Celestica Stock Current Ratio

CLS Stock

USD 96.03 4.11 4.47%

Celestica fundamentals help investors to digest information that contributes to Celestica's financial success or failures. It also enables traders to predict the movement of Celestica Stock. The fundamental analysis module provides a way to measure Celestica's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Celestica stock.

		Last Reported	Projected for Next Year
	Current Ratio	1.49	2.02

Current Ratio is likely to gain to 2.02 in 2025.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Celestica Company Current Ratio Analysis

Celestica's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Celestica Current Ratio

1.43 X

Most of Celestica's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Celestica is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Celestica Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Celestica is extremely important. It helps to project a fair market value of Celestica Stock properly, considering its historical fundamentals such as Current Ratio. Since Celestica's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Celestica's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Celestica's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Long Term Debt	Common Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.83	0.61	0.37	0.94	0.96	0.62	0.98	0.99	0.13	0.6	0.89	-0.67	0.32	-0.33	-0.49	-0.77	-0.69	-0.66	0.04	0.9	0.92	0.64	0.93	0.67	-0.76
Total Stockholder Equity	0.83		0.09	-0.12	0.82	0.79	0.14	0.71	0.87	0.15	0.11	0.65	-0.32	-0.19	-0.73	-0.82	-0.55	-0.4	-0.49	-0.01	0.6	0.66	0.5	0.64	0.53	-0.53
Net Debt	0.61	0.09		0.83	0.49	0.6	0.93	0.7	0.51	0.23	0.95	0.73	-0.77	0.79	0.36	0.21	-0.47	-0.77	-0.64	0.31	0.8	0.73	0.38	0.81	0.41	-0.65
Retained Earnings	0.37	-0.12	0.83		0.19	0.4	0.86	0.45	0.28	-0.17	0.77	0.38	-0.54	0.79	0.64	0.52	-0.35	-0.41	-0.43	-0.05	0.5	0.6	0.55	0.6	0.58	-0.64
Accounts Payable	0.94	0.82	0.49	0.19		0.85	0.48	0.9	0.95	0.12	0.48	0.85	-0.53	0.14	-0.44	-0.58	-0.78	-0.64	-0.59	0.04	0.81	0.77	0.55	0.83	0.57	-0.65
Net Receivables	0.96	0.79	0.6	0.4	0.85		0.61	0.95	0.95	0.17	0.59	0.87	-0.68	0.33	-0.29	-0.44	-0.68	-0.67	-0.63	0.07	0.9	0.92	0.59	0.9	0.7	-0.67
Good Will	0.62	0.14	0.93	0.86	0.48	0.61		0.7	0.53	0.06	0.97	0.71	-0.57	0.85	0.45	0.29	-0.59	-0.63	-0.65	0.1	0.8	0.77	0.48	0.81	0.52	-0.72
Total Liab	0.98	0.71	0.7	0.45	0.9	0.95	0.7		0.96	0.13	0.7	0.9	-0.74	0.47	-0.18	-0.35	-0.76	-0.69	-0.64	0.05	0.93	0.92	0.58	0.92	0.62	-0.69
Total Current Assets	0.99	0.87	0.51	0.28	0.95	0.95	0.53	0.96		0.1	0.5	0.85	-0.63	0.23	-0.41	-0.56	-0.76	-0.62	-0.6	-0.01	0.84	0.87	0.64	0.88	0.66	-0.7
Short Term Debt	0.13	0.15	0.23	-0.17	0.12	0.17	0.06	0.13	0.1		0.2	0.3	-0.26	0.03	-0.31	-0.33	0.22	-0.46	-0.36	0.92	0.28	0.11	-0.34	0.2	-0.38	-0.02
Intangible Assets	0.6	0.11	0.95	0.77	0.48	0.59	0.97	0.7	0.5	0.2		0.76	-0.63	0.85	0.41	0.26	-0.53	-0.69	-0.66	0.26	0.83	0.71	0.3	0.79	0.36	-0.6
Long Term Debt	0.89	0.65	0.73	0.38	0.85	0.87	0.71	0.9	0.85	0.3	0.76		-0.68	0.39	-0.23	-0.38	-0.69	-0.84	-0.71	0.28	0.98	0.87	0.38	0.93	0.51	-0.66
Common Stock	-0.67	-0.32	-0.77	-0.54	-0.53	-0.68	-0.57	-0.74	-0.63	-0.26	-0.63	-0.68		-0.45	0.05	0.17	0.3	0.73	0.5	-0.34	-0.71	-0.72	-0.29	-0.71	-0.35	0.48
Property Plant Equipment	0.32	-0.19	0.79	0.79	0.14	0.33	0.85	0.47	0.23	0.03	0.85	0.39	-0.45		0.72	0.6	-0.32	-0.29	-0.44	0.08	0.53	0.48	0.25	0.49	0.2	-0.35
Current Deferred Revenue	-0.33	-0.73	0.36	0.64	-0.44	-0.29	0.45	-0.18	-0.41	-0.31	0.41	-0.23	0.05	0.72		0.98	0.11	0.23	0.07	-0.18	-0.11	-0.11	0.01	-0.12	-0.01	0.08
Short Term Investments	-0.49	-0.82	0.21	0.52	-0.58	-0.44	0.29	-0.35	-0.56	-0.33	0.26	-0.38	0.17	0.6	0.98		0.23	0.34	0.21	-0.19	-0.26	-0.27	-0.11	-0.28	-0.12	0.23
Treasury Stock	-0.77	-0.55	-0.47	-0.35	-0.78	-0.68	-0.59	-0.76	-0.76	0.22	-0.53	-0.69	0.3	-0.32	0.11	0.23		0.53	0.36	0.32	-0.69	-0.69	-0.59	-0.71	-0.61	0.69
Net Tangible Assets	-0.69	-0.4	-0.77	-0.41	-0.64	-0.67	-0.63	-0.69	-0.62	-0.46	-0.69	-0.84	0.73	-0.29	0.23	0.34	0.53		0.58	-0.5	-0.83	-0.72	-0.21	-0.81	-0.33	0.66
Deferred Long Term Liab	-0.66	-0.49	-0.64	-0.43	-0.59	-0.63	-0.65	-0.64	-0.6	-0.36	-0.66	-0.71	0.5	-0.44	0.07	0.21	0.36	0.58		-0.31	-0.73	-0.68	-0.34	-0.74	-0.35	0.61
Short Long Term Debt	0.04	-0.01	0.31	-0.05	0.04	0.07	0.1	0.05	-0.01	0.92	0.26	0.28	-0.34	0.08	-0.18	-0.19	0.32	-0.5	-0.31		0.26	0.09	-0.39	0.19	-0.39	0.02
Long Term Debt Total	0.9	0.6	0.8	0.5	0.81	0.9	0.8	0.93	0.84	0.28	0.83	0.98	-0.71	0.53	-0.11	-0.26	-0.69	-0.83	-0.73	0.26		0.9	0.43	0.95	0.54	-0.69
Capital Surpluse	0.92	0.66	0.73	0.6	0.77	0.92	0.77	0.92	0.87	0.11	0.71	0.87	-0.72	0.48	-0.11	-0.27	-0.69	-0.72	-0.68	0.09	0.9		0.65	0.96	0.75	-0.83
Cash And Equivalents	0.64	0.5	0.38	0.55	0.55	0.59	0.48	0.58	0.64	-0.34	0.3	0.38	-0.29	0.25	0.01	-0.11	-0.59	-0.21	-0.34	-0.39	0.43	0.65		0.63	0.87	-0.77
Net Invested Capital	0.93	0.64	0.81	0.6	0.83	0.9	0.81	0.92	0.88	0.2	0.79	0.93	-0.71	0.49	-0.12	-0.28	-0.71	-0.81	-0.74	0.19	0.95	0.96	0.63		0.69	-0.85
Net Working Capital	0.67	0.53	0.41	0.58	0.57	0.7	0.52	0.62	0.66	-0.38	0.36	0.51	-0.35	0.2	-0.01	-0.12	-0.61	-0.33	-0.35	-0.39	0.54	0.75	0.87	0.69		-0.73
Capital Stock	-0.76	-0.53	-0.65	-0.64	-0.65	-0.67	-0.72	-0.69	-0.7	-0.02	-0.6	-0.66	0.48	-0.35	0.08	0.23	0.69	0.66	0.61	0.02	-0.69	-0.83	-0.77	-0.85	-0.73

