Velan Capex To Depreciation vs Dividend Yield Analysis

VLN Stock  CAD 11.61  0.64  5.83%   
Velan financial indicator trend analysis is much more than just breaking down Velan Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Velan Inc is a good investment. Please check the relationship between Velan Capex To Depreciation and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velan Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capex To Depreciation vs Dividend Yield

Capex To Depreciation vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Velan Inc Capex To Depreciation account and Dividend Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Velan's Capex To Depreciation and Dividend Yield is 0.41. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Velan Inc, assuming nothing else is changed. The correlation between historical values of Velan's Capex To Depreciation and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Velan Inc are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Depreciation i.e., Velan's Capex To Depreciation and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Dividend Yield

Dividend Yield is Velan Inc dividend as a percentage of Velan stock price. Velan Inc dividend yield is a measure of Velan stock productivity, which can be interpreted as interest rate earned on an Velan investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Velan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Velan Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velan Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Velan's Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value is likely to grow to about 283.6 M, while Selling General Administrative is likely to drop about 71.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.8M2.0M6.8M7.1M
Depreciation And Amortization11.6M10.7M11.2M11.2M

Velan fundamental ratios Correlations

0.60.950.940.860.950.9-0.20.880.320.750.950.120.380.770.88-0.43-0.090.890.28-0.90.810.180.990.59-0.92
0.60.50.720.350.510.780.520.30.390.230.660.430.550.210.53-0.07-0.010.580.43-0.360.680.310.560.59-0.4
0.950.50.890.910.960.86-0.410.920.050.860.950.10.340.870.82-0.25-0.310.750.02-0.80.670.010.910.51-0.86
0.940.720.890.80.860.96-0.070.770.270.70.920.390.350.710.8-0.29-0.220.850.21-0.750.770.020.920.8-0.78
0.860.350.910.80.930.78-0.510.98-0.080.940.90.060.270.950.73-0.28-0.420.59-0.06-0.730.4-0.140.810.51-0.79
0.950.510.960.860.930.84-0.350.950.150.840.97-0.040.470.850.86-0.39-0.210.720.17-0.850.650.120.910.45-0.91
0.90.780.860.960.780.84-0.050.740.160.70.910.420.310.690.74-0.14-0.30.80.18-0.660.720.010.870.73-0.69
-0.20.52-0.41-0.07-0.51-0.35-0.05-0.540.6-0.67-0.230.170.34-0.67-0.1-0.120.540.030.640.170.230.54-0.180.070.25
0.880.30.920.770.980.950.74-0.54-0.040.90.89-0.10.280.910.8-0.33-0.350.62-0.03-0.810.46-0.060.840.41-0.85
0.320.390.050.27-0.080.150.160.6-0.04-0.250.14-0.080.45-0.210.33-0.760.840.550.89-0.510.660.80.380.16-0.4
0.750.230.860.70.940.840.7-0.670.9-0.250.840.160.160.990.57-0.11-0.520.45-0.26-0.560.28-0.280.690.44-0.67
0.950.660.950.920.90.970.91-0.230.890.140.840.150.510.840.83-0.3-0.270.720.14-0.770.670.070.890.59-0.84
0.120.430.10.390.06-0.040.420.17-0.1-0.080.160.15-0.250.13-0.160.37-0.330.23-0.190.220.14-0.350.110.650.2
0.380.550.340.350.270.470.310.340.280.450.160.51-0.250.170.49-0.520.250.190.56-0.410.390.550.320.13-0.44
0.770.210.870.710.950.850.69-0.670.91-0.210.990.840.130.170.58-0.18-0.480.49-0.22-0.610.29-0.230.710.42-0.69
0.880.530.820.80.730.860.74-0.10.80.330.570.83-0.160.490.58-0.490.00.720.39-0.890.750.20.880.49-0.92
-0.43-0.07-0.25-0.29-0.28-0.39-0.14-0.12-0.33-0.76-0.11-0.30.37-0.52-0.18-0.49-0.66-0.45-0.740.72-0.45-0.62-0.47-0.10.61
-0.09-0.01-0.31-0.22-0.42-0.21-0.30.54-0.350.84-0.52-0.27-0.330.25-0.480.0-0.660.180.8-0.220.320.85-0.01-0.33-0.11
0.890.580.750.850.590.720.80.030.620.550.450.720.230.190.490.72-0.450.180.42-0.830.920.340.930.55-0.78
0.280.430.020.21-0.060.170.180.64-0.030.89-0.260.14-0.190.56-0.220.39-0.740.80.42-0.470.570.830.320.03-0.36
-0.9-0.36-0.8-0.75-0.73-0.85-0.660.17-0.81-0.51-0.56-0.770.22-0.41-0.61-0.890.72-0.22-0.83-0.47-0.78-0.38-0.92-0.370.97
0.810.680.670.770.40.650.720.230.460.660.280.670.140.390.290.75-0.450.320.920.57-0.780.490.850.47-0.75
0.180.310.010.02-0.140.120.010.54-0.060.8-0.280.07-0.350.55-0.230.2-0.620.850.340.83-0.380.490.22-0.32-0.29
0.990.560.910.920.810.910.87-0.180.840.380.690.890.110.320.710.88-0.47-0.010.930.32-0.920.850.220.57-0.92
0.590.590.510.80.510.450.730.070.410.160.440.590.650.130.420.49-0.1-0.330.550.03-0.370.47-0.320.57-0.39
-0.92-0.4-0.86-0.78-0.79-0.91-0.690.25-0.85-0.4-0.67-0.840.2-0.44-0.69-0.920.61-0.11-0.78-0.360.97-0.75-0.29-0.92-0.39
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Velan Account Relationship Matchups

Other Information on Investing in Velan Stock

Balance Sheet is a snapshot of the financial position of Velan Inc at a specified time, usually calculated after every quarter, six months, or one year. Velan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Velan and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Velan currently owns. An asset can also be divided into two categories, current and non-current.