Velan Inc. (VLN) - Cash Flow Conversion Efficiency

Latest as of November 2025: -0.041x

Based on the latest financial reports, Velan Inc. (VLN) has a cash flow conversion efficiency ratio of -0.041x as of November 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-7.68 Million ≈ $-5.56 Million USD) by net assets (CA$186.57 Million ≈ $134.96 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can Velan Inc. fund operations to measure how many days the company can operate on defensive assets alone.

Velan Inc. - Cash Flow Conversion Efficiency Trend (1997–2025)

This chart illustrates how Velan Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.

Velan Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Velan Inc. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Bibica Corp VN:BBC	0.032x
Aptech Limited NSE:APTECHT	0.008x
Wotso AU:WOT	0.034x
Brompton Lifeco Split Corp TO:LCS	-0.005x
Stem Inc NYSE:STEM	0.031x
Korea Business News Co. Ltd KQ:039340	0.015x
Anfield Energy Inc. NASDAQ:AEC	-0.070x
Magadh Sugar & Energy Limited NSE:MAGADSUGAR	0.569x

Annual Cash Flow Conversion Efficiency for Velan Inc. (1997–2025)

The table below shows the annual cash flow conversion efficiency of Velan Inc. from 1997 to 2025. For the full company profile with market capitalisation and key ratios, see Velan Inc. market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-02-28	CA$98.74 Million ≈ $71.43 Million	CA$26.52 Million ≈ $19.19 Million	0.269x	+1044.63%
2024-02-29	CA$183.26 Million ≈ $132.57 Million	CA$4.30 Million ≈ $3.11 Million	0.023x	+802.97%
2023-02-28	CA$200.84 Million ≈ $145.28 Million	CA$522.00K ≈ $377.61K	0.003x	-96.14%
2022-02-28	CA$265.51 Million ≈ $192.07 Million	CA$17.87 Million ≈ $12.93 Million	0.067x	+322.14%
2021-02-28	CA$300.22 Million ≈ $217.18 Million	CA$-9.10 Million ≈ $-6.58 Million	-0.030x	-189.49%
2020-02-29	CA$284.86 Million ≈ $206.06 Million	CA$9.64 Million ≈ $6.98 Million	0.034x	+209.05%
2019-02-28	CA$308.83 Million ≈ $223.41 Million	CA$-9.59 Million ≈ $-6.94 Million	-0.031x	-427.41%
2018-02-28	CA$321.62 Million ≈ $232.65 Million	CA$-1.89 Million ≈ $-1.37 Million	-0.006x	-127.33%
2017-02-28	CA$331.91 Million ≈ $240.10 Million	CA$7.15 Million ≈ $5.17 Million	0.022x	-75.17%
2016-02-29	CA$333.12 Million ≈ $240.97 Million	CA$28.88 Million ≈ $20.89 Million	0.087x	-40.05%
2015-02-28	CA$345.09 Million ≈ $249.63 Million	CA$49.92 Million ≈ $36.11 Million	0.145x	-31.16%
2014-02-28	CA$359.12 Million ≈ $259.78 Million	CA$75.46 Million ≈ $54.59 Million	0.210x	+378.47%
2013-02-28	CA$328.17 Million ≈ $237.40 Million	CA$14.41 Million ≈ $10.43 Million	0.044x	+215.42%
2012-02-29	CA$335.58 Million ≈ $242.75 Million	CA$-12.77 Million ≈ $-9.24 Million	-0.038x	-150.30%
2011-02-28	CA$351.38 Million ≈ $254.18 Million	CA$26.58 Million ≈ $19.23 Million	0.076x	-60.79%
2010-02-28	CA$333.30 Million ≈ $241.11 Million	CA$64.29 Million ≈ $46.51 Million	0.193x	+119.48%
2008-02-29	CA$283.51 Million ≈ $205.09 Million	CA$24.92 Million ≈ $18.02 Million	0.088x	+180.77%
2007-02-28	CA$246.96 Million ≈ $178.65 Million	CA$-26.87 Million ≈ $-19.44 Million	-0.109x	-249.08%
2006-02-28	CA$219.90 Million ≈ $159.07 Million	CA$16.05 Million ≈ $11.61 Million	0.073x	+204.01%
2005-02-28	CA$189.34 Million ≈ $136.96 Million	CA$-13.29 Million ≈ $-9.61 Million	-0.070x	-189.03%
2004-02-29	CA$182.81 Million ≈ $132.24 Million	CA$14.41 Million ≈ $10.42 Million	0.079x	-52.68%
2003-02-28	CA$187.66 Million ≈ $135.75 Million	CA$31.26 Million ≈ $22.61 Million	0.167x	+290.44%
2002-02-28	CA$165.57 Million ≈ $119.77 Million	CA$7.06 Million ≈ $5.11 Million	0.043x	-66.86%
2001-02-28	CA$162.86 Million ≈ $117.81 Million	CA$20.97 Million ≈ $15.17 Million	0.129x	-7.78%
2000-02-29	CA$153.83 Million ≈ $111.27 Million	CA$21.47 Million ≈ $15.53 Million	0.140x	-51.05%
1999-02-28	CA$140.79 Million ≈ $101.85 Million	CA$40.15 Million ≈ $29.04 Million	0.285x	+128.54%
1998-02-28	CA$114.99 Million ≈ $83.18 Million	CA$14.35 Million ≈ $10.38 Million	0.125x	-44.74%
1997-02-28	CA$97.37 Million ≈ $70.44 Million	CA$21.99 Million ≈ $15.90 Million	0.226x	--

About Velan Inc.

TO:VLN Canada Specialty Industrial Machinery

Market Cap

$69.06 Million

CA$95.46 Million CAD

Market Cap Rank

#20606 Global

#711 in Canada

Share Price

CA$15.86

Change (1 day)

-0.81%

52-Week Range

CA$13.85 - CA$19.23

All Time High

CA$19.23