C-Bond Systems (C-Bond Systems) Debt-to-Equity : -0.84 (As of Dec. 2023)

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What is C-Bond Systems Debt-to-Equity?

C-Bond Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.32 Mil. C-Bond Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.06 Mil. C-Bond Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.64 Mil. C-Bond Systems's debt to equity for the quarter that ended in Dec. 2023 was -0.84.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for C-Bond Systems's Debt-to-Equity or its related term are showing as below:

CBNT' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.95 Med: -0.33 Max: 0
Current: -0.84

CBNT's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.35 vs CBNT: -0.84

C-Bond Systems Debt-to-Equity Historical Data

The historical data trend for C-Bond Systems's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

C-Bond Systems Debt-to-Equity Chart

C-Bond Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-0.24

-0.41

-0.95

-0.85

-0.84

C-Bond Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.85	-0.83	-2.87	-2.09	-0.84

Competitive Comparison of C-Bond Systems's Debt-to-Equity

For the Specialty Chemicals subindustry, C-Bond Systems's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

C-Bond Systems's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, C-Bond Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where C-Bond Systems's Debt-to-Equity falls into.

C-Bond Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

C-Bond Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.322	+	1.057)	/	-1.641
	=	-0.84

C-Bond Systems's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.322	+	1.057)	/	-1.641
	=	-0.84

C-Bond Systems (OTCPK:CBNT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

C-Bond Systems Debt-to-Equity Related Terms

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C-Bond Systems (C-Bond Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » C-Bond Systems Inc (OTCPK:CBNT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6035 South Loop East, Houston, TX, USA, 80525

Website

https://www.cbondsystems.com

C-Bond Systems Inc is a nanotechnology company and owner, developer, and manufacturer of the patented C-Bond technology. It operates in two divisions: C-Bond and Mobile Tint. The company generates maximum revenue from the Mobile Tint segment. Mobile Tint segment is engaged in the distribution and installation of window film solutions. C-Bond segment is engaged in the manufacturing and sale of a windshield strengthening water repellent solution as well as a disinfection product, and the sale of multi-purpose glass strengthening primer and window film mounting solutions, including ballistic-resistant film systems and a forced entry system.

Executives

Allison F Tomek	director, officer: PRESIDENT	6035 SOUTH LOOP EAST, HOUSTON TX 77033
Barry M Edelstein	director	1100 GREEN VALLEY ROAD, BRYN MAWR PA 19010
Scott Viggo Thomsen	director	6035 SOUTH LOOP EAST, HOUSTON TX 77033
Scott R Silverman	officer: CEO, PRESIDENT
Pugliese Vincent Joseph Alfred	officer: CEO, Int CFO, Treas., Sec.	6035 SOUTH LOOP EAST, HOUSTON CO 77033
Boco Investments Llc	10 percent owner	103 WEST MOUNTAIN AVENUE, FORT COLLINS CO 80524
Joni K Troska	officer: Secretary	123 NORTH COLLEGE DRIVE, STE. 200, FT. COLLINGS CO 80524
Brian L Klemsz	director, officer: CEO and CFO	1601 OFFICERS ROW, VANCOUVER WA 98661