Celestica Good Will vs Net Debt Analysis

CLS Stock

USD 82.05 2.01 2.39%

Celestica financial indicator trend analysis is way more than just evaluating Celestica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celestica is a good investment. Please check the relationship between Celestica Good Will and its Net Debt accounts. 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 closely tied 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.

Good Will vs Net Debt

Good Will vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celestica Good Will account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Celestica's Good Will and Net Debt is 0.93. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Debt in the same time period over historical financial statements of Celestica, assuming nothing else is changed. The correlation between historical values of Celestica's Good Will and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Celestica are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Good Will i.e., Celestica's Good Will and Net Debt go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 indicators from Celestica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celestica 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 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 closely tied 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 Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 8.61 in 2024, whereas Selling General Administrative is likely to drop slightly above 268.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	487M	636.3M	752.5M	503.6M
Total Revenue	5.6B	7.3B	8.1B	5.4B

Gross Profit Total Revenue

Celestica fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	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	Intangible Assets	Other Liab
Total Assets		0.68	0.86	0.98	0.78	0.92	0.57	0.21	0.94	-0.07	0.92	-0.57	-0.07	0.96	0.56	-0.5	0.75	0.96	0.77	0.11	0.97	0.66	0.99	0.3	0.57	0.74
Short Long Term Debt Total	0.68		0.53	0.65	0.2	0.59	0.9	0.63	0.54	-0.62	0.88	-0.8	-0.62	0.73	0.82	-0.84	0.95	0.64	0.39	-0.27	0.78	0.36	0.59	0.43	0.91	0.35
Other Current Liab	0.86	0.53		0.82	0.63	0.7	0.58	0.38	0.77	-0.08	0.75	-0.55	-0.08	0.77	0.64	-0.41	0.55	0.78	0.96	0.11	0.79	0.89	0.83	0.03	0.54	0.45
Total Current Liabilities	0.98	0.65	0.82		0.75	0.91	0.53	0.21	0.92	-0.13	0.9	-0.5	-0.13	0.95	0.54	-0.47	0.72	0.98	0.75	0.09	0.98	0.6	0.98	0.2	0.55	0.71
Total Stockholder Equity	0.78	0.2	0.63	0.75		0.83	-0.01	-0.38	0.8	0.5	0.55	-0.21	0.5	0.74	0.01	0.01	0.24	0.73	0.59	0.3	0.64	0.51	0.84	0.3	0.01	0.77
Property Plant And Equipment Net	0.92	0.59	0.7	0.91	0.83		0.4	0.01	0.81	0.05	0.86	-0.49	0.05	0.94	0.37	-0.41	0.65	0.87	0.61	0.07	0.89	0.57	0.93	0.44	0.41	0.83
Net Debt	0.57	0.9	0.58	0.53	-0.01	0.4		0.83	0.44	-0.71	0.77	-0.8	-0.71	0.59	0.93	-0.85	0.9	0.52	0.48	-0.25	0.68	0.47	0.46	0.3	0.95	0.17
Retained Earnings	0.21	0.63	0.38	0.21	-0.38	0.01	0.83		0.04	-0.87	0.42	-0.54	-0.87	0.21	0.84	-0.74	0.59	0.21	0.36	-0.33	0.34	0.35	0.1	-0.11	0.78	-0.22
