Velan Inc
TSX:VLN
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| 52 Week Range |
13.3283
19.23
|
| Price Target |
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Balance Sheet
Balance Sheet Decomposition
Velan Inc
Velan Inc
Balance Sheet
Velan Inc
| Feb-2009 | Feb-2010 | Feb-2011 | Feb-2012 | Feb-2013 | Feb-2014 | Feb-2015 | Feb-2016 | Feb-2017 | Feb-2018 | Feb-2019 | Feb-2020 | Feb-2021 | Feb-2022 | Feb-2023 | Feb-2024 | Feb-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||
| Cash & Cash Equivalents |
53
|
102
|
121
|
65
|
77
|
107
|
100
|
89
|
84
|
85
|
71
|
75
|
75
|
54
|
51
|
36
|
35
|
|
| Cash Equivalents |
53
|
102
|
121
|
65
|
77
|
107
|
100
|
89
|
84
|
85
|
71
|
75
|
75
|
54
|
51
|
36
|
35
|
|
| Short-Term Investments |
0
|
0
|
0
|
5
|
0
|
0
|
1
|
3
|
1
|
1
|
1
|
1
|
0
|
9
|
0
|
5
|
0
|
|
| Total Receivables |
100
|
94
|
100
|
122
|
142
|
134
|
111
|
125
|
133
|
145
|
154
|
144
|
139
|
119
|
127
|
126
|
68
|
|
| Accounts Receivables |
81
|
82
|
90
|
107
|
126
|
124
|
105
|
120
|
126
|
130
|
130
|
128
|
122
|
108
|
113
|
110
|
54
|
|
| Other Receivables |
20
|
13
|
10
|
15
|
16
|
11
|
6
|
6
|
7
|
15
|
24
|
16
|
17
|
11
|
14
|
16
|
15
|
|
| Inventory |
167
|
196
|
207
|
259
|
247
|
224
|
204
|
163
|
173
|
171
|
166
|
170
|
204
|
223
|
203
|
209
|
135
|
|
| Other Current Assets |
10
|
10
|
7
|
8
|
6
|
6
|
5
|
5
|
5
|
5
|
5
|
6
|
9
|
7
|
8
|
11
|
180
|
|
| Total Current Assets |
330
|
402
|
435
|
459
|
473
|
471
|
420
|
386
|
395
|
407
|
396
|
396
|
427
|
412
|
388
|
387
|
419
|
|
| PP&E Net |
55
|
70
|
65
|
73
|
91
|
97
|
91
|
95
|
92
|
90
|
84
|
98
|
96
|
74
|
68
|
70
|
51
|
|
| PP&E Gross |
55
|
70
|
65
|
73
|
91
|
97
|
91
|
95
|
92
|
90
|
84
|
98
|
96
|
74
|
68
|
70
|
51
|
|
| Accumulated Depreciation |
107
|
126
|
108
|
122
|
127
|
138
|
140
|
148
|
154
|
168
|
169
|
174
|
168
|
163
|
161
|
167
|
145
|
|
| Intangible Assets |
0
|
0
|
1
|
31
|
19
|
18
|
13
|
12
|
11
|
11
|
9
|
9
|
8
|
8
|
8
|
8
|
6
|
|
| Goodwill |
10
|
12
|
11
|
28
|
24
|
25
|
21
|
9
|
8
|
10
|
9
|
9
|
10
|
9
|
8
|
8
|
0
|
|
| Note Receivable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
|
| Other Long-Term Assets |
3
|
3
|
8
|
12
|
13
|
13
|
14
|
15
|
13
|
23
|
27
|
27
|
34
|
6
|
5
|
6
|
26
|
|
| Other Assets |
10
|
12
|
11
|
28
|
24
|
25
|
21
|
9
|
8
|
10
|
9
|
9
|
10
|
9
|
8
|
8
|
0
|
|
| Total Assets |
398
N/A
|
487
+22%
|
519
+7%
|
602
+16%
|
620
+3%
|
624
+1%
|
559
