HUB Cyber Security (HUBC)

Net assets on the balance sheet as of December 2023 : -C$71.48 Million

According to HUB Cyber Security's latest financial reports the company has -C$71.48 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	$C$11.95 M	-55.73%
2021-12-31	$C$27 M	9919.87%
2020-12-31	$C$0.26 M	-87.99%
2019-12-31	$C$2.24 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