XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2021
Jun. 30, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 7,526 $ 5,836
Short-term deposits 4,997 6,651
Trade accounts receivable, less allowance for doubtful accounts of $252 and $311, respectively 9,839 8,293
Other receivables 2,387 662
Inventories, less provision for obsolete inventories of $703 and $679, respectively 2,572 2,080
Prepaid expenses and other current assets 511 418
Financed sales receivable 21 19
Total current assets 27,853 23,959
NONCURRENT ASSETS:    
Deferred tax assets 169 217
Investment properties, net 653 681
Property, plant and equipment, net 9,267 9,531
Operating lease right-of-use assets 2,699 1,876
Other assets 147 262
Restricted term deposits 1,735 1,741
Financed sales receivable 29 39
Total noncurrent assets 14,699 14,347
TOTAL ASSETS 42,552 38,306
Bank loans payable, net of current portion 1,386 1,621
Finance leases, net of current portion 178 253
Operating leases, net of current portion 1,857 1,204
Income taxes payable 281 385
Deferred tax liabilities 15 0
Other noncurrent liabilities 29 31
Total noncurrent liabilities 3,746 3,494
TOTAL LIABILITIES 14,732 12,253
CURRENT LIABILITIES:    
Lines of credit 477 72
Accounts payable 3,961 3,702
Accrued expenses 4,744 3,363
Income taxes payable 351 314
Current portion of bank loans payable gross 445 439
Current portion of finance leases 163 197
Current portion of operating leases 845 672
Total current liabilities 10,986 8,759
TRIO-TECH INTERNATIONAL’S SHAREHOLDERS' EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 3,939,180 shares issued outstanding as at December 31, 2021 and 3,913,055 shares as at June 30, 2021, respectively 12,178 12,178
Paid-in capital 4,373 4,233
Accumulated retained earnings 8,596 6,824
Accumulated other comprehensive income-translation adjustments 2,367 2,399
Total Trio-Tech International shareholders equity 27,514 25,634
Noncontrolling interest 306 419
TOTAL EQUITY 27,820 26,053
TOTAL LIABILITIES AND EQUITY $ 42,552 $ 38,306