Velan Capex To Depreciation vs Price To Sales Ratio Analysis

VLN Stock

CAD 11.00 0.10 0.90%

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 Price To Sales Ratio 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 Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio 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 Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Velan's Capex To Depreciation and Price To Sales Ratio is -0.15. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio 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 Price To Sales Ratio 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 Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Velan's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Velan Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Velan sales, a figure that is much harder to manipulate than other Velan Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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 2nd of December 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 Expense	2.8M	2.0M	6.8M	7.1M
Depreciation And Amortization	11.6M	10.7M	11.2M	11.2M

Interest Expense Depreciation And Amortization

Velan fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Short Term Investments
Total Assets		0.6	0.76	0.94	0.86	0.95	0.9	-0.2	0.88	0.33	0.75	0.95	0.12	0.38	0.77	0.83	-0.43	-0.09	0.89	0.63	-0.9	0.81	0.18	0.99	0.59	-0.92
Short Long Term Debt Total	0.6		0.33	0.72	0.35	0.51	0.78	0.52	0.3	0.41	0.23	0.66	0.43	0.55	0.21	0.6	-0.07	-0.01	0.58	0.49	-0.36	0.68	0.31	0.56	0.59	-0.4
Other Current Liab	0.76	0.33		0.62	0.79	0.87	0.62	-0.48	0.82	-0.03	0.8	0.83	-0.16	0.47	0.81	0.72	-0.22	-0.24	0.49	0.38	-0.65	0.48	0.14	0.71	0.14	-0.73
Total Current Liabilities	0.94	0.72	0.62		0.8	0.86	0.96	-0.07	0.77	0.28	0.7	0.92	0.39	0.35	0.71	0.74	-0.29	-0.22	0.85	0.54	-0.75	0.77	0.02	0.92	0.81	-0.78
Total Stockholder Equity	0.86	0.35	0.79	0.8		0.93	0.78	-0.51	0.98	-0.08	0.94	0.9	0.06	0.27	0.95	0.7	-0.28	-0.42	0.59	0.39	-0.73	0.4	-0.14	0.81	0.51	-0.79
Property Plant And Equipment Net	0.95	0.51	0.87	0.86	0.93		0.84	-0.35	0.95	0.16	0.84	0.97	-0.04	0.47	0.85	0.83	-0.39	-0.21	0.72	0.57	-0.85	0.65	0.12	0.91	0.45	-0.91
Current Deferred Revenue	0.9	0.78	0.62	0.96	0.78	0.84		-0.05	0.74	0.18	0.7	0.91	0.42	0.31	0.69	0.69	-0.14	-0.3	0.8	0.41	-0.66	0.72	0.01	0.87	0.73	-0.69
Net Debt	-0.2	0.52	-0.48	-0.07	-0.51	-0.35	-0.05		-0.54	0.6	-0.67	-0.23	0.17	0.34	-0.67	0.0	-0.12	0.54	0.03	0.31	0.17	0.23	0.54	-0.18	0.07	0.25
Retained Earnings	0.88	0.3	0.82	0.77	0.98	0.95	0.74	-0.54		-0.03	0.9	0.89	-0.1	0.28	0.91	0.75	-0.33	-0.35	0.62	0.45	-0.81	0.46	-0.06	0.84	0.41	-0.85
Accounts Payable	0.33	0.41	-0.03	0.28	-0.08	0.16	0.18	0.6	-0.03		-0.25	0.15	-0.08	0.45	-0.21	0.35	-0.74	0.84	0.57	0.75	-0.52	0.69	0.8	0.4	0.16	-0.41
Cash	0.75	0.23	0.8	0.7	0.94	0.84	0.7	-0.67	0.9	-0.25		0.84	0.16	0.16	0.99	0.51	-0.11	-0.52	0.45	0.16	-0.56	0.28	-0.28	0.69	0.44	-0.67
Non Current Assets Total	0.95	0.66	0.83	0.92	0.9	0.97	0.91	-0.23	0.89	0.15	0.84		0.15	0.51	0.84	0.81	-0.3	-0.27	0.72	0.55	-0.77	0.67	0.07	0.89	0.59	-0.84
