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BNS Split II (TSX:BSC.PR.C.PFD) Equity-to-Asset : 0.55 (As of Mar. 2020)


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What is BNS Split II Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BNS Split II's Total Stockholders Equity for the quarter that ended in Mar. 2020 was C$10.08 Mil. BNS Split II's Total Assets for the quarter that ended in Mar. 2020 was C$18.19 Mil. Therefore, BNS Split II's Equity to Asset Ratio for the quarter that ended in Mar. 2020 was 0.55.

The historical rank and industry rank for BNS Split II's Equity-to-Asset or its related term are showing as below:

TSX:BSC.PR.C.PFD's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

BNS Split II Equity-to-Asset Historical Data

The historical data trend for BNS Split II's Equity-to-Asset 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.

* Premium members only.

BNS Split II Equity-to-Asset Chart

BNS Split II Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.69 0.72 0.71 0.70

BNS Split II Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.71 0.69 0.70 0.55

Competitive Comparison of BNS Split II's Equity-to-Asset

For the Asset Management subindustry, BNS Split II's Equity-to-Asset, along with its competitors' market caps and Equity-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.


BNS Split II's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNS Split II's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where BNS Split II's Equity-to-Asset falls into.



BNS Split II Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

BNS Split II's Equity to Asset Ratio for the fiscal year that ended in Sep. 2019 is calculated as

Equity to Asset (A: Sep. 2019 )=Total Stockholders Equity/Total Assets
=19.165/27.317
=0.70

BNS Split II's Equity to Asset Ratio for the quarter that ended in Mar. 2020 is calculated as

Equity to Asset (Q: Mar. 2020 )=Total Stockholders Equity/Total Assets
=10.081/18.189
=0.55

* 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.


BNS Split II  (TSX:BSC.PR.C.PFD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


BNS Split II Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of BNS Split II's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


BNS Split II (TSX:BSC.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
150 King Street West, 18th Floor, Toronto, ON, CAN, M5H 1J9
BNS Split Corp II is a Canada based company. It holds a portfolio consisting of common shares of the Bank of Nova Scotia in order to generate income for the holders of the company's preferred shares and to enable the holders of the company's capital shares to participate in any capital appreciation in the BNS shares. The company receives maximum revenue in the form of dividend income.

BNS Split II (TSX:BSC.PR.C.PFD) Headlines

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