How much debt does PowerFleet have?

PowerFleet had total debt of $280.02M as of Mar 31, 2026, against $36.50M in cash and short-term investments. Its debt-to-equity ratio was 0.59. Total debt was $287.06M a year earlier.

What are PowerFleet's total assets?

PowerFleet reported total assets of $955.57M as of Mar 31, 2026, up 5.0% from $910.07M a year earlier. Total liabilities were $473.95M.

What is PowerFleet's shareholders' equity?

PowerFleet's shareholders' equity was $475.49M as of Mar 31, 2026, or about $3.54 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

PowerFleet (AIOT) Balance Sheet: Assets & Liabilities

PowerFleet Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for PowerFleet, Inc. (AIOT) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Mar 2018	Dec 2016
Current Assets
Cash and Cash Equivalents	36.50	44.39	24.35	17.99	26.45	26.45	16.40	9.52	5.10	4.97
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.20	0.12
Cash & Short-Term Investments	36.50	44.39	24.35	17.99	26.45	26.45	16.40	9.52	6.30	5.09
Accounts Receivable	93.82	92.65	32.60	34.79	34.00	32.09	27.02	14.29	10.04	11.35
Inventory	22.45	18.35	21.66	22.27	18.24	18.24	16.38	5.06	4.59	3.92
Other Current Assets	0.49	13.69	91.18	5.42	7.14	11.12	11.40	7.36	8.23	7.55
Total Current Assets	179.18	169.08	169.79	80.46	85.84	87.91	71.19	36.22	29.15	27.91
Non-Current Assets
Property, Plant & Equipment (Net)	78.29	70.35	20.15	17.07	18.78	18.78	15.26	4.38	2.75	3.08
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	5.57	8.34	0.00	10.28	1.50
Goodwill	412.00	383.15	83.49	83.49	83.49	83.49	89.07	8.90	7.32	1.84
Intangible Assets	255.52	258.58	19.65	22.91	26.12	26.12	36.64	5.31	5.42	0.71
Other Non-Current Assets	21.60	24.98	12.83	10.28	11.07	13.57	2.53	7.72	0.16	0.15
Total Non-Current Assets	776.39	740.99	138.89	136.97	143.72	141.12	154.32	26.31	31.78	16.34
Total Assets	955.57	910.07	308.68	217.44	229.87	229.87	225.51	62.53	60.93	44.25
Current Liabilities
Accounts Payable	46.35	41.60	20.03	14.75	17.75	29.02	15.40	8.52	6.23	6.20
Short-Term Debt	50.36	46.71	3.74	12.75	8.75	6.11	9.34	0.82	1.21	2.99
Current Portion of Long-Term Debt	-	4.84	1.95	11.06	4.60	6.11	-	-	-	-
Accrued Liabilities	11.49	45.33	13.98	3.76	9.15	8.72	-	-	-	-
Deferred Revenue	20.16	17.38	5.84	6.36	6.52	6.52	7.69	9.86	9.71	7.20
Other Current Liabilities	3.32	45.33	13.98	11.85	11.27	2.54	9.48	2.13	1.92	1.43
Total Current Liabilities	157.95	151.01	43.59	45.71	44.29	44.29	41.91	21.32	19.07	17.81
Non-Current Liabilities
Long-Term Debt	229.67	240.35	119.73	17.03	25.48	18.11	32.78	1.54	0.00	0.00
Deferred Tax Liabilities	60.06	57.71	4.47	4.92	5.22	5.22	6.20	-1.54	0.00	0.00
Other Non-Current Liabilities	3.09	9.06	7.09	5.00	5.59	15.24	4.50	1.54	1.15	0.37
Total Non-Current Liabilities	316.00	312.32	136.18	31.34	40.72	40.72	52.03	11.48	8.89	10.43
Total Liabilities	473.95	463.33	179.77	77.04	85.01	85.01	93.94	32.80	27.96	28.24
Stockholders' Equity
Common Stock	1.34	1.34	0.39	0.38	0.37	0.37	0.31	0.19	0.18	0.13
Retained Earnings	-226.34	-205.78	-154.80	-140.81	-134.44	-134.44	-112.14	-103.37	-95.37	-91.50
Accumulated Other Comprehensive Income	29.66	-8.85	-0.99	-1.10	0.39	0.39	0.27	-0.40	-0.58	-0.10
Treasury Stock	11.52	11.52	8.68	8.65	8.51	-	-	-	-	-
Additional Paid-in Capital	682.34	659.88	193.93	219.06	225.78	226.34	195.76	133.31	128.73	107.47
Minority Interest	6.12	0.15	0.11	0.08	0.09	0.07	-0.01	0.00	0.00	0.00
Shares Outstanding	134.16	133.32	37.21	37.23	36.17	-	-	-	-	-
Total Stockholders' Equity	475.49	446.59	128.80	140.94	144.77	92.20	131.58	29.73	32.97	16.00
Total Liabilities & Equity	955.57	910.07	308.68	222.93	229.87	231.60	225.51	62.53	60.93	44.25

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

PowerFleet Balance Sheet Analysis

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