Bank Of Nova Scotia annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Bank Of Nova Scotia Debt-to-Equity Ratio Growth & History (BNS)
Bank Of Nova Scotia's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Bank Of Nova Scotia company overviewBank Of Nova Scotia annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-31 | 0.03 | −0.00 | −6.04% |
| 2024 | 2024-10-31 | 0.04 | −0.01 | −13.12% |
| 2023 | 2023-10-31 | 0.04 | −0.00 | −8.18% |
| 2022 | 2022-10-31 | 0.05 | −0.00 | −5.86% |
| 2021 | 2021-10-31 | 0.05 | −0.00 | −5.49% |
| 2020 | 2020-10-31 | 0.05 | — | — |
Bank Of Nova Scotia quarterly debt-to-equity ratio
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-07-31 | 3.92 | 0.32 | +8.79% |
| Q2 2026 | 2026-04-30 | 3.90 | 0.34 | +9.68% |
| Q1 2026 | 2026-01-31 | 3.65 | — | — |
| Q4 2025 | 2025-10-31 | 0.03 | −0.00 | −6.04% |
| Q3 2025 | 2025-07-31 | 3.60 | — | — |
| Q2 2025 | 2025-04-30 | 3.56 | — | — |
| Q4 2024 | 2024-10-31 | 0.04 | −0.01 | −13.12% |
| Q4 2023 | 2023-10-31 | 0.04 | −0.00 | −8.18% |
| Q4 2022 | 2022-10-31 | 0.05 | −0.00 | −5.86% |
| Q4 2021 | 2021-10-31 | 0.05 | −0.00 | −5.49% |
| Q4 2020 | 2020-10-31 | 0.05 | — | — |
Bank Of Nova Scotia debt-to-equity ratio trends
Over the last five fiscal years, Bank Of Nova Scotia's debt-to-equity ratio decreased from 0.05 to 0.03, a change of −0.02. The latest reported quarter, Q3 2026, shows 3.92.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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