SOBO
Price:
$27.46
Market Cap:
$5.72B
South Bow Corp.is an energy infrastructure company. It engages in the construction and operation of pipelines that transport crude oil and other liquids across Canada and the United States. The company was founded on December 15, 2023 and is headquartered in Calgary, Canada.
Industry
Oil & Gas Midstream
IPO Date
2024-10-08
Stock Exchange
NYSE
Ticker
SOBO
According to South Bow Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.36. This represents a change of 5.03% compared to the average of 1.29 of the last 4 quarters.
The mean historical Current Ratio of South Bow Corporation over the last ten years is 1.25. The current 1.36 Current Ratio has changed 10.74% with respect to the historical average. Over the past ten years (40 quarters), SOBO's Current Ratio was at its highest in in the June 2024 quarter at 1.37. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
1.25
Median
1.25
Minimum
1.25
Maximum
1.26
Discovering the peaks and valleys of South Bow Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 1.26
Minimum Annual Increase = -0.92%
Minimum Annual Current Ratio = 1.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.25 | -0.92% |
The current Current Ratio of South Bow Corporation (SOBO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.25
5-year avg
1.25
10-year avg
1.25
South Bow Corporation’s Current Ratio is less than Frontline Ltd. (1.88), greater than Chord Energy Corporation (1.35), less than Weatherford International plc (4.53), less than NOV Inc. (2.55), greater than CNX Resources Corporation (0.34), greater than Vista Energy, S.A.B. de C.V. (0.41), less than Noble Corporation Plc (1.75), less than Transportadora de Gas del Sur S.A. (3.35), less than Archrock, Inc. (1.56), greater than Matador Resources Company (0.73),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.88 | $5.17B | |
| 1.35 | $5.50B | |
| 4.53 | $5.53B | |
| 2.55 | $5.95B | |
| 0.34 | $5.85B | |
| 0.41 | $5.40B | |
| 1.75 | $5.17B | |
| 3.35 | $4.77B | |
| 1.56 | $4.41B | |
| 0.73 | $5.55B |
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How does the current Current Ratio for South Bow Corporation (SOBO) compare to its historical average?