GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Nova Scotia (TSX:BNS.PR.F.PFD) » Definitions » Scaled Net Operating Assets

Bank of Nova Scotia (TSX:BNS.PR.F.PFD) Scaled Net Operating Assets : 0.15 (As of Jan. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Bank of Nova Scotia Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bank of Nova Scotia's operating assets for the quarter that ended in Jan. 2024 was C$1,221,444.00 Mil. Bank of Nova Scotia's operating liabilities for the quarter that ended in Jan. 2024 was C$1,006,607.00 Mil. Bank of Nova Scotia's Total Assets for the quarter that ended in Oct. 2023 was C$1,410,789.00 Mil. Therefore, Bank of Nova Scotia's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.15.

Bank of Nova Scotia Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bank of Nova Scotia's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(1320477-1018309)/1349418
=0.22

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1410789 - 90312
=1320477

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1332122 - 193882 - 119931
=1018309

Bank of Nova Scotia's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(1221444-1006607)/1410789
=0.15

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1392886 - 171442
=1221444

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1312434 - 186916 - 118911
=1006607

* 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.

Bank of Nova Scotia Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Bank of Nova Scotia's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Nova Scotia (TSX:BNS.PR.F.PFD) » Definitions » Scaled Net Operating Assets
Comparable Companies
TSX:BMO TSX:CM TSX:NA TSX:TD TSX:RY JPM BAC SHSE:601398 SHSE:601288 WFC SHSE:601988 SHSE:601939 LSE:HSBA ASX:CBA C TSE:8306 XSWX:UBSG XMAD:SAN TSE:8316 ASX:NAB
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.