SOBO (South Bow) Cash-to-Debt : 0.06 (As of Sep. 2024)

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What is South Bow Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. South Bow's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.06.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, South Bow couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for South Bow's Cash-to-Debt or its related term are showing as below:

SOBO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.06 Max: 0.06
Current: 0.06

During the past 1 years, South Bow's highest Cash to Debt Ratio was 0.06. The lowest was 0.06. And the median was 0.06.

SOBO's Cash-to-Debt is ranked worse than
86.22% of 987 companies
in the Oil & Gas industry
Industry Median: 0.52 vs SOBO: 0.06

South Bow Cash-to-Debt Historical Data

The historical data trend for South Bow's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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South Bow Cash-to-Debt Chart

South Bow Annual Data

Trend

Dec23

Cash-to-Debt

N/A

South Bow Quarterly Data
	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	N/A	N/A	N/A	N/A	0.06

Competitive Comparison of South Bow's Cash-to-Debt

For the Oil & Gas Midstream subindustry, South Bow's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

South Bow's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, South Bow's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where South Bow's Cash-to-Debt falls into.

South Bow Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

South Bow's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

South Bow's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	620.847	/	(4666.322	+	5762.587)
	=	0.06

South Bow (NYSE:SOBO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

South Bow Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of South Bow's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

South Bow Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » South Bow Corp (NYSE:SOBO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SOBO:Canada

Address

450 – 1 Street SW, Calgary, AB, CAN, T2P 5H1

Website

https://www.southbow.com

South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts.

South Bow Headlines

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