Celestica Net Borrowings vs Stock Based Compensation Analysis

CLS Stock

USD 84.96 0.28 0.33%

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 Net Borrowings and its Stock Based Compensation 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 bureau of economic analysis.

For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.

Net Borrowings vs Stock Based Compensation

Net Borrowings vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celestica Net Borrowings account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Celestica's Net Borrowings and Stock Based Compensation is -0.02. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Celestica, assuming nothing else is changed. The correlation between historical values of Celestica's Net Borrowings and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Celestica are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Borrowings i.e., Celestica's Net Borrowings and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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 bureau of economic analysis.

For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.At this time, Celestica's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 10.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 268.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	487M	636.3M	778.5M	504.7M
Total Revenue	5.6B	7.3B	8.0B	5.4B

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	Good Will	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	Other Liab
Total Assets		0.68	0.86	0.98	0.79	0.92	0.58	0.21	0.94	-0.07	0.92	-0.55	-0.07	0.96	0.56	-0.5	0.75	0.96	0.78	0.11	0.97	0.67	0.99	0.28	0.57	0.74
Short Long Term Debt Total	0.68		0.52	0.65	0.21	0.6	0.9	0.63	0.54	-0.61	0.88	-0.8	-0.61	0.73	0.82	-0.84	0.95	0.64	0.4	-0.27	0.78	0.36	0.59	0.41	0.91	0.35
Other Current Liab	0.86	0.52		0.82	0.63	0.7	0.58	0.38	0.77	-0.07	0.74	-0.51	-0.07	0.77	0.63	-0.4	0.55	0.78	0.97	0.11	0.79	0.9	0.83	0.01	0.53	0.44
Total Current Liabilities	0.98	0.65	0.82		0.75	0.91	0.53	0.21	0.92	-0.13	0.9	-0.48	-0.13	0.95	0.54	-0.47	0.72	0.98	0.76	0.09	0.98	0.6	0.98	0.18	0.55	0.71
Total Stockholder Equity	0.79	0.21	0.63	0.75		0.83	0.0	-0.38	0.8	0.5	0.55	-0.19	0.5	0.75	0.01	0.0	0.25	0.73	0.59	0.3	0.64	0.51	0.84	0.28	0.02	0.77
Property Plant And Equipment Net	0.92	0.6	0.7	0.91	0.83		0.4	0.02	0.81	0.05	0.86	-0.48	0.05	0.94	0.37	-0.41	0.66	0.87	0.61	0.07	0.89	0.57	0.93	0.43	0.41	0.82
Net Debt	0.58	0.9	0.58	0.53	0.0	0.4		0.83	0.45	-0.71	0.77	-0.79	-0.71	0.59	0.93	-0.85	0.9	0.52	0.49	-0.25	0.68	0.47	0.46	0.29	0.95	0.18
Retained Earnings	0.21	0.63	0.38	0.21	-0.38	0.02	0.83		0.04	-0.87	0.42	-0.53	-0.87	0.21	0.84	-0.74	0.59	0.21	0.37	-0.33	0.34	0.35	0.1	-0.08	0.78	-0.22
