Bank of Nova Scotia (BNS) — Tangible Net Worth Ratio
Bank of Nova Scotia (BNS) has a Tangible Net Worth Ratio of 81.9% as of January 2026. This metric is calculated by deducting intangible assets (CA$16.12 Billion) from net assets (CA$89.02 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is Bank of Nova Scotia's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bank of Nova Scotia Tangible Net Worth Ratio (1995–2025)
This chart shows how Bank of Nova Scotia's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of January 2026, the ratio stands at 81.9%, reflecting net assets of CA$89.02 Billion with intangible assets of CA$16.12 Billion CAD. See Bank of Nova Scotia liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Bank of Nova Scotia (1995–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Bank of Nova Scotia from 1995 to 2025, covering 31 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Bank of Nova Scotia (BNS) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.4% | CA$88.59 Billion | CA$7.58 Billion | CA$1.46 Trillion | ▲ +0.8 pp |
| 2024 | 90.6% | CA$84.08 Billion | CA$7.89 Billion | CA$1.41 Trillion | ▲ +0.8 pp |
| 2023 | 89.8% | CA$78.67 Billion | CA$8.01 Billion | CA$1.41 Trillion | ▲ +0.5 pp |
| 2022 | 89.4% | CA$74.75 Billion | CA$7.96 Billion | CA$1.35 Trillion | ▼ 0.0 pp |
| 2021 | 89.4% | CA$72.89 Billion | CA$7.76 Billion | CA$1.18 Trillion | ▲ +0.3 pp |
| 2020 | 89.0% | CA$70.50 Billion | CA$7.74 Billion | CA$1.14 Trillion | ▲ +0.2 pp |
| 2019 | 88.8% | CA$70.19 Billion | CA$7.83 Billion | CA$1.09 Trillion | ▲ +0.2 pp |
| 2018 | 88.6% | CA$67.68 Billion | CA$7.71 Billion | CA$998.49 Billion | ▼ -3.5 pp |
| 2017 | 92.1% | CA$61.62 Billion | CA$4.86 Billion | CA$915.27 Billion | ▲ +0.3 pp |
| 2016 | 91.8% | CA$57.82 Billion | CA$4.76 Billion | CA$896.27 Billion | ▲ +0.1 pp |
| 2015 | 91.7% | CA$53.48 Billion | CA$4.43 Billion | CA$856.50 Billion | ▼ -0.2 pp |
| 2014 | 91.9% | CA$49.21 Billion | CA$3.98 Billion | CA$805.67 Billion | ▲ +0.2 pp |
| 2013 | 91.8% | CA$46.55 Billion | CA$3.84 Billion | CA$743.79 Billion | ▲ +0.1 pp |
| 2012 | 91.7% | CA$41.38 Billion | CA$3.45 Billion | CA$668.04 Billion | ▲ +1.5 pp |
| 2011 | 90.2% | CA$33.40 Billion | CA$3.29 Billion | CA$575.26 Billion | ▼ -7.8 pp |
| 2010 | 97.9% | CA$28.21 Billion | CA$589.00 Million | CA$526.66 Billion | ▲ +0.1 pp |
| 2009 | 97.8% | CA$25.33 Billion | CA$561.00 Million | CA$496.52 Billion | ▼ -2.2 pp |
| 2008 | 100.0% | CA$22.14 Billion | CA$0.00 | CA$507.63 Billion | ▲ +1.4 pp |
| 2007 | 98.6% | CA$19.30 Billion | CA$273.00 Million | CA$411.51 Billion | ▲ +0.2 pp |
| 2006 | 98.4% | CA$17.98 Billion | CA$294.00 Million | CA$379.01 Billion | ▲ +14.1 pp |
| 2005 | 84.3% | CA$16.39 Billion | CA$2.58 Billion | CA$314.03 Billion | ▼ -0.7 pp |
| 2004 | 85.0% | CA$17.52 Billion | CA$2.63 Billion | CA$279.21 Billion | ▲ +2.7 pp |
| 2003 | 82.3% | CA$16.94 Billion | CA$3.00 Billion | CA$285.89 Billion | ▲ +2.7 pp |
| 2002 | 79.6% | CA$16.69 Billion | CA$3.40 Billion | CA$296.38 Billion | ▲ +2.7 pp |
| 2001 | 76.9% | CA$15.69 Billion | CA$3.63 Billion | CA$284.42 Billion | ▲ +2.8 pp |
| 2000 | 74.1% | CA$13.70 Billion | CA$3.55 Billion | CA$253.17 Billion | ▲ +0.7 pp |
| 1999 | 73.4% | CA$11.60 Billion | CA$3.08 Billion | CA$222.69 Billion | ▲ +0.6 pp |
| 1998 | 72.8% | CA$10.99 Billion | CA$2.99 Billion | CA$233.59 Billion | ▲ +12.8 pp |
| 1997 | 60.0% | CA$9.54 Billion | CA$3.81 Billion | CA$195.15 Billion | ▼ -40.0 pp |
| 1996 | 100.0% | CA$7.85 Billion | CA$0.00 | CA$157.26 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | CA$7.45 Billion | CA$0.00 | CA$147.19 Billion | — |