Bank of Nova Scotia (BNS) - Cash Flow Conversion Efficiency

Latest as of January 2026: -0.102x

Based on the latest financial reports, Bank of Nova Scotia (BNS) has a cash flow conversion efficiency ratio of -0.102x as of January 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-9.05 Billion ≈ $-6.55 Billion USD) by net assets (CA$89.02 Billion ≈ $64.40 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Bank of Nova Scotia - Cash Flow Conversion Efficiency Trend (1995–2025)

This chart illustrates how Bank of Nova Scotia's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Bank of Nova Scotia Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Bank of Nova Scotia ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Sandisk Corp NASDAQ:SNDK	0.100x
Seagate Technology PLC NASDAQ:STX	1.575x
Equinix Inc NASDAQ:EQIX	0.081x
ESSILORLUXOTTICA 1/2/O.N. F:ESLC	N/A
Boston Scientific Corp NYSE:BSX	0.057x
CHRISTIAN DIOR ADR1/4/EO2 F:DIO0	N/A
Canadian Natural Resources Ltd TO:CNQ	0.097x
Blackstone Group Inc NYSE:BX	0.000x

Annual Cash Flow Conversion Efficiency for Bank of Nova Scotia (1995–2025)

The table below shows the annual cash flow conversion efficiency of Bank of Nova Scotia from 1995 to 2025.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-10-31	CA$88.59 Billion ≈ $64.08 Billion	CA$10.49 Billion ≈ $7.59 Billion	0.118x	-36.40%
2024-10-31	CA$84.08 Billion ≈ $60.82 Billion	CA$15.65 Billion ≈ $11.32 Billion	0.186x	-53.84%
2023-10-31	CA$78.67 Billion ≈ $56.91 Billion	CA$31.72 Billion ≈ $22.95 Billion	0.403x	+77.91%
2022-10-31	CA$74.75 Billion ≈ $54.07 Billion	CA$16.94 Billion ≈ $12.26 Billion	0.227x	+229.01%
2021-10-31	CA$72.89 Billion ≈ $52.73 Billion	CA$-12.81 Billion ≈ $-9.26 Billion	-0.176x	-157.17%
2020-10-31	CA$70.50 Billion ≈ $51.00 Billion	CA$21.67 Billion ≈ $15.68 Billion	0.307x	+279.40%
2019-10-31	CA$70.19 Billion ≈ $50.78 Billion	CA$-12.03 Billion ≈ $-8.70 Billion	-0.171x	-165.10%
2018-10-31	CA$67.68 Billion ≈ $48.96 Billion	CA$17.81 Billion ≈ $12.88 Billion	0.263x	-2.21%
2017-10-31	CA$61.62 Billion ≈ $44.58 Billion	CA$16.58 Billion ≈ $12.00 Billion	0.269x	+279.61%
2016-10-31	CA$57.82 Billion ≈ $41.83 Billion	CA$4.10 Billion ≈ $2.97 Billion	0.071x	-72.62%
2015-10-31	CA$53.48 Billion ≈ $38.69 Billion	CA$13.85 Billion ≈ $10.02 Billion	0.259x	+157.72%
2014-10-31	CA$49.21 Billion ≈ $35.60 Billion	CA$4.94 Billion ≈ $3.58 Billion	0.100x	-52.00%
2013-10-31	CA$46.55 Billion ≈ $33.67 Billion	CA$9.74 Billion ≈ $7.05 Billion	0.209x	+7.34%
2012-10-31	CA$41.38 Billion ≈ $29.93 Billion	CA$8.07 Billion ≈ $5.84 Billion	0.195x	-42.53%
2011-10-31	CA$33.40 Billion ≈ $24.16 Billion	CA$11.33 Billion ≈ $8.20 Billion	0.339x	+425.02%
2010-10-31	CA$28.21 Billion ≈ $20.41 Billion	CA$-2.94 Billion ≈ $-2.13 Billion	-0.104x	+76.07%
2009-10-31	CA$25.33 Billion ≈ $18.32 Billion	CA$-11.05 Billion ≈ $-7.99 Billion	-0.436x	-148.02%
2008-10-31	CA$22.14 Billion ≈ $16.02 Billion	CA$20.11 Billion ≈ $14.55 Billion	0.908x	+771.62%
2007-10-31	CA$19.30 Billion ≈ $13.96 Billion	CA$2.01 Billion ≈ $1.45 Billion	0.104x	+131.42%
2006-10-31	CA$17.98 Billion ≈ $13.01 Billion	CA$-5.96 Billion ≈ $-4.31 Billion	-0.332x	-63.64%
2005-10-31	CA$16.39 Billion ≈ $11.85 Billion	CA$-3.32 Billion ≈ $-2.40 Billion	-0.203x	-467.88%
2004-10-31	CA$17.52 Billion ≈ $12.67 Billion	CA$965.00 Million ≈ $698.07 Million	0.055x	+113.13%
2003-10-31	CA$16.94 Billion ≈ $12.25 Billion	CA$-7.11 Billion ≈ $-5.14 Billion	-0.420x	-129.82%
2002-10-31	CA$16.69 Billion ≈ $12.07 Billion	CA$-3.05 Billion ≈ $-2.21 Billion	-0.183x	-527.07%
2001-10-31	CA$15.69 Billion ≈ $11.35 Billion	CA$-457.07 Million ≈ $-330.64 Million	-0.029x	+91.56%
2000-10-31	CA$13.70 Billion ≈ $9.91 Billion	CA$-4.73 Billion ≈ $-3.42 Billion	-0.345x	-282.06%
1999-10-31	CA$11.60 Billion ≈ $8.39 Billion	CA$2.20 Billion ≈ $1.59 Billion	0.190x	+910.72%
1998-10-31	CA$10.99 Billion ≈ $7.95 Billion	CA$206.00 Million ≈ $149.02 Million	0.019x	+358.40%
1997-10-31	CA$9.54 Billion ≈ $6.90 Billion	CA$39.00 Million ≈ $28.21 Million	0.004x	-98.55%
1996-10-31	CA$7.85 Billion ≈ $5.68 Billion	CA$2.21 Billion ≈ $1.60 Billion	0.281x	+262.52%
1995-10-31	CA$7.45 Billion ≈ $5.39 Billion	CA$578.00 Million ≈ $418.12 Million	0.078x	--

About Bank of Nova Scotia

TO:BNS Canada Banks - Diversified

Market Cap

$92.23 Billion

CA$127.50 Billion CAD

Market Cap Rank

#276 Global

#9 in Canada

Share Price

CA$103.54

Change (1 day)

+0.80%

52-Week Range

CA$68.03 - CA$105.75

All Time High

CA$105.75