Velan Net Income vs Capital Expenditures Analysis

VLN Stock

CAD 10.96 0.02 0.18%

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 Net Income and its Capital Expenditures 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.

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Velan Inc Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have weak relationship.

The correlation between Velan's Net Income and Capital Expenditures is 0.39. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures 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 Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Velan Inc are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Velan's Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Velan Inc financial statement analysis. It represents the amount of money remaining after all of Velan Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Capital Expenditures

Capital Expenditures are funds used by Velan Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Velan operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 4th of January 2025, Enterprise Value Over EBITDA is likely to grow to 8.89, while Selling General Administrative is likely to drop about 71.2 M.

	2022	2023	2024	2025 (projected)
Interest Expense	2.0M	6.8M	7.8M	8.2M
Depreciation And Amortization	10.7M	11.2M	12.8M	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	0.75	0.94	0.81	0.95	0.88	-0.18	0.84	0.32	0.68	0.93	0.1	0.37	0.71	0.83	-0.49	-0.06	0.87	0.56	-0.9	0.77	0.17	0.99	0.59	-0.91
Short Long Term Debt Total	0.6		0.33	0.72	0.35	0.51	0.78	0.5	0.3	0.31	0.23	0.66	0.42	0.49	0.21	0.59	-0.1	-0.04	0.54	0.4	-0.36	0.6	0.25	0.55	0.59	-0.4
Other Current Liab	0.75	0.33		0.61	0.78	0.87	0.62	-0.48	0.82	-0.07	0.78	0.83	-0.14	0.4	0.79	0.71	-0.25	-0.27	0.45	0.27	-0.64	0.41	0.07	0.69	0.14	-0.73
Total Current Liabilities	0.94	0.72	0.61		0.77	0.86	0.95	-0.07	0.75	0.24	0.66	0.92	0.37	0.32	0.67	0.74	-0.33	-0.19	0.82	0.47	-0.75	0.72	0.01	0.91	0.81	-0.78
Total Stockholder Equity	0.81	0.35	0.78	0.77		0.9	0.79	-0.54	0.98	-0.21	0.94	0.9	0.11	0.18	0.96	0.65	-0.31	-0.46	0.48	0.25	-0.7	0.25	-0.21	0.74	0.48	-0.76
Property Plant And Equipment Net	0.95	0.51	0.87	0.86	0.9		0.84	-0.34	0.93	0.12	0.8	0.97	-0.04	0.43	0.82	0.82	-0.44	-0.2	0.69	0.48	-0.85	0.59	0.09	0.9	0.45	-0.91
Current Deferred Revenue	0.88	0.78	0.62	0.95	0.79	0.84		-0.07	0.75	0.07	0.7	0.91	0.44	0.23	0.7	0.67	-0.16	-0.34	0.73	0.28	-0.64	0.6	-0.06	0.83	0.72	-0.69
Net Debt	-0.18	0.5	-0.48	-0.07	-0.54	-0.34	-0.07		-0.56	0.6	-0.69	-0.25	0.11	0.38	-0.69	0.02	-0.12	0.56	0.08	0.37	0.15	0.29	0.57	-0.14	0.07	0.25
Retained Earnings	0.84	0.3	0.82	0.75	0.98	0.93	0.75	-0.56		-0.15	0.9	0.89	-0.05	0.19	0.92	0.72	-0.35	-0.39	0.53	0.31	-0.78	0.33	-0.14	0.78	0.4	-0.84
Accounts Payable	0.32	0.31	-0.07	0.24	-0.21	0.12	0.07	0.6	-0.15		-0.38	0.07	-0.19	0.52	-0.33	0.33	-0.68	0.86	0.6	0.78	-0.46	0.75	0.81	0.41	0.14	-0.32
Cash	0.68	0.23	0.78	0.66	0.94	0.8	0.7	-0.69	0.9	-0.38		0.82	0.21	0.05	0.99	0.45	-0.12	-0.57	0.33	0.02	-0.52	0.11	-0.36	0.59	0.41	-0.64