Click cells to compare fundamentals

Celestica Current Ratio Historical Pattern

Today, most investors in Celestica Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Celestica's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Celestica current ratio as a starting point in their analysis.

Celestica Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict Celestica

Current Ratio Over Time

Celestica Price To Sales Ratio

Price To Sales Ratio

1.19

At this time, Celestica's Price To Sales Ratio is comparatively stable compared to the past year.

In accordance with the recently published financial statements, Celestica has a Current Ratio of 1.43 times. This is 49.47% lower than that of the Electronic Equipment, Instruments & Components sector and 52.96% lower than that of the Information Technology industry. The current ratio for all United States stocks is 33.8% higher than that of the company.

Celestica Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Celestica's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Celestica could also be used in its relative valuation, which is a method of valuing Celestica by comparing valuation metrics of similar companies.

Celestica is currently under evaluation in current ratio category among its peers.

Celestica ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Celestica's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Celestica's managers, analysts, and investors.

Environmental

Governance

Social

Celestica Fundamentals

	Return On Equity	0.23
	Return On Asset	0.0647
	Profit Margin	0.04 %
	Operating Margin	0.08 %
	Current Valuation	10.53 B
	Shares Outstanding	115.96 M
	Shares Owned By Insiders	0.99 %
	Shares Owned By Institutions	80.24 %
	Number Of Shares Shorted	2.63 M
	Price To Earning	19.74 X
	Price To Book	5.35 X
	Price To Sales	1.10 X
	Revenue	9.65 B
	Gross Profit	1.03 B
	EBITDA	736.2 M
	Net Income	428 M
	Cash And Equivalents	374.5 M
	Cash Per Share	2.96 X
	Total Debt	796.7 M
	Debt To Equity	0.50 %
	Current Ratio	1.43 X
	Book Value Per Share	16.35 X
	Cash Flow From Operations	473.9 M
	Short Ratio	0.45 X
	Earnings Per Share	3.80 X
	Price To Earnings To Growth	19.42 X
	Target Price	140.3
	Number Of Employees	21.91 K
	Beta	2.17
	Market Capitalization	10.66 B
	Total Asset	5.99 B
	Retained Earnings	(423.8 M)
	Working Capital	1.49 B
	Current Asset	2.12 B
	Current Liabilities	1.13 B
	Net Asset	5.99 B

About Celestica Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Celestica's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Celestica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Celestica based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional 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.

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