• Celestica average debt/equity ratio for 2024 was 0.46, a 9.52% increase from 2023.
• Celestica average debt/equity ratio for 2023 was 0.42, a 10.64% increase from 2022.
• Celestica average debt/equity ratio for 2022 was 0.47, a 23.68% decline from 2021.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.