National Bank of Canada (NTIOF) Ratios
National Bank of Canada Ratios
NTIOF's free cash flow for Q3 2026 was $2.25B. For the 2026 fiscal year, NTIOF's free cash flow was decreased by $-51.00M and operating cash flow was $2.31B. See a summary of the company’s cash flow.
| Ratios | Oct 25 | Oct 24 | Oct 23 | Oct 22 | Oct 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.09 | 0.12 | 0.21 | 0.20 | 0.13 |
| Quick Ratio | 0.09 | 0.12 | 0.21 | 0.20 | 0.13 |
| Cash Ratio | 0.06 | 0.09 | 0.16 | 0.16 | 0.11 |
| Solvency Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Operating Cash Flow Ratio | 0.01 | 0.01 | 0.02 | -0.01 | 0.03 |
| Short-Term Operating Cash Flow Coverage | 0.04 | 0.14 | 0.25 | -0.11 | 0.51 |
| Net Current Asset Value | $ -504.35B | $ -393.63B | $ -354.57B | $ -340.69B | $ -296.77B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.26 | 0.16 | 0.13 | 0.11 | 0.12 |
| Debt-to-Equity Ratio | 4.44 | 2.93 | 2.26 | 2.06 | 2.34 |
| Debt-to-Capital Ratio | 0.82 | 0.75 | 0.69 | 0.67 | 0.70 |
| Long-Term Debt-to-Capital Ratio | 0.56 | 0.62 | 0.58 | 0.56 | 0.57 |
| Financial Leverage Ratio | 17.08 | 18.09 | 17.89 | 18.57 | 19.04 |
| Debt Service Coverage Ratio | 0.04 | 0.08 | -0.02 | 0.18 | 0.17 |
| Interest Coverage Ratio | 0.31 | 0.27 | 0.35 | 1.10 | 2.01 |
| Debt to Market Cap | 2.52 | 1.65 | 1.82 | 1.42 | 1.24 |
| Interest Debt Per Share | 440.23 | 270.26 | 197.54 | 145.81 | 135.94 |
| Net Debt to EBITDA | 21.07 | 8.55 | 0.00 | 2.75 | 2.19 |
| Profitability Margins | |||||
| Gross Profit Margin | 42.24% | 100.08% | 103.97% | 100.00% | 100.00% |
| EBIT Margin | 16.67% | 41.95% | -5.36% | 44.17% | 44.91% |
| EBITDA Margin | 18.79% | 46.70% | 0.00% | 49.17% | 50.03% |
| Operating Profit Margin | 16.67% | 41.95% | 47.51% | 48.76% | 49.84% |
| Pretax Profit Margin | 16.67% | 44.10% | 40.64% | 44.46% | 45.17% |
| Net Profit Margin | 13.04% | 35.24% | 34.15% | 35.18% | 35.27% |
| Continuous Operations Profit Margin | 13.04% | 35.16% | 34.12% | 35.17% | 35.27% |
| Net Income Per EBT | 78.24% | 79.90% | 84.01% | 79.12% | 78.07% |
| EBT Per EBIT | 100.00% | 105.13% | 85.55% | 91.19% | 90.63% |
| Return on Assets (ROA) | 0.70% | 0.83% | 0.79% | 0.84% | 0.88% |
| Return on Equity (ROE) | 11.90% | 14.94% | 14.09% | 15.56% | 16.81% |
| Return on Capital Employed (ROCE) | 4.06% | 4.02% | 2.28% | 2.35% | 9.16% |
| Return on Invested Capital (ROIC) | 1.73% | 2.49% | 1.80% | 4.27% | -7.90% |
| Return on Tangible Assets | 0.70% | 0.83% | 0.79% | 0.84% | 0.89% |
| Earnings Yield | 6.77% | 8.46% | 11.46% | 10.82% | 9.07% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.50 | 1.49 | 1.58 | 2.11 | 2.65 |
| Payables Turnover | 2.30 | 2.68 | -0.08 | 0.00 | 0.00 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 14.24 | 5.80 | 6.14 | 6.89 | 7.32 |
| Asset Turnover | 0.05 | 0.02 | 0.02 | 0.02 | 0.03 |
| Working Capital Turnover Ratio | -0.09 | -0.05 | -0.06 | -0.04 | -0.04 |
| Cash Conversion Cycle | -92.29 | 109.35 | 5074.81 | 172.88 | 137.61 |
| Days of Sales Outstanding | 66.36 | 245.74 | 231.03 | 172.88 | 137.61 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 158.65 | 136.39 | -4843.78 | 0.00 | 0.00 |
| Operating Cycle | 66.36 | 245.74 | 231.03 | 172.88 | 137.61 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 12.25 | 13.69 | 15.30 | -5.70 | 27.61 |
| Free Cash Flow Per Share | 10.92 | 11.62 | 13.37 | -7.69 | 16.45 |
| Dividend Paid and CapEx Coverage Ratio | 1.89 | 1.99 | 2.78 | -1.19 | 7.07 |
| Capital Expenditure Coverage Ratio | 9.23 | 6.62 | 14.68 | -6.49 | 42.91 |
| Operating Cash Flow Coverage Ratio | 0.03 | 0.06 | 0.10 | -0.04 | 0.21 |
| Operating Cash Flow to Sales Ratio | 0.15 | 0.43 | 0.53 | -0.20 | 1.05 |
| Free Cash Flow Yield | 6.97% | 8.75% | 15.51% | -8.29% | 16.02% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 15.39 | 11.82 | 8.72 | 9.24 | 11.02 |
| Price-to-Sales (P/S) Ratio | 1.93 | 4.17 | 2.98 | 3.25 | 3.89 |
| Price-to-Book (P/B) Ratio | 1.76 | 1.77 | 1.23 | 1.44 | 1.85 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 14.35 | 11.42 | 6.45 | -12.06 | 6.24 |
| Price-to-Operating Cash Flow Ratio | 12.80 | 9.70 | 5.64 | -16.27 | 3.72 |
| Price-to-Earnings Growth (PEG) Ratio | -2.77 | 0.85 | -3.39 | 1.07 | 0.20 |
| Enterprise Value Multiple | 31.31 | 17.47 | 0.00 | 9.36 | 9.96 |
| Enterprise Value | 181.24B | 88.35B | 47.39B | 44.28B | 44.37B |
| EV to EBITDA | 31.31 | 17.47 | 0.00 | 9.36 | 9.96 |
| EV to Sales | 5.89 | 8.16 | 4.85 | 4.60 | 4.98 |
| EV to Free Cash Flow | 43.85 | 22.37 | 10.50 | -17.08 | 8.00 |
| EV to Operating Cash Flow | 39.10 | 18.99 | 9.17 | -23.04 | 4.76 |
| Tangible Book Value Per Share | 76.41 | 67.10 | 61.90 | 55.97 | 47.16 |
| Shareholders’ Equity Per Share | 89.22 | 75.21 | 70.12 | 64.50 | 55.39 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.22 | 0.20 | 0.16 | 0.21 | 0.22 |
| Revenue Per Share | 81.36 | 31.88 | 28.94 | 28.53 | 26.40 |
| Net Income Per Share | 10.61 | 11.24 | 9.88 | 10.04 | 9.31 |
| Tax Burden | 0.78 | 0.80 | 0.84 | 0.79 | 0.78 |
| Interest Burden | 1.00 | 1.05 | -7.58 | 1.01 | 1.01 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.15 | 0.34 | 0.14 | 0.34 | 0.34 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.02 | 0.03 | 0.05 |
| Income Quality | 1.15 | 1.22 | 1.55 | -0.57 | 2.97 |
Currency in CAD
