AIOT has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AIOT has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. PowerFleet's total current liabilities for the quarter that ended in Sep. 2024 was $114.1
The historical data trend for PowerFleet's Total Current Liabilities 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.
PowerFleet Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Mar24 | |||||||||||
Total Current Liabilities | Get a 7-Day Free Trial | 35.90 | 44.29 | 44.53 | 58.56 | 43.59 |
PowerFleet Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Total Current Liabilities | Get a 7-Day Free Trial | 48.63 | 58.56 | 43.59 | 108.84 | 114.13 |
Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.
PowerFleet's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as
Total Current Liabilities | = | Accounts Payable & Accrued Expense | + | Short-Term Debt & Capital Lease Obligation |
= | 24.225 | + | 3.74 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 9.783 | + | 5.842 | |
= | 43.6 |
PowerFleet's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as
Total Current Liabilities | = | Accounts Payable & Accrued Expense | + | Short-Term Debt & Capital Lease Obligation |
= | 49.938 | + | 37.432 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 16.315 | + | 10.447 | |
= | 114.1 |
* 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.
The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.
Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.
Be Aware
Stay away from companies that roll over the debt e.g. Bear Stearns
When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.
His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.
Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term
Thank you for viewing the detailed overview of PowerFleet's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.
David Wilson | officer: Chief Financial Officer | |
Michael J Casey | director | C/O MAPICS INC, 1000WINDWARD CONCOURSE PKWY STE.100, ALPHARETTA GA 30005 |
Offer Lehmann | officer: Chief Operating Officer | C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677 |
Elchanan Maoz | director | 11200 SW MURRAY SCHOLLS PLACE, BEAVERTON OR 97007 |
Patrick John Maley | officer: Chief Revenue Officer | C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677 |
James Scott Zeitunian | officer: Chief Technology Officer | C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677 |
Joaquin Fong | officer: See "Remarks" below | C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677 |
Charles Frumberg | director | 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022 |
Michael Brodsky | director | C/O NEW WORLD OPPORTUNITY PARTNERS I LLC, 1603 ORRINGTON AVE, STE 1600, EVANSTON IL 60201 |
Steven Mark Towe | director, officer: Chief Executive Officer | C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677 |
Elizabeth Elkins | officer: Chief Product Officer | C/O POWERFLEET, INC., 123 TICE BLVD., WOODCLIFF LAKE NJ 07677 |
David Mahlab | director, officer: CEO International | 14 HA'MELACHA STREET, ROSH HA'AYIN L3 4809133 |
Medhini Srinivasan | director | C/O POWERFLEET, INC., 123 TICE BLVD, WOODCLIFF LAKE NJ 07677 |
Anders Bjork | director | C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677 |
Ned Mavrommatis | officer: Chief Financial Officer | C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601 |
From GuruFocus
By PRNewswire • 08-22-2024
By PRNewswire • 08-05-2024
By PRNewswire • 11-12-2024
By GuruFocus News • 11-12-2024
By PRNewswire • 06-20-2024
By PRNewswire • 05-23-2024
By PRNewswire • 12-06-2024
By PRNewswire • 05-23-2024
By PRNewswire • 09-17-2024
By PRNewswire • 05-31-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.