South Financial Statements From 2010 to 2026

SOBO Stock   29.18  0.17  0.59%   
South Bow's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing South Bow's valuation are provided below:
Gross Profit
921 M
Profit Margin
0.1684
Market Capitalization
6.1 B
Enterprise Value Revenue
5.7347
Revenue
B
South Bow does not presently have any fundamental trend indicators for analysis.

South Bow Total Revenue

2.27 Billion

Check South Bow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among South Bow's main balance sheet or income statement drivers, such as Tax Provision of 88.8 M, Interest Income of 17.6 M or Depreciation And Amortization of 269.5 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0 or PTB Ratio of 1.4. South financial statements analysis is a perfect complement when working with South Bow Valuation or Volatility modules.
Check out the analysis of South Bow Correlation against competitors.
To learn how to invest in South Stock, please use our How to Invest in South Bow guide.

South Bow Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.3 B10.2 B11.7 B
Slightly volatile
Short and Long Term Debt Total4.7 B5.1 B5.8 B
Slightly volatile
Other Current Liabilities185.5 M195.3 M731.9 M
Slightly volatile
Total Current Liabilities1.5 B1.6 BB
Slightly volatile
Total Stockholder Equity2.2 B2.3 B2.8 B
Slightly volatile
Property Plant And Equipment Net6.7 B7.4 B8.2 B
Slightly volatile
Net Debt4.4 B4.8 B5.6 B
Slightly volatile
Accounts Payable1.5 B1.8 B1.3 B
Slightly volatile
Cash362.4 M456.6 M287.3 M
Slightly volatile
Non Current Assets Total7.4 B8.2 B9.2 B
Slightly volatile
Non Currrent Assets Other141.6 M159.3 M173.9 M
Slightly volatile
Long Term Debt4.7 B5.1 B5.8 B
Slightly volatile
Cash And Short Term Investments362.4 M456.6 M287.3 M
Slightly volatile
Net Receivables1.1 B1.1 B1.4 B
Slightly volatile
Common Stock Shares Outstanding228.7 M239.4 M210.7 M
Slightly volatile
Liabilities And Stockholders Equity9.3 B10.2 B11.7 B
Slightly volatile
Non Current Liabilities Total5.6 B6.3 BB
Slightly volatile
Inventory201.8 M238.1 M169.8 M
Slightly volatile
Other Current Assets451.6 M306.9 M713.6 M
Slightly volatile
Total Liabilities7.2 B7.8 BB
Slightly volatile
Net Invested Capital6.9 B7.5 B8.6 B
Slightly volatile
Long Term Investments618 M658.8 M787.7 M
Slightly volatile
Property Plant And Equipment Gross8.8 B9.9 B10.9 B
Slightly volatile
Total Current Assets1.9 BB2.5 B
Slightly volatile
Capital Stock2.1 BB2.8 B
Slightly volatile
Non Current Liabilities Other137.5 M161 M116.4 M
Slightly volatile
Net Working Capital390.4 M393.3 M515.7 M
Slightly volatile
Common Stock2.1 BB2.8 B
Slightly volatile
Current Deferred Revenue12 M13.5 M14.7 M
Slightly volatile
Other Stockholder Equity528.8 M594.9 M649.3 M
Slightly volatile

South Bow Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision88.8 M91.8 M115.4 M
Slightly volatile
Interest Income17.6 M10.8 M28.7 M
Slightly volatile
Depreciation And Amortization269.5 M282.9 M247.9 M
Slightly volatile
Interest Expense334.4 M446.2 M249.9 M
Slightly volatile
Total Revenue2.3 B2.4 B2.1 B
Slightly volatile
Gross Profit1.3 B1.3 B1.6 B
Slightly volatile
Other Operating Expenses1.5 B1.6 B1.3 B
Slightly volatile
Operating Income794.8 M856.8 M717.4 M
Slightly volatile
Net Income From Continuing Ops303.2 M284.4 M417.2 M
Slightly volatile
EBIT873.4 M926.9 M797.3 M
Slightly volatile
EBITDA1.1 B1.2 BB
Slightly volatile
Cost Of Revenue535.1 M715.3 M399.2 M
Slightly volatile
Total Operating Expenses682.8 M677.7 M910 M
Slightly volatile
Reconciled Depreciation269.5 M282.9 M247.9 M
Slightly volatile
Income Before Tax392 M376.2 M532.6 M
Slightly volatile
Net Income303.2 M284.4 M417.2 M
Slightly volatile
Income Tax Expense88.8 M91.8 M115.4 M
Slightly volatile

