PowerFleet, Net Income vs Net Income Per Share Analysis

AIOT Stock   7.14  0.10  1.42%   
PowerFleet, financial indicator trend analysis is much more than just breaking down PowerFleet, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PowerFleet, is a good investment. Please check the relationship between PowerFleet, Net Income and its Net Income Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PowerFleet,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy PowerFleet, Stock please use our How to Invest in PowerFleet, guide.

Net Income vs Net Income Per Share

Net Income vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PowerFleet, Net Income account and Net Income Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PowerFleet,'s Net Income and Net Income Per Share is -0.32. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of PowerFleet,, assuming nothing else is changed. The correlation between historical values of PowerFleet,'s Net Income and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of PowerFleet, are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Net Income i.e., PowerFleet,'s Net Income and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in PowerFleet, financial statement analysis. It represents the amount of money remaining after all of PowerFleet, operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income Per Share

Most indicators from PowerFleet,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PowerFleet, current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PowerFleet,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy PowerFleet, Stock please use our How to Invest in PowerFleet, guide.Tax Provision is likely to gain to about 877 K in 2024, whereas Selling General Administrative is likely to drop slightly above 66.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.8M1.6M1.8M2.0M
Depreciation And Amortization11.4M11.0M9.4M7.0M

PowerFleet, fundamental ratios Correlations

0.710.990.970.970.98-0.40.7-0.880.950.960.960.370.950.960.990.940.840.760.960.550.950.840.820.610.97
0.710.70.620.610.62-0.360.93-0.860.690.670.610.20.680.590.630.660.750.950.640.920.630.940.930.260.7
0.990.70.970.970.99-0.420.68-0.890.940.960.960.280.970.960.980.970.880.740.970.540.960.820.810.620.99
0.970.620.970.990.98-0.410.62-0.870.950.940.970.390.941.00.990.930.810.680.980.460.970.780.770.690.97
0.970.610.970.990.98-0.330.57-0.850.910.950.990.390.950.980.990.930.820.650.960.40.990.750.730.740.98
0.980.620.990.980.98-0.440.63-0.860.920.950.980.310.950.970.990.950.850.70.960.470.960.790.760.650.97
-0.4-0.36-0.42-0.41-0.33-0.44-0.560.6-0.46-0.46-0.280.37-0.43-0.47-0.35-0.52-0.58-0.54-0.46-0.57-0.33-0.54-0.61-0.28-0.38
0.70.930.680.620.570.63-0.56-0.850.690.620.580.180.620.60.620.620.720.990.640.970.560.970.960.180.63
-0.88-0.86-0.89-0.87-0.85-0.860.6-0.85-0.87-0.87-0.82-0.11-0.88-0.87-0.84-0.91-0.94-0.89-0.89-0.78-0.86-0.94-0.96-0.57-0.9
0.950.690.940.950.910.92-0.460.69-0.870.940.880.380.940.950.930.90.770.740.960.570.90.820.820.570.93
0.960.670.960.940.950.95-0.460.62-0.870.940.930.251.00.940.940.950.850.70.930.50.960.780.780.670.97
0.960.610.960.970.990.98-0.280.58-0.820.880.930.450.930.950.990.90.790.660.930.40.980.750.710.710.96
0.370.20.280.390.390.310.370.18-0.110.380.250.450.250.330.430.08-0.120.20.320.020.340.240.160.310.3
0.950.680.970.940.950.95-0.430.62-0.880.941.00.930.250.940.940.950.860.70.930.50.960.790.780.660.97
0.960.590.961.00.980.97-0.470.6-0.870.950.940.950.330.940.970.940.820.660.990.440.960.760.760.710.97
0.990.630.980.990.990.99-0.350.62-0.840.930.940.990.430.940.970.920.80.690.960.450.970.780.750.690.97
0.940.660.970.930.930.95-0.520.62-0.910.90.950.90.080.950.940.920.940.690.950.510.940.770.790.670.97
0.840.750.880.810.820.85-0.580.72-0.940.770.850.79-0.120.860.820.80.940.780.820.650.840.830.850.510.88
0.760.950.740.680.650.7-0.540.99-0.890.740.70.660.20.70.660.690.690.780.690.950.650.990.980.260.71
0.960.640.970.980.960.96-0.460.64-0.890.960.930.930.320.930.990.960.950.820.690.50.940.780.790.690.97
0.550.920.540.460.40.47-0.570.97-0.780.570.50.40.020.50.440.450.510.650.950.50.410.90.920.040.5
0.950.630.960.970.990.96-0.330.56-0.860.90.960.980.340.960.960.970.940.840.650.940.410.750.730.760.98
0.840.940.820.780.750.79-0.540.97-0.940.820.780.750.240.790.760.780.770.830.990.780.90.750.990.370.8
0.820.930.810.770.730.76-0.610.96-0.960.820.780.710.160.780.760.750.790.850.980.790.920.730.990.370.79
0.610.260.620.690.740.65-0.280.18-0.570.570.670.710.310.660.710.690.670.510.260.690.040.760.370.370.71
0.970.70.990.970.980.97-0.380.63-0.90.930.970.960.30.970.970.970.970.880.710.970.50.980.80.790.71
Click cells to compare fundamentals

