Celestica Inventory vs Net Debt Analysis

CLS Stock

CAD 371.47 12.66 3.30%

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 Inventory 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 state.

To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.

Inventory vs Net Debt

Inventory vs Net Debt Correlation Analysis

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

The correlation between Celestica's Inventory and Net Debt is 0.56. Overlapping area represents the amount of variation of Inventory 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 Inventory 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 Inventory 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 Inventory i.e., Celestica's Inventory and Net Debt go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Inventory

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 state.

To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.At this time, Celestica's Tax Provision is very stable compared to the past year. As of the 22nd of October 2025, Issuance Of Capital Stock is likely to grow to about 4.1 M, while Selling General Administrative is likely to drop about 275.3 M.

	2022	2023	2024	2025 (projected)
Gross Profit	636.3M	778.5M	1.0B	527.3M
Total Revenue	7.3B	8.0B	9.6B	7.5B

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	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	Current Deferred Revenue	Good Will
Total Assets		0.74	0.87	0.98	0.83	0.94	0.61	0.37	0.94	-0.11	0.94	-0.28	-0.11	0.94	-0.56	0.79	0.95	0.85	0.03	0.98	0.74	0.99	-0.02	0.6	0.68	0.1
Short Long Term Debt Total	0.74		0.59	0.71	0.34	0.67	0.9	0.65	0.6	-0.6	0.9	-0.59	-0.6	0.72	-0.85	0.88	0.68	0.48	0.14	0.82	0.48	0.67	0.16	0.9	0.3	0.55
Other Current Liab	0.87	0.59		0.83	0.68	0.75	0.6	0.58	0.77	-0.11	0.78	-0.31	-0.11	0.79	-0.48	0.8	0.76	0.84	-0.36	0.81	0.93	0.84	-0.37	0.56	0.41	0.2
Total Current Liabilities	0.98	0.71	0.83		0.8	0.93	0.57	0.35	0.92	-0.16	0.92	-0.17	-0.16	0.93	-0.53	0.72	0.97	0.88	0.08	0.98	0.68	0.99	-0.04	0.59	0.63	0.14
Total Stockholder Equity	0.83	0.34	0.68	0.8		0.86	0.09	-0.12	0.82	0.41	0.64	-0.07	0.41	0.79	-0.12	0.39	0.76	0.77	0.01	0.71	0.6	0.87	0.03	0.11	0.81	-0.41
Property Plant And Equipment Net	0.94	0.67	0.75	0.93	0.86		0.46	0.22	0.82	-0.01	0.89	-0.22	-0.01	0.94	-0.48	0.65	0.86	0.82	0.09	0.91	0.68	0.94	0.11	0.47	0.71	-0.02
Net Debt	0.61	0.9	0.6	0.57	0.09	0.46		0.83	0.49	-0.73	0.78	-0.61	-0.72	0.57	-0.86	0.93	0.56	0.34	0.02	0.7	0.5	0.51	0.06	0.95	0.15	0.72
Retained Earnings	0.37	0.65	0.58	0.35	-0.12	0.22	0.83		0.19	-0.77	0.52	-0.46	-0.76	0.38	-0.73	0.74	0.29	0.33	-0.38	0.45	0.57	0.28	-0.36	0.77	-0.26	0.83
Accounts Payable	0.94	0.6	0.77	0.92	0.82	0.82	0.49	0.19		0.04	0.82	-0.2	0.04	0.86	-0.4	0.69	0.93	0.76	0.08	0.9	0.6	0.95	0.03	0.49	0.76	-0.04
