HUB Cyber Security (Israel) Ltd. (HUBC) Balance Sheet
HUBC balance sheet, 2025
December 31, 2025 · U.S. dollars$21.5M assets = $137.2M liabilities + −$115.7M equity
Liabilities exceed assets: shareholders’ equity is negative (−$115.7M).
Both columns are drawn to the same scale: what HUBC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HUBC financial health
Descriptive bands, not a rating. Fiscal 2025.
HUBC balance sheet trends, 2015–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $7.8M2015 | $21.5M2025 | +18.4%/yr | |
| Total liabilities | $4.2M2015 | $137.2M2025 | +78.6%/yr | |
| Shareholders’ equity | $2.3M2015 | −$115.6M2025 | — | |
| Cash & short-term investments | $1.9M2015 | $1.8M2025 | −0.9%/yr | |
| Total debt | $177,8442015 | $40.5M2024 | +196.1%/yr | |
| Net cash (debt) | $1.7M2015 | −$37.4M2024 | −$39.1M | |
| Working capital | $3.6M2015 | −$119.5M2025 | −$123.1M | |
| Current ratio | 2.002015 | 0.122025 | −1.89 | |
| Debt / equity | 0.082015 | 3.102023 | +3.02 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HUBC assets
HUBC liabilities and equity
HUBC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HUBC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $1.8M | $3.1M | $4.0M | $4.0M | $2.6M | $3.2M | $1.9M |
| Cash & equivalents | $1.8M | $3.1M | $4.0M | $4.0M | $2.6M | $3.2M | $1.8M |
| Short-term investments | — | — | — | — | — | — | $72,217 |
| Receivables | $10.3M | $7.9M | $24.1M | $23.7M | $8.9M | $6.9M | $5.3M |
| Inventory | $0 | $0 | $1.9M | $1.9M | $1 | $0 | $0 |
| Other current assets | $4.1M | $7.4M | $3.2M | $3.6M | $1.2M | $47,289 | $49,345 |
| Total current assets | $16.1M | $18.4M | $33.2M | $33.2M | $12.7M | $10.2M | $7.2M |
| Property, plant & equipment (net) | $2.1M | $2.6M | $7.8M | $7.8M | $339,896 | $337,261 | $332,044 |
| Goodwill & intangible assets | $3.0M | $6.2M | $29.9M | $29.9M | $494,577 | $485,624 | $197,633 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $367,000 | $164,000 | $3.9M | $3.9M | $436,104 | $373,379 | $72,731 |
| Total assets | $21.5M | $27.4M | $74.8M | $74.8M | $14.0M | $11.4M | $7.8M |
| Liabilities | |||||||
| Accounts payable | $9.8M | $8.2M | $13.8M | $13.8M | $1.3M | $738,700 | $577,222 |
| Short-term debt | — | $39.3M | $14.9M | — | $2.1M | $527,717 | $144,948 |
| Deferred revenue | — | $950,000 | $1.0M | — | — | — | — |
| Total current liabilities | $135.6M | $106.1M | $57.8M | $57.8M | $7.6M | $5.7M | $3.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $1.9M | $2.2M | $2.4M | $6.5M | — | — | — |
| Other long-term liabilities | $1.5M | $2.2M | $8.1M | $8.1M | $1.3M | $1.3M | $626,309 |
| Total liabilities | $137.2M | $108.2M | $66.0M | $66.0M | $8.9M | $7.0M | $4.2M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | — | $117.2M | $81.6M | $81.6M | $183,774 | $165,512 | $121,561 |
| Retained earnings (deficit) | −$346.0M | −$226.2M | −$99.0M | −$99.0M | −$6.9M | −$6.5M | −$6.8M |
| Accumulated other comprehensive income | — | $18.5M | $14.7M | — | −$50,696 | −$20,526 | −$88,151 |
| Minority interest | −$34,000 | −$30,000 | $2.8M | $2.4M | — | — | — |
| Total shareholders' equity | −$115.6M | −$80.8M | $6.4M | $8.8M | $3.6M | $3.0M | $2.3M |
| Key figures | |||||||
| Total debt | — | $40.5M | $19.9M | — | $2.3M | $753,510 | $177,844 |
| Net cash (debt) | — | −$37.4M | −$15.9M | — | $305,619 | $2.5M | $1.7M |
| Working capital | −$119.5M | −$87.7M | −$24.6M | −$24.6M | $5.2M | $4.5M | $3.6M |
| Tangible book value | −$118.6M | −$87.0M | −$23.5M | −$21.1M | $3.1M | $2.5M | $2.1M |
| Current ratio | 0.12 | 0.17 | 0.57 | 0.57 | 1.68 | 1.79 | 2.00 |
| Quick ratio | 0.09 | 0.10 | 0.49 | 0.48 | 1.52 | 1.78 | 1.99 |
| Debt / equity | — | — | 3.10 | — | 0.65 | 0.25 | 0.08 |
| Equity / assets | −537.9% | −294.7% | 8.6% | 11.8% | 25.6% | 26.1% | 28.8% |
| Jun '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.4M | $1.8M | $1.6M | $1.6M | $3.1M | $3.1M | $3.1M | $1.2M | $1.2M | $3.5M | $3.5M | $2.7M |
| Cash & equivalents | $2.4M | $1.8M | $1.6M | $1.6M | $3.1M | $3.1M | $3.1M | $1.2M | $1.2M | $3.5M | $3.5M | $2.7M |
| Receivables | $11.6M | $10.3M | $9.3M | $9.3M | $7.9M | $7.9M | $7.9M | $9.1M | $9.1M | $9.9M | $9.9M | $17.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$1.2M | $0 | $0 | $1.5M | $904,000 |
| Other current assets | $2.1M | $4.1M | $9.3M | $9.3M | $7.4M | $7.4M | $7.4M | $9.2M | $8.1M | $6.7M | $5.2M | $1.5M |
| Total current assets | $16.1M | $16.1M | $20.2M | $20.2M | $18.4M | $18.4M | $18.4M | $18.3M | $18.3M | $20.1M | $20.1M | $23.1M |
| Property, plant & equipment (net) | $2.1M | $2.1M | $2.6M | $2.6M | $2.6M | $2.6M | $2.6M | $2.9M | $2.9M | $3.5M | $3.5M | $7.0M |
| Goodwill & intangible assets | $3.0M | $3.0M | $50.3M | $50.3M | $6.2M | $6.2M | $6.2M | $7.1M | $7.1M | $7.9M | $7.9M | $19.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $367,000 | $367,000 | $192,000 | $192,000 | $164,000 | $165,000 | $165,000 | $303,000 | $303,000 | $1.1M | $1.1M | $2.8M |
| Total assets | $21.5M | $21.5M | $73.3M | $73.3M | $27.4M | $27.4M | $27.4M | $28.6M | $28.6M | $32.6M | $32.6M | $52.8M |
| Liabilities | ||||||||||||
| Accounts payable | $9.8M | $9.8M | $10.4M | $10.4M | $8.2M | $8.2M | $8.2M | $7.8M | $7.8M | $9.9M | $9.9M | $11.3M |
| Short-term debt | $80.0M | — | $55.4M | $55.4M | $39.3M | $39.3M | $39.0M | $29.4M | $29.4M | $26.9M | $26.9M | $24.3M |
| Deferred revenue | $896,000 | — | — | — | $950,000 | $680,000 | — | $1.5M | — | — | $31.1M | $1.0M |
| Total current liabilities | $135.6M | $135.6M | $129.2M | $129.2M | $106.1M | $106.1M | $106.1M | $85.5M | $85.5M | $74.4M | $74.4M | $67.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $1.9M | — | $2.2M | — | $2.2M | — | $2.0M | — | $2.4M | — | $5.7M |
| Other long-term liabilities | $1.2M | $1.5M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.6M | $2.6M | $8.9M | $8.9M | $24.2M |
| Total liabilities | $136.9M | $137.2M | $131.5M | $131.5M | $108.2M | $108.2M | $108.2M | $88.0M | $88.0M | $83.3M | $83.3M | $91.4M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $193.0M | — | $169.2M | $169.2M | $117.2M | $117.2M | $117.2M | $123.9M | $123.9M | $103.4M | $103.4M | $97.0M |
