PowerFleet Balance Sheet Health
Financial Health criteria checks 2/6
PowerFleet has a total shareholder equity of $485.2M and total debt of $277.5M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are $959.5M and $474.3M respectively. PowerFleet's EBIT is $24.9M making its interest coverage ratio 1. It has cash and short-term investments of $31.2M.
Key information
57.19%
Debt to equity ratio
US$277.45m
Debt
| Interest coverage ratio | 1x |
| Cash | US$31.22m |
| Equity | US$485.18m |
| Total liabilities | US$474.28m |
| Total assets | US$959.46m |
Recent financial health updates
Does PowerFleet (NASDAQ:AIOT) Have A Healthy Balance Sheet?
Feb 05
Here's Why PowerFleet (NASDAQ:AIOT) Has A Meaningful Debt Burden
Oct 12Would PowerFleet (NASDAQ:AIOT) Be Better Off With Less Debt?
Mar 03Recent updates
AIOT: South Africa Public Sector Rollout Will Support Bullish Outlook
Analysts have modestly adjusted their outlook on PowerFleet, with the updated price target now set at $13.00. This reflects refined assumptions around revenue growth, profit margins and future P/E levels.AIOT: South Africa Public Sector Contract Will Drive Bullish Reassessment
Analysts have kept their price target for PowerFleet steady at $13.00, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that together still point to the same fair value estimate. What's in the News PowerFleet updated its full-year 2026 earnings guidance, with revenue now expected to be in the range of US$440m to US$445m, compared with prior guidance of US$435m to US$445m (Corporate Guidance).PowerFleet: Product Mix Can Help It Become Profitable
Apr 10AIOT: 2026 Top Pick Status And South Africa Contract Will Drive Reassessment
Analysts have modestly adjusted their PowerFleet outlook, keeping fair value steady at $13.00 while refining assumptions around discount rate, revenue growth, profit margin, and future P/E in light of its inclusion in several 2026 best-ideas lists and growing confidence in areas such as AI Video and cross-sell traction. Analyst Commentary Recent research indicates that bullish analysts are increasingly constructive on PowerFleet, pointing to execution on its post combination playbook, traction in AI Video, and growing cross sell activity as key drivers for potential value creation.AIOT: 2026 Top Pick Status And New Wins Will Drive Reassessment
Narrative Update on PowerFleet The analyst price target for PowerFleet has been reiterated at $10. Analysts point to its selection as a 2026 Top Pick and its inclusion in multiple best ideas lists, supported by views that recent new logo wins, AI Video traction, cross selling, and telco channel expansion can continue to underpin the current valuation framework.AIOT: 2026 Top Pick Momentum Will Drive Reassessment
Analysts are reiterating a $13.00 price target for PowerFleet, pointing to its inclusion on multiple 2026 top ideas lists and confidence that momentum in new customer wins, AI Video offerings, cross selling, and indirect telco channel expansion can support this valuation. Analyst Commentary Recent research highlights growing confidence among bullish analysts in PowerFleet’s ability to execute on its post combination plan, with particular attention on how new customer wins, AI Video offerings, cross selling, and indirect telco channel activity could support the current valuation framework.AIOT: South Africa Public Sector Rollout Will Drive Reassessment
Narrative update on PowerFleet The analyst price target for PowerFleet has shifted from $15.00 to $13.00 as analysts factor in updated assumptions on growth, margins, discount rate and a higher future P/E multiple. They also point to recent recognition as a 2026 Top Pick and inclusion on best ideas lists as support for the company’s execution and positioning.PowerFleet, Inc. (NASDAQ:AIOT) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough
Feb 12Does PowerFleet (NASDAQ:AIOT) Have A Healthy Balance Sheet?
Feb 05Here's Why PowerFleet (NASDAQ:AIOT) Has A Meaningful Debt Burden
Oct 12A Piece Of The Puzzle Missing From PowerFleet, Inc.'s (NASDAQ:AIOT) 25% Share Price Climb
Sep 20It's Down 26% But PowerFleet, Inc. (NASDAQ:AIOT) Could Be Riskier Than It Looks
Jun 14
AT&T And TELUS Partnerships Will Expand Market Reach
The strategic focus on AI and safety solutions, along with expanded R&D efforts, positions PowerFleet for growth and increased market share with higher-margin offerings.Not Many Are Piling Into PowerFleet, Inc. (NASDAQ:AIOT) Stock Yet As It Plummets 26%
Apr 09Would PowerFleet (NASDAQ:AIOT) Be Better Off With Less Debt?
Mar 03Powerfleet: A Great Story, But I'll Pass
Feb 18Revenues Tell The Story For PowerFleet, Inc. (NASDAQ:AIOT) As Its Stock Soars 38%
Feb 11PowerFleet: An Affordable Samsara Competitor
Dec 26What You Can Learn From PowerFleet, Inc.'s (NASDAQ:AIOT) P/S
Nov 10PowerFleet, Inc.'s (NASDAQ:PWFL) 28% Dip In Price Shows Sentiment Is Matching Revenues
Aug 11Is PowerFleet (NASDAQ:PWFL) A Risky Investment?
Jun 28PowerFleet (NASDAQ:PWFL) Is Making Moderate Use Of Debt
Mar 10Does PowerFleet (NASDAQ:PWFL) Have A Healthy Balance Sheet?
Aug 11PowerFleet Non-GAAP EPS of $0.03 beats by $0.08, revenue of $34.6M beats by $0.24M
Aug 08Financial Position Analysis
Short Term Liabilities: AIOT's short term assets ($175.1M) exceed its short term liabilities ($160.0M).
Long Term Liabilities: AIOT's short term assets ($175.1M) do not cover its long term liabilities ($314.3M).
Debt to Equity History and Analysis
Debt Level: AIOT's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: AIOT's debt to equity ratio has increased from 21.9% to 57.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AIOT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AIOT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 13:51 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PowerFleet, Inc. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Prestopino | Barrington Research Associates, Inc. |
| Michael Nichols | B. Riley Securities, Inc. |
| Thomas Walkley | Canaccord Genuity |