Bank Historical Balance Sheet

BNS Stock  CAD 69.20  0.33  0.48%   
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.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
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 25th of March 2025, Retained Earnings is likely to grow to about 69.7 B, while Cash is likely to drop about 46.3 B.

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Bank of Nova Scotia, which is listed under current asset account on Bank of Nova balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bank of Nova Scotia customers. The amounts must be unrestricted with restricted cash listed in a different Bank of Nova Scotia account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
At this time, Bank of Nova Scotia's Net Debt is very stable compared to the past year. As of the 25th of March 2025, Retained Earnings is likely to grow to about 69.7 B, while Cash is likely to drop about 46.3 B.
 2022 2024 2025 (projected)
Short and Long Term Debt Total313.8B360.9B378.9B
Total Assets1.4T1.6T1.7T

Bank of Nova Scotia balance sheet Correlations

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0.720.40.310.420.760.460.290.70.590.60.420.32-0.010.70.380.41-0.150.710.390.680.710.260.910.90.81
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Bank of Nova Scotia Account Relationship Matchups

Bank of Nova Scotia balance sheet Accounts

202020212022202320242025 (projected)
Total Assets1.2T1.3T1.4T1.4T1.6T1.7T
Short Long Term Debt Total68.2B245.7B310.9B313.8B360.9B378.9B
Other Current Liab(65.6B)(94.2B)(143.1B)512.0B588.8B618.2B
Total Current Liabilities65.6B92.9B142.7B649.6B747.1B784.4B
Total Stockholder Equity70.8B73.2B76.9B82.4B94.7B99.5B
Property Plant And Equipment Net5.6B5.7B5.6B5.3B6.0B6.3B
Net Debt159.3B245.0B223.5B233.8B268.9B282.4B
Retained Earnings51.4B53.8B55.7B57.8B66.4B69.7B
Accounts Payable8.9B12.6B17.0B16.8B19.3B20.3B
Cash86.3B65.9B90.3B63.9B73.4B46.3B
Non Current Assets Total246.3B238.2B238.7B1.4T1.6T1.7T
Non Currrent Assets Other(246.3B)(2.1B)(1.9B)1.1T1.3T1.4T
Other Assets765.0B817.5B978.0B(150.4B)(173.0B)(164.3B)
Cash And Short Term Investments116.5B120.1B119.3B140.8B161.9B170.0B
Net Receivables9.1B13.4B14.0B7.5B8.6B5.7B
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.4B1.2B
Liabilities And Stockholders Equity1.1T1.2T1.3T1.4T1.6T1.7T
Non Current Liabilities Total8.5B162.8B142.7B644.4B741.1B778.1B
Other Stockholder Equity2.5B1.5B141M457M411.3M390.7M
Total Liab1.1T1.3T1.3T1.3T1.5T1.6T
Property Plant And Equipment Gross11.5B12.2B10.5B10.4B11.9B12.5B
Total Current Assets125.2B129.1B132.7B154.8B139.4B78.8B
Short Term Debt57.3B84.0B130.1B119.9B137.9B144.8B
Other Current Assets30.3B388.4B429.5B475.4B546.7B574.0B
Accumulated Other Comprehensive Income(1.8B)(5.1B)(7.3B)(7.0B)(6.3B)(6.0B)
Common Stock18.2B18.5B18.7B20.1B23.1B15.4B
Good Will8.8B8.9B9.2B9.0B10.3B8.0B
Short Term Investments33.7B53.4B50.5B44.3B51.0B34.0B
Intangible Assets7.8B8.0B8.0B7.9B9.1B5.8B
Other Liab66.3B71.5B76.1B70.6B81.2B66.6B
Net Tangible Assets47.7B49.1B53.4B56.1B64.5B49.9B
Long Term Debt6.3B177.4B190.7B194.3B223.5B234.6B
Inventory301M(388.4B)(429.5B)(475.4B)(427.8B)(406.4B)
Long Term Investments216.0B216.2B230.5B276.7B318.2B204.8B
Short Long Term Debt3.3B130.1B119.9B103.4B118.9B99.8B
Property Plant Equipment2.7B5.9B5.6B5.7B6.6B3.9B
Long Term Debt Total7.3B10.9B9.7B11.8B13.6B9.0B
Net Invested Capital93.6B372.7B379.5B371.3B427.0B448.3B

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 against Bank Stock

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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 CorrelationCorrelation 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:
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.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.