C-Bond Systems (C-Bond Systems) Cash And Cash Equivalents : $0.74 Mil (As of Dec. 2023)

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What is C-Bond Systems Cash And Cash Equivalents?

C-Bond Systems's quarterly cash and cash equivalents declined from Jun. 2023 ($1.51 Mil) to Sep. 2023 ($1.13 Mil) but then stayed the same from Sep. 2023 ($1.13 Mil) to Dec. 2023 ($0.74 Mil).

C-Bond Systems's annual cash and cash equivalents declined from Dec. 2021 ($0.52 Mil) to Dec. 2022 ($0.10 Mil) but then increased from Dec. 2022 ($0.10 Mil) to Dec. 2023 ($0.74 Mil).

C-Bond Systems Cash And Cash Equivalents Historical Data

The historical data trend for C-Bond Systems's Cash And Cash Equivalents 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.

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C-Bond Systems Cash And Cash Equivalents Chart

C-Bond Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.08

0.32

0.52

0.10

0.74

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
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.10	0.08	1.51	1.13	0.74

C-Bond Systems Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

C-Bond Systems (OTCPK:CBNT) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

C-Bond Systems Cash And Cash Equivalents 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 » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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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