Velan Cash And Equivalents vs. Return On Asset
| VLN Stock | CAD 10.55 0.05 0.48% |
Cash And Equivalents | First Reported 2010-12-31 | Previous Quarter 75.3 M | Current Value 56.5 M | Quarterly Volatility 12.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.26 | 0.2688 |
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For Velan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Velan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Velan Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Velan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Velan Inc over time as well as its relative position and ranking within its peers.
Velan |
Velan Inc Return On Asset vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Velan's current stock value. Our valuation model uses many indicators to compare Velan value to that of its competitors to determine the firm's financial worth. Velan Inc is rated first in cash and equivalents category among its peers. It is rated first in return on asset category among its peers . The ratio of Cash And Equivalents to Return On Asset for Velan Inc is about 2,196,217,391 . At this time, Velan's Cash And Equivalents is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Velan by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Velan's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Velan Return On Asset vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Velan |
| = | 50.51 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Velan |
| = | 0.023 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Velan Return On Asset Comparison
Velan is currently under evaluation in return on asset category among its peers.
Velan Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Velan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Velan will eventually generate negative long term returns. The profitability progress is the general direction of Velan's change in net profit over the period of time. It can combine multiple indicators of Velan, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -38.7 M | -36.8 M | |
| Operating Income | -6 M | -5.7 M | |
| Income Before Tax | -12.3 M | -11.7 M | |
| Total Other Income Expense Net | -6.3 M | -6 M | |
| Net Loss | -19.7 M | -18.8 M | |
| Income Tax Expense | 7.5 M | 9.6 M | |
| Net Loss | -19.8 M | -18.8 M | |
| Net Loss | -16.4 M | -15.6 M | |
| Interest Income | 459 K | 600 K | |
| Net Interest Income | -6.3 M | -6 M | |
| Change To Netincome | -1.2 M | -1.2 M | |
| Net Income Per Share | (0.91) | 0.56 | |
| Income Quality | (0.22) | 1.99 | |
| Net Income Per E B T | 1.60 | 0.50 |
Velan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Velan. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Velan position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Velan's important profitability drivers and their relationship over time.
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Other Information on Investing in Velan Stock
To fully project Velan's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Velan Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Velan's income statement, its balance sheet, and the statement of cash flows.