Bank of Nova Scotia (BNS) — Cash Flow Quality Index
Bank of Nova Scotia (BNS) has a Cash Flow Quality Index of -3.96x as of January 2026. Operating cash flow of CA$-9.05 Billion is below net income of CA$2.29 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how efficiently does Bank of Nova Scotia generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Bank of Nova Scotia Cash Flow Quality Index (1995–2025)
Historical Cash Flow Quality Index for Bank of Nova Scotia across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Bank of Nova Scotia investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Bank of Nova Scotia (1995–2025)
Year-by-year earnings quality comparison for Bank of Nova Scotia. For live market cap and the full company financial profile, see market value of Bank of Nova Scotia.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.35x | CA$10.49 Billion | CA$7.76 Billion | ▼ -33.0% |
| 2024 | 2.02x | CA$15.65 Billion | CA$7.76 Billion | ▼ -52.9% |
| 2023 | 4.28x | CA$31.72 Billion | CA$7.41 Billion | ▲ +157.1% |
| 2022 | 1.67x | CA$16.94 Billion | CA$10.17 Billion | ▲ +229.4% |
| 2021 | -1.29x | CA$-12.81 Billion | CA$9.96 Billion | ▼ -140.7% |
| 2020 | 3.16x | CA$21.67 Billion | CA$6.85 Billion | ▲ +331.3% |
| 2019 | -1.37x | CA$-12.03 Billion | CA$8.80 Billion | ▼ -166.9% |
| 2018 | 2.04x | CA$17.81 Billion | CA$8.72 Billion | ▲ +1.5% |
| 2017 | 2.01x | CA$16.58 Billion | CA$8.24 Billion | ▲ +261.6% |
| 2016 | 0.56x | CA$4.10 Billion | CA$7.37 Billion | ▼ -71.0% |
| 2015 | 1.92x | CA$13.85 Billion | CA$7.21 Billion | ▲ +183.4% |
| 2014 | 0.68x | CA$4.94 Billion | CA$7.30 Billion | ▼ -53.4% |
| 2013 | 1.45x | CA$9.74 Billion | CA$6.70 Billion | ▲ +16.6% |
| 2012 | 1.25x | CA$8.07 Billion | CA$6.47 Billion | ▼ -42.0% |
| 2011 | 2.15x | CA$11.33 Billion | CA$5.27 Billion | ▲ +409.7% |
| 2010 | -0.69x | CA$-2.94 Billion | CA$4.24 Billion | ▲ +77.7% |
| 2009 | -3.11x | CA$-11.05 Billion | CA$3.55 Billion | ▼ -148.6% |
| 2008 | 6.41x | CA$20.11 Billion | CA$3.14 Billion | ▲ +1188.3% |
| 2007 | 0.50x | CA$2.01 Billion | CA$4.05 Billion | ▲ +129.8% |
| 2006 | -1.67x | CA$-5.96 Billion | CA$3.58 Billion | ▼ -61.0% |
| 2005 | -1.03x | CA$-3.32 Billion | CA$3.21 Billion | ▼ -414.3% |
| 2004 | 0.33x | CA$965.00 Million | CA$2.93 Billion | ▲ +111.5% |
| 2003 | -2.87x | CA$-7.11 Billion | CA$2.48 Billion | ▼ -69.3% |
| 2002 | -1.70x | CA$-3.05 Billion | CA$1.80 Billion | ▼ -704.9% |
| 2001 | -0.21x | CA$-457.07 Million | CA$2.17 Billion | ▲ +91.4% |
| 2000 | -2.45x | CA$-4.73 Billion | CA$1.93 Billion | ▼ -273.1% |
| 1999 | 1.42x | CA$2.20 Billion | CA$1.55 Billion | ▲ +859.4% |
| 1998 | 0.15x | CA$206.00 Million | CA$1.39 Billion | ▲ +473.7% |
| 1997 | 0.03x | CA$39.00 Million | CA$1.51 Billion | ▼ -98.8% |
| 1996 | 2.06x | CA$2.21 Billion | CA$1.07 Billion | ▲ +212.9% |
| 1995 | 0.66x | CA$578.00 Million | CA$876.00 Million | — |