What is C-BOND SYSTEMS INC's earnings per share (EPS)?

C-BOND SYSTEMS INC (CBNT) reported diluted earnings per share of $0.00 for fiscal year 2023. This represents a 100.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

C-BOND SYSTEMS INC (CBNT) Financials

CBNT

FY2023 annual

Revenue $2.5M +11.5% YoY

Net Income $1.9M +136.6% YoY

EPS (Diluted) $0.00 +100.0% YoY

Free Cash Flow -$1.7M YoY not available

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2024, ended Sep 30, 2024 Reported Nov 14, 2024 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2024, filed Nov 14, 2024. Each column of the statement tables below links to the filing it was taken from.

C-BOND SYSTEMS INC (CBNT) reported $2.5M in revenue for fiscal year 2023, up 11.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CBNT FY2023 2026-08-30

C-Bond’s reported turnaround is driven less by gross-margin improvement than by a sharp profit-to-cash disconnect and external funding movements.

In FY2023, reported earnings did not convert into operating cash: net income was $1.9M while operating cash flow was -$1.6M. The $3.9M investing inflow and -$1.7M financing cash flow therefore mattered more to the year’s cash movement than the profit line itself.

FY2023’s profitability reversal is not explained by stronger gross economics: gross margin was 52.5%, yet operating margin reached 82.6%. Because operating income exceeded gross profit, the result appears to include a material operating gain or classification effect beyond product-level margin.

The balance sheet remains liability-heavy: total liabilities of $6.7M exceeded total assets of $2.3M, leaving equity negative at -$4.5M. A current ratio of 0.5x and a reported liquidity comparison of 5.5 months of annual operating outflow show that the accounting turnaround did not remove financing pressure.

Financial Health Signals

Financial health score not available

C-BOND SYSTEMS INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-33.94

C-BOND SYSTEMS INC scores -33.94, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($239K) relative to total liabilities ($6.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

C-BOND SYSTEMS INC passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

$0.85used

For every $1 of reported earnings, C-BOND SYSTEMS INC used $0.85 of operating cash (-$1.6M OCF vs $1.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Interest Coverage Safe

362.95x

C-BOND SYSTEMS INC earns $362.95 in operating income for every $1 of interest expense ($2.1M vs $6K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$660K

YoY-18.9%

QoQ-23.6%

5Y CAGR+30.9%

C-BOND SYSTEMS INC generated $660K in revenue in Q3 2024. This represents a decrease of 18.9% from the same quarter a year earlier. Against the prior quarter it is down 23.6%.

EBITDA

-$337K

YoY-266.0%

QoQ-100.8%

C-BOND SYSTEMS INC's EBITDA was -$337K in Q3 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 266.0% from the same quarter a year earlier. Against the prior quarter it is down 100.8%.

Net Income

-$673K

YoY-310.0%

QoQ-173.5%

C-BOND SYSTEMS INC reported -$673K in net income in Q3 2024. This represents a decrease of 310.0% from the same quarter a year earlier. Against the prior quarter it is down 173.5%.

EPS (Diluted)

$0.00

C-BOND SYSTEMS INC earned $0.00 per diluted share (EPS) in Q3 2024.

Cash & Balance Sheet

Cash & Debt

$22K

YoY-98.1%

QoQ-89.0%

5Y CAGR-26.6%

10Y CAGR-20.0%

C-BOND SYSTEMS INC held $22K in cash as of Q3 2024; long-term debt is not reported for that period.

Shares Outstanding

596M

YoY+11.9%

QoQ+8.3%

5Y CAGR+39.7%

10Y CAGR+51.9%

C-BOND SYSTEMS INC had 596M shares outstanding in Q3 2024. This represents an increase of 11.9% from the same quarter a year earlier. Against the prior quarter it is up 8.3%.

Free Cash Flow

Not reported for Q3 2024.

Dividends Per Share

Not reported for Q3 2024.

Margins & Returns

Gross Margin

42.1%

YoY-15.3pp

QoQ-8.6pp

5Y change-40.2pp

C-BOND SYSTEMS INC's gross margin was 42.1% in Q3 2024, indicating the percentage of revenue retained after direct costs. This is down 15.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.6 percentage points.

