Bank Historical Balance Sheet

BNS Stock

CAD 79.52 0.43 0.54%

Trend analysis of Bank of Nova balance sheet accounts such as Short Long Term Debt Total of 378.9 B, Other Current Liabilities of 618.2 B or Total Current Liabilities of 784.4 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.

Cash Flow Balance Sheet Income Statement

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Covid

Financial Statement Analysis is much more than just reviewing and examining Bank of Nova Scotia latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bank of Nova Scotia is a good buy for the upcoming year.

Bank of Nova Scotia Inventory

(406.44 Billion)

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.

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

At this time, Bank of Nova Scotia's Net Debt is very stable compared to the past year. As of the 28th of November 2024, Retained Earnings is likely to grow to about 67.3 B, though Other Assets are likely to grow to (164.3 B).

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

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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 accounts from Bank of Nova Scotia's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	310.9B	313.8B	360.9B	378.9B
Total Assets	1.3T	1.4T	1.6T	1.7T

Short Long Term Debt Total Total Assets

Bank of Nova Scotia balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	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	Common Stock Total Equity	Common Stock	Good Will
Total Assets		0.87	0.62	0.79	0.98	0.88	0.77	0.99	0.92	0.87	0.78	0.7	-0.26	0.95	0.94	0.71	0.78	-0.43	1.0	0.84	0.71	0.82	0.71	0.81	0.82	0.8
Short Long Term Debt Total	0.87		0.67	0.83	0.79	0.89	0.97	0.86	0.87	0.76	0.82	0.8	-0.44	0.82	0.96	0.36	0.84	-0.61	0.87	0.96	0.55	0.63	0.85	0.52	0.57	0.58
Other Current Liab	0.62	0.67		0.95	0.53	0.59	0.68	0.56	0.84	0.69	0.97	0.98	-0.91	0.66	0.73	0.25	0.95	-0.44	0.63	0.59	0.22	0.47	0.71	0.21	0.28	0.22
Total Current Liabilities	0.79	0.83	0.95		0.72	0.72	0.8	0.76	0.93	0.77	0.99	0.98	-0.78	0.8	0.87	0.38	0.99	-0.42	0.8	0.73	0.39	0.64	0.8	0.4	0.46	0.44
Total Stockholder Equity	0.98	0.79	0.53	0.72		0.82	0.66	0.99	0.86	0.84	0.7	0.6	-0.15	0.94	0.87	0.78	0.7	-0.3	0.98	0.76	0.74	0.83	0.62	0.87	0.87	0.86
Property Plant And Equipment Net	0.88	0.89	0.59	0.72	0.82		0.83	0.88	0.79	0.83	0.74	0.69	-0.31	0.86	0.92	0.44	0.73	-0.62	0.88	0.95	0.63	0.53	0.75	0.59	0.62	0.62
Net Debt	0.77	0.97	0.68	0.8	0.66	0.83		0.75	0.82	0.68	0.79	0.82	-0.49	0.72	0.9	0.23	0.83	-0.68	0.77	0.95	0.45	0.57	0.92	0.37	0.43	0.4
Retained Earnings	0.99	0.86	0.56	0.76	0.99	0.88	0.75		0.87	0.84	0.74	0.66	-0.21	0.94	0.91	0.7	0.75	-0.37	0.99	0.84	0.73	0.8	0.71	0.82	0.83	0.83