South Bow Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Change In Cash156.2 M119.2 M236.5 M
Slightly volatile
Free Cash Flow451.8 M348.7 M680.9 M
Slightly volatile
Begin Period Cash Flow398.8 M379.8 M68.5 M
Slightly volatile
Depreciation191.3 M210.8 M238.4 M
Slightly volatile
Capital Expenditures84.2 M133.6 M50.1 M
Slightly volatile
Total Cash From Operating Activities513 M453.2 M728 M
Slightly volatile
Net Income297.1 M270.7 M415.1 M
Slightly volatile
End Period Cash Flow398.6 M532.1 M297.7 M
Slightly volatile
Other Cashflows From Investing Activities3.3 M3.4 M82.1 M
Slightly volatile
Dividends Paid96.8 M108.9 M118.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.852.082.2678
Slightly volatile
PTB Ratio1.41.691.634
Very volatile
Days Sales Outstanding259248253
Slightly volatile
Book Value Per Share14.4314.4413.7027
Pretty Stable
Free Cash Flow Yield0.130.09090.1497
Slightly volatile
Operating Cash Flow Per Share3.42.793.5968
Slightly volatile
Capex To Depreciation0.260.450.1958
Slightly volatile
PB Ratio1.41.691.634
Very volatile
EV To Sales5.495.545.1787
Slightly volatile
Free Cash Flow Per Share2.992.143.3548
Slightly volatile
ROIC0.04570.0530.0548
Slightly volatile
Inventory Turnover2.082.72.2645
Slightly volatile
Net Income Per Share2.01.752.0634
Slightly volatile
Days Of Inventory On Hand158140162
Slightly volatile
Payables Turnover0.270.360.296
Slightly volatile
Capex To Revenue0.02930.04930.023
Slightly volatile
Cash Per Share1.271.721.3275
Slightly volatile
POCF Ratio6.278.766.3484
Slightly volatile
Interest Coverage2.812.213.0286
Slightly volatile
Capex To Operating Cash Flow0.110.210.0715
Slightly volatile
PFCF Ratio7.5511.386.9933
Slightly volatile
Days Payables Outstanding1.2 KK1.2 K
Slightly volatile
Income Quality1.891.931.7746
Slightly volatile
ROE0.150.140.1523
Slightly volatile
EV To Operating Cash Flow13.4218.2613.9865
Slightly volatile
PE Ratio10.3913.9610.9662
Slightly volatile
Return On Tangible Assets0.03550.03210.0359
Slightly volatile
EV To Free Cash Flow16.1223.7415.3705
Slightly volatile
Earnings Yield0.0880.07420.092
Slightly volatile
Net Debt To EBITDA5.845.815.5667
Very volatile
Current Ratio1.381.441.2768
Slightly volatile
Tangible Book Value Per Share14.4314.4413.7027
Pretty Stable
Receivables Turnover1.251.521.4385
Pretty Stable
Graham Number25.4823.8325.2015
Slightly volatile
Shareholders Equity Per Share14.4314.4413.7027
Pretty Stable
Debt To Equity1.721.972.0779
Slightly volatile
Capex Per Share0.30.50.2267
Slightly volatile
Revenue Per Share7.949.189.5606
Slightly volatile
Interest Debt Per Share32.5633.7730.1959
Slightly volatile
Debt To Assets0.40.450.4885
Slightly volatile
Enterprise Value Over EBITDA10.8911.1710.1673
Slightly volatile
Price Earnings Ratio10.3913.9610.9662
Slightly volatile
Operating Cycle418388415
Slightly volatile
Price Book Value Ratio1.41.691.634
Very volatile
Days Of Payables Outstanding1.2 KK1.2 K
Slightly volatile
Price To Operating Cash Flows Ratio6.278.766.3484
Slightly volatile
Price To Free Cash Flows Ratio7.5511.386.9933
Slightly volatile
Pretax Profit Margin0.260.230.2713
Slightly volatile
Ebt Per Ebit0.750.650.7765
Slightly volatile
Operating Profit Margin0.280.320.3435
Slightly volatile
Effective Tax Rate0.180.220.2137
Very volatile
Company Equity Multiplier3.433.914.1761
Slightly volatile
Long Term Debt To Capitalization0.540.620.6666
Slightly volatile
Total Debt To Capitalization0.540.620.6668
Slightly volatile
Return On Capital Employed0.05930.07010.0701
Pretty Stable
Debt Equity Ratio1.721.972.0779
Slightly volatile
Ebit Per Revenue0.280.320.3435
Slightly volatile
Quick Ratio1.281.31.1922
Slightly volatile
Dividend Paid And Capex Coverage Ratio4.744.9918.166
Slightly volatile
Net Income Per E B T0.850.870.7933
Slightly volatile
Cash Ratio0.140.20.1372
Slightly volatile
Operating Cash Flow Sales Ratio0.340.270.3698
Slightly volatile
Days Of Inventory Outstanding158140162
Slightly volatile
Days Of Sales Outstanding259248253
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.950.880.9373
Slightly volatile
Cash Flow Coverage Ratios0.120.10.1255
Slightly volatile
Price To Book Ratio1.41.691.634
Very volatile
Fixed Asset Turnover0.20.230.2364
Slightly volatile
Capital Expenditure Coverage Ratio4.744.9918.166
Slightly volatile
Price Cash Flow Ratio6.278.766.3484
Slightly volatile
Enterprise Value Multiple10.8911.1710.1673
Slightly volatile
Debt Ratio0.40.450.4885
Slightly volatile
Cash Flow To Debt Ratio0.120.10.1255
Slightly volatile
Price Sales Ratio1.852.082.2678
Slightly volatile
Return On Assets0.03550.03210.0359
Slightly volatile
Asset Turnover0.140.170.1665
Very volatile
Net Profit Margin0.20.170.2121
Slightly volatile
Gross Profit Margin0.850.810.8186
Pretty Stable
Price Fair Value1.41.691.634
Very volatile
Return On Equity0.150.140.1523
Slightly volatile

