Celestica Historical Income Statement

CLS Stock  CAD 120.37  1.50  1.26%   
Historical analysis of Celestica income statement accounts such as Interest Expense of 80.4 M, Selling General Administrative of 271.5 M or Total Revenue of 5.4 B can show how well Celestica performed in making a profits. Evaluating Celestica income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Celestica's future profits or losses.
 
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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.
  
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 board of governors.
To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.

About Celestica Income Statement Analysis

Celestica Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Celestica shareholders. The income statement also shows Celestica investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Celestica Income Statement Chart

At this time, Celestica's Interest Income is very stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Celestica generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Celestica minus its cost of goods sold. It is profit before Celestica operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Celestica. It is also known as Celestica overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Celestica's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.At this time, Celestica's Interest Income is very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit487M636.3M778.5M504.7M
Total Revenue5.6B7.3B8.0B5.4B

Celestica income statement Correlations

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0.840.630.360.690.350.790.760.730.330.690.7-0.570.590.760.790.470.190.99-0.990.940.71
0.740.630.870.870.870.710.710.790.860.910.79-0.180.770.510.430.360.190.6-0.590.590.42
0.60.360.870.841.00.490.50.731.00.860.60.030.650.240.350.420.080.32-0.350.340.32
0.790.690.870.840.830.810.80.970.820.950.82-0.380.780.60.730.710.360.66-0.670.680.67
0.590.350.871.00.830.480.490.721.00.850.60.050.640.230.330.390.060.32-0.340.330.3
0.570.790.710.490.810.480.990.820.470.670.97-0.570.920.740.620.710.40.75-0.720.650.82
0.540.760.710.50.80.490.990.820.470.660.96-0.630.920.70.590.730.420.71-0.680.620.82
0.820.730.790.730.970.720.820.820.70.920.8-0.480.750.640.80.790.480.71-0.710.750.73
0.570.330.861.00.821.00.470.470.70.830.590.060.640.210.310.380.050.3-0.320.310.29
0.890.690.910.860.950.850.670.660.920.830.7-0.250.650.560.70.530.30.68-0.70.750.51
0.530.70.790.60.820.60.970.960.80.590.7-0.40.970.70.510.670.380.65-0.620.560.76
-0.34-0.57-0.180.03-0.380.05-0.57-0.63-0.480.06-0.25-0.4-0.35-0.36-0.53-0.51-0.34-0.590.56-0.52-0.6
0.430.590.770.650.780.640.920.920.750.640.650.97-0.350.50.380.670.280.53-0.50.420.72
0.620.760.510.240.60.230.740.70.640.210.560.7-0.360.50.690.420.530.73-0.710.720.6
0.80.790.430.350.730.330.620.590.80.310.70.51-0.530.380.690.690.280.79-0.820.850.68
0.40.470.360.420.710.390.710.730.790.380.530.67-0.510.670.420.690.450.44-0.440.430.8
0.220.190.190.080.360.060.40.420.480.050.30.38-0.340.280.530.280.450.21-0.140.290.36
0.850.990.60.320.660.320.750.710.710.30.680.65-0.590.530.730.790.440.21-0.990.960.67
-0.87-0.99-0.59-0.35-0.67-0.34-0.72-0.68-0.71-0.32-0.7-0.620.56-0.5-0.71-0.82-0.44-0.14-0.99-0.96-0.66
0.930.940.590.340.680.330.650.620.750.310.750.56-0.520.420.720.850.430.290.96-0.960.61
0.50.710.420.320.670.30.820.820.730.290.510.76-0.60.720.60.680.80.360.67-0.660.61
Click cells to compare fundamentals

Celestica Account Relationship Matchups

Celestica income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization135.4M124.7M126.3M144.8M160.4M104.9M
Interest Expense49.5M37.7M31.7M59.7M76.6M80.4M
Selling General Administrative227.3M230.7M245.1M279.9M279.6M271.5M
Total Revenue5.9B5.7B5.6B7.3B8.0B5.4B
Gross Profit384.7M437.6M487M636.3M778.5M504.7M
Other Operating Expenses5.8B5.6B5.5B7.0B7.6B5.3B
Operating Income93.3M127.9M167.7M263.3M383.2M402.4M
Ebit93.3M127.9M167.7M263.3M383.2M402.4M
Ebitda228.7M252.6M294M408.1M543.6M300.8M
Cost Of Revenue5.5B5.3B5.1B6.6B7.2B5.0B
Total Operating Expenses285.3M286.2M309M366.3M395.3M273.7M
Income Before Tax99.8M90.2M136M203.6M306.6M321.9M
Total Other Income Expense Net6.5M(37.7M)(31.7M)(59.7M)(76.6M)(80.4M)
Net Income70.3M60.6M103.9M145.5M244.6M256.8M
Income Tax Expense29.5M29.6M32.1M58.1M62M65.1M
Research Development28.4M29.9M38.4M46.3M60.9M31.2M
Net Income From Continuing Ops70.3M60.6M103.9M145.5M244.6M125.4M
Net Income Applicable To Common Shares70.3M60.6M103.9M145.5M167.3M109.8M
Tax Provision29.5M29.6M32.1M58.1M62M35.1M
Interest Income49.5M37.7M31.7M59.7M68.7M72.1M
Net Interest Income(51.5M)(37.7M)(34.7M)(59.7M)(76.6M)(72.8M)
Reconciled Depreciation135.4M124.7M126.3M144.8M160.4M134.7M

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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  0.91JPM JPMorgan ChasePairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Celestica is a strong investment it is important to analyze Celestica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Celestica's future performance. For an informed investment choice regarding Celestica Stock, refer to the following important reports:
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 board of governors.
To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.