C-Bond Systems Inc
C-Bond Systems, Inc., a materials development company, together with its subsidiaries, owns, develops, manufactures, and sells patented C-Bond technology in the United States. It offers multi-purpose glass strengthening primer and window film mounting solutions, including C-Bond BRS, a ballistic-resistant film system, as well as C-Bond Secure, a forced entry-resistant system. The company was foun… Read more
C-Bond Systems Inc (CBNT) - Net Assets
Latest net assets as of September 2024: $-2.84 Million USD
Based on the latest financial reports, C-Bond Systems Inc (CBNT) has net assets worth $-2.84 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.42 Million) and total liabilities ($4.26 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-2.84 Million |
| % of Total Assets | -200.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -476.35% |
| Growth Volatility | 138.44 |
C-Bond Systems Inc - Net Assets Trend (2008–2023)
This chart illustrates how C-Bond Systems Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for C-Bond Systems Inc (2008–2023)
The table below shows the annual net assets of C-Bond Systems Inc from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.50 Million | +64.38% |
| 2022-12-31 | $-4.21 Million | -215.71% |
| 2021-12-31 | $-1.33 Million | +4.87% |
| 2020-12-31 | $-1.40 Million | +44.13% |
| 2019-12-31 | $-2.51 Million | -207.80% |
| 2018-12-31 | $-815.12K | -462.03% |
| 2017-12-31 | $225.16K | -20.21% |
| 2016-12-31 | $282.17K | -15.78% |
| 2015-12-31 | $335.03K | -15.91% |
| 2014-12-31 | $398.41K | -11.71% |
| 2013-12-31 | $451.23K | +1.36% |
| 2012-12-31 | $445.18K | +5.10% |
| 2011-12-31 | $423.56K | +10.11% |
| 2010-12-31 | $384.67K | +20.28% |
| 2009-12-31 | $319.81K | +4.77% |
| 2008-12-31 | $305.26K | -- |
Equity Component Analysis
This analysis shows how different components contribute to C-Bond Systems Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6078120600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $532.82K | % |
| Other Comprehensive Income | $-1.20 Million | % |
| Other Components | $59.88 Million | % |
| Total Equity | $-1.64 Million | 100.00% |
C-Bond Systems Inc Competitors by Market Cap
The table below lists competitors of C-Bond Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lang & Schwarz AG
LSE:0RS1
|
$238.59K |
|
BCP
BC:BCP
|
$238.67K |
|
Small Cap Premium & Dividend Income Fund Inc
NYSE:RCC
|
$238.68K |
|
Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock
NASDAQ:OXLCN
|
$238.68K |
|
ROY.PHILIPS
MU:PHI1
|
$238.40K |
|
MANPOWER
MU:MPW
|
$238.38K |
|
CREDIT SAISON
MU:QC9
|
$238.37K |
|
B. Riley Financial Inc. 5.50% Senior Notes Due 2026
NASDAQ:RILYK
|
$238.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in C-Bond Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -4,360,479 to -1,641,292, a change of 2,719,187.
- Net income of 1,895,665 contributed positively to equity growth.
- Dividend payments of 54,195 reduced retained earnings.
- New share issuances of 275,000 increased equity.
- Other comprehensive income decreased equity by 1,203,967.
- Other factors increased equity by 1,806,684.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.90 Million | +115.5% |
| Dividends Paid | $54.20K | -3.3% |
| Share Issuances | $275.00K | +16.76% |
| Other Comprehensive Income | $-1.20 Million | -73.35% |
| Other Changes | $1.81 Million | +110.08% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares C-Bond Systems Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.03 | $0.00 | x |
| 2009-12-31 | $0.04 | $0.00 | x |
| 2010-12-31 | $0.04 | $0.00 | x |
| 2011-12-31 | $0.05 | $0.00 | x |
| 2012-12-31 | $0.05 | $0.00 | x |
| 2013-12-31 | $0.05 | $0.00 | x |
| 2014-12-31 | $0.04 | $0.00 | x |
| 2015-12-31 | $0.04 | $0.00 | x |
| 2016-12-31 | $0.03 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
| 2019-12-31 | $-0.03 | $0.00 | x |
| 2020-12-31 | $-0.01 | $0.00 | x |
| 2021-12-31 | $-0.01 | $0.00 | x |
| 2022-12-31 | $-0.01 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently C-Bond Systems Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 76.18%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -13.47% | -52.84% | 0.24x | 1.06x | $-71.66K |
| 2009 | 4.55% | 11.68% | 0.38x | 1.03x | $-17.43K |
| 2010 | 16.86% | 51.98% | 0.31x | 1.04x | $26.39K |
| 2011 | 9.18% | 37.04% | 0.24x | 1.03x | $-3.46K |
| 2012 | 4.85% | 25.39% | 0.18x | 1.03x | $-22.90K |
| 2013 | 1.34% | 7.79% | 0.17x | 1.04x | $-39.07K |
| 2014 | -13.26% | -8.75% | 1.46x | 1.04x | $-92.66K |
| 2015 | -18.92% | 0.00% | 0.00x | 1.06x | $-96.88K |
| 2016 | -18.73% | -7.30% | 2.42x | 1.06x | $-81.08K |
| 2017 | -25.32% | -14.06% | 1.66x | 1.09x | $-79.53K |
| 2018 | 0.00% | -2591.20% | 1.17x | 0.00x | $-9.82 Million |
| 2019 | 0.00% | -1201.51% | 1.62x | 0.00x | $-6.99 Million |
| 2020 | 0.00% | -673.49% | 1.13x | 0.00x | $-4.29 Million |
| 2021 | 0.00% | -483.77% | 0.71x | 0.00x | $-6.99 Million |
| 2022 | 0.00% | -229.23% | 1.37x | 0.00x | $-4.68 Million |
| 2023 | 0.00% | 76.18% | 1.09x | 0.00x | $2.06 Million |
Industry Comparison
This section compares C-Bond Systems Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| C-Bond Systems Inc (CBNT) | $-2.84 Million | -13.47% | N/A | $238.52K |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |