Celestica Balance Sheet Health
Financial Health criteria checks 6/6
Celestica has a total shareholder equity of $1.7B and total debt of $630.1M, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are $5.7B and $4.0B respectively. Celestica's EBIT is $446.5M making its interest coverage ratio 6.3. It has cash and short-term investments of $308.1M.
Key information
36.8%
Debt to equity ratio
US$630.10m
Debt
Interest coverage ratio | 6.3x |
Cash | US$308.10m |
Equity | US$1.71b |
Total liabilities | US$4.01b |
Total assets | US$5.72b |
Recent financial health updates
Does Celestica (TSE:CLS) Have A Healthy Balance Sheet?
Jan 23Is Celestica (TSE:CLS) A Risky Investment?
Jun 07These 4 Measures Indicate That Celestica (TSE:CLS) Is Using Debt Reasonably Well
Nov 11Is Celestica (TSE:CLS) A Risky Investment?
Jul 21Is Celestica (TSE:CLS) A Risky Investment?
Apr 06Recent updates
Here's Why Celestica (TSE:CLS) Has Caught The Eye Of Investors
Jun 05Results: Celestica Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 26We Think Some Shareholders May Hesitate To Increase Celestica Inc.'s (TSE:CLS) CEO Compensation
Apr 19Should You Be Adding Celestica (TSE:CLS) To Your Watchlist Today?
Feb 23What Celestica Inc.'s (TSE:CLS) 37% Share Price Gain Is Not Telling You
Feb 23Does Celestica (TSE:CLS) Have A Healthy Balance Sheet?
Jan 23Calculating The Intrinsic Value Of Celestica Inc. (TSE:CLS)
Jan 10Why Investors Shouldn't Be Surprised By Celestica Inc.'s (TSE:CLS) P/E
Dec 27Here's Why Celestica (TSE:CLS) Has Caught The Eye Of Investors
Oct 17Is Celestica Inc. (TSE:CLS) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 29Here's Why We Think Celestica (TSE:CLS) Is Well Worth Watching
Jul 08Is Celestica Inc. (TSE:CLS) Trading At A 42% Discount?
Jun 22Is Celestica (TSE:CLS) A Risky Investment?
Jun 07Here's Why We Think Celestica (TSE:CLS) Is Well Worth Watching
Apr 06An Intrinsic Calculation For Celestica Inc. (TSE:CLS) Suggests It's 27% Undervalued
Jan 31Should You Be Adding Celestica (TSE:CLS) To Your Watchlist Today?
Jan 04These 4 Measures Indicate That Celestica (TSE:CLS) Is Using Debt Reasonably Well
Nov 11Is Celestica (TSE:CLS) A Risky Investment?
Jul 21Is Celestica (TSE:CLS) A Risky Investment?
Apr 06Celestica Inc.'s (TSE:CLS) Intrinsic Value Is Potentially 85% Above Its Share Price
Jan 28Financial Position Analysis
Short Term Liabilities: CLS's short term assets ($4.3B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: CLS's short term assets ($4.3B) exceed its long term liabilities ($958.7M).
Debt to Equity History and Analysis
Debt Level: CLS's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: CLS's debt to equity ratio has reduced from 50.5% to 36.8% over the past 5 years.
Debt Coverage: CLS's debt is well covered by operating cash flow (77.5%).
Interest Coverage: CLS's interest payments on its debt are well covered by EBIT (6.3x coverage).