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Velan Inc. SV (TSE:VLN)
TSX:VLN
Canadian Market

Velan Inc. SV (VLN) Ratios

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Velan Inc. SV Ratios

TSE:VLN's free cash flow for Q3 2026 was $0.38. For the 2026 fiscal year, TSE:VLN's free cash flow was decreased by $ and operating cash flow was $0.08. See a summary of the company’s cash flow.
Ratios
TTM
Feb 24Feb 23Feb 22Feb 21
Liquidity Ratios
Current Ratio
2.34 2.41 2.83 2.66 2.06
Quick Ratio
1.05 1.11 1.35 1.22 1.07
Cash Ratio
0.30 0.23 0.37 0.35 0.36
Solvency Ratio
0.48 -0.03 -0.16 <0.01 0.05
Operating Cash Flow Ratio
-1.48 0.03 <0.01 0.12 -0.04
Short-Term Operating Cash Flow Coverage
-11.07 2.68 0.06 2.06 -0.42
Net Current Asset Value
$ 123.86M$ 90.88M$ 111.09M$ 169.24M$ 146.56M
Leverage Ratios
Debt-to-Assets Ratio
0.10 0.09 0.09 0.09 0.14
Debt-to-Equity Ratio
0.19 0.23 0.20 0.17 0.28
Debt-to-Capital Ratio
0.16 0.19 0.17 0.14 0.22
Long-Term Debt-to-Capital Ratio
0.07 0.02 0.10 0.08 0.14
Financial Leverage Ratio
1.85 2.63 2.39 1.92 1.96
Debt Service Coverage Ratio
0.71 -0.22 -4.08 0.37 0.54
Interest Coverage Ratio
-16.40 -0.88 12.03 13.82 -0.34
Debt to Market Cap
0.12 0.07 0.15 0.19 0.53
Interest Debt Per Share
1.71 2.23 1.99 2.17 3.98
Net Debt to EBITDA
0.08 0.88 0.28 -0.20 0.79
Profitability Margins
Gross Profit Margin
30.25%26.88%30.36%32.82%26.66%
EBIT Margin
-5.17%-1.59%-12.25%9.48%1.09%
EBITDA Margin
-2.02%1.63%-9.35%12.31%3.92%
Operating Profit Margin
-5.48%-1.73%6.55%9.38%-0.22%
Pretax Profit Margin
-5.32%-3.56%-12.80%8.80%0.46%
Net Profit Margin
22.17%-5.69%-14.97%-2.49%0.73%
Continuous Operations Profit Margin
0.80%-5.71%-14.97%-2.49%0.73%
Net Income Per EBT
-416.83%160.06%116.97%-28.35%159.78%
EBT Per EBIT
97.14%206.03%-195.27%93.78%-210.89%
Return on Assets (ROA)
19.05%-4.12%-11.61%-2.02%0.38%
Return on Equity (ROE)
41.08%-10.83%-27.74%-3.87%0.74%
Return on Capital Employed (ROCE)
-7.23%-1.88%7.12%10.90%-0.17%
Return on Invested Capital (ROIC)
1.01%-1.86%6.92%-3.01%-0.16%
Return on Tangible Assets
19.41%-4.26%-12.01%-2.09%0.39%
Earnings Yield
26.42%-24.07%-27.54%-6.24%1.67%
Efficiency Ratios
Receivables Turnover
3.49 3.16 3.28 3.46 2.17
Payables Turnover
3.01 5.48 6.47 8.05 5.97
Inventory Turnover
1.49 1.22 1.27 1.24 1.09
Fixed Asset Turnover
5.85 4.96 5.43 5.56 3.14
Asset Turnover
0.86 0.72 0.78 0.81 0.52
Working Capital Turnover Ratio
1.92 1.45 1.46 1.72 1.51
Cash Conversion Cycle
228.17 349.38 341.67 354.99 443.46
Days of Sales Outstanding
104.44 115.63 111.39 105.43 168.17
Days of Inventory Outstanding
245.12 300.37 286.73 294.88 336.39
Days of Payables Outstanding
121.39 66.63 56.45 45.32 61.10
Operating Cycle
349.56 416.00 398.12 400.31 504.56
Cash Flow Ratios
Operating Cash Flow Per Share
-8.25 0.20 0.02 0.83 -0.42
Free Cash Flow Per Share
-8.55 -0.23 -0.28 0.43 -0.93
CapEx Per Share
0.30 0.43 0.31 0.40 0.51
Free Cash Flow to Operating Cash Flow
1.04 -1.15 -11.62 0.52 2.20
Dividend Paid and CapEx Coverage Ratio
-10.02 0.44 0.07 2.07 -0.80
Capital Expenditure Coverage Ratio
-27.89 0.47 0.08 2.07 -0.83
Operating Cash Flow Coverage Ratio
-4.97 0.10 0.01 0.41 -0.11
Operating Cash Flow to Sales Ratio
-0.60 0.01 <0.01 0.04 -0.03
Free Cash Flow Yield
-74.63%-6.03%-3.01%5.62%-15.22%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
3.79 -4.15 -3.63 -16.04 59.80
Price-to-Sales (P/S) Ratio
0.84 0.24 0.54 0.40 0.43
Price-to-Book (P/B) Ratio
1.33 0.45 1.01 0.62 0.44
Price-to-Free Cash Flow (P/FCF) Ratio
-1.34 -16.60 -33.20 17.78 -6.57
Price-to-Operating Cash Flow Ratio
-1.39 19.07 385.84 9.20 -14.44
Price-to-Earnings Growth (PEG) Ratio
<0.01 0.06 >-0.01 0.03 -0.53
Price-to-Fair Value
1.33 0.45 1.01 0.62 0.44
Enterprise Value Multiple
-41.57 15.43 -5.54 3.05 11.89
Enterprise Value
246.81M 86.98M 191.81M 154.46M 140.74M
EV to EBITDA
-41.56 15.43 -5.54 3.05 11.89
EV to Sales
0.84 0.25 0.52 0.38 0.47
EV to Free Cash Flow
-1.34 -17.60 -31.62 16.70 -7.04
EV to Operating Cash Flow
-1.39 20.22 367.45 8.64 -15.47
Tangible Book Value Per Share
8.35 7.72 8.56 11.53 13.11
Shareholders’ Equity Per Share
8.61 8.44 9.26 12.27 13.76
Tax and Other Ratios
Effective Tax Rate
1.15 -0.61 -0.17 1.28 -0.60
Revenue Per Share
13.65 16.07 17.16 19.05 13.99
Net Income Per Share
3.03 -0.91 -2.57 -0.48 0.10
Tax Burden
-4.17 1.60 1.17 -0.28 1.60
Interest Burden
1.03 2.23 1.04 0.93 0.42
Research & Development to Revenue
0.00 0.02 0.02 0.02 0.02
SG&A to Revenue
0.22 0.23 0.21 0.21 0.27
Stock-Based Compensation to Revenue
0.00 0.00 <0.01 <0.01 <0.01
Income Quality
-2.43 -0.22 >-0.01 -1.74 -4.14
Currency in USD