South Bow Corporation (SOBO) — Net Asset Quality Index
South Bow Corporation (SOBO) has a Net Asset Quality Index of 23.7% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$11.25 Billion minus total liabilities of CA$8.59 Billion yields net assets of CA$2.66 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check South Bow Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
South Bow Corporation Net Asset Quality Index Over Time (2023–2025)
This chart shows how South Bow Corporation's Net Asset Quality Index has evolved across 3 annual periods from 2023 to 2025. As of March 2026, the index stands at 23.7%, representing net assets of CA$2.66 Billion against total assets of CA$11.25 Billion CAD. See SOBO net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for South Bow Corporation (2023–2025)
The table below presents the year-by-year Net Asset Quality Index for South Bow Corporation from 2023 to 2025, covering 3 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of South Bow Corporation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 24.2% | CA$2.70 Billion | CA$11.17 Billion | CA$8.47 Billion | ▲ +1.2 pp |
| 2024 | 23.0% | CA$2.61 Billion | CA$11.33 Billion | CA$8.72 Billion | ▼ -0.6 pp |
| 2023 | 23.6% | CA$2.84 Billion | CA$12.03 Billion | CA$9.19 Billion | — |