South Bow Corporation (SOBO)
NYSE: SOBO · Real-Time Price · USD
33.09
+0.31 (0.95%)
Nov 11, 2026, 4:00 PM EST - Market closed
South Bow Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Cash & Equivalents | 564 | 549 | 397 | 262 |
Cash & Short-Term Investments | 564 | 549 | 397 | 262 |
Cash Growth | 12.57% | 38.29% | 51.53% | - |
Accounts Receivable | 1,065 | 1,118 | 1,253 | 1,404 |
Other Receivables | 3 | 66 | - | 144 |
Receivables | 1,068 | 1,184 | 1,253 | 1,548 |
Inventory | 127 | 100 | 207 | 160 |
Restricted Cash | - | 26 | 66 | 70 |
Other Current Assets | 147 | 122 | 87 | 47 |
Total Current Assets | 2,115 | 2,015 | 2,198 | 2,614 |
Property, Plant & Equipment | 7,989 | 8,210 | 8,206 | 8,428 |
Long-Term Investments | 718 | 743 | 732 | 813 |
Long-Term Accounts Receivable | - | 39 | - | - |
Long-Term Deferred Tax Assets | 27 | 23 | 16 | 6 |
Other Long-Term Assets | 188 | 163 | 177 | 171 |
Total Assets | 11,037 | 11,193 | 11,329 | 12,032 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Accounts Payable | 1,116 | 754 | 1,062 | 1,229 |
Accrued Expenses | 94 | 154 | 153 | 93 |
Current Portion of Leases | - | 3 | - | - |
Current Income Taxes Payable | - | 8 | - | 22 |
Current Unearned Revenue | 17 | 16 | 15 | 17 |
Other Current Liabilities | 310 | 406 | 531 | 714 |
Total Current Liabilities | 2,127 | 1,341 | 1,761 | 2,075 |
Long-Term Debt | 4,826 | 5,768 | 5,716 | 5,967 |
Long-Term Leases | 27 | 23 | 22 | 6 |
Long-Term Unearned Revenue | 23 | 24 | 19 | 17 |
Pension & Post-Retirement Benefits | - | 10 | 7 | - |
Long-Term Deferred Tax Liabilities | 1,249 | 1,196 | 1,102 | 1,040 |
Other Long-Term Liabilities | 122 | 122 | 92 | 87 |
Total Liabilities | 8,374 | 8,484 | 8,719 | 9,192 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Common Stock | 2,210 | 2,201 | 2,196 | 2,968 |
Additional Paid-In Capital | 661 | 661 | 661 | - |
Retained Earnings | -34 | -32 | -49 | - |
Comprehensive Income & Other | -174 | -121 | -198 | -128 |
Shareholders' Equity | 2,663 | 2,709 | 2,610 | 2,840 |
Total Liabilities & Equity | 11,037 | 11,193 | 11,329 | 12,032 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Total Debt | 5,443 | 5,794 | 5,738 | 5,973 |
Net Cash (Debt) | -4,879 | -5,245 | -5,341 | -5,711 |
Net Cash Growth | - | - | - | - |
Net Cash Per Share | -23.37 | -25.12 | -25.65 | -27.51 |
Filing Date Shares Outstanding | 208.66 | 208.56 | 208.04 | 207.6 |
Total Common Shares Outstanding | 208.66 | 208.25 | 208.04 | 207.6 |
Working Capital | -12 | 674 | 437 | 539 |
Book Value Per Share | 12.76 | 13.01 | 12.55 | 13.68 |
Tangible Book Value | 2,663 | 2,709 | 2,610 | 2,840 |
Tangible Book Value Per Share | 12.76 | 13.01 | 12.55 | 13.68 |
Machinery | - | 820 | 813 | 830 |
Construction In Progress | - | 226 | 122 | 45 |