Bank of Nova Scotia (TSX:BNS.PR.O.PFD) Debt-to-Asset : 0.22 (As of Jan. 2024)

Bank of Nova Scotia Debt-to-Asset Chart

Bank of Nova Scotia Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Debt-to-Asset		Get a 7-Day Free Trial					0.23	0.19	0.21	0.23	0.22

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
Debt-to-Asset	Get a 7-Day Free Trial															0.22	0.22	0.23	0.22	0.22

Competitive Comparison of Bank of Nova Scotia's Debt-to-Asset

For the Banks - Diversified subindustry, Bank of Nova Scotia's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bank of Nova Scotia's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Nova Scotia's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Bank of Nova Scotia's Debt-to-Asset falls into.

Bank of Nova Scotia Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bank of Nova Scotia's Debt-to-Asset for the fiscal year that ended in Oct. 2023 is calculated as

Bank of Nova Scotia's Debt-to-Asset for the quarter that ended in Jan. 2024 is calculated as

* 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  (TSX:BNS.PR.O.PFD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Bank of Nova Scotia Debt-to-Asset Related Terms

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