Accounts Payable	0.94	0.54	0.77	0.92	0.8	0.81	0.44	0.04		0.07	0.8	-0.43	0.07	0.88	0.42	-0.34	0.64	0.92	0.69	0.27	0.89	0.54	0.95	0.27	0.44	0.72
Cash	-0.07	-0.62	-0.08	-0.13	0.5	0.05	-0.71	-0.87	0.07		-0.38	0.48	1.0	-0.12	-0.73	0.64	-0.57	-0.15	-0.04	0.47	-0.28	0.02	0.02	0.1	-0.76	0.27
Non Current Assets Total	0.92	0.88	0.75	0.9	0.55	0.86	0.77	0.42	0.8	-0.38		-0.78	-0.38	0.92	0.76	-0.65	0.91	0.88	0.61	-0.05	0.96	0.54	0.86	0.4	0.81	0.62
Non Currrent Assets Other	-0.57	-0.8	-0.55	-0.5	-0.21	-0.49	-0.8	-0.54	-0.43	0.48	-0.78		0.48	-0.61	-0.86	0.5	-0.75	-0.45	-0.39	-0.02	-0.61	-0.46	-0.46	-0.49	-0.88	-0.19
Cash And Short Term Investments	-0.07	-0.62	-0.08	-0.13	0.5	0.05	-0.71	-0.87	0.07	1.0	-0.38	0.48		-0.12	-0.73	0.64	-0.57	-0.15	-0.04	0.47	-0.28	0.02	0.02	0.1	-0.76	0.27
Net Receivables	0.96	0.73	0.77	0.95	0.74	0.94	0.59	0.21	0.88	-0.12	0.92	-0.61	-0.12		0.54	-0.53	0.78	0.9	0.68	0.09	0.96	0.64	0.95	0.42	0.59	0.74
Good Will	0.56	0.82	0.64	0.54	0.01	0.37	0.93	0.84	0.42	-0.73	0.76	-0.86	-0.73	0.54		-0.67	0.8	0.52	0.52	-0.12	0.65	0.5	0.45	0.14	0.97	0.07
Common Stock Shares Outstanding	-0.5	-0.84	-0.41	-0.47	0.01	-0.41	-0.85	-0.74	-0.34	0.64	-0.65	0.5	0.64	-0.53	-0.67		-0.85	-0.5	-0.33	0.45	-0.62	-0.29	-0.43	-0.26	-0.73	-0.33
Non Current Liabilities Total	0.75	0.95	0.55	0.72	0.24	0.65	0.9	0.59	0.64	-0.57	0.91	-0.75	-0.57	0.78	0.8	-0.85		0.72	0.41	-0.17	0.85	0.37	0.67	0.44	0.89	0.5
Inventory	0.96	0.64	0.78	0.98	0.73	0.87	0.52	0.21	0.92	-0.15	0.88	-0.45	-0.15	0.9	0.52	-0.5	0.72		0.71	0.06	0.96	0.51	0.97	0.16	0.54	0.72
Other Current Assets	0.77	0.39	0.96	0.75	0.59	0.61	0.48	0.36	0.69	-0.04	0.61	-0.39	-0.04	0.68	0.52	-0.33	0.41	0.71		0.1	0.69	0.88	0.76	-0.06	0.4	0.33
Other Stockholder Equity	0.11	-0.27	0.11	0.09	0.3	0.07	-0.25	-0.33	0.27	0.47	-0.05	-0.02	0.47	0.09	-0.12	0.45	-0.17	0.06	0.1		0.02	0.1	0.15	0.1	-0.17	0.11
Total Liab	0.97	0.78	0.79	0.98	0.64	0.89	0.68	0.34	0.89	-0.28	0.96	-0.61	-0.28	0.96	0.65	-0.62	0.85	0.96	0.69	0.02		0.56	0.95	0.29	0.69	0.69
Property Plant And Equipment Gross	0.66	0.36	0.89	0.6	0.51	0.57	0.47	0.35	0.54	0.02	0.54	-0.46	0.02	0.64	0.5	-0.29	0.37	0.51	0.88	0.1	0.56		0.63	0.05	0.37	0.31
Total Current Assets	0.99	0.59	0.83	0.98	0.84	0.93	0.46	0.1	0.95	0.02	0.86	-0.46	0.02	0.95	0.45	-0.43	0.67	0.97	0.76	0.15	0.95	0.63		0.26	0.46	0.77
Short Term Debt	0.3	0.43	0.03	0.2	0.3	0.44	0.3	-0.11	0.27	0.1	0.4	-0.49	0.1	0.42	0.14	-0.26	0.44	0.16	-0.06	0.1	0.29	0.05	0.26		0.27	0.39
Intangible Assets	0.57	0.91	0.54	0.55	0.01	0.41	0.95	0.78	0.44	-0.76	0.81	-0.88	-0.76	0.59	0.97	-0.73	0.89	0.54	0.4	-0.17	0.69	0.37	0.46	0.27		0.15
Other Liab	0.74	0.35	0.45	0.71	0.77	0.83	0.17	-0.22	0.72	0.27	0.62	-0.19	0.27	0.74	0.07	-0.33	0.5	0.72	0.33	0.11	0.69	0.31	0.77	0.39	0.15

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Celestica Account Relationship Matchups

Celestica fundamental ratios 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

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