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Condensed Consolidated Balance Sheets - USD ($)
Apr. 30, 2019
Oct. 31, 2018
CURRENT ASSETS:    
Cash $ 3,163,494 $ 4,611,384
Accounts receivable, net of allowances of $144,000 for 2019 and 2018 8,741,240 9,914,297
Inventories 16,414,475 15,271,106
Prepaid expenses and other current assets 510,335 578,861
Prepaid and refundable income taxes 230,515 383,206
TOTAL CURRENT ASSETS 29,060,059 30,758,854
Machinery and equipment, at cost, net of accumulated depreciation of $6,582,909 and $6,251,828 for 2019 and 2018, respectively 2,305,849 2,350,208
Customer list and relationships, net of accumulated amortization of $128,834 and $108,875 for 2019 and 2018, respectively 556,166 576,125
Trademarks and tradenames 1,488,000 1,488,000
Other intangible assets 331,124 331,124
Non-compete, net of accumulated amortization of $19,800 and $9,900 for 2019 and 2018, respectively 79,200 89,100
Goodwill 2,157,661 2,157,661
Equity method investments 89,698 89,776
Deferred income tax asset 520,273 440,325
Deposits and other assets 664,089 552,904
TOTAL ASSETS 37,252,119 38,834,077
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,896,135 4,833,548
Line of credit 5,767,540 6,260,014
Due to broker 626,434 22,046
Note payable 70,255
Income taxes payable 15,114 1,505
TOTAL CURRENT LIABILITIES 9,305,223 11,187,368
Deferred income tax liabilities 847,932 882,022
Deferred rent payable 218,042 242,143
Deferred compensation payable 474,997 532,726
TOTAL LIABILITIES 10,846,194 12,844,259
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; 5,569,349 shares outstanding as of April 30 2019 and October 31, 2018 6,494 6,494
Additional paid-in capital 16,129,075 16,104,075
Retained earnings 13,481,014 13,404,767
Less: Treasury stock, 925,331 common shares, at cost as of April 30, 2019 and October 31, 2018 (4,633,560) (4,633,560)
Total Coffee Holding Co., Inc. Stockholders' Equity 24,983,023 24,881,776
Noncontrolling interest 1,422,902 1,108,042
TOTAL EQUITY 26,405,925 25,989,818
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 37,252,119 $ 38,834,077