Velan Inc Stock Cash Per Share

VLN Stock  CAD 11.61  0.64  5.83%   
Velan Inc fundamentals help investors to digest information that contributes to Velan's financial success or failures. It also enables traders to predict the movement of Velan Stock. The fundamental analysis module provides a way to measure Velan's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Velan stock.
Last ReportedProjected for Next Year
Cash Per Share 2.42  1.79 
As of the 25th of November 2024, Cash Per Share is likely to drop to 1.79.
  
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Velan Inc Company Cash Per Share Analysis

Velan's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

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Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Velan Cash Per Share

    
  3.56 X  
Most of Velan's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Velan Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Velan Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Velan is extremely important. It helps to project a fair market value of Velan Stock properly, considering its historical fundamentals such as Cash Per Share. Since Velan's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Velan's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Velan's interrelated accounts and indicators.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Velan Common Stock Shares Outstanding

Common Stock Shares Outstanding

17.79 Million

At this time, Velan's Common Stock Shares Outstanding is very stable compared to the past year.
In accordance with the recently published financial statements, Velan Inc has a Cash Per Share of 3.56 times. This is 23.18% higher than that of the Machinery sector and 12.3% higher than that of the Industrials industry. The cash per share for all Canada stocks is 28.94% higher than that of the company.

Velan Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Velan's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Velan could also be used in its relative valuation, which is a method of valuing Velan by comparing valuation metrics of similar companies.
Velan is currently under evaluation in cash per share category among its peers.

Velan Fundamentals

About Velan Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Velan Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Velan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Velan Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Other Information on Investing in Velan Stock

Velan financial ratios help investors to determine whether Velan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Velan with respect to the benefits of owning Velan security.