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Hub Cyber Security (Hub Cyber Security) Return-on-Tangible-Equity : 0.00% (As of Jun. 2023)


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What is Hub Cyber Security Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hub Cyber Security's annualized net income for the quarter that ended in Jun. 2023 was $-139.33 Mil. Hub Cyber Security's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $-42.76 Mil. Therefore, Hub Cyber Security's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was N/A%.

The historical rank and industry rank for Hub Cyber Security's Return-on-Tangible-Equity or its related term are showing as below:

HUBC's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.88
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hub Cyber Security Return-on-Tangible-Equity Historical Data

The historical data trend for Hub Cyber Security's Return-on-Tangible-Equity 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.

* Premium members only.

Hub Cyber Security Return-on-Tangible-Equity Chart

Hub Cyber Security Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
- -43.83 -124.75 -244.31 -

Hub Cyber Security Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only -56.06 -80.93 -465.98 - -

Competitive Comparison of Hub Cyber Security's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, Hub Cyber Security's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hub Cyber Security's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Hub Cyber Security's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hub Cyber Security's Return-on-Tangible-Equity falls into.



Hub Cyber Security Return-on-Tangible-Equity Calculation

Hub Cyber Security's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-81.595/( (10.178+-23.487 )/ 2 )
=-81.595/-6.6545
=N/A %

Hub Cyber Security's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-139.332/( (-23.487+-62.028)/ 2 )
=-139.332/-42.7575
=N/A %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hub Cyber Security  (NAS:HUBC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Hub Cyber Security Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Hub Cyber Security's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Hub Cyber Security (Hub Cyber Security) Business Description

Traded in Other Exchanges
N/A
Address
17 Rothschild Boulevard, Tel Aviv, ISR, 6688120
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

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