Bank Financial Statements From 2010 to 2024

Bank of Nova Scotia Balance Sheet		Trends
Current Value Last Year Historical Average  10 Year Trend Total Assets 1.7 T 1.6 T 1 T Slightly volatile Short and Long Term Debt Total 378.9 B 360.9 B 131.2 B Slightly volatile Total Current Liabilities 784.4 B 747.1 B 205.5 B Slightly volatile Total Stockholder Equity 92.9 B 88.5 B 60.7 B Slightly volatile Property Plant And Equipment Net 6.8 B 6.5 B 3.8 B Slightly volatile Retained Earnings 67.3 B 64.1 B 40.6 B Slightly volatile Accounts Payable 20.5 B 19.5 B 10.4 B Slightly volatile Cash 109.1 B 103.9 B 67.7 B Slightly volatile Non Current Assets Total 1.7 T 1.6 T 453.4 B Slightly volatile Cash And Short Term Investments 170 B 161.9 B 103.2 B Slightly volatile Net Receivables 16.9 B 16.1 B 8.4 B Slightly volatile Common Stock Shares Outstanding 1.2 B 1.4 B 1.2 B Slightly volatile Liabilities And Stockholders Equity 1.7 T 1.6 T 1 T Slightly volatile Non Current Liabilities Total 778.1 B 741.1 B 198.5 B Slightly volatile Other Stockholder Equity 390.7 M 411.3 M 1.4 B Slightly volatile Total Liabilities 1.6 T 1.5 T 972.5 B Slightly volatile Property Plant And Equipment Gross 12.7 B 12.1 B 5.7 B Slightly volatile Total Current Assets 78.8 B 139.4 B 101.8 B Slightly volatile Short Term Debt 144.8 B 137.9 B 92.2 B Slightly volatile Other Current Assets 574 B 546.7 B 222.4 B Slightly volatile Common Stock Total Equity 16.3 B 21 B 16 B Slightly volatile Common Stock 15.4 B 23.1 B 16.2 B Slightly volatile Good Will 7.8 B 10.6 B 7.9 B Slightly volatile Short Term Investments 33 B 58.1 B 35.5 B Slightly volatile Intangible Assets 5.6 B 9.2 B 5.8 B Slightly volatile Current Deferred Revenue 26.8 B 30.2 B 32.9 B Slightly volatile Other Liabilities 66.6 B 81.2 B 60.2 B Slightly volatile Net Tangible Assets 49.9 B 64.5 B 45.4 B Slightly volatile Long Term Debt 230.2 B 219.3 B 58.9 B Slightly volatile Long Term Investments 194.8 B 265.1 B 157.2 B Slightly volatile Short and Long Term Debt 98.4 B 137.9 B 93.2 B Pretty Stable Property Plant Equipment 3.9 B 6.6 B 3.7 B Slightly volatile Long Term Debt Total 9 B 13.6 B 8.3 B Slightly volatile Earning Assets 454.7 B 568.7 B 420.6 B Slightly volatile Net Invested Capital 458.2 B 436.4 B 163.3 B Slightly volatile Capital Stock 27.1 B 32.4 B 24.3 B Slightly volatile Capital Lease Obligations 2.7 B 2.9 B 3.4 B Slightly volatile
Bank of Nova Scotia Income Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Depreciation And Amortization 2.2 B 2.1 B 1.1 B Slightly volatile Interest Expense 46.5 B 44.3 B 16.4 B Slightly volatile Selling General Administrative 11.6 B 11 B 7.4 B Slightly volatile Total Revenue 18.9 B 36.6 B 25.6 B Slightly volatile Gross Profit 18.9 B 36.6 B 25.5 B Slightly volatile Other Operating Expenses 19.1 B 18.2 B 11 B Slightly volatile Operating Income 15.4 B 10 B 15 B Very volatile EBIT 8.7 B 8.7 B 9.5 B Slightly volatile EBITDA 12.6 B 13.2 B 10.8 B Slightly volatile Income Before Tax 6.9 B 11.2 B 9.3 B Slightly volatile Net Income 5.2 B 8.5 B 7.1 B Slightly volatile Income Tax Expense 1.5 B 2.6 B 2 B Slightly volatile Selling And Marketing Expenses 485.7 M 662.4 M 519 M Slightly volatile Net Income From Continuing Ops 9 B 8.7 B 8.1 B Slightly volatile Net Income Applicable To Common Shares 8.7 B 11.1 B 8.1 B Slightly volatile Tax Provision 2.5 B 2.6 B 2.2 B Slightly volatile Net Interest Income 17.9 B 21 B 15.9 B Slightly volatile Interest Income 33.3 B 65.3 B 30.1 B Slightly volatile Reconciled Depreciation 1.4 B 2.1 B 1.1 B Slightly volatile
Bank of Nova Scotia Cash Flow Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Begin Period Cash Flow 13.4 B 12.7 B 8.2 B Slightly volatile Depreciation 2.2 B 2.1 B 1.1 B Slightly volatile Dividends Paid 6.5 B 6.2 B 4.1 B Slightly volatile Capital Expenditures 898.8 M 508.3 M 1.3 B Very volatile Net Income 5.3 B 8.5 B 7.3 B Slightly volatile End Period Cash Flow 12.3 B 11.7 B 8.4 B Slightly volatile Change To Inventory 1 B 1.2 B 1.3 B Slightly volatile Stock Based Compensation 12.1 M 12.6 M 16.3 M Slightly volatile Change To Netincome 2.7 B 2.8 B 2.1 B Slightly volatile Issuance Of Capital Stock 1.9 B 1.6 B 1.9 B Pretty Stable
