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 Bank of Nova Scotia (BNS) investment intensity to see how much of total assets are deployed in long-term investments.
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 (BNS) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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 Bank of Nova Scotia stock valuation.
| 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 | — |