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CONDENSED CONSOLIDATED BALANCE SHEETS (IN THOUSANDS, EXCEPT NUMBER OF SHARES) - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 4,743 $ 4,863
Short-term deposits 6,888 4,144
Trade accounts receivable, less allowance for doubtful accounts of $306 and $263, respectively 6,937 7,113
Other receivables 752 817
Inventories, less provision for obsolete inventory of $680 and $673, respectively 2,182 2,427
Prepaid expenses and other current assets 330 287
Assets held for sale 0 89
Total current assets 21,832 19,740
NON-CURRENT ASSETS    
Deferred tax assets 421 390
Investment properties, net 734 782
Property, plant and equipment, net 11,651 12,159
Operating lease right-of-use assets 475 0
Other assets 1,626 1,750
Restricted term deposits 1,716 1,706
Total non-current assets 16,623 16,787
TOTAL ASSETS 38,455 36,527
CURRENT LIABILITIES:    
Lines of credit 810 187
Accounts payable 3,565 3,272
Accrued expenses 3,176 3,486
Income taxes payable 395 417
Current portion of bank loans payable 422 488
Current portion of finance leases 286 283
Current portion of operating leases 343 0
Total current liabilities 8,997 8,133
NON-CURRENT LIABILITIES:    
Bank loans payable, net of current portion 2,127 2,292
Finance leases, net of current portion 570 442
Operating leases, net of current portion 134 0
Deferred tax liabilities 315 327
Income taxes payable 430 439
Other non-current liabilities 37 33
Total non-current liabilities 3,613 3,533
TOTAL LIABILITIES 12,610 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 December 31 and June 30, 2019, respectively 11,424 11,424
Paid-in capital 3,319 3,305
Accumulated retained earnings 7,769 7,070
Accumulated other comprehensive gain-translation adjustments 1,818 1,867
Total Trio-Tech International shareholders' equity 24,330 23,666
Non-controlling interest 1,515 1,195
TOTAL EQUITY 25,845 24,861
TOTAL LIABILITIES AND EQUITY $ 38,455 $ 36,527