HUB Cyber Security (HUBC)

Net assets on the balance sheet as of June 2023 : -NZ$62.38 M

According to HUB Cyber Security's latest financial reports the company has -NZ$62.38 M 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	$NZ$13.87 M	-55.15%
2021-12-31	$NZ$30.94 M	10427.75%
2020-12-31	$NZ$0.29 M	-88.46%
2019-12-31	$NZ$2.54 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