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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 19,668 $ 33,738
Restricted cash 745 981
Accounts receivables, net of allowances for doubtful accounts of $5.4 million and $4.0 million as of March 31, 2022 and September 30, 2022, respectively 25,468 25,092
Inventory, net 4,338 3,356
Prepaid expenses and other current assets 12,601 11,463
Total current assets 62,820 74,630
Property, plant and equipment, net 33,639 32,274
Goodwill 38,327 44,434
Intangible assets, net 22,955 20,460
Deferred tax assets 2,472 3,768
Other assets 5,569 4,988
Total assets 165,782 180,554
Current liabilities:    
Short-term debt 11,989 5,597
Accounts payables 5,143 8,052
Accrued expenses and other liabilities 19,161 19,610
Contingent consideration 3,108 0
Deferred revenue 5,878 6,692
Income taxes payable 319 590
Total current liabilities 45,598 40,541
Deferred tax liabilities 11,071 8,972
Contingent consideration 965 0
Long-term accrued expenses and other liabilities 3,356 4,344
Total liabilities 60,990 53,857
MiX Telematics Limited stockholders’ equity    
Preference shares: 100 million shares authorized but not issued 0 0
Ordinary shares: 605.2 million and 605.9 million no-par value shares issued and outstanding as of March 31, 2022 and September 30, 2022, respectively 64,283 64,390
Less treasury stock at cost: 53.8 million shares as of March 31, 2022 and September 30, 2022 (17,315) (17,315)
Retained earnings 76,469 79,709
Accumulated other comprehensive income/(loss) (14,700) 3,909
Additional paid-in capital (3,950) (4,001)
Total MiX Telematics Limited stockholders’ equity 104,787 126,692
Non-controlling interest 5 5
Total stockholders’ equity 104,792 126,697
Total liabilities and stockholders’ equity $ 165,782 $ 180,554