Accounts Payable	0.94	0.54	0.77	0.92	0.8	0.81	0.45	0.04		0.07	0.8	-0.42	0.07	0.88	0.42	-0.34	0.64	0.92	0.7	0.27	0.89	0.54	0.95	0.22	0.44	0.72
Cash	-0.07	-0.61	-0.07	-0.13	0.5	0.05	-0.71	-0.87	0.07		-0.37	0.49	1.0	-0.11	-0.73	0.64	-0.57	-0.15	-0.04	0.47	-0.28	0.02	0.02	0.09	-0.76	0.28
Non Current Assets Total	0.92	0.88	0.74	0.9	0.55	0.86	0.77	0.42	0.8	-0.37		-0.77	-0.37	0.92	0.76	-0.65	0.91	0.88	0.62	-0.04	0.96	0.54	0.86	0.39	0.81	0.62
Non Currrent Assets Other	-0.55	-0.8	-0.51	-0.48	-0.19	-0.48	-0.79	-0.53	-0.42	0.49	-0.77		0.49	-0.59	-0.85	0.49	-0.75	-0.44	-0.36	-0.01	-0.6	-0.41	-0.44	-0.52	-0.88	-0.18
Cash And Short Term Investments	-0.07	-0.61	-0.07	-0.13	0.5	0.05	-0.71	-0.87	0.07	1.0	-0.37	0.49		-0.11	-0.73	0.64	-0.57	-0.15	-0.04	0.47	-0.27	0.03	0.03	0.09	-0.76	0.28
Net Receivables	0.96	0.73	0.77	0.95	0.75	0.94	0.59	0.21	0.88	-0.11	0.92	-0.59	-0.11		0.54	-0.53	0.78	0.9	0.69	0.09	0.96	0.64	0.95	0.41	0.59	0.74
Good Will	0.56	0.82	0.63	0.54	0.01	0.37	0.93	0.84	0.42	-0.73	0.76	-0.85	-0.73	0.54		-0.67	0.8	0.52	0.54	-0.12	0.65	0.5	0.45	0.14	0.97	0.07
Common Stock Shares Outstanding	-0.5	-0.84	-0.4	-0.47	0.0	-0.41	-0.85	-0.74	-0.34	0.64	-0.65	0.49	0.64	-0.53	-0.67		-0.85	-0.5	-0.34	0.45	-0.62	-0.29	-0.43	-0.28	-0.73	-0.33
Non Current Liabilities Total	0.75	0.95	0.55	0.72	0.25	0.66	0.9	0.59	0.64	-0.57	0.91	-0.75	-0.57	0.78	0.8	-0.85		0.72	0.42	-0.16	0.85	0.37	0.67	0.43	0.89	0.5
Inventory	0.96	0.64	0.78	0.98	0.73	0.87	0.52	0.21	0.92	-0.15	0.88	-0.44	-0.15	0.9	0.52	-0.5	0.72		0.72	0.06	0.96	0.51	0.97	0.14	0.54	0.72
Other Current Assets	0.78	0.4	0.97	0.76	0.59	0.61	0.49	0.37	0.7	-0.04	0.62	-0.36	-0.04	0.69	0.54	-0.34	0.42	0.72		0.1	0.7	0.89	0.77	-0.07	0.42	0.33
Other Stockholder Equity	0.11	-0.27	0.11	0.09	0.3	0.07	-0.25	-0.33	0.27	0.47	-0.04	-0.01	0.47	0.09	-0.12	0.45	-0.16	0.06	0.1		0.02	0.11	0.15	0.08	-0.17	0.11
Total Liab	0.97	0.78	0.79	0.98	0.64	0.89	0.68	0.34	0.89	-0.28	0.96	-0.6	-0.27	0.96	0.65	-0.62	0.85	0.96	0.7	0.02		0.57	0.95	0.27	0.69	0.69
Property Plant And Equipment Gross	0.67	0.36	0.9	0.6	0.51	0.57	0.47	0.35	0.54	0.02	0.54	-0.41	0.03	0.64	0.5	-0.29	0.37	0.51	0.89	0.11	0.57		0.63	0.04	0.37	0.31
Total Current Assets	0.99	0.59	0.83	0.98	0.84	0.93	0.46	0.1	0.95	0.02	0.86	-0.44	0.03	0.95	0.45	-0.43	0.67	0.97	0.77	0.15	0.95	0.63		0.24	0.46	0.77
Short Term Debt	0.28	0.41	0.01	0.18	0.28	0.43	0.29	-0.08	0.22	0.09	0.39	-0.52	0.09	0.41	0.14	-0.28	0.43	0.14	-0.07	0.08	0.27	0.04	0.24		0.27	0.41
Intangible Assets	0.57	0.91	0.53	0.55	0.02	0.41	0.95	0.78	0.44	-0.76	0.81	-0.88	-0.76	0.59	0.97	-0.73	0.89	0.54	0.42	-0.17	0.69	0.37	0.46	0.27		0.15
Other Liab	0.74	0.35	0.44	0.71	0.77	0.82	0.18	-0.22	0.72	0.28	0.62	-0.18	0.28	0.74	0.07	-0.33	0.5	0.72	0.33	0.11	0.69	0.31	0.77	0.41	0.15

