Velan Inc. Financial Flexibility Index

Latest as of May 2026: -0.12x

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

-0.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-17.61 Million
Operating CF − Capex

Total Liabilities

CA$150.39 Million
CAD

Capital Expenditures

CA$792.00K
CAD

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 —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities