Bank Cash Ratio from 2010 to 2024

BNS Stock  USD 56.45  0.23  0.41%   
Bank of Nova Scotia Cash Ratio yearly trend continues to be comparatively stable with very little volatility. Cash Ratio will likely drop to 0.15 in 2024. From the period from 2010 to 2024, Bank of Nova Scotia Cash Ratio quarterly data regression had r-value of (0.71) and coefficient of variation of  140.65. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.16
Current Value
0.15
Quarterly Volatility
2.80816256
 
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Check Bank of Nova Scotia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of Nova Scotia's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 0.0 or Selling General Administrative of 28.9 B, as well as many indicators such as Price To Sales Ratio of 2.39, Dividend Yield of 0.0762 or PTB Ratio of 1.85. Bank financial statements analysis is a perfect complement when working with Bank of Nova Scotia Valuation or Volatility modules.
  
Check out the analysis of Bank of Nova Scotia Correlation against competitors.

Latest Bank of Nova Scotia's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Bank of Nova over the last few years. It is Bank of Nova Scotia's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bank of Nova Scotia's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Bank Cash Ratio Regression Statistics

Arithmetic Mean2.00
Geometric Mean0.83
Coefficient Of Variation140.65
Mean Deviation2.18
Median0.61
Standard Deviation2.81
Sample Variance7.89
Range7.5379
R-Value(0.71)
Mean Square Error4.19
R-Squared0.51
Significance0
Slope(0.45)
Total Sum of Squares110.40

Bank Cash Ratio History

2024 0.15
2023 0.16
2022 0.14
2021 0.46
2020 0.93
2019 1.17
2018 0.38

About Bank of Nova Scotia Financial Statements

Bank of Nova Scotia shareholders use historical fundamental indicators, such as Cash Ratio, to determine how well the company is positioned to perform in the future. Although Bank of Nova Scotia investors may analyze each financial statement separately, they are all interrelated. The changes in Bank of Nova Scotia's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bank of Nova Scotia's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Ratio 0.16  0.15 

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Additional Tools for Bank Stock Analysis

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.