Click cells to compare fundamentals

Celestica Account Relationship Matchups

Celestica fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	3.7B	4.7B	5.6B	5.9B	4.3B
Short Long Term Debt Total	698.7M	585.9M	794.4M	786.1M	782.8M	483.6M
Other Current Liab	410.1M	539.9M	901.4M	1.5B	1.8B	1.9B
Total Current Liabilities	1.5B	1.6B	2.3B	3.1B	3.2B	1.7B
Total Stockholder Equity	1.4B	1.4B	1.5B	1.7B	1.8B	1.5B
Property Plant And Equipment Net	459.1M	433.5M	452.5M	510.3M	626.8M	358.9M
Net Debt	219.2M	122.1M	400.4M	411.6M	412.4M	433.0M
Retained Earnings	(1.4B)	(1.4B)	(1.3B)	(1.1B)	(839.6M)	(881.6M)
Accounts Payable	898M	854.5M	1.2B	1.4B	1.3B	1.1B
Cash	479.5M	463.8M	394M	374.5M	370.4M	553.6M
Non Current Assets Total	968.7M	926.9M	1.2B	1.3B	1.4B	849.0M
Non Currrent Assets Other	26.4M	25.5M	25.2M	34.8M	31.4M	29.8M
Cash And Short Term Investments	479.5M	463.8M	394M	374.5M	372.6M	553.7M
Net Receivables	1.1B	1.1B	1.3B	1.4B	1.8B	1.0B
Good Will	198.3M	198.6M	324.2M	321.8M	321.7M	323.6M
Common Stock Shares Outstanding	131.8M	129.1M	126.7M	123.6M	120.3M	147.6M
Liabilities And Stockholders Equity	3.6B	3.7B	4.7B	5.6B	5.9B	4.3B
Non Current Liabilities Total	730.2M	676.9M	950.4M	895.1M	902.7M	507.5M
Inventory	992.2M	1.1B	1.7B	2.4B	2.1B	1.1B
Other Current Assets	59.2M	81.7M	84M	208.7M	238.2M	250.1M
Other Stockholder Equity	967.8M	958.8M	980.9M	1.0B	950.4M	1.5B
Total Liab	2.2B	2.3B	3.2B	4.0B	4.1B	2.2B
Property Plant And Equipment Gross	459.1M	433.5M	452.5M	510.3M	1.5B	1.6B
Total Current Assets	2.6B	2.7B	3.4B	4.3B	4.5B	3.1B
Accumulated Other Comprehensive Income	(23.6M)	(15.2M)	(26.8M)	(1.3M)	(14.8M)	(14.1M)
Short Term Debt	132.6M	132M	51.5M	52.2M	51.6M	51.5M
Intangible Assets	251.3M	229.4M	382M	346.5M	325.2M	260.0M
Other Liab	152M	174.3M	200.1M	161.2M	185.4M	126.0M
Other Assets	50.3M	56.1M	72.4M	122.4M	(100K)	(95K)
Long Term Debt	471.4M	486.1M	742.9M	733.9M	589.3M	479.8M
Common Stock	1.8B	1.8B	1.8B	1.7B	1.7B	2.2B
Property Plant Equipment	459.1M	433.5M	452.5M	510.3M	459.3M	375.0M
Current Deferred Revenue	33.6M	39.9M	47.7M	68.9M	64.5M	61.2M
Common Stock Total Equity	2.0B	2.0B	1.8B	1.8B	1.7B	2.0B
Treasury Stock	(20.2M)	(14.8M)	(15.7M)	(48.9M)	(44.0M)	(41.8M)
Net Tangible Assets	896.9M	971.7M	756.8M	1.0B	901.9M	831.1M
Deferred Long Term Liab	4.1M	3.3M	4.7M	3.2M	2.9M	2.7M
Short Long Term Debt	139.6M	99.8M	51.5M	52.2M	17M	16.2M
Long Term Debt Total	559.1M	486.1M	742.9M	733.9M	844.0M	519.5M

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