Velan Inc. (VLN) — Cash Flow Quality Index
Velan Inc. (VLN) has a Cash Flow Quality Index of -2.62x as of November 2025. Operating cash flow of CA$-7.68 Million is below net income of CA$2.94 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Velan Inc. total assets for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Velan Inc. Cash Flow Quality Index (1997–2021)
Historical Cash Flow Quality Index for Velan Inc. across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check VLN tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Velan Inc. (1997–2021)
Year-by-year earnings quality comparison for Velan Inc.. For live market cap and the full company financial profile, see VLN market cap.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | -4.14x | CA$-9.10 Million | CA$2.20 Million | ▼ -581.6% |
| 2017 | 0.86x | CA$7.15 Million | CA$8.31 Million | ▼ -87.2% |
| 2016 | 6.74x | CA$28.88 Million | CA$4.29 Million | ▲ +159.2% |
| 2015 | 2.60x | CA$49.92 Million | CA$19.19 Million | ▲ +6.9% |
| 2014 | 2.43x | CA$75.46 Million | CA$31.00 Million | ▲ +13.7% |
| 2013 | 2.14x | CA$14.41 Million | CA$6.73 Million | ▲ +196.4% |
| 2012 | -2.22x | CA$-12.77 Million | CA$5.75 Million | ▼ -149.6% |
| 2011 | 4.47x | CA$26.58 Million | CA$5.94 Million | ▲ +135.2% |
| 2010 | 1.90x | CA$64.29 Million | CA$33.80 Million | ▼ -4.2% |
| 2008 | 1.99x | CA$24.92 Million | CA$12.55 Million | ▲ +227.2% |
| 2007 | -1.56x | CA$-26.87 Million | CA$17.22 Million | ▼ -151.0% |
| 2006 | 3.06x | CA$16.05 Million | CA$5.24 Million | ▲ +109.9% |
| 2005 | -30.82x | CA$-13.29 Million | CA$431.12K | ▼ -630.7% |
| 2003 | 5.81x | CA$31.26 Million | CA$5.38 Million | ▲ +867.0% |
| 2002 | 0.60x | CA$7.06 Million | CA$11.76 Million | ▼ -41.6% |
| 2001 | 1.03x | CA$20.97 Million | CA$20.39 Million | ▲ +1.2% |
| 2000 | 1.02x | CA$21.47 Million | CA$21.14 Million | ▼ -32.8% |
| 1999 | 1.51x | CA$40.15 Million | CA$26.59 Million | ▲ +147.1% |
| 1998 | 0.61x | CA$14.35 Million | CA$23.48 Million | ▼ -41.7% |
| 1997 | 1.05x | CA$21.99 Million | CA$20.97 Million | — |