Bank of Nova Scotia (BNS) — Net Asset Quality Index

Latest as of January 2026: 6.0%

Bank of Nova Scotia (BNS) has a Net Asset Quality Index of 6.0% as of January 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.48 Trillion minus total liabilities of CA$1.39 Trillion yields net assets of CA$89.02 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Bank of Nova Scotia defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Quality Index

6.0%
Equity / Total Assets

Net Assets

CA$89.02 Billion
CAD

Total Assets

CA$1.48 Trillion
CAD

Total Liabilities

CA$1.39 Trillion
CAD

Bank of Nova Scotia Net Asset Quality Index Over Time (1995–2025)

This chart shows how Bank of Nova Scotia's Net Asset Quality Index has evolved across 31 annual periods from 1995 to 2025. As of January 2026, the index stands at 6.0%, representing net assets of CA$89.02 Billion against total assets of CA$1.48 Trillion CAD. Explore Bank of Nova Scotia (BNS) cash conversion ratio to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Bank of Nova Scotia (1995–2025)

The table below presents the year-by-year Net Asset Quality Index for Bank of Nova Scotia from 1995 to 2025, covering 31 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is Bank of Nova Scotia worth.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2025 6.1% CA$88.59 Billion CA$1.46 Trillion CA$1.37 Trillion ▲ +0.1 pp
2024 6.0% CA$84.08 Billion CA$1.41 Trillion CA$1.33 Trillion ▲ +0.4 pp
2023 5.6% CA$78.67 Billion CA$1.41 Trillion CA$1.33 Trillion ▲ +0.0 pp
2022 5.5% CA$74.75 Billion CA$1.35 Trillion CA$1.27 Trillion ▼ -0.6 pp
2021 6.2% CA$72.89 Billion CA$1.18 Trillion CA$1.11 Trillion ▼ -0.1 pp
2020 6.2% CA$70.50 Billion CA$1.14 Trillion CA$1.07 Trillion ▼ -0.3 pp
2019 6.5% CA$70.19 Billion CA$1.09 Trillion CA$1.02 Trillion ▼ -0.3 pp
2018 6.8% CA$67.68 Billion CA$998.49 Billion CA$930.81 Billion ▲ +0.0 pp
2017 6.7% CA$61.62 Billion CA$915.27 Billion CA$853.65 Billion ▲ +0.3 pp
2016 6.5% CA$57.82 Billion CA$896.27 Billion CA$838.45 Billion ▲ +0.2 pp
2015 6.2% CA$53.48 Billion CA$856.50 Billion CA$803.02 Billion ▲ +0.1 pp
2014 6.1% CA$49.21 Billion CA$805.67 Billion CA$756.46 Billion ▼ -0.2 pp
2013 6.3% CA$46.55 Billion CA$743.79 Billion CA$697.24 Billion ▲ +0.1 pp
2012 6.2% CA$41.38 Billion CA$668.04 Billion CA$626.66 Billion ▲ +0.4 pp
2011 5.8% CA$33.40 Billion CA$575.26 Billion CA$541.86 Billion ▲ +0.4 pp
2010 5.4% CA$28.21 Billion CA$526.66 Billion CA$498.45 Billion ▲ +0.3 pp
2009 5.1% CA$25.33 Billion CA$496.52 Billion CA$471.19 Billion ▲ +0.7 pp
2008 4.4% CA$22.14 Billion CA$507.63 Billion CA$485.48 Billion ▼ -0.3 pp
2007 4.7% CA$19.30 Billion CA$411.51 Billion CA$392.21 Billion ▼ -0.1 pp
2006 4.7% CA$17.98 Billion CA$379.01 Billion CA$361.02 Billion ▼ -0.5 pp
2005 5.2% CA$16.39 Billion CA$314.03 Billion CA$297.64 Billion ▼ -1.1 pp
2004 6.3% CA$17.52 Billion CA$279.21 Billion CA$261.70 Billion ▲ +0.3 pp
2003 5.9% CA$16.94 Billion CA$285.89 Billion CA$268.95 Billion ▲ +0.3 pp
2002 5.6% CA$16.69 Billion CA$296.38 Billion CA$279.69 Billion ▲ +0.1 pp
2001 5.5% CA$15.69 Billion CA$284.42 Billion CA$268.73 Billion ▲ +0.1 pp
2000 5.4% CA$13.70 Billion CA$253.17 Billion CA$239.47 Billion ▲ +0.2 pp
1999 5.2% CA$11.60 Billion CA$222.69 Billion CA$211.09 Billion ▲ +0.5 pp
1998 4.7% CA$10.99 Billion CA$233.59 Billion CA$222.60 Billion ▼ -0.2 pp
1997 4.9% CA$9.54 Billion CA$195.15 Billion CA$185.62 Billion ▼ -0.1 pp
1996 5.0% CA$7.85 Billion CA$157.26 Billion CA$149.41 Billion ▼ -0.1 pp
1995 5.1% CA$7.45 Billion CA$147.19 Billion CA$139.74 Billion
pp = percentage points