Celestica Historical Balance Sheet
CLS Stock | USD 44.86 0.86 1.95% |
Trend analysis of Celestica balance sheet accounts such as Short Long Term Debt Total of 483.4 M, Other Current Liabilities of 1.9 B or Total Current Liabilities of 1.7 B provides information on Celestica's total assets, liabilities, and equity, which is the actual value of Celestica to its prevalent stockholders. By breaking down trends over time using Celestica balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Celestica latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Celestica is a good buy for the upcoming year.
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About Celestica Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Celestica at a specified time, usually calculated after every quarter, six months, or one year. Celestica Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Celestica 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 Celestica currently owns. An asset can also be divided into two categories, current and non-current.
Celestica Balance Sheet Chart
Celestica Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Celestica uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Celestica's Property Plant And Equipment Gross is comparatively stable compared to the past year. Common Stock is likely to gain to about 2.2 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 483.4 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Celestica assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Celestica books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Celestica balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Celestica are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most accounts from Celestica's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Celestica current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celestica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.At this time, Celestica's Property Plant And Equipment Gross is comparatively stable compared to the past year. Common Stock is likely to gain to about 2.2 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 483.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 794.4M | 786.1M | 778.8M | 483.4M | Total Assets | 4.7B | 5.6B | 5.9B | 4.3B |
Celestica balance sheet Correlations
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Celestica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Celestica balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 3.7B | 4.7B | 5.6B | 5.9B | 4.3B | |
Short Long Term Debt Total | 698.7M | 585.9M | 794.4M | 786.1M | 778.8M | 483.4M | |
Other Current Liab | 410.1M | 584M | 916M | 1.5B | 1.8B | 1.9B | |
Total Current Liabilities | 1.5B | 1.6B | 2.3B | 3.1B | 3.2B | 1.7B | |
Total Stockholder Equity | 1.4B | 1.4B | 1.5B | 1.7B | 1.8B | 1.5B | |
Property Plant And Equipment Net | 459.1M | 433.5M | 452.5M | 510.3M | 623.5M | 358.8M | |
Net Debt | 219.2M | 122.1M | 400.4M | 411.6M | 410.3M | 430.8M | |
Retained Earnings | (1.4B) | (1.4B) | (1.3B) | (1.1B) | (835.3M) | (877.1M) | |
Accounts Payable | 898M | 854.5M | 1.2B | 1.4B | 1.3B | 1.1B | |
Cash | 479.5M | 463.8M | 394M | 374.5M | 368.5M | 553.6M | |
Non Current Assets Total | 968.7M | 926.9M | 1.2B | 1.3B | 1.4B | 848.7M | |
Non Currrent Assets Other | 26.4M | 25.5M | 25.2M | 34.8M | 27.5M | 26.2M | |
Cash And Short Term Investments | 479.5M | 463.8M | 394M | 374.5M | 368.5M | 553.6M | |
Net Receivables | 1.1B | 1.1B | 1.3B | 1.4B | 1.8B | 1.0B | |
Good Will | 198.3M | 198.6M | 324.2M | 321.8M | 320.1M | 323.6M | |
Common Stock Shares Outstanding | 131.8M | 129.1M | 126.7M | 123.6M | 120.3M | 147.6M | |
Liabilities And Stockholders Equity | 3.6B | 3.7B | 4.7B | 5.6B | 5.9B | 4.3B | |
Non Current Liabilities Total | 730.2M | 676.9M | 950.4M | 895.1M | 898.1M | 507.3M | |
Inventory | 992.2M | 1.1B | 1.7B | 2.4B | 2.1B | 1.1B | |
Other Current Assets | 59.2M | 81.7M | 75.4M | 202.8M | 227.3M | 238.7M | |
Other Stockholder Equity | 967.8M | 958.8M | 980.9M | 1.0B | 945.6M | 1.5B | |
Total Liab | 2.2B | 2.3B | 3.2B | 4.0B | 4.1B | 2.2B | |
Property Plant And Equipment Gross | 459.1M | 433.5M | 452.5M | 510.3M | 1.5B | 1.6B | |
Total Current Assets | 2.6B | 2.7B | 3.4B | 4.3B | 4.5B | 3.1B | |
Accumulated Other Comprehensive Income | (23.6M) | (15.2M) | (26.8M) | (1.3M) | (14.8M) | (14.1M) | |
Short Term Debt | 132.6M | 99.8M | 51.5M | 52.2M | 51.3M | 50.0M | |
Intangible Assets | 251.3M | 229.4M | 382M | 346.5M | 325.2M | 260.0M | |
Other Liab | 152M | 174.3M | 200.1M | 161.2M | 185.4M | 126.0M | |
Other Assets | 50.3M | 56.1M | 72.4M | 122.4M | 1.0 | 0.95 | |
Long Term Debt | 471.4M | 486.1M | 742.9M | 733.9M | 589.3M | 479.8M | |
Common Stock | 1.8B | 1.8B | 1.8B | 1.7B | 1.7B | 2.2B | |
Property Plant Equipment | 459.1M | 433.5M | 452.5M | 510.3M | 459.3M | 375.0M | |
Current Deferred Revenue | 33.6M | 39.9M | 47.7M | 68.9M | 64.5M | 61.2M | |
Common Stock Total Equity | 2.0B | 2.0B | 1.8B | 1.8B | 1.7B | 2.0B | |
Treasury Stock | (20.2M) | (14.8M) | (15.7M) | (48.9M) | (44.0M) | (41.8M) | |
Net Tangible Assets | 896.9M | 971.7M | 756.8M | 1.0B | 901.9M | 831.1M | |
Deferred Long Term Liab | 4.1M | 3.3M | 4.7M | 3.2M | 2.9M | 2.7M | |
Short Long Term Debt | 139.6M | 99.8M | 51.5M | 52.2M | 17M | 16.2M | |
Long Term Debt Total | 559.1M | 486.1M | 742.9M | 733.9M | 844.0M | 519.5M |
Pair Trading with Celestica
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Celestica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Celestica will appreciate offsetting losses from the drop in the long position's value.Moving together with Celestica Stock
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Moving against Celestica Stock
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The ability to find closely correlated positions to Celestica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celestica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Celestica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Celestica to buy it.
The correlation of Celestica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Celestica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celestica moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Celestica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celestica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Celestica Stock analysis
When running Celestica's price analysis, check to measure Celestica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Celestica is operating at the current time. Most of Celestica's value examination focuses on studying past and present price action to predict the probability of Celestica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celestica's price. Additionally, you may evaluate how the addition of Celestica to your portfolios can decrease your overall portfolio volatility.
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Is Celestica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celestica. If investors know Celestica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celestica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.25 | Earnings Share 2.68 | Revenue Per Share 69.739 | Quarterly Revenue Growth 0.202 | Return On Assets 0.0499 |
The market value of Celestica is measured differently than its book value, which is the value of Celestica that is recorded on the company's balance sheet. Investors also form their own opinion of Celestica's value that differs from its market value or its book value, called intrinsic value, which is Celestica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celestica's market value can be influenced by many factors that don't directly affect Celestica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celestica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celestica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celestica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.