South Bow Corporation Total Assets
South Bow Corporation total assets. Based on the latest financial reports, South Bow Corporation (SOBO) holds total assets worth CA$11.38 Billion CAD (≈ $8.23 Billion USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see South Bow Corporation (SOBO) total market value for the company's overall valuation and market capitalisation.
Total Assets of South Bow Corporation (2023–2025)
Total assets of South Bow Corporation from 2023 to 2025. This chart illustrates how South Bow Corporation's total assets have evolved over time, based on quarterly financial data. See SOBO share price today for real-time trading data and today's change.
South Bow Corporation - Asset Composition Analysis
South Bow Corporation Total Assets Breakdown (December 2025)
South Bow Corporation total assets breakdown as of December 2025. South Bow Corporation's total assets of CA$11.38 Billion consist of 18.0% current assets and 82.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$549.00 Million | 5.1% |
| Accounts Receivable | CA$1.18 Billion | 10.5% |
| Inventory | CA$99.82 Million | 0.9% |
| Property, Plant & Equipment | CA$8.21 Billion | 73.5% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2023–2025)
This chart illustrates how South Bow Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital to net assets of South Bow Corporation to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: South Bow Corporation's current assets represent 18.0% of total assets in 2025, a decrease from 21.6% in 2023.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2025, up from 2.2% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2023.
- Asset Diversification: The largest asset category is property, plant & equipment at 73.5% of total assets.
South Bow Corporation Competitors by Total Assets
Key competitors of South Bow Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Viper Energy Ut
NASDAQ:VNOM
|
USA | $12.05 Billion |
|
TORM plc
CO:TRMD-A
|
Denmark | Dkr3.20 Billion |
|
Scorpio Tankers Inc.
F:S0QA
|
Germany | €4.08 Billion |
|
FLEX LNG Ltd
OL:FLNG
|
Norway | Nkr2.63 Billion |
|
NAVIGATOR HLDGS LTD
F:1NV
|
Germany | €2.28 Billion |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.14 Billion |
|
Hunter Group ASA
OL:HUNT
|
Norway | Nkr130.35 Million |
South Bow Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.52 | 1.28 | 1.25 |
| Quick Ratio | 1.44 | 1.20 | 1.18 |
| Cash Ratio | 0.00 | 0.25 | 0.00 |
| Working Capital | CA$825.00 Million | CA$505.00 Million | CA$696.42 Million |
South Bow Corporation - Advanced Valuation Insights
This section examines the relationship between South Bow Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.92 |
| Latest Market Cap to Assets Ratio | 0.66 |
| Asset Growth Rate (YoY) | -1.4% |
| Total Assets | CA$11.17 Billion |
| Market Capitalization | $7.36 Billion USD |
Valuation Analysis
Below Book Valuation: The market values South Bow Corporation's assets below their book value (0.66x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: South Bow Corporation's assets decreased by 1.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for South Bow Corporation (2023–2025)
The table below shows the annual total assets of South Bow Corporation from 2023 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$11.17 Billion ≈ $8.08 Billion |
-1.38% |
| 2024-12-31 | CA$11.33 Billion ≈ $8.20 Billion |
-28.96% |
| 2023-12-31 | CA$15.95 Billion ≈ $11.54 Billion |
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About South Bow Corporation
South Bow Corporation operates as an energy infrastructure company. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. The Keystone Pipeline System segment consists of the company's main liquids pipeline network, which transports crude oil from Hardisty, Alberta, to key U.S. markets including Wood River, Patoka, Illinois, Cushing, Oklahoma, and the… Read more