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PowerFleet Balance Sheet Health
Financial Health criteria checks 5/6
PowerFleet has a total shareholder equity of $108.0M and total debt of $21.1M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are $181.5M and $73.5M respectively. PowerFleet's EBIT is $14.8M making its interest coverage ratio 12.8. It has cash and short-term investments of $25.6M.
Key information
19.6%
Debt to equity ratio
US$21.14m
Debt
Interest coverage ratio | 12.8x |
Cash | US$25.55m |
Equity | US$108.02m |
Total liabilities | US$73.51m |
Total assets | US$181.52m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3PQA's short term assets ($69.2M) exceed its short term liabilities ($56.7M).
Long Term Liabilities: 3PQA's short term assets ($69.2M) exceed its long term liabilities ($16.8M).
Debt to Equity History and Analysis
Debt Level: 3PQA has more cash than its total debt.
Reducing Debt: 3PQA's debt to equity ratio has increased from 1.9% to 19.6% over the past 5 years.
Debt Coverage: 3PQA's debt is well covered by operating cash flow (107.3%).
Interest Coverage: 3PQA's interest payments on its debt are well covered by EBIT (12.8x coverage).