Celestica Return On Tangible Assets from 2010 to 2024

CLS Stock  USD 85.60  3.56  3.99%   
Celestica Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.04664556
Current Value
0.049
Quarterly Volatility
0.01752813
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Celestica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Celestica's main balance sheet or income statement drivers, such as Depreciation And Amortization of 104.8 M, Interest Expense of 80.4 M or Selling General Administrative of 268.5 M, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.0 or PTB Ratio of 1.67. Celestica financial statements analysis is a perfect complement when working with Celestica Valuation or Volatility modules.
  
Check out the analysis of Celestica Correlation against competitors.
For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.

Latest Celestica's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Celestica over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Celestica's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Celestica's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Celestica Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation49.55
Mean Deviation0.01
Median0.04
Standard Deviation0.02
Sample Variance0.0003
Range0.0745
R-Value0
Mean Square Error0.0003
R-Squared0.00000357
Significance0.99
Slope0.0000074
Total Sum of Squares0

Celestica Return On Tangible Assets History

2024 0.049
2022 0.0293
2021 0.0262
2020 0.0187
2019 0.0226
2018 0.0304
2017 0.0362

About Celestica Financial Statements

Celestica shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Celestica investors may analyze each financial statement separately, they are all interrelated. The changes in Celestica's assets and liabilities, for example, are also reflected in the revenues and expenses on on Celestica's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.05 

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.