CBNT (C-Bond Systems) Debt-to-EBITDA : -1.29 (As of Sep. 2024)

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

C-Bond Systems CBNT -99.80% Debt-to-EBITDA is -1.29 as of Sep. 2024.

Debt-to-EBITDA measures a company's ability to pay off its debt.

C-Bond Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.99 Mil. C-Bond Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1.88 Mil. C-Bond Systems's annualized EBITDA for the quarter that ended in Sep. 2024 was $-2.23 Mil. C-Bond Systems's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -1.28.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

CBNT's Debt-to-EBITDA is not ranked *
in the Chemicals industry.
Industry Median: 1.995
* Ranked among companies with meaningful Debt-to-EBITDA only.

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

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


C-Bond Systems Debt-to-EBITDA Related Terms


C-Bond Systems Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for C-Bond Systems's Debt-to-EBITDA 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.

C-Bond Systems Debt-to-EBITDA Chart

C-Bond Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.16 -0.21 -1.07 0.56

C-Bond Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.05 -0.37 -1.38 -2.45 -1.29

CBNT vs HGAS, CRKN, ILDO: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, C-Bond Systems's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Chemicals Industry

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

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



C-Bond Systems Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.322 + 1.057) / 2.451
=0.56

C-Bond Systems's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.986 + 1.882) / -2.232
=-1.28

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.29 mean?
C-Bond Systems (CBNT) has a Debt-to-EBITDA of -1.29 as of Sep. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on C-Bond Systems.
Is C-Bond Systems' Debt-to-EBITDA too high?
C-Bond Systems' current Debt-to-EBITDA is -1.29.
How does C-Bond Systems' Debt-to-EBITDA compare to HGAS and CRKN?
C-Bond Systems' Debt-to-EBITDA of -1.29 can be compared against companies in the Chemicals industry. The industry median Debt-to-EBITDA is 2.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.00, based on 1,248 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on C-Bond Systems. For the Chemicals industry, the median Debt-to-EBITDA is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C-Bond Systems's current Debt-to-EBITDA is -1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C-Bond Systems stock overvalued right now?
C-Bond Systems (CBNT) has a current Debt-to-EBITDA of -1.29. The current Debt-to-EBITDA is -1.29. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For C-Bond Systems (CBNT), the current Debt-to-EBITDA is -1.29 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

C-Bond Systems Business Description

Address 2029 Pat Booker Road, San Antonio, TX, USA, 78148
C-Bond Systems Inc is a nanotechnology company and the sole owner and developer of the patented C-Bond technology. It engaged in the implementation of proprietary nanotechnology applications and processes to enhance the properties of strength, functionality, and sustainability of brittle material systems. It operates in two divisions: C-Bond and Patriot Glass. The company generates maximum revenue from the Patriot Glass Segment. The Patriot Glass 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 other.