Bank Historical Balance Sheet From 2010 to 2024

BNS Stock  CAD 64.12  0.48  0.74%   
Trend analysis of Bank of Nova balance sheet accounts such as Short Long Term Debt Total of 375.4 B, Total Current Liabilities of 172.3 B or Total Stockholder Equity of 92.9 B provides information on Bank of Nova Scotia's total assets, liabilities, and equity, which is the actual value of Bank of Nova Scotia to its prevalent stockholders. By breaking down trends over time using Bank of Nova Scotia balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Bank Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Bank of Nova Scotia at a specified time, usually calculated after every quarter, six months, or one year. Bank of Nova Scotia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Nova Scotia 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 Bank currently owns. An asset can also be divided into two categories, current and non-current.

Bank of Nova Scotia Balance Sheet Chart

Bank of Nova Scotia Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Bank of Nova Scotia uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Bank of Nova Scotia's Retained Earnings are very stable compared to the past year. As of the 25th of April 2024, Accounts Payable is likely to grow to about 20.5 B, though Other Current Liabilities is likely to grow to (122 B).

Total Assets

Total assets refers to the total amount of Bank of Nova Scotia assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bank of Nova Scotia books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Bank of Nova Scotia balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bank of Nova are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Bank of Nova Scotia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Nova Scotia 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Bank of Nova Scotia's Selling General Administrative is very stable compared to the past year. As of the 25th of April 2024, Issuance Of Capital Stock is likely to grow to about 1.9 B, while Tax Provision is likely to drop about 2.5 B.
 2021 2023 2024 (projected)
Interest Expense15.4B44.3B46.5B
Depreciation And Amortization1.5B1.8B1.8B

Bank of Nova Scotia fundamental ratios Correlations

0.73-0.760.840.980.880.660.990.920.90.97-0.841.00.930.610.720.73-0.531.00.840.660.85-0.340.810.790.8
0.73-0.750.820.680.670.990.720.750.710.6-0.450.740.680.330.390.92-0.460.740.780.420.73-0.020.410.410.36
-0.76-0.75-0.97-0.78-0.56-0.74-0.78-0.63-0.58-0.710.7-0.77-0.71-0.56-0.54-0.80.07-0.76-0.58-0.64-0.770.23-0.65-0.66-0.7
0.840.82-0.970.850.660.80.860.770.70.77-0.660.850.770.490.560.84-0.180.840.670.550.83-0.150.630.630.68
0.980.68-0.780.850.820.60.990.860.870.98-0.890.980.940.610.780.71-0.410.980.760.720.85-0.440.870.850.86
0.880.67-0.560.660.820.60.880.790.850.86-0.740.870.820.630.460.64-0.720.880.950.580.57-0.080.590.580.62
0.660.99-0.740.80.60.60.650.680.620.53-0.390.680.590.30.320.9-0.40.660.730.360.70.040.330.340.3
0.990.72-0.780.860.990.880.650.870.870.98-0.870.990.930.640.70.74-0.480.990.840.690.83-0.330.820.80.83
0.920.75-0.630.770.860.790.680.870.860.81-0.610.910.820.380.580.7-0.570.920.80.460.79-0.180.630.590.59
0.90.71-0.580.70.870.850.620.870.860.84-0.680.880.930.40.660.73-0.60.90.80.630.71-0.330.710.670.64
0.970.6-0.710.770.980.860.530.980.810.84-0.930.960.910.670.750.62-0.480.970.780.720.76-0.440.870.850.86
-0.84-0.450.7-0.66-0.89-0.74-0.39-0.87-0.61-0.68-0.93-0.84-0.83-0.79-0.74-0.510.37-0.84-0.65-0.85-0.640.59-0.91-0.91-0.9
1.00.74-0.770.850.980.870.680.990.910.880.96-0.840.920.620.720.74-0.521.00.840.660.87-0.340.810.790.8
0.930.68-0.710.770.940.820.590.930.820.930.91-0.830.920.610.740.74-0.430.930.760.80.73-0.470.840.810.78
0.610.33-0.560.490.610.630.30.640.380.40.67-0.790.620.610.480.4-0.40.60.630.780.39-0.390.690.720.7
0.720.39-0.540.560.780.460.320.70.580.660.75-0.740.720.740.480.43-0.20.710.370.710.71-0.790.930.920.83
0.730.92-0.80.840.710.640.90.740.70.730.62-0.510.740.740.40.43-0.370.730.750.540.71-0.090.490.490.49
-0.53-0.460.07-0.18-0.41-0.72-0.4-0.48-0.57-0.6-0.480.37-0.52-0.43-0.4-0.2-0.37-0.53-0.79-0.26-0.290.04-0.28-0.27-0.19
1.00.74-0.760.840.980.880.660.990.920.90.97-0.841.00.930.60.710.73-0.530.850.660.85-0.340.810.790.8
0.840.78-0.580.670.760.950.730.840.80.80.78-0.650.840.760.630.370.75-0.790.850.530.610.010.510.510.53
0.660.42-0.640.550.720.580.360.690.460.630.72-0.850.660.80.780.710.54-0.260.660.530.5-0.670.860.880.81
0.850.73-0.770.830.850.570.70.830.790.710.76-0.640.870.730.390.710.71-0.290.850.610.5-0.350.70.70.71
-0.34-0.020.23-0.15-0.44-0.080.04-0.33-0.18-0.33-0.440.59-0.34-0.47-0.39-0.79-0.090.04-0.340.01-0.67-0.35-0.78-0.76-0.56
0.810.41-0.650.630.870.590.330.820.630.710.87-0.910.810.840.690.930.49-0.280.810.510.860.7-0.780.990.92
0.790.41-0.660.630.850.580.340.80.590.670.85-0.910.790.810.720.920.49-0.270.790.510.880.7-0.760.990.94
0.80.36-0.70.680.860.620.30.830.590.640.86-0.90.80.780.70.830.49-0.190.80.530.810.71-0.560.920.94
Click cells to compare fundamentals

