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) - Total Assets
Latest total assets as of September 2024: $1.42 Million USD
Based on the latest financial reports, C-Bond Systems Inc (CBNT) holds total assets worth $1.42 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
C-Bond Systems Inc - Total Assets Trend (2008–2023)
This chart illustrates how C-Bond Systems Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
C-Bond Systems Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
C-Bond Systems Inc's total assets of $1.42 Million consist of 60.1% current assets and 39.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 32.3% |
| Accounts Receivable | $426.49K | 18.7% |
| Inventory | $181.66K | 8.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $229.41K | 10.1% |
| Goodwill | $350.49K | 15.4% |
Asset Composition Trend (2008–2023)
This chart illustrates how C-Bond Systems Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: C-Bond Systems Inc's current assets represent 60.1% of total assets in 2023, a decrease from 67.4% in 2008.
- Cash Position: Cash and equivalents constituted 32.3% of total assets in 2023, down from 56.9% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 25.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 18.7% of total assets.
C-Bond Systems Inc Competitors by Total Assets
Key competitors of C-Bond Systems Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
C-Bond Systems Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - C-Bond Systems Inc generates 1.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, C-Bond Systems Inc generates $ 83.03 in net profit.
C-Bond Systems Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.25 | 0.55 | 0.10 |
| Quick Ratio | 0.19 | 0.51 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.79 Million | $ -1.28 Million | $ -2.44 Million |
C-Bond Systems Inc - Advanced Valuation Insights
This section examines the relationship between C-Bond Systems Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 40.6% |
| Total Assets | $2.28 Million |
| Market Capitalization | $238.52K USD |
Valuation Analysis
Below Book Valuation: The market values C-Bond Systems Inc's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: C-Bond Systems Inc's assets grew by 40.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for C-Bond Systems Inc (2008–2023)
The table below shows the annual total assets of C-Bond Systems Inc from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.28 Million | +40.58% |
| 2022-12-31 | $1.62 Million | -22.22% |
| 2021-12-31 | $2.09 Million | +257.44% |
| 2020-12-31 | $584.14K | +56.89% |
| 2019-12-31 | $372.31K | +14.05% |
| 2018-12-31 | $326.44K | +33.54% |
| 2017-12-31 | $244.46K | -18.37% |
| 2016-12-31 | $299.47K | -15.36% |
| 2015-12-31 | $353.83K | -14.64% |
| 2014-12-31 | $414.51K | -11.89% |
| 2013-12-31 | $470.43K | +2.23% |
| 2012-12-31 | $460.18K | +5.46% |
| 2011-12-31 | $436.37K | +9.08% |
| 2010-12-31 | $400.04K | +20.94% |
| 2009-12-31 | $330.76K | +1.90% |
| 2008-12-31 | $324.61K | -- |