Hub Cyber Security (Hub Cyber Security) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2023)

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What is Hub Cyber Security LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Hub Cyber Security's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.08.

Hub Cyber Security's long-term debt to total assets ratio declined from Jun. 2022 (0.09) to Jun. 2023 (0.08). It may suggest that Hub Cyber Security is progressively becoming less dependent on debt to grow their business.

Hub Cyber Security LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hub Cyber Security's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hub Cyber Security LT-Debt-to-Total-Asset Chart

Hub Cyber Security Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.15

0.02

0.08

0.07

Hub Cyber Security Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.02	0.08	0.09	0.07	0.08

Hub Cyber Security LT-Debt-to-Total-Asset Calculation

Hub Cyber Security's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	4.995	/	74.793
	=	0.07

Hub Cyber Security's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	4.321	/	52.819
	=	0.08

Hub Cyber Security (NAS:HUBC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Hub Cyber Security LT-Debt-to-Total-Asset Related Terms

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Hub Cyber Security (Hub Cyber Security) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hub Cyber Security Ltd (NAS:HUBC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Rothschild Boulevard, Tel Aviv, ISR, 6688120

Website

https://www.hubsecurity.com

Hub Cyber Security Ltd is engaged in the development of cyber products, software and quality systems, reliability, and risk management. It operates in several countries and provides cybersecurity computing appliances as well as a wide range of cybersecurity professional services.

Hub Cyber Security (Hub Cyber Security) Headlines

From GuruFocus

Pomerantz Law Firm Announces Extended Lead Plaintiff Motion Deadline of October 16, 2023 in the Securities Lawsuit Pending Against Hub Cyber Security Ltd. f/k/a Hub Cyber Security (Israel) Ltd. and Certain Officers and Directors -- HUBC; HUBCZ; HUBCW; RNE

By Marketwired • 09-25-2023

HUB ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Hub Cyber Security Ltd. and Encourages Investors to Contact the Firm

By Marketwired • 09-28-2023

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in HUB Cyber Security (Israel) Ltd. with Losses of $100,000 to Contact the Firm

By ACCESSWIRE • 09-25-2023

Hub Security Forecasts Over $10 Million in New Contracts in 2024 from a Key Contract with Top US Enterprise AI Firm in Groundbreaking Big4 Project

By Marketwired • 11-06-2023

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in HUB Cyber Security (Israel) Ltd. with Losses of $100,000 to Contact the Firm

By ACCESSWIRE • 09-21-2023

By PRNewswire • 09-29-2023

HUB ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Hub Cyber Security Ltd. and Encourages Investors to Contact the Firm

By Marketwired • 10-03-2023

By PRNewswire • 10-09-2023

ROSEN, LEADING INVESTOR COUNSEL, Encourages HUB Cyber Security Ltd. f/k/a Hub Cyber Security (Israel) Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action -- HUBC, HUBCZ, HUBCW

By Marketwired • 09-23-2023