Velan Inc. (VLN) — Cash Flow Quality Index
Latest as of November 2025:
-2.62x
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$2.94 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Velan Inc. to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-2.62x
Operating CF / Net Income
Operating Cash Flow
CA$-7.68 Million
CAD
Net Income
CA$2.94 Million
CAD
Data as of
Nov 2025
Most recent filing
Velan Inc. Cash Flow Quality Index (1997–2026)
Historical Cash Flow Quality Index for Velan Inc. across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see VLN cash generation efficiency.
Annual Cash Flow Quality Index for Velan Inc. (1997–2026)
Year-by-year earnings quality comparison for Velan Inc..
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | -10.46x | CA$-162.77 Million | CA$15.56 Million | ▼ -152.7% |
| 2021 | -4.14x | CA$-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 | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.