Bank Short Long Term Debt Total vs Other Stockholder Equity Analysis

BNS Stock  USD 57.02  0.30  0.53%   
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 Short Long Term Debt Total and its Other Stockholder Equity 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.

Short Long Term Debt Total vs Other Stockholder Equity

Short Long Term Debt Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Nova Scotia Short Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bank of Nova Scotia's Short Long Term Debt Total and Other Stockholder Equity is 0.18. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Stockholder Equity 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 Short Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Bank of Nova are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., Bank of Nova Scotia's Short Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Long Term Debt Total

Other Stockholder Equity

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. Issuance Of Capital Stock is likely to gain to about 1.9 B in 2024, whereas Tax Provision is likely to drop slightly above 2.5 B in 2024.
 2020 2021 2022 2024 (projected)
Gross Profit30.9B31.1B31.8B19.4B
Total Revenue30.9B31.1B29.3B20.8B

Bank of Nova Scotia fundamental ratios Correlations

0.620.70.910.660.520.880.140.910.310.220.490.560.250.390.290.71.00.620.850.94-0.21-0.150.950.80.29
0.620.870.520.860.940.520.340.610.81-0.350.110.850.460.430.820.180.620.930.70.610.190.180.620.680.54
0.70.870.580.810.820.560.250.640.72-0.140.270.770.40.410.710.40.710.830.850.720.060.010.690.680.43
0.910.520.580.50.370.980.450.960.260.210.330.520.520.490.260.630.90.450.720.79-0.30.170.80.90.52
0.660.860.810.50.830.480.170.650.73-0.220.310.860.30.440.710.390.670.950.80.550.170.030.690.610.31
0.520.940.820.370.830.390.190.470.79-0.360.090.720.320.230.80.030.520.950.650.540.190.10.550.520.43
0.880.520.560.980.480.390.430.950.260.170.280.520.50.490.250.530.870.460.750.77-0.230.170.760.860.52
0.140.340.250.450.170.190.430.420.42-0.21-0.320.430.980.340.44-0.010.120.150.05-0.03-0.290.90.030.70.92
0.910.610.640.960.650.470.950.420.380.090.280.650.510.470.370.610.910.590.810.76-0.240.150.790.890.5
0.310.810.720.260.730.790.260.420.38-0.69-0.330.780.520.361.00.130.310.720.490.250.250.210.210.510.56
0.22-0.35-0.140.21-0.22-0.360.17-0.210.09-0.690.7-0.46-0.22-0.25-0.70.30.21-0.250.070.19-0.55-0.130.330.01-0.32
0.490.110.270.330.310.090.28-0.320.28-0.330.70.04-0.270.14-0.360.470.50.270.40.51-0.17-0.290.670.17-0.36
0.560.850.770.520.860.720.520.430.650.78-0.460.040.550.690.770.280.560.810.680.460.320.260.510.690.55
0.250.460.40.520.30.320.50.980.510.52-0.22-0.270.550.380.540.040.230.280.20.08-0.260.860.140.780.95
0.390.430.410.490.440.230.490.340.470.36-0.250.140.690.380.330.330.380.350.420.310.530.210.310.480.32
0.290.820.710.260.710.80.250.440.371.0-0.7-0.360.770.540.330.070.290.720.460.240.240.240.190.510.59
0.70.180.40.630.390.030.53-0.010.610.130.30.470.280.040.330.070.70.190.560.59-0.31-0.340.620.51-0.08
1.00.620.710.90.670.520.870.120.910.310.210.50.560.230.380.290.70.630.850.94-0.2-0.160.960.790.28
0.620.930.830.450.950.950.460.150.590.72-0.250.270.810.280.350.720.190.630.750.580.210.060.670.570.34
0.850.70.850.720.80.650.750.050.810.490.070.40.680.20.420.460.560.850.750.80.04-0.180.790.640.22
0.940.610.720.790.550.540.77-0.030.760.250.190.510.460.080.310.240.590.940.580.8-0.12-0.310.920.640.18
-0.210.190.06-0.30.170.19-0.23-0.29-0.240.25-0.55-0.170.32-0.260.530.24-0.31-0.20.210.04-0.12-0.21-0.2-0.33-0.18
-0.150.180.010.170.030.10.170.90.150.21-0.13-0.290.260.860.210.24-0.34-0.160.06-0.18-0.31-0.21-0.170.440.78
0.950.620.690.80.690.550.760.030.790.210.330.670.510.140.310.190.620.960.670.790.92-0.2-0.170.710.19
0.80.680.680.90.610.520.860.70.890.510.010.170.690.780.480.510.510.790.570.640.64-0.330.440.710.76
0.290.540.430.520.310.430.520.920.50.56-0.32-0.360.550.950.320.59-0.080.280.340.220.18-0.180.780.190.76
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Bank of Nova Scotia Account Relationship Matchups

