PowerFleet, Retained Earnings vs Net Invested Capital 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, Retained Earnings and its Net Invested Capital 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.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PowerFleet, Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between PowerFleet,'s Retained Earnings and Net Invested Capital is -0.56. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of PowerFleet,, assuming nothing else is changed. The correlation between historical values of PowerFleet,'s Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of PowerFleet, are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., PowerFleet,'s Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 Expense	2.8M	1.6M	1.8M	2.0M
Depreciation And Amortization	11.4M	11.0M	9.4M	7.0M

Interest Expense Depreciation And Amortization

PowerFleet, fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.71	0.99	0.97	0.97	0.98	-0.4	0.7	-0.88	0.95	0.96	0.96	0.37	0.95	0.96	0.99	0.94	0.84	0.76	0.96	0.55	0.95	0.84	0.82	0.61	0.97
Short Long Term Debt Total	0.71		0.7	0.62	0.61	0.62	-0.36	0.93	-0.86	0.69	0.67	0.61	0.2	0.68	0.59	0.63	0.66	0.75	0.95	0.64	0.92	0.63	0.94	0.93	0.26	0.7
Other Current Liab	0.99	0.7		0.97	0.97	0.99	-0.42	0.68	-0.89	0.94	0.96	0.96	0.28	0.97	0.96	0.98	0.97	0.88	0.74	0.97	0.54	0.96	0.82	0.81	0.62	0.99
Total Current Liabilities	0.97	0.62	0.97		0.99	0.98	-0.41	0.62	-0.87	0.95	0.94	0.97	0.39	0.94	1.0	0.99	0.93	0.81	0.68	0.98	0.46	0.97	0.78	0.77	0.69	0.97
Total Stockholder Equity	0.97	0.61	0.97	0.99		0.98	-0.33	0.57	-0.85	0.91	0.95	0.99	0.39	0.95	0.98	0.99	0.93	0.82	0.65	0.96	0.4	0.99	0.75	0.73	0.74	0.98
Property Plant And Equipment Net	0.98	0.62	0.99	0.98	0.98		-0.44	0.63	-0.86	0.92	0.95	0.98	0.31	0.95	0.97	0.99	0.95	0.85	0.7	0.96	0.47	0.96	0.79	0.76	0.65	0.97
Current Deferred Revenue	-0.4	-0.36	-0.42	-0.41	-0.33	-0.44		-0.56	0.6	-0.46	-0.46	-0.28	0.37	-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
Net Debt	0.7	0.93	0.68	0.62	0.57	0.63	-0.56		-0.85	0.69	0.62	0.58	0.18	0.62	0.6	0.62	0.62	0.72	0.99	0.64	0.97	0.56	0.97	0.96	0.18	0.63
Retained Earnings	-0.88	-0.86	-0.89	-0.87	-0.85	-0.86	0.6	-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
Accounts Payable	0.95	0.69	0.94	0.95	0.91	0.92	-0.46	0.69	-0.87		0.94	0.88	0.38	0.94	0.95	0.93	0.9	0.77	0.74	0.96	0.57	0.9	0.82	0.82	0.57	0.93
Cash	0.96	0.67	0.96	0.94	0.95	0.95	-0.46	0.62	-0.87	0.94		0.93	0.25	1.0	0.94	0.94	0.95	0.85	0.7	0.93	0.5	0.96	0.78	0.78	0.67	0.97
Non Current Assets Total	0.96	0.61	0.96	0.97	0.99	0.98	-0.28	0.58	-0.82	0.88	0.93		0.45	0.93	0.95	0.99	0.9	0.79	0.66	0.93	0.4	0.98	0.75	0.71	0.71	0.96
Non Currrent Assets Other	0.37	0.2	0.28	0.39	0.39	0.31	0.37	0.18	-0.11	0.38	0.25	0.45		0.25	0.33	0.43	0.08	-0.12	0.2	0.32	0.02	0.34	0.24	0.16	0.31	0.3
Cash And Short Term Investments	0.95	0.68	0.97	0.94	0.95	0.95	-0.43	0.62	-0.88	0.94	1.0	0.93	0.25		0.94	0.94	0.95	0.86	0.7	0.93	0.5	0.96	0.79	0.78	0.66	0.97
Net Receivables	0.96	0.59	0.96	1.0	0.98	0.97	-0.47	0.6	-0.87	0.95	0.94	0.95	0.33	0.94		0.97	0.94	0.82	0.66	0.99	0.44	0.96	0.76	0.76	0.71	0.97
Good Will	0.99	0.63	0.98	0.99	0.99	0.99	-0.35	0.62	-0.84	0.93	0.94	0.99	0.43	0.94	0.97		0.92	0.8	0.69	0.96	0.45	0.97	0.78	0.75	0.69	0.97
Common Stock Shares Outstanding	0.94	0.66	0.97	0.93	0.93	0.95	-0.52	0.62	-0.91	0.9	0.95	0.9	0.08	0.95	0.94	0.92		0.94	0.69	0.95	0.51	0.94	0.77	0.79	0.67	0.97
Short Term Investments	0.84	0.75	0.88	0.81	0.82	0.85	-0.58	0.72	-0.94	0.77	0.85	0.79	-0.12	0.86	0.82	0.8	0.94		0.78	0.82	0.65	0.84	0.83	0.85	0.51	0.88
Non Current Liabilities Total	0.76	0.95	0.74	0.68	0.65	0.7	-0.54	0.99	-0.89	0.74	0.7	0.66	0.2	0.7	0.66	0.69	0.69	0.78		0.69	0.95	0.65	0.99	0.98	0.26	0.71
Inventory	0.96	0.64	0.97	0.98	0.96	0.96	-0.46	0.64	-0.89	0.96	0.93	0.93	0.32	0.93	0.99	0.96	0.95	0.82	0.69		0.5	0.94	0.78	0.79	0.69	0.97
Other Current Assets	0.55	0.92	0.54	0.46	0.4	0.47	-0.57	0.97	-0.78	0.57	0.5	0.4	0.02	0.5	0.44	0.45	0.51	0.65	0.95	0.5		0.41	0.9	0.92	0.04	0.5
Other Stockholder Equity	0.95	0.63	0.96	0.97	0.99	0.96	-0.33	0.56	-0.86	0.9	0.96	0.98	0.34	0.96	0.96	0.97	0.94	0.84	0.65	0.94	0.41		0.75	0.73	0.76	0.98
Total Liab	0.84	0.94	0.82	0.78	0.75	0.79	-0.54	0.97	-0.94	0.82	0.78	0.75	0.24	0.79	0.76	0.78	0.77	0.83	0.99	0.78	0.9	0.75		0.99	0.37	0.8
Total Current Assets	0.82	0.93	0.81	0.77	0.73	0.76	-0.61	0.96	-0.96	0.82	0.78	0.71	0.16	0.78	0.76	0.75	0.79	0.85	0.98	0.79	0.92	0.73	0.99		0.37	0.79
Short Term Debt	0.61	0.26	0.62	0.69	0.74	0.65	-0.28	0.18	-0.57	0.57	0.67	0.71	0.31	0.66	0.71	0.69	0.67	0.51	0.26	0.69	0.04	0.76	0.37	0.37		0.71
Common Stock	0.97	0.7	0.99	0.97	0.98	0.97	-0.38	0.63	-0.9	0.93	0.97	0.96	0.3	0.97	0.97	0.97	0.97	0.88	0.71	0.97	0.5	0.98	0.8	0.79	0.71