Operating Margin

-55.0%

YoY-40.9pp

QoQ-32.7pp

C-BOND SYSTEMS INC's operating margin was -55.0% in Q3 2024, reflecting core business profitability. This is down 40.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 32.7 percentage points.

Net Margin

Not shown for Q3 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Return on Equity

Not reported for Q3 2024.

Capital Allocation

None of these metrics is reported for Q3 2024.

CBNT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CBNT quarterly income statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Revenue	$3.2M	$2.5M+11.5%	$2.2M+51.2%	$1.5M+165.7%	$556K-7.8%	$603K+57.7%	$382K-5.7%	$405K-44.0%	$724K	N/A	N/A	$78K-8.7%	$85K-18.9%	$105K-15.8%	$125K
Cost of Revenue	$1.6M	$1.2M+23.7%	$954K+45.2%	$657K+171.0%	$243K+98.8%	$122K+46.3%	$83K+19.0%	$70K-71.6%	$246K	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$1.6M	$1.3M+2.3%	$1.3M+56.0%	$820K+161.5%	$313K-34.8%	$481K+60.8%	$299K-10.9%	$335K-29.7%	$477K	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	$0	$0	N/A	$275-99.1%	$31K-88.0%	$258K+20.6%	$214K-2.9%	$221K	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$699K	$666K-17.8%	$810K+27.4%	$636K+31.0%	$486K+5.1%	$462K-3.4%	$478K+737.1%	$57K+7.8%	$53K-16.5%	$63K+21.0%	$52K-27.1%	$72K+22.6%	$59K+2.1%	$57K-2.2%	$59K
Operating Income	-$2.0M	$2.1M+164.4%	-$3.2M+54.5%	-$7.0M	N/A	N/A	N/A	N/A	N/A	-$63K-21.0%	-$52K-1016.6%	$6K-78.3%	$26K-44.4%	$48K-28.0%	$66K
EBITDA	N/A	$2.1M+169.1%	-$3.1M+55.4%	-$7.0M	N/A	N/A	N/A	N/A	N/A	-$59K-23.0%	-$48K-690.6%	$8K-69.4%	$26K-48.3%	$51K-26.2%	$69K
Interest Expense	$97K	$6K-43.5%	$10K-96.5%	$283K-62.3%	$751K+119.0%	$343K+545.6%	$53K+563.5%	$8K	$0	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	$396K+136.6%	-$1.1M+27.8%	-$1.5M-60.8%	-$931K	N/A	N/A	N/A	N/A	N/A	$457+400.7%	-$152-103.0%	$5K-44.5%	$9K+336.8%	$2K
Net Income	-$2.3M	$1.9M+136.6%	-$5.2M+27.7%	-$7.1M	N/A	N/A	N/A	N/A	N/A	-$63K-20.0%	-$53K-972.8%	$6K-72.0%	$22K-44.4%	$39K-40.0%	$65K
EPS (Basic)	N/A	$0.00+100.0%	-$0.02+60.0%	-$0.05-66.7%	-$0.03	N/A	N/A	-$0.59-37.2%	-$0.43	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	$0.00	$0.00+100.0%	-$0.02	-$0.05	N/A	N/A	N/A	-$0.59-37.2%	-$0.43	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	2.52B+719.4%	308M	254M	N/A	N/A	N/A	14M+1.4%	14M	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Revenue	$660K-18.9%	$864K+108.6%	$937K+81.8%	$745K+22.6%	$814K+41.9%	$414K-23.4%	$515K+0.9%	$608K+18.5%
Cost of Revenue	$382K+10.1%	$425K+103.3%	$462K+88.3%	$380K+52.8%	$347K+40.7%	$209K-0.3%	$245K-1.7%	$249K-29.6%
Gross Profit	$278K-40.5%	$439K+114.0%	$475K+76.0%	$365K+1.7%	$467K+42.8%	$205K-38.0%	$270K+3.4%	$359K+124.7%
R&D Expenses	N/A	N/A	$0	N/A	N/A	N/A	$0	N/A
SG&A Expenses	$151K-6.9%	$169K+18.9%	$196K+9.4%	$183K-17.7%	$162K-18.3%	$142K-23.2%	$179K-12.6%	$222K+1.5%
Operating Income	-$363K-216.7%	-$192K-105.5%	-$642K-22.5%	-$786K-29.6%	-$115K+77.1%	$3.5M+945.7%	-$524K+68.7%	-$606K
EBITDA	-$337K-266.0%	-$168K-104.8%	-$617K-22.7%	-$761K-30.0%	-$92K+80.7%	$3.5M+1000.4%	-$503K+69.5%	-$585K
Interest Expense	$88K+50.7%	$54K+2629.5%	$14K+281.7%	-$59K+94.4%	$59K-86.8%	$2K-99.5%	$4K-98.5%	-$1.0M-599.5%
Net Income	-$673K-310.0%	-$246K-106.5%	-$317K+55.1%	-$1.0M+20.6%	-$164K+82.7%	$3.8M+473.9%	-$706K+63.2%	-$1.3M
EPS (Basic)	$0.00	$0.00-100.0%	$0.00	-$0.010.0%	$0.00	$0.01	$0.00+100.0%	-$0.010.0%
EPS (Diluted)	$0.00	$0.00	$0.00	$0.00+100.0%	$0.00	$0.00	$0.00+100.0%	-$0.010.0%
Diluted Shares (Avg)	545M+3.9%	543M-76.9%	536M+26.0%	N/A	525M+64.1%	2.35B+697.0%	425M+49.7%	N/A

