CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Mar. 31, 2019
Current assets:
Cash and cash equivalents	$ 17,953	$ 26,941
Restricted cash	699	897
Accounts receivables, net of allowances for doubtful accounts of $2.7 million and $3.6 million, respectively	24,100	21,045
Inventory, net	3,271	3,536
Prepaid expenses and other current assets	7,375	8,140
Total current assets	53,398	60,559
Property and equipment, net	30,019	31,714
Goodwill	37,923	44,352
Intangible assets, net	15,007	16,879
Deferred tax assets	3,108	3,197
Other assets	4,200	3,729
Total assets	143,655	160,430
Current liabilities:
Short-term debt	2,367	2,087
Accounts payables	5,251	6,260
Accrued expenses and other liabilities	14,839	17,423
Deferred revenue	5,077	6,107
Total current liabilities	27,534	31,877
Deferred tax liabilities	11,436	9,174
Long-term accrued expenses and other liabilities	5,660	2,438
Total liabilities	44,630	43,489
Commitments and contingencies
MiX Telematics Limited stockholders' equity
Preference shares: 100 million shares authorized but not issued	0	0
Ordinary shares: 601.9 million and 600.9 million no-par value shares issued and outstanding as of March 31, 2019 and 2020, respectively	66,522	68,200
Less treasury stock at cost: 40 million shares and 54 million shares as of March, 31, 2019 and 2020, respectively	(17,315)	(9,227)
Retained earnings	67,482	62,750
Accumulated other comprehensive income/(loss)	(11,070)	2,115
Additional paid-in capital	(6,599)	(6,902)
Total MiX Telematics Limited stockholders’ equity	99,020	116,936
Non-controlling interest	5	5
Total stockholders' equity	99,025	116,941
Total liabilities and stockholders’ equity	$ 143,655	$ 160,430