HUB Cyber Security (HUBC)

Net assets on the balance sheet as of December 2023 : -€48.45 Million

According to HUB Cyber Security's latest financial reports the company has -€48.45 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

HUB Cyber Security - Net assets on balance sheet (from 2022 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$€8.21 M	-56.1%
2021-12-31	$€18.71 M	10787.77%
2020-12-31	$€0.17 M	-88.8%
2019-12-31	$€1.53 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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HUB Cyber Security (HUBC) - Net assets