C-Bond Systems (C-Bond Systems) EBIT : $2.36 Mil (TTM As of Dec. 2023)

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What is C-Bond Systems EBIT?

C-Bond Systems's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. C-Bond Systems's annualized ROC % for the quarter that ended in Dec. 2023 was -123.49%. C-Bond Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,107.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. C-Bond Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 42.81%.

C-Bond Systems EBIT Historical Data

The historical data trend for C-Bond Systems's EBIT 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 EBIT Chart

C-Bond Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-6.90

-3.68

-6.85

-3.54

2.36

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
EBIT	Get a 7-Day Free Trial															-0.72	-0.52	3.94	-0.11	-0.95

Competitive Comparison of C-Bond Systems's EBIT

For the Specialty Chemicals subindustry, C-Bond Systems's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Chemicals Industry

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

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

C-Bond Systems EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.36 Mil.

C-Bond Systems (OTCPK:CBNT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

C-Bond Systems's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-3.144 * ( 1 - 0% )	/	( (2.642	+	2.45)	/ 2 )
=	-3.144	/	2.546
=	-123.49 %

where

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2.498	-	1.131	-	( 1.133	-	max(0, 2.824	-	1.549	+	1.133	))
=	2.642

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2.283	-	1.185	-	( 0.736	-	max(0, 2.725	-	1.373	+	0.736	))
=	2.45

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

C-Bond Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.804	/	( ( (0.357 + max(-1.237, 0))	+	(0.33 + max(-1.768, 0)) )	/	2 )
=	-3.804	/	( ( 0.357	+	0.33 )	/	2 )
=	-3.804	/	0.3435
=	-1,107.42 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.271	+	0.11	+	0.035)	-	(1.131	+	0.136	+	0.386)
=	-1.237

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.424	+	0.182	+	0.029)	-	(1.185	+	0.501	+	0.717)
=	-1.768

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

C-Bond Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	2.362	/	5.517
	=	42.81 %

C-Bond Systems EBIT 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 » EBIT

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