Financial Ratios		Trends
Current Value Last Year Historical Average  10 Year Trend Price To Sales Ratio 2.39 1.9 2.833 Slightly volatile Dividend Yield 0.0762 0.0726 0.0539 Slightly volatile PTB Ratio 1.85 1.0 1.3647 Pretty Stable Days Sales Outstanding 125 185 112 Slightly volatile Book Value Per Share 62.11 59.15 49.8927 Slightly volatile Average Payables 2.7 B 2.3 B 2.1 B Very volatile Stock Based Compensation To Revenue 0.0125 0.0119 0.0031 Slightly volatile Capex To Depreciation 0.27 0.28 1.7882 Pretty Stable PB Ratio 1.85 1.0 1.3647 Pretty Stable ROIC 0.0189 0.0199 0.1534 Slightly volatile Net Income Per Share 3.35 5.57 5.7895 Slightly volatile Payables Turnover 0.14 0.16 0.171 Slightly volatile Sales General And Administrative To Revenue 0.31 0.35 0.2767 Slightly volatile Capex To Revenue 0.0152 0.016 0.0536 Pretty Stable Cash Per Share 111 106 82.9482 Slightly volatile Interest Coverage 0.19 0.2 1.4274 Slightly volatile Payout Ratio 0.37 0.66 0.5153 Slightly volatile Days Payables Outstanding 1.7 K 1.9 K 2.1 K Slightly volatile ROE 0.17 0.11 0.1311 Pretty Stable PE Ratio 12.4 10.43 10.5303 Very volatile Return On Tangible Assets 0.0064 0.0048 0.0075 Slightly volatile Earnings Yield 0.0726 0.0992 0.0965 Very volatile Intangibles To Total Assets 0.0067 0.011 0.0125 Very volatile Current Ratio 0.26 0.27 2.7921 Slightly volatile Tangible Book Value Per Share 48.53 46.22 38.7773 Slightly volatile Receivables Turnover 2.81 2.04 3.5887 Slightly volatile Graham Number 89.41 85.15 80.3249 Slightly volatile Shareholders Equity Per Share 60.73 57.84 48.4601 Slightly volatile Debt To Equity 3.82 3.63 1.7068 Slightly volatile Capex Per Share 0.57 0.33 1.1079 Very volatile Average Receivables 3.5 B 3.2 B 2.9 B Pretty Stable Revenue Per Share 12.24 23.9 20.6928 Slightly volatile Interest Debt Per Share 276 263 113 Slightly volatile Debt To Assets 0.21 0.2 0.0969 Slightly volatile Price Earnings Ratio 12.4 10.43 10.5303 Very volatile Price Book Value Ratio 1.85 1.0 1.3647 Pretty Stable Days Of Payables Outstanding 1.7 K 1.9 K 2.1 K Slightly volatile Dividend Payout Ratio 0.37 0.66 0.5153 Slightly volatile Pretax Profit Margin 0.28 0.3069 0.3561 Slightly volatile Ebt Per Ebit 1.06 1.01 0.7109 Slightly volatile Operating Profit Margin 0.3 0.31 0.649 Slightly volatile Effective Tax Rate 0.28 0.26 0.2239 Pretty Stable Company Equity Multiplier 20.56 21.09 17.4208 Slightly volatile Long Term Debt To Capitalization 0.67 0.64 0.4069 Slightly volatile Total Debt To Capitalization 0.76 0.72 0.452 Slightly volatile Return On Capital Employed 0.0125 0.0131 0.0205 Slightly volatile Debt Equity Ratio 3.82 3.63 1.7068 Slightly volatile Ebit Per Revenue 0.3 0.31 0.649 Slightly volatile Quick Ratio 0.26 0.27 4.3325 Slightly volatile Net Income Per E B T 0.59 0.68 0.7451 Slightly volatile Cash Ratio 0.15 0.16 1.9966 Slightly volatile Days Of Sales Outstanding 125 185 112 Slightly volatile Free Cash Flow Operating Cash Flow Ratio 0.7 0.89 0.8497 Pretty Stable Price To Book Ratio 1.85 1.0 1.3647 Pretty Stable Fixed Asset Turnover 5.19 5.07 7.8219 Slightly volatile Debt Ratio 0.21 0.2 0.0969 Slightly volatile Price Sales Ratio 2.39 1.9 2.833 Slightly volatile Return On Assets 0.0063 0.0047 0.0074 Slightly volatile Asset Turnover 0.0332 0.0259 0.0279 Slightly volatile Net Profit Margin 0.21 0.2331 0.2711 Slightly volatile Gross Profit Margin 0.74 0.83 0.9044 Slightly volatile Price Fair Value 1.85 1.0 1.3647 Pretty Stable Return On Equity 0.17 0.11 0.1311 Pretty Stable Operating Cycle 87.7 98.67 107 Slightly volatile
Bank of Nova Scotia Valuation Data		Trends
Current Value Last Year Historical Average  10 Year Trend Market Cap 87.2 B 83.1 B 85.7 B Slightly volatile

Bank Fundamental Market Drivers

About Bank of Nova Scotia Financial Statements

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.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 Banks - Diversified Companies View

Largest Financial Services Companies View

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Earnings Projections Details

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.