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CONDENSED CONSOLIDATED BALANCE SHEETS (IN THOUSANDS, EXCEPT NUMBER OF SHARES) - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 3,710 $ 4,863
Short-term deposits 5,222 4,144
Trade accounts receivable, less allowance for doubtful accounts of $268 and $263, respectively 7,520 7,113
Other receivables 756 817
Inventories, less provision for obsolete inventory of $669 and $673, respectively 1,688 2,427
Prepaid expenses and other current assets 346 287
Assets held for sale 88 89
Total current assets 19,330 19,740
NON-CURRENT ASSETS    
Deferred tax assets 383 390
Investment properties, net 736 782
Property, plant and equipment, net 11,787 12,159
Operating lease right-of-use assets 614 0
Other assets 1,594 1,750
Restricted term deposits 1,674 1,706
Total non-current assets 16,788 16,787
TOTAL ASSETS 36,118 36,527
CURRENT LIABILITIES:    
Lines of credit 0 187
Accounts payable 3,170 3,272
Accrued expenses 3,374 3,486
Income taxes payable 333 417
Current portion of bank loans payable 360 488
Current portion of finance leases 206 283
Current portion of operating leases 362 0
Total current liabilities 7,805 8,133
NON-CURRENT LIABILITIES:    
Bank loans payable, net of current portion 2,259 2,292
Finance Leases, net of current portion 479 442
Operating leases, net of current portion 219 0
Deferred tax liabilities 321 327
Income taxes payable 430 439
Other non-current liabilities 36 33
Total non-current liabilities 3,744 3,533
TOTAL LIABILITIES 11,549 11,666
TRIO-TECH INTERNATIONAL'S SHAREHOLDERS' EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 3,673,055 shares issued and outstanding as at September 30 and June 30, 2019, respectively 11,424 11,424
Paid-in capital 3,313 3,305
Accumulated retained earnings 7,343 7,070
Accumulated other comprehensive gain-translation adjustments 1,285 1,867
Total Trio-Tech International shareholders' equity 23,365 23,666
Non-controlling interest 1,204 1,195
TOTAL EQUITY 24,569 24,861
TOTAL LIABILITIES AND EQUITY $ 36,118 $ 36,527