CLSCelestica Inc.
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Insiders were net sellers (-$89.2M, 90 days to Oct 9, 2026), selling is often routine.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -81% · now 26% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can CLS take a bad year?
Celestica Inc. carries $275M of net debt at 0.18× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.18×
Net debt / EBITDA · 0.62× a year ago · the load is coming down
- Interest cover
- 21.9×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 76%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $810M
- Cash and short-term investments
- $536M
- Net debt
- $275M
- EBITDA, trailing twelve months
- $1.55B
- Operating profit, trailing twelve months
- $1.37B
- Debt / equity
- 0.33×
- Total debt / EBITDA
- 0.52×
- Annualised volatilitytwo years of daily moves
- 76%
- Worst drawdown on file
- −81%
- Below its 52-week high
- 26%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Electronic Components
Ranks #3 of 25 by RyuScore