Non Currrent Assets Other	0.12	0.43	-0.16	0.39	0.06	-0.04	0.42	0.17	-0.1	-0.08	0.16	0.15		-0.25	0.13	-0.21	0.37	-0.33	0.23	-0.31	0.22	0.14	-0.35	0.11	0.65	0.2
Other Assets	0.38	0.55	0.47	0.35	0.27	0.47	0.31	0.34	0.28	0.45	0.16	0.51	-0.25		0.17	0.59	-0.52	0.25	0.19	0.73	-0.41	0.39	0.55	0.32	0.12	-0.44
Cash And Short Term Investments	0.77	0.21	0.81	0.71	0.95	0.85	0.69	-0.67	0.91	-0.21	0.99	0.84	0.13	0.17		0.53	-0.18	-0.48	0.49	0.2	-0.61	0.29	-0.23	0.71	0.42	-0.69
Net Receivables	0.83	0.6	0.72	0.74	0.7	0.83	0.69	0.0	0.75	0.35	0.51	0.81	-0.21	0.59	0.53		-0.46	0.01	0.64	0.8	-0.83	0.7	0.3	0.81	0.41	-0.85
Common Stock Shares Outstanding	-0.43	-0.07	-0.22	-0.29	-0.28	-0.39	-0.14	-0.12	-0.33	-0.74	-0.11	-0.3	0.37	-0.52	-0.18	-0.46		-0.66	-0.45	-0.81	0.72	-0.45	-0.62	-0.47	-0.09	0.61
Non Current Liabilities Total	-0.09	-0.01	-0.24	-0.22	-0.42	-0.21	-0.3	0.54	-0.35	0.84	-0.52	-0.27	-0.33	0.25	-0.48	0.01	-0.66		0.18	0.48	-0.22	0.32	0.85	-0.01	-0.34	-0.11
Inventory	0.89	0.58	0.49	0.85	0.59	0.72	0.8	0.03	0.62	0.57	0.45	0.72	0.23	0.19	0.49	0.64	-0.45	0.18		0.58	-0.83	0.92	0.34	0.93	0.55	-0.78
Other Current Assets	0.63	0.49	0.38	0.54	0.39	0.57	0.41	0.31	0.45	0.75	0.16	0.55	-0.31	0.73	0.2	0.8	-0.81	0.48	0.58		-0.8	0.69	0.6	0.64	0.32	-0.76
Other Stockholder Equity	-0.9	-0.36	-0.65	-0.75	-0.73	-0.85	-0.66	0.17	-0.81	-0.52	-0.56	-0.77	0.22	-0.41	-0.61	-0.83	0.72	-0.22	-0.83	-0.8		-0.78	-0.38	-0.92	-0.37	0.97
Total Liab	0.81	0.68	0.48	0.77	0.4	0.65	0.72	0.23	0.46	0.69	0.28	0.67	0.14	0.39	0.29	0.7	-0.45	0.32	0.92	0.69	-0.78		0.49	0.85	0.47	-0.75
Property Plant And Equipment Gross	0.18	0.31	0.14	0.02	-0.14	0.12	0.01	0.54	-0.06	0.8	-0.28	0.07	-0.35	0.55	-0.23	0.3	-0.62	0.85	0.34	0.6	-0.38	0.49		0.22	-0.33	-0.29
Total Current Assets	0.99	0.56	0.71	0.92	0.81	0.91	0.87	-0.18	0.84	0.4	0.69	0.89	0.11	0.32	0.71	0.81	-0.47	-0.01	0.93	0.64	-0.92	0.85	0.22		0.57	-0.92
Short Term Debt	0.59	0.59	0.14	0.81	0.51	0.45	0.73	0.07	0.41	0.16	0.44	0.59	0.65	0.12	0.42	0.41	-0.09	-0.34	0.55	0.32	-0.37	0.47	-0.33	0.57		-0.39
Short Term Investments	-0.92	-0.4	-0.73	-0.78	-0.79	-0.91	-0.69	0.25	-0.85	-0.41	-0.67	-0.84	0.2	-0.44	-0.69	-0.85	0.61	-0.11	-0.78	-0.76	0.97	-0.75	-0.29	-0.92	-0.39

Click cells to compare fundamentals

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Velan Capex To Depreciation vs Price To Sales Ratio Analysis

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Price To Sales Ratio

Velan fundamental ratios Correlations

Velan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Other Information on Investing in Velan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Short Term Investments	+ 0.97	Other Stockholder Equity
Current Deferred Revenue	+ 0.96	Total Current Liabilities

Short Term Investments	- 0.92	Total Current Assets
Total Current Assets	- 0.92	Other Stockholder Equity
Short Term Investments	- 0.92	Total Assets
Short Term Investments	- 0.91	Property Plant And Equipment Net
Other Stockholder Equity	- 0.9	Total Assets
Short Term Investments	- 0.85	Net Receivables