Velan Inc. (VLN) — Net Asset Quality Index
Velan Inc. (VLN) has a Net Asset Quality Index of 52.6% as of May 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$317.43 Million minus total liabilities of CA$150.39 Million yields net assets of CA$167.04 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read debt load of Velan Inc. for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Velan Inc. Net Asset Quality Index Over Time (1997–2026)
This chart shows how Velan Inc.'s Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2026. As of May 2026, the index stands at 52.6%, representing net assets of CA$167.04 Million against total assets of CA$317.43 Million CAD. For live market cap and overall valuation, see market cap of Velan Inc..
Annual Net Asset Quality Index for Velan Inc. (1997–2026)
The table below presents the year-by-year Net Asset Quality Index for Velan Inc. from 1997 to 2026, covering 29 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check VLN strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 52.5% | CA$181.94 Million | CA$346.30 Million | CA$164.36 Million | ▲ +32.9 pp |
| 2025 | 19.7% | CA$98.74 Million | CA$501.97 Million | CA$403.23 Million | ▼ -18.6 pp |
| 2024 | 38.2% | CA$183.26 Million | CA$479.39 Million | CA$296.13 Million | ▼ -3.8 pp |
| 2023 | 42.0% | CA$200.84 Million | CA$477.86 Million | CA$277.02 Million | ▼ -10.2 pp |
| 2022 | 52.2% | CA$265.51 Million | CA$508.43 Million | CA$242.92 Million | ▲ +0.5 pp |
| 2021 | 51.7% | CA$300.22 Million | CA$580.83 Million | CA$280.61 Million | ▼ -1.2 pp |
| 2020 | 52.9% | CA$284.86 Million | CA$538.50 Million | CA$253.63 Million | ▼ -6.0 pp |
| 2019 | 58.9% | CA$308.83 Million | CA$524.36 Million | CA$215.52 Million | ▼ -0.6 pp |
| 2018 | 59.5% | CA$321.62 Million | CA$540.19 Million | CA$218.58 Million | ▼ -4.4 pp |
| 2017 | 63.9% | CA$331.91 Million | CA$519.30 Million | CA$187.39 Million | ▼ -0.7 pp |
| 2016 | 64.6% | CA$333.12 Million | CA$515.63 Million | CA$182.51 Million | ▲ +2.8 pp |
| 2015 | 61.8% | CA$345.09 Million | CA$558.63 Million | CA$213.53 Million | ▲ +4.2 pp |
| 2014 | 57.5% | CA$359.12 Million | CA$624.15 Million | CA$265.04 Million | ▲ +4.6 pp |
| 2013 | 53.0% | CA$328.17 Million | CA$619.77 Million | CA$291.60 Million | ▼ -2.8 pp |
| 2012 | 55.7% | CA$335.58 Million | CA$601.97 Million | CA$266.39 Million | ▼ -10.2 pp |
| 2011 | 65.9% | CA$351.38 Million | CA$532.96 Million | CA$181.57 Million | ▼ -2.4 pp |
| 2010 | 68.3% | CA$333.30 Million | CA$487.77 Million | CA$154.47 Million | ▲ +8.4 pp |
| 2008 | 59.9% | CA$283.51 Million | CA$473.17 Million | CA$189.65 Million | ▼ -4.4 pp |
| 2007 | 64.3% | CA$246.96 Million | CA$384.09 Million | CA$137.13 Million | ▼ -5.5 pp |
| 2006 | 69.8% | CA$219.90 Million | CA$315.19 Million | CA$95.29 Million | ▼ -2.6 pp |
| 2005 | 72.4% | CA$189.34 Million | CA$261.59 Million | CA$72.25 Million | ▼ -5.1 pp |
| 2004 | 77.4% | CA$182.81 Million | CA$236.08 Million | CA$53.27 Million | ▼ -3.8 pp |
| 2003 | 81.2% | CA$187.66 Million | CA$231.05 Million | CA$43.39 Million | ▲ +2.0 pp |
| 2002 | 79.2% | CA$165.57 Million | CA$209.02 Million | CA$43.45 Million | ▼ -0.5 pp |
| 2001 | 79.7% | CA$162.86 Million | CA$204.40 Million | CA$41.54 Million | ▲ +5.7 pp |
| 2000 | 74.0% | CA$153.83 Million | CA$207.84 Million | CA$54.01 Million | ▲ +3.3 pp |
| 1999 | 70.7% | CA$140.79 Million | CA$199.12 Million | CA$58.33 Million | ▲ +5.5 pp |
| 1998 | 65.2% | CA$114.99 Million | CA$176.44 Million | CA$61.44 Million | ▲ +2.1 pp |
| 1997 | 63.0% | CA$97.37 Million | CA$154.48 Million | CA$57.10 Million | — |