Bank Other Liab vs Long Term Debt Analysis

BNS Stock  USD 53.04  1.14  2.20%   
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 Other Liab and its Long Term Debt 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.

Other Liab vs Long Term Debt

Other Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Nova Scotia Other Liab account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bank of Nova Scotia's Other Liab and Long Term Debt is 0.19. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Long Term Debt 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 Other Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Bank of Nova are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Liab i.e., Bank of Nova Scotia's Other Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Liab

Long Term Debt

Long-term debt is a debt that Bank of Nova Scotia has held for over one year. Long-term debt appears on Bank of Nova balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Bank of Nova balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Revenue30.9B31.1B31.8B20.9B

Bank of Nova Scotia fundamental ratios Correlations

0.620.70.910.660.520.880.140.910.720.690.810.560.250.390.470.71.00.620.850.94-0.21-0.30.950.80.29
0.620.870.520.860.940.520.340.610.810.550.390.850.460.430.930.180.620.930.70.610.190.010.620.680.54
0.70.870.580.810.820.560.250.640.830.720.510.770.40.410.690.40.710.830.850.720.06-0.110.690.680.43
0.910.520.580.50.370.980.450.960.640.620.520.520.520.490.480.630.90.450.720.79-0.30.050.80.90.52
0.660.860.810.50.830.480.170.650.880.60.520.860.30.440.710.390.670.950.80.550.17-0.110.690.610.31
0.520.940.820.370.830.390.190.470.680.530.390.720.320.230.830.030.520.950.650.540.19-0.080.550.520.43
0.880.520.560.980.480.390.430.950.60.570.50.520.50.490.490.530.870.460.750.77-0.230.040.760.860.52
0.140.340.250.450.170.190.430.420.340.18-0.460.430.980.340.52-0.010.120.150.05-0.03-0.290.890.030.70.92
0.910.610.640.960.650.470.950.420.710.610.550.650.510.470.570.610.910.590.810.76-0.240.030.790.890.5
0.720.810.830.640.880.680.60.340.710.520.460.920.460.740.70.530.720.80.750.620.220.010.70.750.43
0.690.550.720.620.60.530.570.180.610.520.530.340.290.050.40.550.690.560.730.61-0.4-0.130.690.620.26
0.810.390.510.520.520.390.5-0.460.550.460.530.27-0.350.130.150.630.820.50.720.86-0.02-0.80.840.3-0.27
0.560.850.770.520.860.720.520.430.650.920.340.270.550.690.830.280.560.810.680.460.320.170.510.690.55
0.250.460.40.520.30.320.50.980.510.460.29-0.350.550.380.610.040.230.280.20.08-0.260.830.140.780.95
0.390.430.410.490.440.230.490.340.470.740.050.130.690.380.430.330.380.350.420.310.530.170.310.480.32
0.470.930.690.480.710.830.490.520.570.70.40.150.830.610.430.010.470.80.530.410.20.260.420.680.67
0.70.180.40.630.390.030.53-0.010.610.530.550.630.280.040.330.010.70.190.560.59-0.31-0.280.620.51-0.08
1.00.620.710.90.670.520.870.120.910.720.690.820.560.230.380.470.70.630.850.94-0.2-0.320.960.790.28
0.620.930.830.450.950.950.460.150.590.80.560.50.810.280.350.80.190.630.750.580.21-0.150.670.570.34
0.850.70.850.720.80.650.750.050.810.750.730.720.680.20.420.530.560.850.750.80.04-0.310.790.640.22
0.940.610.720.790.550.540.77-0.030.760.620.610.860.460.080.310.410.590.940.580.8-0.12-0.470.920.640.18
-0.210.190.06-0.30.170.19-0.23-0.29-0.240.22-0.4-0.020.32-0.260.530.2-0.31-0.20.210.04-0.12-0.2-0.2-0.33-0.18
-0.30.01-0.110.05-0.11-0.080.040.890.030.01-0.13-0.80.170.830.170.26-0.28-0.32-0.15-0.31-0.47-0.2-0.390.330.73
0.950.620.690.80.690.550.760.030.790.70.690.840.510.140.310.420.620.960.670.790.92-0.2-0.390.710.19
0.80.680.680.90.610.520.860.70.890.750.620.30.690.780.480.680.510.790.570.640.64-0.330.330.710.76
0.290.540.430.520.310.430.520.920.50.430.26-0.270.550.950.320.67-0.080.280.340.220.18-0.180.730.190.76
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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 Total246.3B238.2B238.7B250.6B288.2B302.6B
Non Currrent Assets Other(2.2B)(2.1B)(1.9B)(3.5B)(4.1B)(4.3B)
Other Assets775.1B765.0B817.5B978.0B1.0T15.8B
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 Total8.5B162.8B142.7B195.3B224.6B235.9B
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)(92.9B)(142.7B)(136.9B)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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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.