Velan Inc Stock Current Asset
| VLN Stock | CAD 11.10 0.15 1.33% |
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.
At this time, Velan's Non Current Assets Total are very stable compared to the past year. As of the 29th of November 2024, Other Current Assets is likely to grow to about 28.1 M, while Total Current Assets are likely to drop about 354.8 M. Velan | Current Asset |
Velan Inc Company Current Asset Analysis
Velan's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Velan Current Asset 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 Current Asset. 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.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Velan Total Assets
Total Assets |
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In accordance with the recently published financial statements, Velan Inc has a Current Asset of 0.0. This is 100.0% lower than that of the Machinery sector and 100.0% lower than that of the Industrials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
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Velan Fundamentals
| Return On Equity | -0.0557 | |||
| Return On Asset | 0.023 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 224.28 M | |||
| Shares Outstanding | 6.02 M | |||
| Shares Owned By Insiders | 23.82 % | |||
| Shares Owned By Institutions | 12.62 % | |||
| Number Of Shares Shorted | 235 | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 0.64 X | |||
| Revenue | 346.82 M | |||
| Gross Profit | 133.83 M | |||
| EBITDA | 5.64 M | |||
| Net Income | (19.74 M) | |||
| Cash And Equivalents | 50.51 M | |||
| Cash Per Share | 3.56 X | |||
| Total Debt | 41.42 M | |||
| Debt To Equity | 23.30 % | |||
| Current Ratio | 2.05 X | |||
| Book Value Per Share | 8.41 X | |||
| Cash Flow From Operations | 4.3 M | |||
| Short Ratio | 0.02 X | |||
| Earnings Per Share | (0.67) X | |||
| Target Price | 14.0 | |||
| Number Of Employees | 1.62 K | |||
| Beta | 0.77 | |||
| Market Capitalization | 250.61 M | |||
| Total Asset | 479.39 M | |||
| Retained Earnings | 141.91 M | |||
| Working Capital | 226.62 M | |||
| Five Year Return | 2.17 % | |||
| Net Asset | 479.39 M | |||
| Last Dividend Paid | 0.02 |
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.