Accounts Payable	0.92	0.87	0.84	0.93	0.86	0.79	0.82	0.87		0.86	0.93	0.89	-0.58	0.91	0.95	0.57	0.93	-0.51	0.92	0.8	0.56	0.74	0.76	0.63	0.65	0.59
Cash	0.87	0.76	0.69	0.77	0.84	0.83	0.68	0.84	0.86		0.78	0.72	-0.4	0.95	0.83	0.64	0.79	-0.57	0.87	0.78	0.68	0.61	0.61	0.7	0.69	0.6
Non Current Assets Total	0.78	0.82	0.97	0.99	0.7	0.74	0.79	0.74	0.93	0.78		0.98	-0.81	0.79	0.87	0.37	0.98	-0.48	0.79	0.73	0.37	0.59	0.77	0.39	0.45	0.42
Non Currrent Assets Other	0.7	0.8	0.98	0.98	0.6	0.69	0.82	0.66	0.89	0.72	0.98		-0.86	0.71	0.83	0.26	0.98	-0.52	0.71	0.73	0.29	0.53	0.82	0.27	0.34	0.3
Other Assets	-0.26	-0.44	-0.91	-0.78	-0.15	-0.31	-0.49	-0.21	-0.58	-0.4	-0.81	-0.86		-0.33	-0.46	0.09	-0.79	0.35	-0.27	-0.34	0.08	-0.13	-0.53	0.15	0.08	0.11
Cash And Short Term Investments	0.95	0.82	0.66	0.8	0.94	0.86	0.72	0.94	0.91	0.95	0.79	0.71	-0.33		0.9	0.69	0.8	-0.42	0.95	0.81	0.75	0.73	0.68	0.78	0.78	0.73
Net Receivables	0.94	0.96	0.73	0.87	0.87	0.92	0.9	0.91	0.95	0.83	0.87	0.83	-0.46	0.9		0.49	0.86	-0.58	0.94	0.92	0.6	0.68	0.8	0.62	0.65	0.64
Common Stock Shares Outstanding	0.71	0.36	0.25	0.38	0.78	0.44	0.23	0.7	0.57	0.64	0.37	0.26	0.09	0.69	0.49		0.36	-0.11	0.71	0.35	0.72	0.71	0.2	0.93	0.92	0.83
Non Current Liabilities Total	0.78	0.84	0.95	0.99	0.7	0.73	0.83	0.75	0.93	0.79	0.98	0.98	-0.79	0.8	0.86	0.36		-0.47	0.79	0.76	0.4	0.62	0.83	0.38	0.44	0.4
Other Stockholder Equity	-0.43	-0.61	-0.44	-0.42	-0.3	-0.62	-0.68	-0.37	-0.51	-0.57	-0.48	-0.52	0.35	-0.42	-0.58	-0.11	-0.47		-0.43	-0.69	-0.27	-0.11	-0.48	-0.22	-0.23	-0.07
Total Liab	1.0	0.87	0.63	0.8	0.98	0.88	0.77	0.99	0.92	0.87	0.79	0.71	-0.27	0.95	0.94	0.71	0.79	-0.43		0.85	0.71	0.82	0.71	0.81	0.82	0.8
Property Plant And Equipment Gross	0.84	0.96	0.59	0.73	0.76	0.95	0.95	0.84	0.8	0.78	0.73	0.73	-0.34	0.81	0.92	0.35	0.76	-0.69	0.85		0.59	0.57	0.86	0.51	0.55	0.53
Total Current Assets	0.71	0.55	0.22	0.39	0.74	0.63	0.45	0.73	0.56	0.68	0.37	0.29	0.08	0.75	0.6	0.72	0.4	-0.27	0.71	0.59		0.54	0.38	0.86	0.89	0.82
Short Term Debt	0.82	0.63	0.47	0.64	0.83	0.53	0.57	0.8	0.74	0.61	0.59	0.53	-0.13	0.73	0.68	0.71	0.62	-0.11	0.82	0.57	0.54		0.54	0.71	0.73	0.72
Other Current Assets	0.71	0.85	0.71	0.8	0.62	0.75	0.92	0.71	0.76	0.61	0.77	0.82	-0.53	0.68	0.8	0.2	0.83	-0.48	0.71	0.86	0.38	0.54		0.28	0.35	0.31
Common Stock Total Equity	0.81	0.52	0.21	0.4	0.87	0.59	0.37	0.82	0.63	0.7	0.39	0.27	0.15	0.78	0.62	0.93	0.38	-0.22	0.81	0.51	0.86	0.71	0.28		0.98	0.92
Common Stock	0.82	0.57	0.28	0.46	0.87	0.62	0.43	0.83	0.65	0.69	0.45	0.34	0.08	0.78	0.65	0.92	0.44	-0.23	0.82	0.55	0.89	0.73	0.35	0.98		0.94
Good Will	0.8	0.58	0.22	0.44	0.86	0.62	0.4	0.83	0.59	0.6	0.42	0.3	0.11	0.73	0.64	0.83	0.4	-0.07	0.8	0.53	0.82	0.72	0.31	0.92	0.94

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Bank of Nova Scotia Account Relationship Matchups

