Bank Income Quality vs Capex To Revenue Analysis

BNS Stock

USD 55.84 0.01 0.02%

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 Income Quality and its Capex To Revenue 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.

Income Quality vs Capex To Revenue

Income Quality vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Nova Scotia Income Quality account and Capex To Revenue. At this time, the significance of the direction appears to have no relationship.

The correlation between Bank of Nova Scotia's Income Quality and Capex To Revenue is 0.03. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Capex To Revenue 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 Income Quality and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Bank of Nova are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Income Quality i.e., Bank of Nova Scotia's Income Quality and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

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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