Hub Cyber Security Ltd. Ordinary Shares (HUBC) — Tangible Net Worth Ratio
Hub Cyber Security Ltd. Ordinary Shares (HUBC) has a Tangible Net Worth Ratio of -83.9% as of December 2022. This metric is calculated by deducting intangible assets ($16.20 Million) from net assets ($8.81 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See HUBC current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hub Cyber Security Ltd. Ordinary Shares Tangible Net Worth Ratio (2004–2023)
This chart shows how Hub Cyber Security Ltd. Ordinary Shares's Tangible Net Worth Ratio has changed across 20 annual periods from 2004 to 2023. As of December 2022, the ratio stands at -83.9%, reflecting net assets of $8.81 Million with intangible assets of $16.20 Million USD. See HUBC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Hub Cyber Security Ltd. Ordinary Shares (2004–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Hub Cyber Security Ltd. Ordinary Shares from 2004 to 2023, covering 20 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see HUBC stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -83.9% | $8.81 Million | $16.20 Million | $74.79 Million | ▲ +0.0 pp |
| 2022 | -83.9% | $8.81 Million | $16.20 Million | $74.79 Million | ▼ -149.5 pp |
| 2021 | 65.6% | $65.74 Million | $22.61 Million | $120.21 Million | ▼ -29.9 pp |
| 2020 | 95.5% | $8.53 Million | $382.27K | $20.49 Million | ▲ +3.3 pp |
| 2019 | 92.2% | $5.64 Million | $439.96K | $19.19 Million | ▲ +1.5 pp |
| 2018 | 90.7% | $5.71 Million | $532.01K | $14.55 Million | ▼ -4.2 pp |
| 2017 | 94.9% | $5.16 Million | $262.99K | $14.01 Million | ▲ +1.1 pp |
| 2016 | 93.8% | $4.43 Million | $276.72K | $11.42 Million | ▼ -4.2 pp |
| 2015 | 98.0% | $3.58 Million | $72.73K | $7.81 Million | ▼ -0.6 pp |
| 2014 | 98.5% | $4.36 Million | $63.47K | $7.61 Million | ▼ -0.2 pp |
| 2013 | 98.7% | $6.30 Million | $80.67K | $9.66 Million | ▼ -0.5 pp |
| 2012 | 99.2% | $6.48 Million | $51.46K | $10.12 Million | ▼ -0.2 pp |
| 2011 | 99.4% | $7.26 Million | $44.98K | $10.82 Million | ▲ +0.3 pp |
| 2010 | 99.1% | $6.72 Million | $63.53K | $10.32 Million | ▼ -0.6 pp |
| 2009 | 99.6% | $5.32 Million | $20.33K | $7.69 Million | ▲ +0.2 pp |
| 2008 | 99.4% | $4.13 Million | $23.03K | $6.59 Million | ▼ -0.2 pp |
| 2007 | 99.6% | $4.07 Million | $15.07K | $6.80 Million | ▲ +0.5 pp |
| 2006 | 99.1% | $1.85 Million | $16.13K | $5.10 Million | ▼ -0.2 pp |
| 2005 | 99.3% | $2.53 Million | $16.94K | $4.87 Million | ▲ +0.4 pp |
| 2004 | 99.0% | $4.72 Million | $48.38K | $7.06 Million | — |