Bank of Nova Scotia (BNS) — Cash Flow Quality Index
Bank of Nova Scotia (BNS) has a Cash Flow Quality Index of 4.60x as of July 2026. Operating cash flow of CA$13.38 Billion exceeds net income of CA$2.91 Billion, indicating high earnings quality where cash backs reported profits. Explore BNS cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see cash efficiency ratio of Bank of Nova Scotia.
Annual Cash Flow Quality Index for Bank of Nova Scotia (1995–2025)
Year-by-year earnings quality comparison for 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 | — |