The nature of the C–As bonds present in a series of six neutral and anionic arsaalkynes was investigated. The optimized geometries, vibrational frequencies, and wavefunctions of all the studied species were computed using density functional theory (B3LYP/6-311++G(2d,2p)). To understand the bonding characteristics, Atoms in Molecules theory and topological analysis of the electron localization function were used. For comparison, natural bond orbital analysis was also performed. The results suggest that in five of the six studied compounds, the C–As bonds are essentially triple bonds, with similar characteristics to the C–P analogues in phosphaalkynes.