PowerFleet (XTAE:AIOT) Debt-to-Equity : 0.61 (As of Dec. 2024)

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What is PowerFleet Debt-to-Equity?

PowerFleet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₪144 Mil. PowerFleet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₪883 Mil. PowerFleet's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₪1,672 Mil. PowerFleet's debt to equity for the quarter that ended in Dec. 2024 was 0.61.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PowerFleet's Debt-to-Equity or its related term are showing as below:

XTAE:AIOT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.21 Max: 0.96
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of PowerFleet was 0.96. The lowest was 0.00. And the median was 0.21.

XTAE:AIOT's Debt-to-Equity is ranked worse than
75.77% of 2187 companies
in the Software industry
Industry Median: 0.2 vs XTAE:AIOT: 0.61

PowerFleet Debt-to-Equity Historical Data

The historical data trend for PowerFleet's Debt-to-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.

PowerFleet Debt-to-Equity Chart

PowerFleet Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Mar24

Debt-to-Equity

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0.29

0.24

0.21

0.20

0.96

PowerFleet Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.96	0.39	0.35	0.61

Competitive Comparison of PowerFleet's Debt-to-Equity

For the Software - Infrastructure subindustry, PowerFleet's Debt-to-Equity, along with its competitors' market caps and Debt-to-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.

PowerFleet's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, PowerFleet's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PowerFleet's Debt-to-Equity falls into.

PowerFleet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PowerFleet's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(13.639	+	436.629)	/	469.715
	=	0.96

PowerFleet's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(143.532	+	882.578)	/	1671.632
	=	0.61

PowerFleet (XTAE:AIOT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

PowerFleet Debt-to-Equity Related Terms

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PowerFleet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PowerFleet Inc (XTAE:AIOT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PWR:South Africa AIOT:USA 3LO:Germany

Address

123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677

Website

https://www.powerfleet.com

PowerFleet Inc is engaged in Internet-of-Things (IoT) solutions providing valuable business intelligence for managing high-value enterprise assets that improve operational efficiencies. It provide critical information that powers unified operations throughout organizations. It is solving the challenge of inefficient data collection, real-time visibility, and analysis that leads to transformative business operations. Its SaaS cloud-based applications take data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customer.