Velan Inc. Financial Flexibility Index
Velan Inc. 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$150.39 Million). See how much free cash does Velan Inc. generate to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Velan Inc. (1997–2026)
Financial flexibility index of Velan Inc. from 1997 to 2026. Historical Financial Flexibility Index trend for Velan Inc. across 29 annual periods. Check VLN cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Velan Inc. Financial Flexibility Index by Year (1997–2026)
Velan Inc. financial flexibility index by year from 1997 to 2026. Year-by-year free cash flow to debt coverage for Velan Inc.. For the full cash flow conversion analysis, see Velan Inc. cash conversion from operations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | -0.95x | CA$-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 | — |