National Bank of Canada (NA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, National Bank of Canada (NA) has a cash flow conversion efficiency ratio of 0.113x as of April 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$3.78 Billion ≈ $2.73 Billion USD) by net assets (CA$33.58 Billion ≈ $24.29 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of National Bank of Canada to measure how much of total assets are equity-financed.
National Bank of Canada - Cash Flow Conversion Efficiency Trend (1993–2025)
This chart illustrates how National Bank of Canada's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
National Bank of Canada Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of National Bank of Canada ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ENGIE ADR/1 EO 1
F:GZFB
|
N/A |
|
Lloyds Banking Group plc
F:LLD2
|
N/A |
|
Boston Scientific Corp
NYSE:BSX
|
0.013x |
|
Atlas Copco A ADR
F:ACO
|
0.044x |
|
Honeywell Aerospace Inc
NASDAQ:HONA
|
0.065x |
|
Digital Realty Trust Inc
NYSE:DLR
|
0.021x |
|
NETEASE INC. O.N.
F:4Y01
|
0.090x |
|
Comfort Systems USA Inc
NYSE:FIX
|
0.138x |
Annual Cash Flow Conversion Efficiency for National Bank of Canada (1993–2025)
The table below shows the annual cash flow conversion efficiency of National Bank of Canada from 1993 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of National Bank of Canada.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-10-31 | CA$33.77 Billion ≈ $24.43 Billion |
CA$4.63 Billion ≈ $3.35 Billion |
0.137x | -24.62% |
| 2024-10-31 | CA$25.55 Billion ≈ $18.48 Billion |
CA$4.65 Billion ≈ $3.37 Billion |
0.182x | -16.55% |
| 2023-10-31 | CA$23.68 Billion ≈ $17.13 Billion |
CA$5.17 Billion ≈ $3.74 Billion |
0.218x | +346.85% |
| 2022-10-31 | CA$21.75 Billion ≈ $15.73 Billion |
CA$-1.92 Billion ≈ $-1.39 Billion |
-0.088x | -127.35% |
| 2021-10-31 | CA$18.68 Billion ≈ $13.51 Billion |
CA$6.04 Billion ≈ $4.37 Billion |
0.323x | -73.50% |
| 2020-10-31 | CA$16.38 Billion ≈ $11.85 Billion |
CA$19.98 Billion ≈ $14.45 Billion |
1.220x | +122.95% |
| 2019-10-31 | CA$15.14 Billion ≈ $10.95 Billion |
CA$8.28 Billion ≈ $5.99 Billion |
0.547x | +33.91% |
| 2018-10-31 | CA$14.36 Billion ≈ $10.38 Billion |
CA$5.86 Billion ≈ $4.24 Billion |
0.408x | +242.43% |
| 2017-10-31 | CA$12.75 Billion ≈ $9.22 Billion |
CA$1.52 Billion ≈ $1.10 Billion |
0.119x | -73.45% |
| 2016-10-31 | CA$12.10 Billion ≈ $8.75 Billion |
CA$5.44 Billion ≈ $3.93 Billion |
0.449x | -19.96% |
| 2015-10-31 | CA$11.36 Billion ≈ $8.21 Billion |
CA$6.38 Billion ≈ $4.61 Billion |
0.561x | +42.18% |
| 2014-10-31 | CA$10.50 Billion ≈ $7.60 Billion |
CA$4.15 Billion ≈ $3.00 Billion |
0.395x | +407.95% |
| 2013-10-31 | CA$8.95 Billion ≈ $6.48 Billion |
CA$696.00 Million ≈ $503.48 Million |
0.078x | -67.05% |
| 2012-10-31 | CA$8.24 Billion ≈ $5.96 Billion |
CA$1.94 Billion ≈ $1.41 Billion |
0.236x | -14.75% |
| 2011-10-31 | CA$7.50 Billion ≈ $5.43 Billion |
CA$2.08 Billion ≈ $1.50 Billion |
0.277x | +190.21% |
| 2010-10-31 | CA$17.85 Billion ≈ $12.92 Billion |
CA$-5.48 Billion ≈ $-3.96 Billion |
-0.307x | -537.97% |
| 2009-10-31 | CA$7.67 Billion ≈ $5.55 Billion |
CA$-369.00 Million ≈ $-266.93 Million |
-0.048x | +76.66% |
| 2008-10-31 | CA$7.54 Billion ≈ $5.45 Billion |
CA$-1.55 Billion ≈ $-1.12 Billion |
-0.206x | -143.91% |
| 2007-10-31 | CA$5.60 Billion ≈ $4.05 Billion |
CA$2.63 Billion ≈ $1.90 Billion |
0.469x | +204.73% |
| 2006-10-31 | CA$5.36 Billion ≈ $3.88 Billion |
CA$-2.40 Billion ≈ $-1.74 Billion |
-0.448x | +59.36% |
| 2005-10-31 | CA$5.08 Billion ≈ $3.68 Billion |
CA$-5.60 Billion ≈ $-4.05 Billion |
-1.102x | -1887.89% |
| 2004-10-31 | CA$4.57 Billion ≈ $3.31 Billion |
CA$282.00 Million ≈ $203.99 Million |
0.062x | +105.87% |
| 2003-10-31 | CA$4.50 Billion ≈ $3.25 Billion |
CA$-4.72 Billion ≈ $-3.42 Billion |
-1.051x | -214.86% |
| 2002-10-31 | CA$4.39 Billion ≈ $3.17 Billion |
CA$-1.46 Billion ≈ $-1.06 Billion |
-0.334x | -43.83% |
| 2001-10-31 | CA$4.60 Billion ≈ $3.33 Billion |
CA$-1.07 Billion ≈ $-772.57 Million |
-0.232x | -199.48% |
| 2000-10-31 | CA$4.30 Billion ≈ $3.11 Billion |
CA$1.00 Billion ≈ $724.83 Million |
0.233x | +39.72% |
| 1999-10-31 | CA$3.74 Billion ≈ $2.71 Billion |
CA$625.00 Million ≈ $452.12 Million |
0.167x | +71.63% |
| 1998-10-31 | CA$3.22 Billion ≈ $2.33 Billion |
CA$313.00 Million ≈ $226.42 Million |
0.097x | -80.05% |
| 1997-10-31 | CA$3.23 Billion ≈ $2.33 Billion |
CA$1.57 Billion ≈ $1.14 Billion |
0.488x | +1669.99% |
| 1996-10-31 | CA$2.54 Billion ≈ $1.84 Billion |
CA$70.00 Million ≈ $50.64 Million |
0.028x | -93.52% |
| 1995-10-31 | CA$2.36 Billion ≈ $1.71 Billion |
CA$1.00 Billion ≈ $725.55 Million |
0.425x | +158.74% |
| 1994-10-31 | CA$2.36 Billion ≈ $1.71 Billion |
CA$387.70 Million ≈ $280.46 Million |
0.164x | -37.82% |
| 1993-10-31 | CA$2.01 Billion ≈ $1.46 Billion |
CA$531.40 Million ≈ $384.41 Million |
0.264x | -- |
About National Bank of Canada
National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers banking, financing, and investing services to individuals, adv… Read more