HUB Cyber Security (HUBC)

Net assets on the balance sheet as of December 2023 : -A$78.5 Million

According to HUB Cyber Security's latest financial reports the company has -A$78.5 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	$A$12.94 M	-55.71%
2021-12-31	$A$29.22 M	10532.54%
2020-12-31	$A$0.27 M	-88.8%
2019-12-31	$A$2.45 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