South Bow Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.8 B4.4 B4.6 B
Slightly volatile
Enterprise Value11.3 B11.8 B10.5 B
Slightly volatile

South Fundamental Market Drivers

Forward Price Earnings16.9779
Cash And Short Term Investments397 M

About South Bow Financial Statements

South Bow investors utilize fundamental indicators, such as revenue or net income, to predict how South Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue13.5 M12 M
Total Revenue2.4 B2.3 B
Cost Of Revenue715.3 M535.1 M
Capex To Revenue 0.05  0.03 
Revenue Per Share 9.18  7.94 
Ebit Per Revenue 0.32  0.28 

Pair Trading with South Bow

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if South Bow position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in South Bow will appreciate offsetting losses from the drop in the long position's value.

Moving together with South Stock

  0.77EPD Enterprise Products Sell-off TrendPairCorr

Moving against South Stock

  0.57TOPS TOP ShipsPairCorr
  0.38SIGL Signal AdvancePairCorr
The ability to find closely correlated positions to South Bow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace South Bow when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back South Bow - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling South Bow to buy it.
The correlation of South Bow is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as South Bow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if South Bow moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for South Bow can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether South Bow offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South Bow's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of South Bow Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South Bow Stock:
Check out the analysis of South Bow Correlation against competitors.
To learn how to invest in South Stock, please use our How to Invest in South Bow guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Will Oil & Gas Storage & Transportation sector continue expanding? Could South diversify its offerings? Factors like these will boost the valuation of South Bow. If investors know South will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every South Bow data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.54
Dividend Share
2
Earnings Share
1.59
Revenue Per Share
9.474
Quarterly Revenue Growth
(0.14)
South Bow's market price often diverges from its book value, the accounting figure shown on South's balance sheet. Smart investors calculate South Bow's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since South Bow's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between South Bow's value and its price as these two are different measures arrived at by different means. Investors typically determine if South Bow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South Bow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.