Celestica Intangible Assets vs Net Tangible Assets Analysis

CLS Stock

USD 66.15 3.04 4.39%

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 Intangible Assets and its Net Tangible Assets 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.

Intangible Assets vs Net Tangible Assets

Intangible Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celestica Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Celestica's Intangible Assets and Net Tangible Assets is -0.69. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Celestica, assuming nothing else is changed. The correlation between historical values of Celestica's Intangible Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Celestica are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., Celestica's Intangible Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 4.1 M in 2025, whereas Selling General Administrative is likely to drop slightly above 270.4 M in 2025.

	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	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		0.72	0.91	0.98	0.83	0.94	0.61	0.37	0.94	-0.11	0.94	-0.25	-0.11	0.94	0.62	-0.55	0.79	0.95	0.84	0.28	0.98	0.74	0.99	0.18	0.6	0.71
Short Long Term Debt Total	0.72		0.62	0.69	0.31	0.64	0.91	0.64	0.59	-0.61	0.88	-0.62	-0.61	0.68	0.84	-0.85	0.88	0.68	0.42	-0.11	0.8	0.45	0.65	0.37	0.91	0.38
Other Current Liab	0.91	0.62		0.89	0.7	0.79	0.61	0.54	0.82	-0.14	0.83	-0.09	-0.14	0.81	0.69	-0.49	0.79	0.84	0.85	0.25	0.87	0.89	0.89	-0.01	0.59	0.47
Total Current Liabilities	0.98	0.69	0.89		0.8	0.93	0.57	0.35	0.92	-0.16	0.92	-0.26	-0.16	0.93	0.6	-0.53	0.72	0.97	0.87	0.26	0.98	0.68	0.99	0.1	0.58	0.68
Total Stockholder Equity	0.83	0.31	0.7	0.8		0.86	0.09	-0.12	0.82	0.41	0.64	0.01	0.41	0.79	0.14	-0.11	0.39	0.76	0.76	0.42	0.71	0.6	0.87	0.19	0.11	0.77
Property Plant And Equipment Net	0.94	0.64	0.79	0.93	0.86		0.46	0.22	0.82	-0.01	0.89	-0.24	-0.01	0.94	0.47	-0.48	0.65	0.86	0.8	0.27	0.91	0.68	0.94	0.27	0.46	0.77
Net Debt	0.61	0.91	0.61	0.57	0.09	0.46		0.83	0.49	-0.73	0.78	-0.52	-0.72	0.56	0.93	-0.86	0.93	0.56	0.34	-0.13	0.7	0.5	0.51	0.28	0.95	0.2
Retained Earnings	0.37	0.64	0.54	0.35	-0.12	0.22	0.83		0.19	-0.77	0.52	-0.16	-0.76	0.38	0.86	-0.73	0.74	0.29	0.34	-0.08	0.45	0.57	0.28	-0.1	0.77	-0.12
Accounts Payable	0.94	0.59	0.82	0.92	0.82	0.82	0.49	0.19		0.04	0.82	-0.19	0.04	0.86	0.48	-0.4	0.69	0.93	0.76	0.37	0.9	0.6	0.95	0.16	0.48	0.72
Cash	-0.11	-0.61	-0.14	-0.16	0.41	-0.01	-0.73	-0.77	0.04		-0.37	0.52	1.0	-0.11	-0.73	0.64	-0.44	-0.17	-0.04	0.39	-0.29	-0.03	-0.02	0.03	-0.76	0.28
Non Current Assets Total	0.94	0.88	0.83	0.92	0.64	0.89	0.78	0.52	0.82	-0.37		-0.48	-0.37	0.89	0.79	-0.68	0.86	0.88	0.7	0.16	0.97	0.65	0.89	0.3	0.8	0.62
Non Currrent Assets Other	-0.25	-0.62	-0.09	-0.26	0.01	-0.24	-0.52	-0.16	-0.19	0.52	-0.48		0.52	-0.14	-0.52	0.35	-0.35	-0.31	0.12	0.18	-0.35	0.14	-0.18	-0.66	-0.67	-0.1
Cash And Short Term Investments	-0.11	-0.61	-0.14	-0.16	0.41	-0.01	-0.72	-0.76	0.04	1.0	-0.37	0.52		-0.11	-0.73	0.64	-0.44	-0.17	-0.04	0.39	-0.28	-0.03	-0.02	0.03	-0.76	0.28
Net Receivables	0.94	0.68	0.81	0.93	0.79	0.94	0.56	0.38	0.86	-0.11	0.89	-0.14	-0.11		0.54	-0.59	0.74	0.85	0.83	0.3	0.93	0.74	0.94	0.18	0.52	0.73
Good Will	0.62	0.84	0.69	0.6	0.14	0.47	0.93	0.86	0.48	-0.73	0.79	-0.52	-0.73	0.54		-0.7	0.87	0.57	0.42	0.03	0.7	0.57	0.53	0.16	0.97	0.12
Common Stock Shares Outstanding	-0.55	-0.85	-0.49	-0.53	-0.11	-0.48	-0.86	-0.73	-0.4	0.64	-0.68	0.35	0.64	-0.59	-0.7		-0.79	-0.54	-0.32	0.28	-0.65	-0.38	-0.49	-0.19	-0.75	-0.36
Non Current Liabilities Total	0.79	0.88	0.79	0.72	0.39	0.65	0.93	0.74	0.69	-0.44	0.86	-0.35	-0.44	0.74	0.87	-0.79		0.69	0.51	0.1	0.81	0.71	0.71	0.27	0.86	0.44
Inventory	0.95	0.68	0.84	0.97	0.76	0.86	0.56	0.29	0.93	-0.17	0.88	-0.31	-0.17	0.85	0.57	-0.54	0.69		0.8	0.17	0.95	0.56	0.96	0.1	0.57	0.69
Other Current Assets	0.84	0.42	0.85	0.87	0.76	0.8	0.34	0.34	0.76	-0.04	0.7	0.12	-0.04	0.83	0.42	-0.32	0.51	0.8		0.31	0.8	0.77	0.87	-0.2	0.32	0.44
Other Stockholder Equity	0.28	-0.11	0.25	0.26	0.42	0.27	-0.13	-0.08	0.37	0.39	0.16	0.18	0.39	0.3	0.03	0.28	0.1	0.17	0.31		0.2	0.32	0.31	0.01	-0.06	0.23
Total Liab	0.98	0.8	0.87	0.98	0.71	0.91	0.7	0.45	0.9	-0.29	0.97	-0.35	-0.28	0.93	0.7	-0.65	0.81	0.95	0.8	0.2		0.66	0.96	0.17	0.7	0.67
Property Plant And Equipment Gross	0.74	0.45	0.89	0.68	0.6	0.68	0.5	0.57	0.6	-0.03	0.65	0.14	-0.03	0.74	0.57	-0.38	0.71	0.56	0.77	0.32	0.66		0.71	-0.05	0.42	0.33
Total Current Assets	0.99	0.65	0.89	0.99	0.87	0.94	0.51	0.28	0.95	-0.02	0.89	-0.18	-0.02	0.94	0.53	-0.49	0.71	0.96	0.87	0.31	0.96	0.71		0.14	0.5	0.74
Short Term Debt	0.18	0.37	-0.01	0.1	0.19	0.27	0.28	-0.1	0.16	0.03	0.3	-0.66	0.03	0.18	0.16	-0.19	0.27	0.1	-0.2	0.01	0.17	-0.05	0.14		0.3	0.29
Intangible Assets	0.6	0.91	0.59	0.58	0.11	0.46	0.95	0.77	0.48	-0.76	0.8	-0.67	-0.76	0.52	0.97	-0.75	0.86	0.57	0.32	-0.06	0.7	0.42	0.5	0.3		0.17
Other Liab	0.71	0.38	0.47	0.68	0.77	0.77	0.2	-0.12	0.72	0.28	0.62	-0.1	0.28	0.73	0.12	-0.36	0.44	0.69	0.44	0.23	0.67	0.33	0.74	0.29	0.17