PowerFleet, Account Relationship Matchups

PowerFleet, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets223.0M219.6M229.9M218.1M308.7M188.3M
Other Current Liab8.6M10.3M11.3M10.7M14.0M8.5M
Total Current Liabilities41.8M35.9M44.3M44.5M43.6M36.3M
Total Stockholder Equity131.6M131.2M144.8M140.9M128.8M104.2M
Property Plant And Equipment Net15.3M18.5M18.8M17.1M20.1M13.4M
Current Deferred Revenue8.5M7.3M6.5M6.4M5.8M5.9M
Net Debt25.4M20.1M7.5M11.8M99.1M104.1M
Retained Earnings(112.1M)(121.2M)(134.4M)(140.8M)(154.8M)(162.5M)
Accounts Payable15.4M9.9M17.7M14.7M20.0M13.3M
Cash16.7M18.4M26.8M18.0M24.4M17.2M
Non Current Assets Total155.6M157.9M143.7M137.6M138.9M113.6M
Non Currrent Assets Other51.2M12.5M11.1M10.8M15.6M14.0M
Cash And Short Term Investments16.7M18.4M26.8M18.0M24.4M17.5M
Net Receivables29.2M25.6M34.0M34.9M32.6M25.8M
Common Stock Shares Outstanding20.5M29.7M34.6M35.4M35.8M27.7M
Short Term Investments1.2M394K0.05.0M5.8M6.1M
Liabilities And Stockholders Equity223.0M219.6M229.9M218.1M308.7M188.3M
Non Current Liabilities Total49.7M52.4M40.7M32.5M136.2M143.0M
Inventory16.4M12.9M18.2M22.3M21.7M14.4M
Other Current Assets5.1M4.7M7.1M5.3M91.2M95.7M
Other Stockholder Equity195.8M199.6M225.8M210.5M193.9M191.8M
Total Liab91.5M88.3M85.0M77.0M179.8M188.8M
Total Current Assets67.5M61.6M86.1M80.4M169.8M178.3M
Accumulated Other Comprehensive Income265K399K391K(1.2M)(985K)(935.8K)
Common Stock308K323K373K376K387K312.3K

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Additional Tools for PowerFleet, Stock Analysis

When running PowerFleet,'s price analysis, check to measure PowerFleet,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PowerFleet, is operating at the current time. Most of PowerFleet,'s value examination focuses on studying past and present price action to predict the probability of PowerFleet,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PowerFleet,'s price. Additionally, you may evaluate how the addition of PowerFleet, to your portfolios can decrease your overall portfolio volatility.