Bank of Nova Scotia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1T1.1T1.2T1.3T1.4T638.6B
Short Long Term Debt Total68.2B245.7B310.9B313.8B360.9B378.9B
Total Current Liabilities65.6B92.9B142.7B136.9B157.4B165.3B
Total Stockholder Equity67.5B68.1B70.8B73.2B76.9B40.6B
Property Plant And Equipment Net5.9B5.6B5.7B5.6B6.5B6.8B
Net Debt(69.1B)159.3B245.0B223.5B257.0B269.9B
Retained Earnings44.4B46.3B51.4B53.8B55.7B28.9B
Accounts Payable9.2B8.3B8.9B12.6B17.0B402.2B
Cash46.7B76.5B86.3B65.9B90.3B44.4B
Non Current Assets Total246.3B238.2B238.7B1.6T1.9T2.0T
Non Currrent Assets Other(2.2B)(2.1B)(1.9B)(253.3B)(228.0B)(216.6B)
Other Assets775.1B765.0B817.5B978.0B(380.9B)15.8B
Cash And Short Term Investments116.5B120.1B119.3B140.8B161.9B170.0B
Net Receivables7.8B8.7B9.1B13.4B14.0B59.0B
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.4B1.2B
Liabilities And Stockholders Equity1.1T1.2T1.3T1.4T1.6T1.7T
Non Current Liabilities Total8.5B162.8B142.7B1.3T1.5T1.6T
Other Stockholder Equity6.8B7.2B141M(5.7B)773M(2.9B)
Total Liab1.0T1.1T1.1T1.3T1.3T596.9B
Property Plant And Equipment Gross5.9B11.5B12.2B10.5B12.1B12.7B
Total Current Assets125.2B129.1B132.7B154.8B139.4B72.3B
Short Term Debt113.5B57.3B84.0B130.1B119.9B38.5B
Other Current Assets336.1B388.4B429.5B475.4B546.7B356.2B
Other Current Liab(122.7B)(65.6B)(1.3B)(464M)(137.6B)167.4B
Other Liab66.3B71.5B76.1B103.1B68.9B49.4B
Net Tangible Assets47.7B49.1B53.4B56.1B59.4B71.8B
Long Term Debt7.3B7.4B6.3B177.4B190.7B340.1B
Good Will9.6B9.3B8.8B8.9B9.2B5.7B
Short Term Investments40.0B33.7B53.4B50.5B58.1B32.1B
Inventory(336.1B)(388.4B)(429.5B)(475.4B)(427.8B)(406.4B)
Long Term Investments221.6B235.1B216.0B216.2B227.8B724.0B
Short Long Term Debt8.0B57.3B3.3B130.1B119.9B59.2B
Accumulated Other Comprehensive Income(1.8B)(5.1B)(7.3B)(7.0B)(6.3B)(6.0B)
Intangible Assets7.8B7.7B7.8B8.0B8.0B3.5B
Common Stock18.3B18.2B18.5B18.7B20.1B19M
Property Plant Equipment5.9B5.6B5.7B5.6B6.5B9.6B
Long Term Debt Total7.3B10.9B9.7B11.8B13.6B9.0B
Capital Lease Obligations3.5B3.4B3.3B3.2B3.7B3.9B

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