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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	796.7M	500.0M
Other Current Liab	539.9M	901.4M	1.5B	1.8B	1.6B	1.7B
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	626.8M	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	34.8M	31.4M	78.2M	80.5M
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
Good Will	198.6M	324.2M	321.8M	321.7M	340.5M	321.8M
Common Stock Shares Outstanding	129.1M	126.7M	123.6M	120.3M	118.7M	145.7M
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	81.7M	84M	208.7M	238.2M	259.3M	144.8M
Other Stockholder Equity	958.8M	980.9M	1.0B	950.4M	2.3B	1.6B
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)	(14.8M)	(17.6M)	(16.7M)
Short Term Debt	132M	51.5M	52.2M	51.6M	26.5M	48.4M
Intangible Assets	229.4M	382M	346.5M	325.2M	308M	259.5M
Other Liab	152M	174.3M	200.1M	161.2M	185.4M	126.0M
Other Assets	56.1M	72.4M	122.4M	(100K)	(90K)	(85.5K)
Long Term Debt	486.1M	742.9M	733.9M	589.3M	770.2M	498.2M
Common Stock	1.8B	1.8B	1.7B	1.7B	1.5B	2.2B
Property Plant Equipment	459.1M	433.5M	452.5M	510.3M	459.3M	375.0M
Current Deferred Revenue	39.9M	47.7M	68.9M	64.5M	58.0M	55.1M
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	99.8M	51.5M	52.2M	17M	26.5M	47.0M
Long Term Debt Total	559.1M	486.1M	742.9M	733.9M	844.0M	519.5M

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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.

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