Not reported in any period shown, so not listed: Income Tax.

CBNT Balance Sheet

CBNT quarterly balance sheet

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Total Assets	$2.3M+40.6%	$1.6M-22.2%	$2.1M+257.4%	$584K+56.9%	$372K+14.1%	$326K+69.1%	$193K-74.5%	$757K+114.0%	$354K-14.6%	$415K-11.9%	$470K+2.2%	$460K+5.5%	$436K+9.1%	$400K
Current Assets	$1.4M+166.4%	$515K-49.2%	$1.0M+89.1%	$537K+104.3%	$263K+1.0%	$260K+179.8%	$93K-85.1%	$622K	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$736K+658.5%	$97K-81.3%	$520K+60.8%	$323K+318.9%	$77K-39.9%	$129K+176.8%	$46K-92.2%	$597K+220.1%	$186K+0.5%	$185K-17.6%	$225K+8.5%	$207K+2.8%	$202K+28.3%	$157K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$182K+134.6%	$77K-6.6%	$83K+7.4%	$77K+420.9%	$15K+65.1%	$9K-14.4%	$10K-4.2%	$11K	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$424K+57.4%	$269K+55.5%	$173K+117.4%	$80K-47.6%	$152K+66.4%	$91K+159.2%	$35K+145.3%	$14K	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$350K0.0%	$350K0.0%	$350K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.7M-23.5%	$8.8M+41.1%	$6.3M+66.8%	$3.8M+25.5%	$3.0M+161.9%	$1.1M+30.6%	$874K+143.6%	$359K-20.1%	$449K+2689.6%	$16K-16.1%	$19K+28.0%	$15K+17.1%	$13K-16.7%	$15K
Current Liabilities	$2.7M-44.0%	$4.9M+81.8%	$2.7M+37.2%	$2.0M-27.7%	$2.7M+136.5%	$1.1M+46.1%	$781K+117.7%	$359K	N/A	N/A	N/A	N/A	N/A	N/A
Non-Current Liabilities	$1.1M+9.1%	$969K+29.9%	$746K+2027.0%	$35K-80.7%	$182K	$0-100.0%	$93K	$0	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	$251K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$4.5M+38.0%	-$7.2M-72.8%	-$4.2M-31.6%	-$3.2M-21.0%	-$2.6M-221.0%	-$815K-19.7%	-$681K-270.9%	$398K+518.0%	-$95K-123.9%	$398K-11.7%	$451K+1.4%	$445K+5.1%	$424K0.0%	$424K
Retained Earnings	-$60.9M+2.9%	-$62.7M-9.0%	-$57.5M-25.1%	-$46.0M-14.9%	-$40.0M-22.1%	-$32.8M-43.3%	-$22.9M-57.0%	-$14.6M-35632.4%	-$41K-279.9%	$23K-70.0%	$75K+8.7%	$69K+45.2%	$48K+436.7%	$9K

