South BowSOBO -0.44%15 Current Ratio is 1.51 as of Mar. 2026, which is 17% above its 10-year median of 1.29. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 12 warning signs investors should review. Among 1,011 Oil & Gas companies, South Bow ranks better than 54.6% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. South Bow's current ratio for the quarter that ended in Mar. 2026 was 1.51.
South Bow has a current ratio of 1.51. It generally indicates good short-term financial strength.
The historical rank and industry rank for South Bow's Current Ratio or its related term are showing as below:
SOBO'
s Current Ratio Range Over the Past 10 Years
Min: 1.08 Med: 1.29 Max: 1.51
Current: 1.51
During the past 3 years, South Bow's highest Current Ratio was 1.51. The lowest was 1.08. And the median was 1.29.
SOBO's Current Ratio is ranked better than 54.6% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.35
vs SOBO: 1.51
South Bow (NYSE:SOBO) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
South Bow Current Ratio Related Terms
South Bow Current Ratio Historical Data
* Premium members only.
The historical data trend for South Bow's Current Ratio 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.
For the Oil & Gas Midstream subindustry, South Bow's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, South Bow's Current Ratio distribution charts can be found below:
* The bar in red indicates where South Bow's Current Ratio falls into.
* 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.
South Bow (SOBO) has a Current Ratio of 1.51 as of Mar. 2026. This is 17% above median its historical median of 1.29. Over the past decade, South Bow's Current Ratio has ranged from 1.08 to 1.51. According to the industry distribution chart, South Bow ranks #459 out of 1011 companies in the Oil & Gas industry, placing it in the top 45.4%.
Is South Bow's Current Ratio too high?
South Bow's current Current Ratio of 1.51 is 17% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 1.51. The Oil & Gas industry median Current Ratio is 1.35. South Bow's value of 1.51 is 11.9% above this industry median. Based on the distribution chart, South Bow ranks #459 out of 1011 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, South Bow has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does South Bow's Current Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, South Bow ranks #459 out of 1011 companies for Current Ratio. This puts South Bow in the upper half of its industry. The industry median Current Ratio is 1.35. South Bow's value of 1.51 is 11.9% above this benchmark. Historically, South Bow's own Current Ratio has ranged from 1.08 to 1.51 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.35, South Bow has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South Bow's current Current Ratio of 1.51 is 11.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Bow's current Current Ratio is 1.51, which is 17% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Bow stock overvalued right now?
South Bow (SOBO) has a current Current Ratio of 1.51. The current Current Ratio is 1.51, which is 17% above median its 10-year median of 1.29 and 11.9% above the Oil & Gas industry median of 1.35. South Bow's overall GF Score™ is 15/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For South Bow (SOBO), the current Current Ratio is 1.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment. The company's projects and pipelines include: Blackrod connection project; Grand Rapids Pipeline System; Marketlink Pipeline System; Keystone Pipeline System; Port Neches Link; and White Spruce Pipeline System.
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