Bank of Nova Scotia (TSX:BNS.PR.N.PFD) Interest Expense : C$-40,616.00 Mil (TTM As of Jan. 2024)

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What is Bank of Nova Scotia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bank of Nova Scotia's interest expense for the three months ended in Jan. 2024 was C$ -10,666.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-40,616.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Bank of Nova Scotia's Operating Income for the three months ended in Jan. 2024 was C$ Mil. Bank of Nova Scotia's Interest Expense for the three months ended in Jan. 2024 was C$ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bank of Nova Scotia Interest Expense Historical Data

The historical data trend for Bank of Nova Scotia's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank of Nova Scotia Interest Expense Chart

Bank of Nova Scotia Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Interest Expense

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-15,607.00

-12,392.00

-8,025.00

-15,443.00

-38,537.00

Bank of Nova Scotia Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-8,593.00	-9,404.00	-10,109.00	-10,437.00	-10,666.00

Bank of Nova Scotia Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-40,616.00 Mil.

Bank of Nova Scotia (TSX:BNS.PR.N.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Nova Scotia (TSX:BNS.PR.N.PFD) » Definitions » Interest Expense

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Traded in Other Exchanges

BNSPF.PFD:USA BNS:USA BNS:Mexico BKN:Germany BNS.PR.I.PFD:Canada BNS:Canada

Address

1709 Hollis Street, Scotia Plaza, 8th floor, Halifax, NS, CAN, B3J 1W1

Website

https://www.scotiabank.com

Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Central and South America.

Bank of Nova Scotia (TSX:BNS.PR.N.PFD) Headlines

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