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Total Assets	$1.4M-43.2%	$1.7M-38.1%	$2.0M+31.3%	$2.3M+40.6%	$2.5M+43.4%	$2.7M+44.1%	$1.5M-9.8%	$1.6M-22.2%
Current Assets	$587K-62.1%	$841K-54.0%	$1.1M+152.5%	$1.4M+166.4%	$1.5M+164.8%	$1.8M+174.8%	$430K-26.8%	$515K-49.2%
Cash & Equivalents	$22K-98.1%	$196K-87.0%	$198K+138.4%	$736K+658.5%	$1.1M+642.7%	$1.5M+518.1%	$83K-51.2%	$97K-81.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$146K+32.7%	$162K+36.0%	$102K+71.5%	$182K+134.6%	$110K+31.0%	$119K+90.2%	$59K-5.9%	$77K-6.6%
Accounts Receivable	$227K-16.3%	$243K+202.3%	$507K+155.4%	$424K+57.4%	$271K+5.8%	$81K-67.8%	$199K-35.5%	$269K+55.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$350K0.0%	$350K0.0%	$350K0.0%	$350K0.0%	$350K0.0%	$350K0.0%	$350K0.0%	$350K0.0%
Total Liabilities	$6.4M+7.6%	$6.0M+2.5%	$6.3M-28.6%	$6.7M-23.5%	$6.0M-24.0%	$5.9M-16.8%	$8.8M+30.9%	$8.8M+41.1%
Current Liabilities	$2.4M-16.0%	$2.1M-27.5%	$2.1M-58.8%	$2.7M-44.0%	$2.8M-33.8%	$2.9M-16.0%	$5.0M+75.9%	$4.9M+81.8%
Non-Current Liabilities	$1.9M+987.5%	$930K+592.3%	$1.0M+18.1%	$1.1M+9.1%	$173K-68.7%	$134K-77.3%	$853K+15.2%	$969K+29.9%
Long-Term Debt	N/A	N/A	N/A	N/A	$8K	N/A	$169K	$251K
Total Equity	-$5.0M-44.4%	-$4.3M-37.0%	-$4.3M+40.9%	-$4.5M+38.0%	-$3.5M+43.3%	-$3.2M+38.9%	-$7.3M-44.3%	-$7.2M-72.8%
Retained Earnings	-$62.1M-3.8%	-$61.4M-3.0%	-$61.2M+3.5%	-$60.9M+2.9%	-$59.8M+2.5%	-$59.6M+1.4%	-$63.4M-6.7%	-$62.7M-9.0%

CBNT Cash Flow Statement

CBNT quarterly cash flow statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Operating Cash Flow	-$1.5M	-$1.6M-1.1%	-$1.6M+12.3%	-$1.8M-1.3%	-$1.8M-35.7%	-$1.3M	N/A	-$1.1M+33.6%	-$1.6M-3242.1%	-$49K-23.9%	-$39K-224.1%	$32K+443.2%	$6K-87.0%	$45K-35.2%	$69K
Depreciation & Amortization	N/A	$89K-0.4%	$89K+94.1%	$46K+226.2%	$14K-42.8%	$25K-27.0%	$34K-12.0%	$38K+10.9%	$35K+642.3%	$5K0.0%	$5K+96.1%	$2K	$0-100.0%	$4K+9.5%	$3K
Stock-Based Compensation	N/A	$42K-95.9%	$1.0M-74.5%	$4.1M+93.8%	$2.1M-45.4%	$3.9M-42.7%	$6.7M-0.6%	$6.8M+55.1%	$4.4M	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	$115K	N/A	N/A	N/A	N/A	N/A	$3K-89.0%	$31K	N/A	N/A	N/A	N/A	$0-100.0%	$933
Free Cash Flow	N/A	-$1.7M	N/A	N/A	N/A	N/A	N/A	-$1.1M+34.7%	-$1.7M	N/A	N/A	N/A	N/A	$45K-34.3%	$68K
Investing Cash Flow	N/A	$3.9M+71479.3%	$6K-98.2%	$302K	N/A	N/A	$187K+5525.6%	-$3K+89.0%	-$31K-162.8%	$50K+39685.7%	-$126+99.1%	-$14K-6534.3%	-$213+50.1%	-$427+77.0%	-$2K
Financing Cash Flow	$432K	-$1.7M-246.6%	$1.2M-32.0%	$1.7M-16.1%	$2.0M+60.7%	$1.3M-32.2%	$1.9M+246.5%	$538K-73.1%	$2.0M	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	$20K+40.7%	$14K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Operating Cash Flow	-$324K-2.9%	-$161K+74.1%	-$651K-123.8%	-$374K+6.9%	-$315K+17.8%	-$622K-110.4%	-$291K+42.2%	-$402K+22.5%
Depreciation & Amortization	$26K+15.7%	$25K+19.3%	$25K+17.5%	$25K+18.7%	$23K0.0%	$21K-9.7%	$21K-9.0%	$21K+73.6%
Stock-Based Compensation	N/A	$0-100.0%	$377K+3005.9%	N/A	$0-100.0%	$30K	$12K-98.8%	N/A
Capital Expenditures	N/A	N/A	N/A	$0	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	-$374K	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	$9K	-$115K	N/A	N/A	N/A
Financing Cash Flow	$192K+271.7%	$159K+108.0%	$113K-59.3%	-$32K-109.3%	$52K-82.3%	-$2.0M-638.3%	$277K+79.8%	$341K-48.1%
Dividends Paid	N/A	-$3K	$59K	N/A	N/A	N/A	N/A	N/A

