C-Bond Systems Balance Sheet Health
Financial Health criteria checks 0/6
C-Bond Systems has a total shareholder equity of $-1.5M and total debt of $1.2M, which brings its debt-to-equity ratio to -81.5%. Its total assets and total liabilities are $2.3M and $3.8M respectively.
Key information
-81.5%
Debt to equity ratio
US$1.22m
Debt
Interest coverage ratio | n/a |
Cash | US$736.46k |
Equity | -US$1.50m |
Total liabilities | US$3.78m |
Total assets | US$2.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBNT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CBNT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CBNT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CBNT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CBNT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CBNT's interest payments on its debt are well covered by EBIT.