South Bow Corporation (SOBO) — Tangible Net Worth Ratio
South Bow Corporation (SOBO) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$2.67 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore SOBO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
South Bow Corporation Tangible Net Worth Ratio (2023–2025)
This chart shows how South Bow Corporation's Tangible Net Worth Ratio has changed across 3 annual periods from 2023 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of CA$2.67 Billion with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see SOBO company net worth.
Annual Tangible Net Worth Ratio for South Bow Corporation (2023–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for South Bow Corporation from 2023 to 2025, covering 3 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore SOBO capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$2.70 Billion | CA$0.00 | CA$11.17 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | CA$2.61 Billion | CA$0.00 | CA$11.33 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | CA$3.76 Billion | CA$0.00 | CA$15.95 Billion | — |