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CONSOLIDATED BALANCE SHEETS - USD ($)
Jul. 31, 2015
Oct. 31, 2014
CURRENT ASSETS:    
Cash $ 3,315,177 $ 3,782,639
Accounts receivable, net of allowances of $144,000 for 2015 and 2014 11,995,756 15,419,860
Inventories 12,444,317 15,210,153
Prepaid green coffee 1,014,911 467,155
Prepaid expenses and other current assets 289,151 260,112
Prepaid and refundable income taxes 1,434,577 759
Deferred income tax asset 1,442,747 343,657
TOTAL CURRENT ASSETS 31,936,636 35,484,335
Machinery and equipment, at cost, net of accumulated depreciation of $4,106,177 and $3,704,802 for 2015 and 2014, respectively 1,939,477 1,991,094
Customer list and relationships, net of accumulated amortization of $39,375 and $33,750 for 2015 and 2014, respectively 110,625 116,250
Trademarks 180,000 180,000
Goodwill 440,000 440,000
Equity method investments 97,242 97,404
Deposits and other assets 605,478 643,549
TOTAL ASSETS 35,309,458 38,952,632
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 5,600,015 8,693,100
Line of credit 4,268,458 2,498,458
Due to broker 476,661 484,924
Income taxes payable 0 331,051
TOTAL CURRENT LIABILITIES 10,345,134 12,007,533
Deferred income tax liabilities 114,747 165,157
Deferred rent payable 218,951 209,640
Deferred compensation payable 477,478 515,549
TOTAL LIABILITIES 11,156,310 12,897,879
STOCKHOLDERS EQUITY:    
Preferred stock, par value $.001 per share; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, par value $.001 per share; 30,000,000 shares authorized, 6,456,316 shares issued; 6,215,894 shares outstanding for periods ended July 31, 2015 and 2014, respectively 6,456 6,456
Additional paid-in capital 15,904,109 15,904,109
Retained earnings 9,237,571 11,079,168
Less: Treasury stock, 240,422 common shares, at cost for 2015 and 2014 (1,267,862) (1,267,862)
Total Coffee Holding Co., Inc. Stockholders Equity 23,880,274 25,721,871
Noncontrolling interest 272,874 332,882
TOTAL EQUITY 24,153,148 26,054,753
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY $ 35,309,458 $ 38,952,632