Cash	-0.11	-0.6	-0.11	-0.16	0.41	-0.01	-0.73	-0.77	0.04		-0.37	0.33	1.0	-0.11	0.64	-0.44	-0.17	-0.04	-0.07	-0.29	-0.03	-0.02	0.07	-0.76	0.42	-0.94
Non Current Assets Total	0.94	0.9	0.78	0.92	0.64	0.89	0.78	0.52	0.82	-0.37		-0.48	-0.37	0.89	-0.69	0.86	0.88	0.71	0.08	0.97	0.65	0.89	0.08	0.81	0.55	0.36
Non Currrent Assets Other	-0.28	-0.59	-0.31	-0.17	-0.07	-0.22	-0.61	-0.46	-0.2	0.33	-0.48		0.33	-0.23	0.35	-0.62	-0.12	0.04	0.27	-0.29	-0.26	-0.18	-0.18	-0.68	-0.17	-0.46
Cash And Short Term Investments	-0.11	-0.6	-0.11	-0.16	0.41	-0.01	-0.72	-0.76	0.04	1.0	-0.37	0.33		-0.11	0.64	-0.44	-0.17	-0.03	-0.07	-0.28	-0.03	-0.02	0.07	-0.76	0.42	-0.94
Net Receivables	0.94	0.72	0.79	0.93	0.79	0.94	0.57	0.38	0.86	-0.11	0.89	-0.23	-0.11		-0.6	0.74	0.85	0.82	-0.02	0.93	0.74	0.94	0.01	0.53	0.65	0.09
Common Stock Shares Outstanding	-0.56	-0.85	-0.48	-0.53	-0.12	-0.48	-0.86	-0.73	-0.4	0.64	-0.69	0.35	0.64	-0.6		-0.8	-0.55	-0.32	-0.21	-0.66	-0.39	-0.5	-0.09	-0.75	-0.14	-0.54
Non Current Liabilities Total	0.79	0.88	0.8	0.72	0.39	0.65	0.93	0.74	0.69	-0.44	0.86	-0.62	-0.44	0.74	-0.8		0.69	0.51	-0.1	0.81	0.71	0.71	-0.01	0.86	0.39	0.47
Inventory	0.95	0.68	0.76	0.97	0.76	0.86	0.56	0.29	0.93	-0.17	0.88	-0.12	-0.17	0.85	-0.55	0.69		0.8	0.23	0.95	0.56	0.96	0.0	0.57	0.64	0.11
Other Current Assets	0.85	0.48	0.84	0.88	0.77	0.82	0.34	0.33	0.76	-0.04	0.71	0.04	-0.03	0.82	-0.32	0.51	0.8		-0.2	0.81	0.77	0.87	-0.34	0.33	0.4	0.04
Other Stockholder Equity	0.03	0.14	-0.36	0.08	0.01	0.09	0.02	-0.38	0.08	-0.07	0.08	0.27	-0.07	-0.02	-0.21	-0.1	0.23	-0.2		0.1	-0.5	0.05	0.68	0.01	0.32	-0.19
Total Liab	0.98	0.82	0.81	0.98	0.71	0.91	0.7	0.45	0.9	-0.29	0.97	-0.29	-0.28	0.93	-0.66	0.81	0.95	0.81	0.1		0.66	0.96	0.02	0.7	0.59	0.26
Property Plant And Equipment Gross	0.74	0.48	0.93	0.68	0.6	0.68	0.5	0.57	0.6	-0.03	0.65	-0.26	-0.03	0.74	-0.39	0.71	0.56	0.77	-0.5	0.66		0.71	-0.39	0.43	0.33	0.14
Total Current Assets	0.99	0.67	0.84	0.99	0.87	0.94	0.51	0.28	0.95	-0.02	0.89	-0.18	-0.02	0.94	-0.5	0.71	0.96	0.87	0.05	0.96	0.71		-0.02	0.51	0.71	0.01
Short Term Debt	-0.02	0.16	-0.37	-0.04	0.03	0.11	0.06	-0.36	0.03	0.07	0.08	-0.18	0.07	0.01	-0.09	-0.01	0.0	-0.34	0.68	0.02	-0.39	-0.02		0.07	0.49	-0.19
Intangible Assets	0.6	0.9	0.56	0.59	0.11	0.47	0.95	0.77	0.49	-0.76	0.81	-0.68	-0.76	0.53	-0.75	0.86	0.57	0.33	0.01	0.7	0.43	0.51	0.07		0.13	0.78
Current Deferred Revenue	0.68	0.3	0.41	0.63	0.81	0.71	0.15	-0.26	0.76	0.42	0.55	-0.17	0.42	0.65	-0.14	0.39	0.64	0.4	0.32	0.59	0.33	0.71	0.49	0.13		-0.46
Good Will	0.1	0.55	0.2	0.14	-0.41	-0.02	0.72	0.83	-0.04	-0.94	0.36	-0.46	-0.94	0.09	-0.54	0.47	0.11	0.04	-0.19	0.26	0.14	0.01	-0.19	0.78	-0.46

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Celestica Account Relationship Matchups

