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PowerFleet (PowerFleet) Total Current Liabilities : $58.6 Mil (As of Dec. 2023)


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What is PowerFleet Total Current Liabilities?

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 Dec. 2023 was $58.6

PowerFleet Total Current Liabilities Historical Data

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.

* Premium members only.

PowerFleet Total Current Liabilities Chart

PowerFleet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.40 35.90 44.29 44.53 58.56

PowerFleet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.53 45.85 44.80 48.63 58.56

PowerFleet Total Current Liabilities Calculation

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 Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=22.031+22.594
+Other Current Liabilities+Current Deferred Liabilities
=8.265+5.666
=58.6

PowerFleet's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=22.031+22.594
+Other Current Liabilities+Current Deferred Liabilities
=8.265+5.666
=58.6

* 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

PowerFleet Total Current Liabilities Related Terms

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PowerFleet (PowerFleet) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PowerFleet Inc (NAS:PWFL) » Definitions » Total Current Liabilities
Comparable Companies
ITRN CLFD NTGR AVNW AAOI ADTN ASTS GILT CRNT COMM CSCO SHSE:601138 MSI HPE OHEL:NOKIA SZSE:000063 OSTO:ERIC B SHSE:688036 ZBRA JNPR
Traded in Other Exchanges
PWFL:Israel 3LO:Germany
Address
123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677
Website
https://www.powerfleet.com
PowerFleet Inc provides subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, trailers, containers, cargo, light vehicles, and heavy truck fleets. The firm's systems utilize radio frequency identification, Wi-fi, satellite communications, and sensor technology to manage its assets. It operates in the segment of Wireless IoT asset management. The company has a business presence in the U. S, Israel, and other countries, of which key revenue is derived from the U.S.
Executives
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