PowerFleet, Other Current Assets vs Non Current Liabilities Total Analysis

AIOT Stock   7.04  0.13  1.81%   
PowerFleet, financial indicator trend analysis is much more than just breaking down PowerFleet, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PowerFleet, is a good investment. Please check the relationship between PowerFleet, Other Current Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PowerFleet,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy PowerFleet, Stock please use our How to Invest in PowerFleet, guide.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PowerFleet, Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PowerFleet,'s Other Current Assets and Non Current Liabilities Total is 0.95. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of PowerFleet,, assuming nothing else is changed. The correlation between historical values of PowerFleet,'s Other Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of PowerFleet, are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., PowerFleet,'s Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Liabilities Total

Most indicators from PowerFleet,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PowerFleet, current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PowerFleet,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy PowerFleet, Stock please use our How to Invest in PowerFleet, guide.Tax Provision is likely to gain to about 877 K in 2024, whereas Selling General Administrative is likely to drop slightly above 66.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.8M1.6M1.8M2.0M
Depreciation And Amortization11.4M11.0M9.4M7.0M

PowerFleet, fundamental ratios Correlations

0.710.990.970.970.98-0.40.7-0.880.950.960.960.370.950.960.990.940.840.760.960.550.950.840.820.610.97
0.710.70.620.610.62-0.360.93-0.860.690.670.610.20.680.590.630.660.750.950.640.920.630.940.930.260.7
0.990.70.970.970.99-0.420.68-0.890.940.960.960.280.970.960.980.970.880.740.970.540.960.820.810.620.99
0.970.620.970.990.98-0.410.62-0.870.950.940.970.390.941.00.990.930.810.680.980.460.970.780.770.690.97
0.970.610.970.990.98-0.330.57-0.850.910.950.990.390.950.980.990.930.820.650.960.40.990.750.730.740.98
0.980.620.990.980.98-0.440.63-0.860.920.950.980.310.950.970.990.950.850.70.960.470.960.790.760.650.97
-0.4-0.36-0.42-0.41-0.33-0.44-0.560.6-0.46-0.46-0.280.37-0.43-0.47-0.35-0.52-0.58-0.54-0.46-0.57-0.33-0.54-0.61-0.28-0.38
0.70.930.680.620.570.63-0.56-0.850.690.620.580.180.620.60.620.620.720.990.640.970.560.970.960.180.63
-0.88-0.86-0.89-0.87-0.85-0.860.6-0.85-0.87-0.87-0.82-0.11-0.88-0.87-0.84-0.91-0.94-0.89-0.89-0.78-0.86-0.94-0.96-0.57-0.9
0.950.690.940.950.910.92-0.460.69-0.870.940.880.380.940.950.930.90.770.740.960.570.90.820.820.570.93
0.960.670.960.940.950.95-0.460.62-0.870.940.930.251.00.940.940.950.850.70.930.50.960.780.780.670.97
0.960.610.960.970.990.98-0.280.58-0.820.880.930.450.930.950.990.90.790.660.930.40.980.750.710.710.96
0.370.20.280.390.390.310.370.18-0.110.380.250.450.250.330.430.08-0.120.20.320.020.340.240.160.310.3
0.950.680.970.940.950.95-0.430.62-0.880.941.00.930.250.940.940.950.860.70.930.50.960.790.780.660.97
0.960.590.961.00.980.97-0.470.6-0.870.950.940.950.330.940.970.940.820.660.990.440.960.760.760.710.97
0.990.630.980.990.990.99-0.350.62-0.840.930.940.990.430.940.970.920.80.690.960.450.970.780.750.690.97
0.940.660.970.930.930.95-0.520.62-0.910.90.950.90.080.950.940.920.940.690.950.510.940.770.790.670.97
0.840.750.880.810.820.85-0.580.72-0.940.770.850.79-0.120.860.820.80.940.780.820.650.840.830.850.510.88
0.760.950.740.680.650.7-0.540.99-0.890.740.70.660.20.70.660.690.690.780.690.950.650.990.980.260.71
0.960.640.970.980.960.96-0.460.64-0.890.960.930.930.320.930.990.960.950.820.690.50.940.780.790.690.97
0.550.920.540.460.40.47-0.570.97-0.780.570.50.40.020.50.440.450.510.650.950.50.410.90.920.040.5
0.950.630.960.970.990.96-0.330.56-0.860.90.960.980.340.960.960.970.940.840.650.940.410.750.730.760.98
0.840.940.820.780.750.79-0.540.97-0.940.820.780.750.240.790.760.780.770.830.990.780.90.750.990.370.8
0.820.930.810.770.730.76-0.610.96-0.960.820.780.710.160.780.760.750.790.850.980.790.920.730.990.370.79
0.610.260.620.690.740.65-0.280.18-0.570.570.670.710.310.660.710.690.670.510.260.690.040.760.370.370.71
0.970.70.990.970.980.97-0.380.63-0.90.930.970.960.30.970.970.970.970.880.710.970.50.980.80.790.71
Click cells to compare fundamentals

PowerFleet, Account Relationship Matchups

PowerFleet, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets223.0M219.6M229.9M218.1M308.7M188.3M
Other Current Liab8.6M10.3M11.3M10.7M14.0M8.5M
Total Current Liabilities41.8M35.9M44.3M44.5M43.6M36.3M
Total Stockholder Equity131.6M131.2M144.8M140.9M128.8M104.2M
Property Plant And Equipment Net15.3M18.5M18.8M17.1M20.1M13.4M
Current Deferred Revenue8.5M7.3M6.5M6.4M5.8M5.9M
Net Debt25.4M20.1M7.5M11.8M99.1M104.1M
Retained Earnings(112.1M)(121.2M)(134.4M)(140.8M)(154.8M)(162.5M)
Accounts Payable15.4M9.9M17.7M14.7M20.0M13.3M
Cash16.7M18.4M26.8M18.0M24.4M17.2M
Non Current Assets Total155.6M157.9M143.7M137.6M138.9M113.6M
Non Currrent Assets Other51.2M12.5M11.1M10.8M15.6M14.0M
Cash And Short Term Investments16.7M18.4M26.8M18.0M24.4M17.5M
Net Receivables29.2M25.6M34.0M34.9M32.6M25.8M
Common Stock Shares Outstanding20.5M29.7M34.6M35.4M35.8M27.7M
Short Term Investments1.2M394K0.05.0M5.8M6.1M
Liabilities And Stockholders Equity223.0M219.6M229.9M218.1M308.7M188.3M
Non Current Liabilities Total49.7M52.4M40.7M32.5M136.2M143.0M
Inventory16.4M12.9M18.2M22.3M21.7M14.4M
Other Current Assets5.1M4.7M7.1M5.3M91.2M95.7M
Other Stockholder Equity195.8M199.6M225.8M210.5M193.9M191.8M
Total Liab91.5M88.3M85.0M77.0M179.8M188.8M
Total Current Assets67.5M61.6M86.1M80.4M169.8M178.3M
Accumulated Other Comprehensive Income265K399K391K(1.2M)(985K)(935.8K)
Common Stock308K323K373K376K387K312.3K

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Additional Tools for PowerFleet, Stock Analysis

When running PowerFleet,'s price analysis, check to measure PowerFleet,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PowerFleet, is operating at the current time. Most of PowerFleet,'s value examination focuses on studying past and present price action to predict the probability of PowerFleet,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PowerFleet,'s price. Additionally, you may evaluate how the addition of PowerFleet, to your portfolios can decrease your overall portfolio volatility.