Celestica fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.7B	4.7B	5.6B	5.9B	6.0B	4.3B
Short Long Term Debt Total	585.9M	794.4M	786.1M	782.8M	900.2M	483.6M
Other Current Liab	572.1M	901.4M	1.5B	1.8B	2.1B	2.2B
Total Current Liabilities	1.6B	2.3B	3.1B	3.2B	3.0B	1.8B
Total Stockholder Equity	1.4B	1.5B	1.7B	1.8B	1.9B	1.5B
Property Plant And Equipment Net	433.5M	452.5M	510.3M	626.7M	661.6M	365.0M
Net Debt	122.1M	400.4M	411.6M	412.4M	373.4M	392.1M
Retained Earnings	(1.4B)	(1.3B)	(1.1B)	(839.6M)	(423.8M)	(445.0M)
Accounts Payable	854.5M	1.2B	1.4B	1.3B	1.3B	1.1B
Cash	463.8M	394M	374.5M	370.4M	423.3M	546.0M
Non Current Assets Total	926.9M	1.2B	1.3B	1.4B	1.5B	860.8M
Non Currrent Assets Other	25.5M	25.2M	53.5M	80.1M	25.4M	24.1M
Cash And Short Term Investments	463.8M	394M	374.5M	372.6M	423.3M	546.0M
Net Receivables	1.1B	1.3B	1.4B	1.8B	2.1B	1.1B
Common Stock Shares Outstanding	129.1M	126.7M	123.6M	120.3M	116.1M	145.6M
Liabilities And Stockholders Equity	3.7B	4.7B	5.6B	5.9B	6.0B	4.3B
Non Current Liabilities Total	676.9M	950.4M	895.1M	902.7M	1.1B	1.1B
Inventory	1.1B	1.7B	2.4B	2.1B	1.8B	1.2B
Other Current Assets	88.5M	84M	208.7M	238.2M	250.8M	145.3M
Other Stockholder Equity	958.8M	980.9M	1.0B	950.5M	(17.6M)	(16.7M)
Total Liab	2.3B	3.2B	4.0B	4.1B	4.1B	2.3B
Property Plant And Equipment Gross	433.5M	452.5M	510.3M	1.5B	1.7B	1.7B
Total Current Assets	2.7B	3.4B	4.3B	4.5B	4.5B	3.2B
Accumulated Other Comprehensive Income	(15.2M)	(26.8M)	(1.3M)	(14.9M)	(13.4M)	(12.7M)
Short Term Debt	132.6M	99.8M	51.5M	52.2M	51.6M	0.0
Intangible Assets	229.4M	382M	346.5M	325.2M	314.6M	259.7M
Good Will	198.6M	324.2M	321.8M	321.7M	340.5M	211.0M
Common Stock	1.8B	1.8B	1.7B	1.7B	1.6B	1.8B
Other Liab	152M	174.3M	200.1M	161.2M	185.4M	171.1M
Net Tangible Assets	896.9M	971.7M	747.9M	1.0B	901.9M	830.3M
Other Assets	56.1M	64M	115.1M	(100K)	149.6M	157.1M
Deferred Long Term Liab	4.1M	3.3M	4.7M	3.2M	2.9M	2.7M
Property Plant Equipment	433.5M	452.5M	510.3M	631.8M	661.6M	476.8M
Long Term Debt	486.1M	742.9M	606.6M	589.3M	770.2M	540.7M
Long Term Debt Total	486.1M	742.9M	733.9M	648.3M	770.2M	571.6M
Capital Surpluse	974.5M	1.0B	1.1B	1.0B	797.5M	1.0B
Short Long Term Debt	99.8M	51.5M	52.2M	17M	26.5M	49.4M
Treasury Stock	(20.2M)	(14.8M)	(15.7M)	(48.9M)	(44.0M)	(41.8M)

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:

How To Invest In Celestica

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Is Celestica Stock a good investment?

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What is Celestica's Net Worth?

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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 state.

To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.

You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.

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.

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Celestica Inventory vs Net Debt Analysis

Inventory vs Net Debt

Inventory vs Net Debt Correlation Analysis

Correlation Coefficient

Inventory

Net Debt

Celestica fundamental ratios Correlations

Celestica Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Celestica fundamental ratios Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities

Good Will	- 0.94	Cash And Short Term Investments
Good Will	- 0.94	Cash
Common Stock Shares Outstanding	- 0.86	Net Debt
Common Stock Shares Outstanding	- 0.85	Short Long Term Debt Total
Non Current Liabilities Total	- 0.8	Common Stock Shares Outstanding
Cash	- 0.77	Retained Earnings