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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2022
Jun. 30, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 6,379 $ 7,698
Short-term deposits 4,995 5,420
Trade accounts receivable, less allowance for doubtful accounts of $220 and $243, respectively 13,332 11,592
Other receivables 728 998
Inventories, less provision for obsolete inventories of $649 and $674, respectively 3,219 2,258
Prepaid expenses and other current assets 610 1,215
Financed sales receivable 21 21
Restricted term deposit 747 0
Total current assets 30,031 29,202
NON-CURRENT ASSETS:    
Deferred tax assets 93 169
Investment properties, net 533 585
Property, plant and equipment, net 11,070 8,481
Operating lease right-of-use assets 2,580 3,152
Other assets 141 137
Financed sales receivable 6 17
Restricted term deposits 1,742 1,678
Total non-current assets 16,165 14,219
TOTAL ASSETS 46,196 43,421
Bank loans payable, net of current portion 1,185 1,272
Finance leases, net of current portion 69 119
Operating leases, net of current portion 1,440 1,934
Income taxes payable, net of current portion 255 137
Deferred tax liabilities 15 0
Other non-current liabilities 1,172 28
Total non-current liabilities 4,136 3,490
TOTAL LIABILITIES 16,223 15,419
CURRENT LIABILITIES:    
Lines of credit 0 929
Accounts payable 3,067 2,401
Accrued expenses 6,807 6,004
Income taxes payable 461 787
Current portion of bank loans payable 511 472
Current portion of finance leases 101 118
Current portion of operating leases 1,140 1,218
Total current liabilities 12,087 11,929
TRIO-TECH INTERNATIONAL’S SHAREHOLDERS’ EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 4,076,680 and 4,071,680 shares issued outstanding as at December 31 and June 30, 2022, respectively 12,769 12,750
Paid-in capital 4,762 4,708
Accumulated retained earnings 10,608 9,219
Accumulated other comprehensive income-translation adjustments 1,494 1,197
Total Trio-Tech International shareholders’ equity 29,633 27,874
Non-controlling interest 340 128
TOTAL EQUITY 29,973 28,002
TOTAL LIABILITIES AND EQUITY $ 46,196 $ 43,421