Velan Inc. (VLN) — Financial Flexibility Index
Velan Inc. (VLN) has a Financial Flexibility Index of -0.12x as of May 2026. Free cash flow of CA$-17.61 Million (operating CF CA$-18.41 Million minus capex CA$792.00K) represents 0% of total liabilities (CA$150.39 Million). Check Velan Inc. cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Velan Inc. Financial Flexibility Index (1997–2026)
Historical Financial Flexibility Index trend for Velan Inc. across 29 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Velan Inc..
Annual Financial Flexibility Index for Velan Inc. (1997–2026)
Year-by-year free cash flow to debt coverage for Velan Inc.. Explore VLN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | -0.95x | CA$-155.57 Million | CA$-162.77 Million | CA$164.36 Million | ▼ -1125.9% |
| 2025 | 0.09x | CA$37.20 Million | CA$26.52 Million | CA$403.23 Million | ▲ +101.7% |
| 2024 | 0.05x | CA$13.54 Million | CA$4.30 Million | CA$296.13 Million | ▲ +78.2% |
| 2023 | 0.03x | CA$7.11 Million | CA$522.00K | CA$277.02 Million | ▼ -76.5% |
| 2022 | 0.11x | CA$26.49 Million | CA$17.87 Million | CA$242.92 Million | ▲ +1590.6% |
| 2021 | 0.01x | CA$1.81 Million | CA$-9.10 Million | CA$280.61 Million | ▼ -92.5% |
| 2020 | 0.09x | CA$21.73 Million | CA$9.64 Million | CA$253.63 Million | ▲ +2072.5% |
| 2019 | 0.00x | CA$-936.00K | CA$-9.59 Million | CA$215.52 Million | ▼ -120.0% |
| 2018 | 0.02x | CA$4.75 Million | CA$-1.89 Million | CA$218.58 Million | ▼ -74.2% |
| 2017 | 0.08x | CA$15.78 Million | CA$7.15 Million | CA$187.39 Million | ▼ -69.3% |
| 2016 | 0.27x | CA$50.00 Million | CA$28.88 Million | CA$182.51 Million | ▼ -7.3% |
| 2015 | 0.30x | CA$63.14 Million | CA$49.92 Million | CA$213.53 Million | ▼ -16.5% |
| 2014 | 0.35x | CA$93.81 Million | CA$75.46 Million | CA$265.04 Million | ▲ +137.0% |
| 2013 | 0.15x | CA$43.55 Million | CA$14.41 Million | CA$291.60 Million | ▲ +2132.5% |
| 2012 | 0.01x | CA$1.78 Million | CA$-12.77 Million | CA$266.39 Million | ▼ -96.7% |
| 2011 | 0.20x | CA$36.62 Million | CA$26.58 Million | CA$181.57 Million | ▼ -59.9% |
| 2010 | 0.50x | CA$77.65 Million | CA$64.29 Million | CA$154.47 Million | ▲ +160.4% |
| 2008 | 0.19x | CA$36.61 Million | CA$24.92 Million | CA$189.65 Million | ▲ +239.4% |
| 2007 | -0.14x | CA$-18.99 Million | CA$-26.87 Million | CA$137.13 Million | ▼ -156.2% |
| 2006 | 0.25x | CA$23.50 Million | CA$16.05 Million | CA$95.29 Million | ▲ +365.0% |
| 2005 | -0.09x | CA$-6.73 Million | CA$-13.29 Million | CA$72.25 Million | ▼ -126.2% |
| 2004 | 0.36x | CA$18.95 Million | CA$14.41 Million | CA$53.27 Million | ▼ -57.6% |
| 2003 | 0.84x | CA$36.42 Million | CA$31.26 Million | CA$43.39 Million | ▲ +185.7% |
| 2002 | 0.29x | CA$12.77 Million | CA$7.06 Million | CA$43.45 Million | ▼ -56.9% |
| 2001 | 0.68x | CA$28.29 Million | CA$20.97 Million | CA$41.54 Million | ▲ +12.6% |
| 2000 | 0.60x | CA$32.67 Million | CA$21.47 Million | CA$54.01 Million | ▼ -26.0% |
| 1999 | 0.82x | CA$47.68 Million | CA$40.15 Million | CA$58.33 Million | ▲ +60.4% |
| 1998 | 0.51x | CA$31.31 Million | CA$14.35 Million | CA$61.44 Million | ▼ -4.5% |
| 1997 | 0.53x | CA$30.47 Million | CA$21.99 Million | CA$57.10 Million | — |