Bank Free Cash Flow Per Share vs Book Value Per Share Analysis

BNS Stock

USD 55.25 0.59 1.06%

Bank of Nova Scotia financial indicator trend analysis is way more than just evaluating Bank of Nova Scotia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Nova Scotia is a good investment. Please check the relationship between Bank of Nova Scotia Free Cash Flow Per Share and its Book Value Per Share accounts. 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Per Share vs Book Value Per Share

Free Cash Flow Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Nova Scotia Free Cash Flow Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have weak relationship.

The correlation between Bank of Nova Scotia's Free Cash Flow Per Share and Book Value Per Share is 0.36. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Bank of Nova, assuming nothing else is changed. The correlation between historical values of Bank of Nova Scotia's Free Cash Flow Per Share and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Bank of Nova are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Bank of Nova Scotia's Free Cash Flow Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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 closely tied 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 comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.4 B in 2024, despite the fact that Discontinued Operations is likely to grow to (20.8 M).

	2020	2021	2022	2023 (projected)
Gross Profit	30.9B	31.1B	31.8B	33.6B
Total Revenue	30.9B	31.1B	29.3B	33.6B

Gross Profit Total Revenue

Bank of Nova Scotia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Other Current Liab	Other Liab	Net Tangible Assets	Long Term Debt
Total Assets		0.78	0.81	0.92	0.82	0.65	0.9	0.11	0.89	0.54	-0.01	0.58	0.68	0.25	0.43	0.48	0.65	1.0	0.75	0.87	0.94	-0.37	-0.25	0.9	0.85	0.36
Short Long Term Debt Total	0.78		0.86	0.7	0.69	0.93	0.75	0.08	0.7	0.76	-0.37	0.38	0.54	0.23	0.32	0.76	0.21	0.78	0.92	0.71	0.79	-0.36	-0.16	0.68	0.68	0.43
Total Current Liabilities	0.81	0.86		0.72	0.64	0.82	0.76	0.04	0.69	0.71	-0.25	0.49	0.43	0.22	0.31	0.71	0.4	0.81	0.81	0.83	0.84	-0.47	-0.26	0.69	0.68	0.35
Total Stockholder Equity	0.92	0.7	0.72		0.59	0.53	0.99	0.48	0.95	0.49	-0.02	0.4	0.56	0.6	0.46	0.47	0.6	0.91	0.6	0.71	0.8	-0.53	0.11	0.79	0.99	0.64
Property Plant And Equipment Net	0.82	0.69	0.64	0.59		0.65	0.6	-0.3	0.67	0.46	-0.02	0.59	0.76	-0.16	0.37	0.38	0.48	0.83	0.83	0.86	0.74	-0.06	-0.47	0.79	0.5	-0.01
Net Debt	0.65	0.93	0.82	0.53	0.65		0.59	-0.05	0.54	0.76	-0.43	0.37	0.34	0.1	0.09	0.78	0.03	0.66	0.94	0.62	0.69	-0.41	-0.22	0.56	0.51	0.32
Retained Earnings	0.9	0.75	0.76	0.99	0.6	0.59		0.5	0.96	0.54	-0.08	0.36	0.58	0.63	0.43	0.53	0.51	0.9	0.65	0.73	0.79	-0.54	0.15	0.77	0.99	0.69
