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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTW's short term assets ($4.3B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: CTW's short term assets ($4.3B) exceed its long term liabilities ($958.7M).
Debt to Equity History and Analysis
Debt Level: CTW's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: CTW's debt to equity ratio has reduced from 50.5% to 36.8% over the past 5 years.
Debt Coverage: CTW's debt is well covered by operating cash flow (77.5%).
Interest Coverage: CTW's interest payments on its debt are well covered by EBIT (6.3x coverage).