South Total Current Assets vs Long Term Debt Analysis
| SOBO Stock | 38.78 0.33 0.86% |
South Bow financial indicator trend analysis is much more than just breaking down South Bow prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether South Bow is a good investment. Please check the relationship between South Bow Total Current Assets and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South Bow. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Total Current Assets vs Long Term Debt
Total Current Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of South Bow Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between South Bow's Total Current Assets and Long Term Debt is 0.93. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of South Bow, assuming nothing else is changed. The correlation between historical values of South Bow's Total Current Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of South Bow are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., South Bow's Total Current Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Long Term Debt
Long-term debt is a debt that South Bow has held for over one year. Long-term debt appears on South Bow balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on South Bow balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from South Bow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into South Bow current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South Bow. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, South Bow's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 18th of November 2025, Enterprise Value Multiple is likely to grow to 10.92, while Tax Provision is likely to drop about 88.8 M.
| 2010 | 2024 | 2025 (projected) | Interest Income | 179M | 258M | 240.4M | Tax Provision | 120M | 102M | 88.8M |
South Bow fundamental ratios Correlations
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South Bow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
Moving against South Stock
| 0.57 | ENB-PP | Enbridge Srs P | PairCorr |
| 0.53 | ENB-PJ | Enbridge Pref 7 | PairCorr |
| 0.38 | PPL-PA | Pembina Pipeline Corp | PairCorr |
| 0.37 | ENB-PY | Enbridge Pref 3 | PairCorr |
| 0.34 | FFH-PK | Fairfax Financial | PairCorr |
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.Other Information on Investing in South Stock
Balance Sheet is a snapshot of the financial position of South Bow at a specified time, usually calculated after every quarter, six months, or one year. South Bow Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of South Bow and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which South currently owns. An asset can also be divided into two categories, current and non-current.