-11%
|
516
-8%
|
519
+1%
|
540
+4%
|
524
-3%
|
539
+3%
|
581
+8%
|
508
-12%
|
478
-6%
|
479
+0%
|
502
+5%
|
|
| Liabilities | ||||||||||||||||||
| Accounts Payable |
72
|
65
|
66
|
43
|
36
|
31
|
71
|
63
|
61
|
63
|
75
|
74
|
37
|
34
|
40
|
46
|
30
|
|
| Accrued Liabilities |
0
|
0
|
13
|
58
|
68
|
76
|
30
|
31
|
27
|
33
|
23
|
21
|
49
|
42
|
36
|
40
|
46
|
|
| Short-Term Debt |
3
|
3
|
7
|
33
|
51
|
33
|
18
|
6
|
9
|
22
|
32
|
46
|
12
|
1
|
0
|
0
|
3
|
|
| Current Portion of Long-Term Debt |
0
|
0
|
1
|
2
|
11
|
10
|
11
|
8
|
7
|
8
|
9
|
10
|
12
|
9
|
9
|
26
|
4
|
|
| Other Current Liabilities |
53
|
72
|
82
|
105
|
95
|
86
|
63
|
48
|
58
|
65
|
50
|
65
|
99
|
68
|
51
|
49
|
292
|
|
| Total Current Liabilities |
128
|
140
|
168
|
241
|
259
|
236
|
193
|
156
|
162
|
191
|
188
|
216
|
208
|
155
|
137
|
160
|
374
|
|
| Long-Term Debt |
4
|
4
|
4
|
8
|
16
|
12
|
4
|
15
|
15
|
14
|
13
|
25
|
61
|
34
|
31
|
15
|
19
|
|
| Deferred Income Tax |
3
|
4
|
0
|
8
|
8
|
9
|
8
|
3
|
3
|
3
|
4
|
3
|
3
|
4
|
4
|
3
|
1
|
|
| Minority Interest |
2
|
4
|
4
|
8
|
9
|
7
|
7
|
6
|
7
|
6
|
4
|
4
|
3
|
1
|
1
|
1
|
1
|
|
| Other Liabilities |
5
|
7
|
7
|
9
|
8
|
8
|
9
|
9
|
7
|
10
|
10
|
10
|
10
|
50
|
105
|
117
|
9
|
|
| Total Liabilities |
141
N/A
|
158
+12%
|
183
+16%
|
275
+50%
|
300
+9%
|
272
-9%
|
220
-19%
|
188
-14%
|
194
+3%
|
224
+16%
|
220
-2%
|
257
+17%
|
284
+10%
|
244
-14%
|
278
+14%
|
297
+7%
|
404
+36%
|
|
| Equity | ||||||||||||||||||
| Common Stock |
86
|
103
|
80
|
79
|
76
|
77
|
77
|
74
|
74
|
73
|
73
|
73
|
73
|
73
|
73
|
73
|
73
|
|
| Retained Earnings |
171
|
233
|
252
|
251
|
250
|
273
|
284
|
280
|
281
|
257
|
255
|
34
|
239
|
218
|
162
|
142
|
66
|
|
| Additional Paid In Capital |
1
|
2
|
2
|
2
|
2
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
|
| Other Equity |
1
|
9
|
2
|
4
|
9
|
4
|
28
|
33
|
36
|
20
|
29
|
236
|
21
|
32
|
41
|
39
|
47
|
|
| Total Equity |
257
N/A
|
329
+28%
|
336
+2%
|
327
-2%
|
320
-2%
|
352
+10%
|
339
-4%
|
328
-3%
|
325
-1%
|
316
-3%
|
305
-4%
|
281
-8%
|
297
+6%
|
265
-11%
|
200
-25%
|
182
-9%
|
98
-46%
|
|
| Total Liabilities & Equity |
398
N/A
|
487
+22%
|
519
+7%
|
602
+16%
|
620
+3%
|
624
+1%
|
559
-11%
|
516
-8%
|
519
+1%
|
540
+4%
|
524
-3%
|
539
+3%
|
581
+8%
|
508
-12%
|
478
-6%
|
479
+0%
|
502
+5%
|
|
| Shares Outstanding | ||||||||||||||||||
| Common Shares Outstanding |
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
22
|
|
