Bank Net Debt To E B I T D A from 2010 to 2024

BNS Stock  USD 57.02  0.30  0.53%   
Bank of Nova Scotia Net Debt To EBITDA yearly trend continues to be comparatively stable with very little volatility. Net Debt To EBITDA is likely to outpace its year average in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
15.53
Current Value
16.31
Quarterly Volatility
10.09866495
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bank of Nova Scotia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of Nova Scotia's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 0.0 or Selling General Administrative of 28.9 B, as well as many indicators such as Price To Sales Ratio of 2.39, Dividend Yield of 0.0762 or PTB Ratio of 1.85. Bank financial statements analysis is a perfect complement when working with Bank of Nova Scotia Valuation or Volatility modules.
  
Check out the analysis of Bank of Nova Scotia Correlation against competitors.

Latest Bank of Nova Scotia's Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Bank of Nova over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Bank of Nova Scotia's Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bank of Nova Scotia's overall financial position and show how it may be relating to other accounts over time.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

Bank Net Debt To E B I T D A Regression Statistics

Arithmetic Mean1.98
Geometric Mean6.81
Coefficient Of Variation509.42
Mean Deviation9.04
Median(3.69)
Standard Deviation10.10
Sample Variance101.98
Range24.4238
R-Value0.81
Mean Square Error37.59
R-Squared0.66
Significance0.0002
Slope1.83
Total Sum of Squares1,428

Bank Net Debt To E B I T D A History

2024 16.31
2023 15.53
2021 17.26
2020 11.38
2019 -7.12
2018 -2.33
2017 -4.25

About Bank of Nova Scotia Financial Statements

Bank of Nova Scotia shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, to determine how well the company is positioned to perform in the future. Although Bank of Nova Scotia investors may analyze each financial statement separately, they are all interrelated. The changes in Bank of Nova Scotia's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bank of Nova Scotia's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt To EBITDA 15.53  16.31 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Bank Stock Analysis

When running Bank of Nova Scotia's price analysis, check to measure Bank of Nova Scotia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.