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CONDENSED CONSOLIDATED BALANCE SHEETS (IN THOUSANDS, EXCEPT NUMBER OF SHARES) - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 4,849 $ 4,150
Short-term deposits 6,678 6,697
Trade accounts receivable, less allowance for doubtful accounts of $318 and $314, respectively 5,745 5,951
Other receivables 905 998
Inventories, less provision for obsolete inventories of $692 and $678, respectively 1,872 1,922
Prepaid expenses and other current assets 417 482
Total current assets 20,466 20,200
NON-CURRENT ASSETS    
Deferred tax asset 276 247
Investment properties, net 699 690
Property, plant and equipment, net 10,135 10,310
Operating lease right-of-use assets 819 944
Other assets 1,738 1,609
Restricted term deposits 1,695 1,660
Total non-current assets 15,362 15,460
Total assets 35,828 35,660
CURRENT LIABILITIES:    
Lines of credit 0 172
Accounts payable 2,024 2,590
Accrued expenses 3,549 3,005
Income taxes payable 360 344
Current portion of bank loans payable 425 370
Current portion of finance leases 224 231
Current portion of operating leases 425 477
Current portion of PPP loan 121 54
Total current liabilities 7,128 7,243
NON-CURRENT LIABILITIES:    
Bank loans payable, net of current portion 1,956 1,836
Finance leases, net of current portion 394 435
Operating leases, net of current portion 394 467
Income taxes payable 385 430
PPP loan, net of current portion 0 67
Other non-current liabilities 33 36
Total non-current liabilities 3,162 3,271
Total liabilities 10,290 10,514
TRIO-TECH INTERNATIONAL'S SHAREHOLDERS' EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 3,685,555 shares issued outstanding as at September 30, 2020 and 3,673,055 shares as at June 30, 2020, respectively 11,458 11,424
Paid-in capital 3,369 3,363
Accumulated retained earnings 8,028 8,036
Accumulated other comprehensive gain-translation adjustments 1,747 1,143
Total Trio-Tech International shareholders' equity 24,602 23,966
Non-controlling interest 936 1,180
Total equity 25,538 25,146
Total liabilities and equity $ 35,828 $ 35,660