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Audited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 7,698 $ 5,836
Short-term deposits 5,420 6,651
Trade account receivables, less allowance for doubtful accounts of $243 and $311 as of June 30, 2022 and 2021, respectively 11,592 8,293
Other receivables 998 662
Inventories, less provision for obsolete inventories of $674 and $679 as of June 30, 2022 and 2021, respectively 2,258 2,080
Prepaid expense and other current assets 1,215 418
Financed sales receivable 21 19
Total current assets 29,202 23,959
NON-CURRENT ASSETS:    
Deferred tax assets 169 217
Investment properties, net 585 681
Property, plant and equipment, net 8,481 9,531
Operating lease right-of-use assets 3,152 1,876
Other assets 137 262
Financed sales receivable 17 39
Restricted term deposits 1,678 1,741
Total non-current assets 14,219 14,347
TOTAL ASSETS 43,421 38,306
Bank loans payable, net of current portion 1,272 1,621
Finance leases, net of current portion 119 253
Operating leases, net of current portion 1,934 1,204
Income taxes payable 137 385
Other non-current liabilities 28 31
Total non-current liabilities 3,490 3,494
TOTAL LIABILITIES 15,419 12,253
CURRENT LIABILITIES:    
Lines of credit 929 72
Accounts payable 2,401 3,702
Accrued expense 6,004 3,363
Income taxes payable 787 314
Current portion of bank loans payable 472 439
Current portion of finance leases 118 197
Current portion of operating leases 1,218 672
Total current liabilities 11,929 8,759
TRIO-TECH INTERNATIONAL’S SHAREHOLDERS' EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 4,071,680 and 3,913,055 shares issued and outstanding as of June 30, 2022 and 2021, respectively 12,750 12,178
Paid-in capital 4,708 4,233
Accumulated retained earnings 9,219 6,824
Accumulated other comprehensive gain-translation adjustments 1,197 2,399
Total Trio-Tech International shareholders' equity 27,874 25,634
Non-controlling interest 128 419
TOTAL EQUITY 28,002 26,053
TOTAL LIABILITIES AND EQUITY $ 43,421 $ 38,306