Velan Inc. (VLN) — Financial Flexibility Index
Velan Inc. (VLN) has a Financial Flexibility Index of -0.04x as of November 2025. Free cash flow of CA$-5.96 Million (operating CF CA$-7.68 Million minus capex CA$1.72 Million) represents 0% of total liabilities (CA$156.51 Million). Check VLN capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Velan Inc. Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for Velan Inc. across 28 annual periods. See how liquid is Velan Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Velan Inc. (1997–2025)
Year-by-year free cash flow to debt coverage for Velan Inc.. For the full company profile including market capitalisation, see Velan Inc. market cap and net worth.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 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 | — |