Accounts Payable	0.11	0.08	0.04	0.48	-0.3	-0.05	0.5		0.44	0.08	-0.05	-0.33	-0.05	0.98	0.17	0.15	0.01	0.09	-0.11	-0.11	-0.04	-0.45	0.87	0.04	0.61	0.87
Cash	0.89	0.7	0.69	0.95	0.67	0.54	0.96	0.44		0.5	-0.02	0.29	0.65	0.56	0.42	0.46	0.61	0.89	0.66	0.78	0.76	-0.42	0.12	0.8	0.93	0.57
Non Current Assets Total	0.54	0.76	0.71	0.49	0.46	0.76	0.54	0.08	0.5		-0.75	0.04	0.32	0.21	0.19	0.97	0.18	0.54	0.67	0.5	0.5	-0.44	-0.26	0.27	0.5	0.42
Non Currrent Assets Other	-0.01	-0.37	-0.25	-0.02	-0.02	-0.43	-0.08	-0.05	-0.02	-0.75		0.18	-0.07	-0.09	-0.14	-0.79	0.27	-0.01	-0.28	0.07	0.0	0.25	0.12	0.28	-0.08	-0.29
Other Assets	0.58	0.38	0.49	0.4	0.59	0.37	0.36	-0.33	0.29	0.04	0.18		0.28	-0.25	0.28	0.1	0.36	0.58	0.48	0.48	0.56	-0.33	-0.41	0.52	0.32	-0.19
Cash And Short Term Investments	0.68	0.54	0.43	0.56	0.76	0.34	0.58	-0.05	0.65	0.32	-0.07	0.28		0.05	0.69	0.21	0.39	0.68	0.53	0.71	0.63	0.25	-0.25	0.62	0.5	0.17
Net Receivables	0.25	0.23	0.22	0.6	-0.16	0.1	0.63	0.98	0.56	0.21	-0.09	-0.25	0.05		0.22	0.27	0.06	0.23	0.05	0.06	0.1	-0.51	0.81	0.17	0.71	0.91
Common Stock Shares Outstanding	0.43	0.32	0.31	0.46	0.37	0.09	0.43	0.17	0.42	0.19	-0.14	0.28	0.69	0.22		0.15	0.39	0.43	0.25	0.33	0.37	0.18	-0.01	0.37	0.44	0.2
Non Current Liabilities Total	0.48	0.76	0.71	0.47	0.38	0.78	0.53	0.15	0.46	0.97	-0.79	0.1	0.21	0.27	0.15		0.07	0.48	0.66	0.41	0.43	-0.57	-0.15	0.19	0.51	0.47
Other Stockholder Equity	0.65	0.21	0.4	0.6	0.48	0.03	0.51	0.01	0.61	0.18	0.27	0.36	0.39	0.06	0.39	0.07		0.65	0.21	0.58	0.56	-0.18	-0.32	0.62	0.51	-0.08
Total Liab	1.0	0.78	0.81	0.91	0.83	0.66	0.9	0.09	0.89	0.54	-0.01	0.58	0.68	0.23	0.43	0.48	0.65		0.76	0.88	0.94	-0.37	-0.27	0.9	0.84	0.34
Property Plant And Equipment Gross	0.75	0.92	0.81	0.6	0.83	0.94	0.65	-0.11	0.66	0.67	-0.28	0.48	0.53	0.05	0.25	0.66	0.21	0.76		0.76	0.73	-0.3	-0.25	0.72	0.56	0.21
Total Current Assets	0.87	0.71	0.83	0.71	0.86	0.62	0.73	-0.11	0.78	0.5	0.07	0.48	0.71	0.06	0.33	0.41	0.58	0.88	0.76		0.85	-0.17	-0.38	0.82	0.63	0.14
Short Term Debt	0.94	0.79	0.84	0.8	0.74	0.69	0.79	-0.04	0.76	0.5	0.0	0.56	0.63	0.1	0.37	0.43	0.56	0.94	0.73	0.85		-0.25	-0.37	0.88	0.72	0.26
Other Current Assets	-0.37	-0.36	-0.47	-0.53	-0.06	-0.41	-0.54	-0.45	-0.42	-0.44	0.25	-0.33	0.25	-0.51	0.18	-0.57	-0.18	-0.37	-0.3	-0.17	-0.25		-0.22	-0.15	-0.58	-0.51
Other Current Liab	-0.25	-0.16	-0.26	0.11	-0.47	-0.22	0.15	0.87	0.12	-0.26	0.12	-0.41	-0.25	0.81	-0.01	-0.15	-0.32	-0.27	-0.25	-0.38	-0.37	-0.22		-0.16	0.25	0.64
Other Liab	0.9	0.68	0.69	0.79	0.79	0.56	0.77	0.04	0.8	0.27	0.28	0.52	0.62	0.17	0.37	0.19	0.62	0.9	0.72	0.82	0.88	-0.15	-0.16		0.71	0.21
Net Tangible Assets	0.85	0.68	0.68	0.99	0.5	0.51	0.99	0.61	0.93	0.5	-0.08	0.32	0.5	0.71	0.44	0.51	0.51	0.84	0.56	0.63	0.72	-0.58	0.25	0.71		0.74
Long Term Debt	0.36	0.43	0.35	0.64	-0.01	0.32	0.69	0.87	0.57	0.42	-0.29	-0.19	0.17	0.91	0.2	0.47	-0.08	0.34	0.21	0.14	0.26	-0.51	0.64	0.21	0.74