| Retained earnings (deficit) | −$346.0M | −$346.0M | −$268.0M | −$268.0M | −$226.2M | −$226.2M | −$226.2M | −$213.6M | −$213.6M | −$186.5M | −$186.5M | −$168.7M |
| Accumulated other comprehensive income | $12.7M | — | $13.4M | $41.9M | $18.5M | $18.5M | $29.4M | $20.6M | $31.5M | $19.9M | $30.8M | −$1.9M |
| Minority interest | — | −$34,000 | — | −$32,000 | — | −$30,000 | — | — | — | — | — | — |
| Total shareholders' equity | −$115.6M | −$115.6M | −$58.1M | −$58.1M | −$80.8M | −$80.8M | −$80.8M | −$59.4M | −$59.4M | −$53.5M | −$53.5M | −$42.1M |
| Key figures | ||||||||||||
| Total debt | $80.7M | — | $56.6M | $56.6M | $40.5M | $40.5M | $40.2M | $30.9M | $30.9M | $28.8M | $26.2M | $28.7M |
| Net cash (debt) | −$78.2M | — | −$55.0M | −$55.0M | −$37.4M | −$37.4M | −$37.1M | −$29.7M | −$29.7M | −$25.2M | −$22.7M | −$25.9M |
| Working capital | −$119.5M | −$119.5M | −$109.0M | −$109.0M | −$87.7M | −$87.7M | −$87.7M | −$67.1M | −$67.1M | −$54.3M | −$54.3M | −$44.1M |
| Tangible book value | −$118.6M | −$118.6M | −$108.4M | −$108.4M | −$87.0M | −$87.0M | −$87.0M | −$66.5M | −$66.5M | −$61.4M | −$61.4M | −$62.0M |
| Book value per share | — | — | — | — | — | — | −$25.23 | — | −$7.52 | — | — | — |
| Shares outstanding | — | — | — | — | — | — | 3.2M | — | 7.9M | — | — | — |
| Current ratio | 0.12 | 0.12 | 0.16 | 0.16 | 0.17 | 0.17 | 0.17 | 0.21 | 0.21 | 0.27 | 0.27 | 0.34 |
| Quick ratio | 0.10 | 0.09 | 0.08 | 0.08 | 0.10 | 0.10 | 0.10 | 0.12 | 0.12 | 0.18 | 0.18 | 0.31 |
| Equity / assets | −537.9% | −537.9% | −79.3% | −79.3% | −294.7% | −294.7% | −294.7% | −207.3% | −207.3% | −164.2% | −164.2% | −79.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
HUBC financial position
At the end of fiscal 2025 (December 31, 2025), HUB Cyber Security had total assets of $21.5 million (down 21.6% from a year earlier), total liabilities of $137.2 million and shareholders' equity of -$115.6 million. Its current ratio was 0.12. In the latest quarter (ended June 30, 2026) total assets were $21.5 million and equity -$115.6 million.
Related: HUBC income statement, HUBC cash flow statement, HUBC key metrics. See the HUBC stock overview for the latest quote and news.
HUBC balance sheet FAQ
What are HUB Cyber Security's total assets?
HUB Cyber Security reported total assets of $21.5 million at the end of fiscal 2025 (December 31, 2025), compared with $27.4 million a year earlier.
How much cash does HUB Cyber Security have?
HUB Cyber Security held $1.8 million in cash and short-term investments at the end of fiscal 2025.
What is HUB Cyber Security's book value?
HUB Cyber Security's shareholders' equity (book value) was -$115.6 million at the end of fiscal 2025.
What is HUB Cyber Security's current ratio?
HUB Cyber Security had current assets of $16.1 million and current liabilities of $135.6 million, a current ratio of 0.12 (current liabilities exceed current assets).
How much goodwill does HUB Cyber Security have?
HUB Cyber Security carried $3.0 million of goodwill and intangible assets, 13.8% of total assets, at the end of fiscal 2025.