Non Current Assets Total	0.93	0.66	0.83	0.92	0.9	0.97	0.91	-0.25	0.89	0.07	0.82		0.17	0.44	0.83	0.79	-0.33	-0.29	0.66	0.43	-0.76	0.57	0.01	0.86	0.59	-0.84
Non Currrent Assets Other	0.1	0.42	-0.14	0.37	0.11	-0.04	0.44	0.11	-0.05	-0.19	0.21	0.17		-0.3	0.18	-0.22	0.38	-0.38	0.16	-0.35	0.22	0.04	-0.39	0.07	0.63	0.19
Other Assets	0.37	0.49	0.4	0.32	0.18	0.43	0.23	0.38	0.19	0.52	0.05	0.44	-0.3		0.07	0.57	-0.58	0.38	0.22	0.76	-0.4	0.42	0.61	0.32	0.12	-0.41
Cash And Short Term Investments	0.71	0.21	0.79	0.67	0.96	0.82	0.7	-0.69	0.92	-0.33	0.99	0.83	0.18	0.07		0.48	-0.19	-0.52	0.38	0.06	-0.56	0.14	-0.3	0.63	0.4	-0.66
Net Receivables	0.83	0.59	0.71	0.74	0.65	0.82	0.67	0.02	0.72	0.33	0.45	0.79	-0.22	0.57	0.48		-0.52	0.04	0.63	0.72	-0.83	0.67	0.28	0.81	0.41	-0.85
Common Stock Shares Outstanding	-0.49	-0.1	-0.25	-0.33	-0.31	-0.44	-0.16	-0.12	-0.35	-0.68	-0.12	-0.33	0.38	-0.58	-0.19	-0.52		-0.65	-0.5	-0.86	0.72	-0.47	-0.66	-0.53	-0.11	0.62
Non Current Liabilities Total	-0.06	-0.04	-0.27	-0.19	-0.46	-0.2	-0.34	0.56	-0.39	0.86	-0.57	-0.29	-0.38	0.38	-0.52	0.04	-0.65		0.25	0.61	-0.22	0.41	0.88	0.05	-0.28	-0.08
Inventory	0.87	0.54	0.45	0.82	0.48	0.69	0.73	0.08	0.53	0.6	0.33	0.66	0.16	0.22	0.38	0.63	-0.5	0.25		0.57	-0.82	0.92	0.38	0.93	0.54	-0.75
Other Current Assets	0.56	0.4	0.27	0.47	0.25	0.48	0.28	0.37	0.31	0.78	0.02	0.43	-0.35	0.76	0.06	0.72	-0.86	0.61	0.57		-0.74	0.67	0.67	0.6	0.29	-0.67
Other Stockholder Equity	-0.9	-0.36	-0.64	-0.75	-0.7	-0.85	-0.64	0.15	-0.78	-0.46	-0.52	-0.76	0.22	-0.4	-0.56	-0.83	0.72	-0.22	-0.82	-0.74		-0.73	-0.37	-0.92	-0.37	0.97
Total Liab	0.77	0.6	0.41	0.72	0.25	0.59	0.6	0.29	0.33	0.75	0.11	0.57	0.04	0.42	0.14	0.67	-0.47	0.41	0.92	0.67	-0.73		0.52	0.83	0.44	-0.68
Property Plant And Equipment Gross	0.17	0.25	0.07	0.01	-0.21	0.09	-0.06	0.57	-0.14	0.81	-0.36	0.01	-0.39	0.61	-0.3	0.28	-0.66	0.88	0.38	0.67	-0.37	0.52		0.23	-0.3	-0.25
Total Current Assets	0.99	0.55	0.69	0.91	0.74	0.9	0.83	-0.14	0.78	0.41	0.59	0.86	0.07	0.32	0.63	0.81	-0.53	0.05	0.93	0.6	-0.92	0.83	0.23		0.57	-0.91
Short Term Debt	0.59	0.59	0.14	0.81	0.48	0.45	0.72	0.07	0.4	0.14	0.41	0.59	0.63	0.12	0.4	0.41	-0.11	-0.28	0.54	0.29	-0.37	0.44	-0.3	0.57		-0.39
Short Term Investments	-0.91	-0.4	-0.73	-0.78	-0.76	-0.91	-0.69	0.25	-0.84	-0.32	-0.64	-0.84	0.19	-0.41	-0.66	-0.85	0.62	-0.08	-0.75	-0.67	0.97	-0.68	-0.25	-0.91	-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 Net Income vs Capital Expenditures Analysis

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Net Income

Capital Expenditures

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
Cash And Short Term Investments	+ 0.96	Total Stockholder Equity

Total Current Assets	- 0.92	Other Stockholder Equity
Short Term Investments	- 0.91	Total Current Assets
Short Term Investments	- 0.91	Property Plant And Equipment Net
Short Term Investments	- 0.91	Total Assets
Other Stockholder Equity	- 0.9	Total Assets
Other Current Assets	- 0.86	Common Stock Shares Outstanding