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Bank of Nova Scotia Account Relationship Matchups

Bank of Nova Scotia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1T	1.1T	1.2T	1.3T	1.4T	1.4T
Short Long Term Debt Total	68.2B	245.7B	310.9B	313.8B	300.7B	315.7B
Total Current Liabilities	65.6B	92.9B	142.7B	136.9B	157.4B	165.3B
Total Stockholder Equity	67.5B	68.1B	70.8B	73.2B	76.9B	82.4B
Property Plant And Equipment Net	5.9B	5.6B	5.7B	5.6B	5.3B	3.0B
Net Debt	(69.1B)	159.3B	245.0B	223.5B	236.8B	248.7B
Retained Earnings	44.4B	46.3B	51.4B	53.8B	55.7B	57.8B
Accounts Payable	9.2B	8.3B	8.9B	12.6B	17.0B	16.8B
Cash	46.7B	76.5B	86.3B	65.9B	90.3B	63.9B
Non Current Assets Total	246.3B	238.2B	238.7B	1.6T	1.3T	1.4T
Non Currrent Assets Other	(2.2B)	(2.1B)	(1.9B)	(253.3B)	(298.8B)	(283.9B)
Other Assets	775.1B	765.0B	817.5B	978.0B	(380.9B)	1.4T
Cash And Short Term Investments	116.5B	120.1B	119.3B	140.8B	108.2B	64.5B
Net Receivables	7.8B	8.7B	9.1B	13.4B	14.0B	13.1B
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B
Liabilities And Stockholders Equity	1.1T	1.2T	1.3T	1.4T	1.4T	1.5T
Non Current Liabilities Total	8.5B	162.8B	142.7B	1.3T	1.5T	1.6T
Other Stockholder Equity	6.8B	7.2B	141M	(5.7B)	773M	(2.9B)
Total Liab	1.0T	1.1T	1.1T	1.3T	1.3T	1.3T
Property Plant And Equipment Gross	5.9B	11.5B	12.2B	10.5B	10.4B	10.9B
Total Current Assets	125.2B	129.1B	132.7B	154.8B	108.2B	72.7B
Short Term Debt	113.5B	57.3B	84.0B	130.1B	119.9B	103.4B
Other Current Assets	336.1B	388.4B	429.5B	475.4B	(13.1B)	(12.4B)
Other Current Liab	(122.7B)	(65.6B)	(1.3B)	(464M)	(137.6B)	(121.2B)
Other Liab	66.3B	71.5B	76.1B	103.1B	68.9B	49.4B
Net Tangible Assets	47.7B	49.1B	53.4B	56.1B	59.4B	71.8B
Long Term Debt	7.3B	7.4B	6.3B	177.4B	190.7B	194.3B
Good Will	9.6B	9.3B	8.8B	8.9B	9.2B	9.0B
Short Term Investments	40.0B	33.7B	53.4B	50.5B	44.3B	32.7B
Inventory	(336.1B)	(388.4B)	(429.5B)	(475.4B)	(427.8B)	(406.4B)
Long Term Investments	221.6B	235.1B	216.0B	216.2B	227.8B	276.7B
Short Long Term Debt	8.0B	57.3B	3.3B	130.1B	119.9B	103.4B
Accumulated Other Comprehensive Income	(1.8B)	(5.1B)	(7.3B)	(7.0B)	(6.2B)	(5.9B)
Intangible Assets	7.8B	7.7B	7.8B	8.0B	8.0B	7.9B
Common Stock	18.3B	18.2B	18.5B	18.7B	20.1B	22.1B
Property Plant Equipment	5.9B	5.6B	5.7B	5.6B	6.5B	9.6B
Long Term Debt Total	7.3B	10.9B	9.7B	11.8B	13.6B	9.0B
Capital Lease Obligations	3.5B	3.4B	3.3B	3.2B	3.0B	1.8B

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