 2.67 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.67 |
| Sep 30, 2025 | 3.23 |
| Jun 30, 2025 | 3.07 |
| Mar 31, 2025 | 2.93 |
| Sep 30, 2024 | 2.10 |
| Jun 30, 2024 | 2.61 |
| Mar 31, 2024 | 3.00 |
| Dec 31, 2023 | 2.93 |