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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 8,333 $ 7,583
Short-term deposits 5,946 6,627
Trade accounts receivable, less allowance for doubtful accounts of $212 and $217, respectively 10,973 9,804
Other receivables 1,671 939
Inventories, less provision for obsolete inventories of $648 and $648, respectively 4,023 2,151
Prepaid expenses and other current assets 660 694
Assets held for sale 0 274
Financed sales receivable 11 16
Restricted term deposits 737 739
Total current assets 32,354 28,827
NON-CURRENT ASSETS:    
Deferred tax assets 152 100
Investment properties, net 458 474
Property, plant and equipment, net 7,290 8,344
Operating lease right-of-use assets 2,563 2,609
Other assets 163 116
Restricted term deposits 1,719 1,716
Total non-current assets 12,345 13,359
TOTAL ASSETS 44,699 42,186
Bank loans payable, net of current portion 809 877
Finance leases, net of current portion 24 42
Operating leases, net of current portion 1,372 1,511
Income taxes payable, net of current portion 142 255
Deferred tax liabilities 7 10
Other non-current liabilities 227 594
Total non-current liabilities 2,581 3,289
TOTAL LIABILITIES 15,044 12,615
CURRENT LIABILITIES:    
Lines of credit 297 0
Accounts payable 2,556 1,660
Accrued expenses 7,507 5,568
Income taxes payable 393 418
Current portion of bank loans payable 423 475
Current portion of finance leases 97 107
Current portion of operating leases 1,190 1,098
Total current liabilities 12,463 9,326
TRIO-TECH INTERNATIONAL’S SHAREHOLDERS’ EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 4,096,680 shares issued outstanding as at September 30 and June 30, 2023 12,819 12,819
Paid-in capital 5,126 5,066
Accumulated retained earnings 10,993 10,763
Accumulated other comprehensive income-translation adjustments 554 758
Total Trio-Tech International shareholders’ equity 29,492 29,406
Non-controlling interest 163 165
TOTAL EQUITY 29,655 29,571
TOTAL LIABILITIES AND EQUITY $ 44,699 $ 42,186