Bank of Nova Scotia balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1T	1.2T	1.3T	1.4T	1.6T	1.7T
Short Long Term Debt Total	68.2B	245.7B	310.9B	313.8B	360.9B	378.9B
Other Current Liab	(65.6B)	(94.2B)	(143.1B)	512.0B	588.8B	618.2B
Total Current Liabilities	65.6B	92.9B	142.7B	649.6B	747.1B	784.4B
Total Stockholder Equity	68.1B	70.8B	73.2B	76.9B	88.5B	92.9B
Property Plant And Equipment Net	5.9B	5.6B	5.7B	5.6B	6.5B	6.8B
Net Debt	(69.1B)	159.3B	245.0B	223.5B	257.0B	269.9B
Retained Earnings	46.3B	51.4B	53.8B	55.7B	64.1B	67.3B
Accounts Payable	8.3B	8.9B	12.6B	17.0B	19.5B	20.5B
Cash	76.5B	86.3B	65.9B	90.3B	103.9B	109.1B
Non Current Assets Total	246.3B	238.2B	238.7B	1.4T	1.6T	1.7T
Non Currrent Assets Other	(246.3B)	(2.1B)	(1.9B)	1.1T	1.3T	1.4T
Other Assets	765.0B	817.5B	978.0B	(150.4B)	(173.0B)	(164.3B)
Cash And Short Term Investments	116.5B	120.1B	119.3B	140.8B	161.9B	170.0B
Net Receivables	8.7B	9.1B	13.4B	14.0B	16.1B	16.9B
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.4B	1.2B
Liabilities And Stockholders Equity	1.1T	1.2T	1.3T	1.4T	1.6T	1.7T
Non Current Liabilities Total	8.5B	162.8B	142.7B	644.4B	741.1B	778.1B
Other Stockholder Equity	2.5B	1.5B	141M	457M	411.3M	390.7M
Total Liab	1.1T	1.1T	1.3T	1.3T	1.5T	1.6T
Property Plant And Equipment Gross	5.9B	11.5B	12.2B	10.5B	12.1B	12.7B
Total Current Assets	125.2B	129.1B	132.7B	154.8B	139.4B	78.8B
Short Term Debt	57.3B	84.0B	130.1B	119.9B	137.9B	144.8B
Other Current Assets	30.3B	388.4B	429.5B	475.4B	546.7B	574.0B
Accumulated Other Comprehensive Income	(1.8B)	(5.1B)	(7.3B)	(7.0B)	(6.3B)	(6.0B)
Common Stock	18.2B	18.5B	18.7B	20.1B	23.1B	15.4B
Good Will	9.3B	8.8B	8.9B	9.2B	10.6B	7.8B
Short Term Investments	40.0B	33.7B	53.4B	50.5B	58.1B	33.0B
Intangible Assets	7.7B	7.8B	8.0B	8.0B	9.2B	5.6B
Other Liab	66.3B	71.5B	76.1B	70.6B	81.2B	66.6B
Net Tangible Assets	47.7B	49.1B	53.4B	56.1B	64.5B	49.9B
Long Term Debt	7.4B	6.3B	177.4B	190.7B	219.3B	230.2B
Inventory	301M	(388.4B)	(429.5B)	(475.4B)	(427.8B)	(406.4B)
Long Term Investments	235.1B	216.0B	216.2B	230.5B	265.1B	194.8B
Short Long Term Debt	57.3B	3.3B	130.1B	119.9B	137.9B	98.4B
Property Plant Equipment	2.7B	5.9B	5.6B	5.7B	6.6B	3.9B
Long Term Debt Total	7.3B	10.9B	9.7B	11.8B	13.6B	9.0B
Earning Assets	397.0B	436.0B	479.2B	494.5B	568.7B	454.7B
Net Invested Capital	89.1B	93.6B	372.7B	379.5B	436.4B	458.2B

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

0.92	FFH	Fairfax Financial	Pair Corr
0.84	FFH-PM	Fairfax Financial	Pair Corr
0.66	FFH-PJ	Fairfax Financial	Pair Corr
0.66	FFH-PH	Fairfax Financial	Pair Corr
0.69	FFH-PF	Fairfax Financial	Pair Corr

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 Correlation Correlation 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:

How To Invest In Bank

Details

Is Bank Stock a good investment?

Details

What is Bank of Nova Scotia's Net Worth?

Details

Largest Diversified Banks Companies

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Largest Banks - Diversified Companies

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You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Bank Historical Balance Sheet

Bank of Nova Scotia Inventory

(406.44 Billion)

About Bank Balance Sheet Analysis

Bank of Nova Scotia Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Bank of Nova Scotia balance sheet Correlations

Bank of Nova Scotia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of Nova Scotia balance sheet Accounts

Pair Trading with Bank of Nova Scotia

Moving together with Bank Stock

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Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Retained Earnings

Other Assets	- 0.91	Other Current Liab
Other Assets	- 0.86	Non Currrent Assets Other
Other Assets	- 0.81	Non Current Assets Total
Non Current Liabilities Total	- 0.79	Other Assets
Other Assets	- 0.78	Total Current Liabilities
Property Plant And Equipment Gross	- 0.69	Other Stockholder Equity