South Bow Corporation (SOBO) — Working Capital to Net Assets Ratio
South Bow Corporation (SOBO) has a Working Capital to Net Assets ratio of 27.5% as of March 2026. Working capital of CA$733.52 Million (current assets of CA$2.18 Billion minus current liabilities of CA$1.45 Billion) is measured against net assets of CA$2.66 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See South Bow Corporation (SOBO) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
South Bow Corporation Working Capital to Net Assets (2023–2025)
This chart shows how South Bow Corporation's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2023 to 2025. As of March 2026, the ratio stands at 27.5%, reflecting working capital of CA$733.52 Million against net assets of CA$2.66 Billion CAD. See defensive interval ratio of South Bow Corporation to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for South Bow Corporation (2023–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for South Bow Corporation from 2023 to 2025, covering 3 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see SOBO market cap.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 24.9% | CA$672.77 Million | CA$2.70 Billion | CA$2.01 Billion | CA$1.34 Billion | ▲ +8.1 pp |
| 2024 | 16.7% | CA$437.00 Million | CA$2.61 Billion | CA$2.20 Billion | CA$1.76 Billion | ▼ -2.2 pp |
| 2023 | 18.9% | CA$696.42 Million | CA$3.68 Billion | CA$3.45 Billion | CA$2.75 Billion | — |