Bank of Nova Scotia Account Relationship Matchups

Bank of Nova Scotia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1T1.2T1.3T1.4T1.6T1.7T
Short Long Term Debt Total19.5B7.4B245.7B310.9B357.5B375.4B
Other Current Liab(122.7B)(65.6B)(92.9B)(142.7B)(128.4B)(122.0B)
Total Current Liabilities122.7B65.6B92.9B142.7B164.1B172.3B
Total Stockholder Equity68.1B70.8B73.2B76.9B88.5B92.9B
Property Plant And Equipment Net5.9B5.6B5.7B5.6B6.5B6.8B
Net Debt(69.1B)159.3B245.0B220.3B253.3B266.0B
Retained Earnings46.3B51.4B53.8B55.7B64.1B67.3B
Accounts Payable8.3B8.9B12.6B17.0B19.5B20.5B
Cash76.5B86.3B65.9B90.3B103.9B109.1B
Non Current Assets Total221.8B246.3B238.2B238.7B274.5B288.3B
Non Currrent Assets Other(221.8B)(246.3B)(238.2B)(238.7B)(214.8B)(204.1B)
Other Assets775.1B765.0B817.5B978.0B1.1T1.2T
Cash And Short Term Investments81.5B116.5B120.1B119.3B137.2B144.1B
Net Receivables8.7B9.1B13.4B7.1B8.2B5.4B
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.4B1.2B
Liabilities And Stockholders Equity1.1T1.1T1.2T1.3T1.6T1.6T
Non Current Liabilities Total20.8B8.5B162.8B142.7B164.1B172.3B
Other Stockholder Equity2.5B1.5B141M457M411.3M390.7M
Total Liab1.1T1.1T1.3T1.3T1.5T1.6T
Property Plant And Equipment Gross5.9B11.5B12.2B10.5B12.1B12.7B
Total Current Assets89.2B125.2B129.1B132.7B119.4B77.2B
Short Term Debt113.5B57.3B84.0B130.1B149.6B157.1B
Other Current Assets35.4B30.3B35.0B45.4B40.8B78.3B
Common Stock18.3B18.2B18.5B18.7B21.5B14.9B
Accumulated Other Comprehensive Income935M(1.8B)(5.1B)(7.3B)(8.4B)(8.0B)
Good Will9.3B8.8B8.9B9.2B10.6B7.8B
Short Term Investments40.0B33.7B53.4B50.5B58.1B35.2B
Intangible Assets7.7B7.8B8.0B8.0B9.2B5.6B
Other Liab66.3B71.5B76.1B70.6B81.2B66.6B
Net Tangible Assets47.7B49.1B53.4B56.1B64.5B49.9B
Long Term Debt7.4B6.3B177.4B190.7B219.3B230.2B
Inventory372M301M257M274M246.6M276.4M
Long Term Investments235.1B216.0B216.2B227.8B261.9B194.5B
Short Long Term Debt57.3B3.3B130.1B119.9B137.9B98.4B
Property Plant Equipment2.7B5.9B5.6B5.7B6.6B3.9B
Long Term Debt Total7.3B10.9B9.7B11.8B13.6B9.0B
Earning Assets397.0B436.0B479.2B494.5B568.7B454.7B
Net Invested Capital89.1B93.6B372.7B379.5B436.4B458.2B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bank of Nova Scotia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bank of Nova Scotia's short interest history, or implied volatility extrapolated from Bank of Nova Scotia options trading.

Pair Trading with Bank of Nova Scotia

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 Bank of Nova Scotia 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 Bank of Nova Scotia will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank Stock

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Moving against Bank Stock

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The ability to find closely correlated positions to Bank of Nova Scotia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Nova Scotia 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 Bank of Nova Scotia - 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 Bank of Nova to buy it.
The correlation of Bank of Nova Scotia 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 Bank of Nova Scotia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Nova Scotia 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 Bank of Nova Scotia 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 Bank of Nova Scotia is a strong investment it is important to analyze Bank of Nova Scotia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bank of Nova Scotia's future performance. For an informed investment choice regarding Bank Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Please note, there is a significant difference between Bank of Nova Scotia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Nova Scotia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Nova Scotia'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.