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PowerFleet, Account Relationship Matchups

PowerFleet, fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	223.0M	219.6M	229.9M	218.1M	308.7M	188.3M
Other Current Liab	8.6M	10.3M	11.3M	10.7M	14.0M	8.5M
Total Current Liabilities	41.8M	35.9M	44.3M	44.5M	43.6M	36.3M
Total Stockholder Equity	131.6M	131.2M	144.8M	140.9M	128.8M	104.2M
Property Plant And Equipment Net	15.3M	18.5M	18.8M	17.1M	20.1M	13.4M
Current Deferred Revenue	8.5M	7.3M	6.5M	6.4M	5.8M	5.9M
Net Debt	25.4M	20.1M	7.5M	11.8M	99.1M	104.1M
Retained Earnings	(112.1M)	(121.2M)	(134.4M)	(140.8M)	(154.8M)	(162.5M)
Accounts Payable	15.4M	9.9M	17.7M	14.7M	20.0M	13.3M
Cash	16.7M	18.4M	26.8M	18.0M	24.4M	17.2M
Non Current Assets Total	155.6M	157.9M	143.7M	137.6M	138.9M	113.6M
Non Currrent Assets Other	51.2M	12.5M	11.1M	10.8M	15.6M	14.0M
Cash And Short Term Investments	16.7M	18.4M	26.8M	18.0M	24.4M	17.5M
Net Receivables	29.2M	25.6M	34.0M	34.9M	32.6M	25.8M
Common Stock Shares Outstanding	20.5M	29.7M	34.6M	35.4M	35.8M	27.7M
Short Term Investments	1.2M	394K	0.0	5.0M	5.8M	6.1M
Liabilities And Stockholders Equity	223.0M	219.6M	229.9M	218.1M	308.7M	188.3M
Non Current Liabilities Total	49.7M	52.4M	40.7M	32.5M	136.2M	143.0M
Inventory	16.4M	12.9M	18.2M	22.3M	21.7M	14.4M
Other Current Assets	5.1M	4.7M	7.1M	5.3M	91.2M	95.7M
Other Stockholder Equity	195.8M	199.6M	225.8M	210.5M	193.9M	191.8M
Total Liab	91.5M	88.3M	85.0M	77.0M	179.8M	188.8M
Total Current Assets	67.5M	61.6M	86.1M	80.4M	169.8M	178.3M
Accumulated Other Comprehensive Income	265K	399K	391K	(1.2M)	(985K)	(935.8K)
Common Stock	308K	323K	373K	376K	387K	312.3K

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