XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Jun. 30, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 9,428 $ 7,698
Short-term deposits 2,829 5,420
Trade accounts receivable, less allowance for doubtful accounts of $215 and $243, respectively 12,491 11,592
Other receivables 942 998
Inventories, less provision for obsolete inventories of $625 and $674, respectively 3,548 2,258
Prepaid expenses and other current assets 631 1,215
Financed sales receivable 20 21
Total current assets 29,889 29,202
NON-CURRENT ASSETS:    
Deferred tax assets 173 169
Investment properties, net 533 585
Property, plant and equipment, net 8,687 8,481
Operating lease right-of-use assets 2,759 3,152
Other assets 121 137
Financed sales receivable 11 17
Restricted term deposits 1,632 1,678
Total non-current assets 13,916 14,219
TOTAL ASSETS 43,805 43,421
Bank loans payable, net of current portion 1,251 1,272
Finance leases, net of current portion 91 119
Operating leases, net of current portion 1,629 1,934
Income taxes payable, net of current portion 137 137
Deferred tax liabilities 30 0
Other non-current liabilities 26 28
Total non-current liabilities 3,164 3,490
TOTAL LIABILITIES 15,987 15,419
CURRENT LIABILITIES:    
Lines of credit 482 929
Accounts payable 3,469 2,401
Accrued expenses 6,179 6,004
Income taxes payable 968 787
Current portion of bank loans payable 491 472
Current portion of finance leases 104 118
Current portion of operating leases 1,130 1,218
Total current liabilities 12,823 11,929
TRIO-TECH INTERNATIONAL’S SHAREHOLDERS’ EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 4,076,680 and 4,071,680 shares issued outstanding as at September 30 and June 30, 2022 12,769 12,750
Paid-in capital 4,740 4,708
Accumulated retained earnings 10,101 9,219
Accumulated other comprehensive income-translation adjustments 1 1,197
Total Trio-Tech International shareholders’ equity 27,611 27,874
Non-controlling interest 207 128
TOTAL EQUITY 27,818 28,002
TOTAL LIABILITIES AND EQUITY $ 43,805 $ 43,421