CBNT (C-Bond Systems) Debt-to-Equity: -0.97 (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

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

C-Bond Systems CBNT -99.80% Debt-to-Equity is -0.97 as of Sep. 2024.

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 Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-2.96 Mil. C-Bond Systems's debt to equity for the quarter that ended in Sep. 2024 was -0.97.

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 is not ranked *
in the Chemicals industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

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


C-Bond Systems Debt-to-Equity Historical Data

* Premium members only.

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.

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 Premium Member Only Premium Member Only -0.24 -0.41 -0.95 -0.85 -0.84

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-Equity 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 -2.09 -0.84 -1.17 -1.08 -0.97

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

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 Debt-to-Equity vs 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

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

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.97 mean?
C-Bond Systems (CBNT) has a Debt-to-Equity of -0.97 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on C-Bond Systems and its competitors.
Is C-Bond Systems' Debt-to-Equity too high?
C-Bond Systems' current Debt-to-Equity is -0.97.
How does C-Bond Systems' Debt-to-Equity compare to HGAS and CRKN?
C-Bond Systems' Debt-to-Equity of -0.97 can be compared against companies in the Chemicals industry. The industry median Debt-to-Equity is 0.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.35, based on 1,419 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on C-Bond Systems and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C-Bond Systems's current Debt-to-Equity is -0.97. 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-Equity of -0.97. The current Debt-to-Equity is -0.97. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For C-Bond Systems (CBNT), the current Debt-to-Equity is -0.97 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.