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Condensed Consolidated Balance Sheets - USD ($)
Jul. 31, 2018
Oct. 31, 2017
CURRENT ASSETS:    
Cash $ 5,080,021 $ 2,325,650
Accounts receivable, net of allowances of $144,000 for 2018 and 2017 8,610,384 13,441,802
Inventories 15,210,573 16,310,572
Prepaid green coffee 171,350
Prepaid expenses and other current assets 707,332 593,825
Prepaid and refundable income taxes 293,966 472,814
TOTAL CURRENT ASSETS 29,902,276 33,316,013
Machinery and equipment, at cost, net of accumulated depreciation of $6,079,588 and $5,557,899 for 2018 and 2017, respectively 2,667,203 2,439,338
Customer list and relationships, net of accumulated amortization of $95,125 and $72,250 for 2018 and 2017, respectively 344,875 367,750
Trademarks 820,000 820,000
Other intangible assets 331,124 331,124
Non-compete 150,000
Goodwill 2,794,265 1,794,265
Equity method investments 90,284 94,643
Deferred income tax asset 569,250 339,748
Deposits and other assets 527,303 497,529
TOTAL ASSETS 38,196,580 40,000,410
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,732,107 4,430,626
Line of credit 7,148,762 8,407,527
Due to broker 528,038 210,862
Note payable 150,000
Income taxes payable 7,235 1,346
TOTAL CURRENT LIABILITIES 10,566,142 13,050,361
Deferred income tax liabilities 862,932 629,680
Deferred rent payable 241,702 240,379
Deferred compensation payable 518,303 488,529
TOTAL LIABILITIES 12,189,079 14,408,949
Coffee Holding Co., Inc. stockholders' equity:    
Preferred stock, par value $.001 per share; 10,000,000 shares authorized; no shares issued and outstanding
Common stock, par value $.001 per share; 30,000,000 shares authorized, 6,494,680 shares issued; 5,620,767 and 5,805,935 shares outstanding as of July 31, 2018 and October 31, 2017, respectively 6,494 6,494
Additional paid-in capital 16,104,075 16,104,075
Retained earnings 13,303,416 12,345,490
Less: Treasury stock, 873,913 and 688,745 common shares, at cost as of July 31, 2018 and October 31, 2017, respectively (4,398,877) (3,504,510)
Total Coffee Holding Co., Inc. Stockholders' Equity 25,015,108 24,951,549
Noncontrolling interest 992,393 639,912
TOTAL EQUITY 26,007,501 25,591,461
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 38,196,580 $ 40,000,410