Not reported in any period shown, so not listed: Share Buybacks.

CBNT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CBNT quarterly financial ratios

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Gross Margin	52.5%-4.7pp	57.3%+1.8pp	55.5%-0.9pp	56.4%-23.4pp	79.8%+1.6pp	78.2%-4.5pp	82.7%+16.8pp	66.0%	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	82.6%	-143.0%	-474.7%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	7.4%-23.7pp	31.1%-14.2pp	45.3%-7.6pp	52.9%
Net Margin	75.8%	-231.0%	-482.7%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	7.8%-17.6pp	25.4%-11.6pp	37.0%-14.9pp	52.0%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-13.3%-14.6pp	1.3%-3.5pp	4.9%-4.3pp	9.2%-6.1pp	15.3%
Return on Assets	82.6%+400.1pp	-317.5%+23.9pp	-341.4%	N/A	N/A	N/A	N/A	N/A	-17.9%-5.2pp	-12.7%-14.0pp	1.3%-3.4pp	4.7%-4.2pp	8.9%-7.3pp	16.2%
Current Ratio	0.50+0.4x	0.11-0.3x	0.38+0.1x	0.28+0.2x	0.10-0.1x	0.23+0.1x	0.12-1.6x	1.73	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.90	N/A	0.040.0x	0.040.0x	0.030.0x	0.030.0x	0.04
Asset Turnover	1.09-0.3x	1.37+0.7x	0.71-0.2x	0.95-0.7x	1.62+0.4x	1.17-0.9x	2.10+1.1x	0.96	N/A	N/A	0.170.0x	0.18-0.1x	0.24-0.1x	0.31
FCF Margin	-69.0%	N/A	N/A	N/A	N/A	N/A	-268.4%	-230.1%	N/A	N/A	N/A	N/A	42.8%-12.0pp	54.8%

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Gross Margin	42.1%-15.3pp	50.8%+1.3pp	50.7%-1.7pp	49.0%-10.1pp	57.4%+0.4pp	49.5%-11.7pp	52.4%+1.3pp	59.1%+27.9pp
Operating Margin	-55.0%-40.9pp	-22.3%	-68.5%	-105.5%	-14.1%+73.2pp	840.4%	-101.6%	-99.8%
Net Margin	-102.0%	-28.5%	-33.9%	-136.5%	-20.2%	911.5%	-137.1%	-210.8%
Return on Assets	-47.4%-40.9pp	-14.7%-154.4pp	-16.2%+31.2pp	-44.5%+34.4pp	-6.6%+47.7pp	139.7%+193.6pp	-47.4%+68.8pp	-78.9%
Current Ratio	0.25-0.3x	0.40-0.2x	0.53+0.4x	0.50+0.4x	0.55+0.4x	0.63+0.4x	0.09-0.1x	0.11-0.3x
Asset Turnover	0.47+0.1x	0.52+0.4x	0.48+0.1x	0.330.0x	0.330.0x	0.15-0.1x	0.350.0x	0.37+0.1x
FCF Margin	N/A	N/A	N/A	-50.2%	N/A	N/A	N/A	N/A

Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Note: Shareholder equity is negative (-$4.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.50), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
C-BOND SYSTEMS INC CBNT	FY2023	$2.5M	$1.9M	75.8%	$239K	—
SINCERITY APPLIED MAT SINC	FY2021	$63K	-$61K	-97.4%	$198K	—
CROWN ELECTROKINETICS CRP CRKN	FY2024	$19.7M	-$25.9M	N/A	$9.4M	—

Where C-BOND SYSTEMS INC Ranks

Frequently Asked Questions

What is C-BOND SYSTEMS INC's annual revenue?

C-BOND SYSTEMS INC (CBNT) reported $2.5M in total revenue for fiscal year 2023. This represents a 11.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is C-BOND SYSTEMS INC's revenue growing?

C-BOND SYSTEMS INC (CBNT) revenue grew by 11.5% year-over-year, from $2.2M to $2.5M in fiscal year 2023.

Is C-BOND SYSTEMS INC profitable?

Yes, C-BOND SYSTEMS INC (CBNT) reported a net income of $1.9M in fiscal year 2023, with a net profit margin of 75.8%.

What is C-BOND SYSTEMS INC's EBITDA?

C-BOND SYSTEMS INC (CBNT) had EBITDA of $2.1M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

What is C-BOND SYSTEMS INC's gross margin?

C-BOND SYSTEMS INC (CBNT) had a gross margin of 52.5% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

What is C-BOND SYSTEMS INC's operating margin?

C-BOND SYSTEMS INC (CBNT) had an operating margin of 82.6% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

What is C-BOND SYSTEMS INC's net profit margin?

C-BOND SYSTEMS INC (CBNT) had a net profit margin of 75.8% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

What is C-BOND SYSTEMS INC's free cash flow?

C-BOND SYSTEMS INC (CBNT) recorded an outflow of $1.7M in free cash flow during fiscal year 2023. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is C-BOND SYSTEMS INC's operating cash flow?

C-BOND SYSTEMS INC (CBNT) recorded an outflow of $1.6M in operating cash flow during fiscal year 2023, representing cash used by core business activities.

What are C-BOND SYSTEMS INC's total assets?

C-BOND SYSTEMS INC (CBNT) had $2.3M in total assets as of fiscal year 2023, including both current and long-term assets.

What are C-BOND SYSTEMS INC's capital expenditures?

C-BOND SYSTEMS INC (CBNT) invested $115K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

How many shares does C-BOND SYSTEMS INC have outstanding?

C-BOND SYSTEMS INC (CBNT) had 539M shares outstanding as of fiscal year 2023.

What is C-BOND SYSTEMS INC's current ratio?

C-BOND SYSTEMS INC (CBNT) had a current ratio of 0.50 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is C-BOND SYSTEMS INC's return on assets (ROA)?

C-BOND SYSTEMS INC (CBNT) had a return on assets of 82.6% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

How does C-BOND SYSTEMS INC's liquidity compare with its operating cash outflow?

At the end of fiscal year 2023, C-BOND SYSTEMS INC (CBNT) held $736K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.6M over that year. Dividing the one by the other, the reported balance equals about 6 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Why is C-BOND SYSTEMS INC's debt-to-equity ratio negative or not reported?

C-BOND SYSTEMS INC (CBNT) has negative shareholder equity of -$4.5M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is C-BOND SYSTEMS INC's Altman Z-Score?

C-BOND SYSTEMS INC (CBNT) has an Altman Z-Score of -33.94, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is C-BOND SYSTEMS INC's Piotroski F-Score?

C-BOND SYSTEMS INC (CBNT) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are C-BOND SYSTEMS INC's earnings high quality?

For every $1 of reported earnings, C-BOND SYSTEMS INC (CBNT) used $0.85 of operating cash (-$1.6M OCF vs $1.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can C-BOND SYSTEMS INC cover its interest payments?

C-BOND SYSTEMS INC (CBNT) has an interest coverage ratio of 362.95x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.