COFFEE HOLDING CO INC JVA Balance Sheet

Coffee holding co inc (JVA)

Balance Sheet / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Oct'10
- ASSETS -
CURRENT ASSETS:
Cash
2,751	2,402	2,568	3,163	4,797	4,611	5,080	3,232	3,321	2,325	2,687	3,466	2,836	3,227	1,830	3,198	5,927	3,853	3,315	3,614	3,519	3,782	3,389	6,421	4,532	4,035	3,483	7,615	8,271	7,568	1,373	2,432	7,362	4,244	3,772	1,672
Accounts receivable, net of allowances of $144,000 for 2020 and 2019
8,610	9,421	8,492	8,741	9,207	9,914	8,610	13,931	14,638	13,441	10,418	11,077	11,202	13,517	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commodities held at broker
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	275
Accounts receivable, net of allowances of $144,000 for 2016 and 2015
-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,819	11,318	11,271	10,968	11,995	13,156	21,295	15,419	13,364	11,286	10,037	12,362	12,255	10,726	10,223	12,633	13,587	9,634	17,959	16,021	13,107	8,852
Inventories
18,055	18,841	17,702	16,414	15,398	15,271	15,210	16,345	15,077	16,310	15,663	15,800	14,483	14,276	12,737	12,333	11,880	13,862	12,444	12,673	13,562	15,210	12,961	10,207	8,966	9,373	9,659	8,751	10,241	11,303	11,198	11,993	11,978	13,475	13,125	8,190
Prepaid expenses and other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	518	273	245	256	289	177	268	260	685	588	429	336	404	659	650	704	188	207	231	275	264	502
Prepaid and refundable income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	503	931	1,176	1,434	1,434	1,388	135	0	798	26	592	1,000	1,923	465	52	62	202	501	110	377	81	9
Due from broker
-	101	-	-	-	-	-	642	-	-	778	0	173	134	107	205	-	0	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid green coffee
-	-	-	-	-	-	0	112	105	171	280	389	506	435	562	344	573	620	1,014	121	218	467	524	100	620	439	428	459	205	150	201	50	236	388	1,167	1,335
Prepaid expenses and other current assets
613	587	686	510	550	578	707	350	502	593	621	473	456	535	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid and refundable income taxes
247	385	288	230	172	383	293	447	342	472	797	118	284	481	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax asset
-	-	-	-	-	-	-	-	-	-	0	463	116	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refund receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	613	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	85	53	376	997	1,442	1,438	819	343	19	21	906	1,330	513	621	477	702	233	365	254	896	555	55
TOTAL CURRENT ASSETS
30,278	31,739	29,738	29,060	30,127	30,758	29,902	35,061	33,988	33,316	31,248	31,790	30,060	32,691	32,163	28,657	32,064	31,993	31,936	32,574	39,820	35,484	31,743	28,652	26,085	28,878	28,668	29,299	30,122	33,124	26,985	25,184	38,133	35,680	32,073	20,894
Machinery and equipment, at cost, net of accumulated depreciation of $7,104,068 and $6,931,913 for 2020 and 2019, respectively
2,340	2,413	2,416	2,305	2,321	2,350	2,667	2,831	2,418	2,439	2,526	2,519	2,348	2,269	2,126	1,839	1,926	1,845	1,939	2,062	1,885	1,991	2,028	1,935	2,037	2,060	2,030	2,030	1,744	1,791	1,851	1,630	1,605	1,661	1,662	1,560
Customer list and relationships, net of accumulated amortization of $162,315 and $151,627 for 2020 and 2019, respectively
522	533	545	556	566	576	344	-	-	367	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer list and relationships, net of accumulated amortization of $87,500 and $72,250 for 2018 and 2017, respectively
-	-	-	-	-	-	-	352	360	-	375	383	216	219	223	105	106	108	110	112	114	116	118	120	121	123	125	127	129	131	133	135	136	138	140	146
Trademarks and tradenames
1,488	1,488	1,488	1,488	1,488	1,488	820	820	820	820	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180
Non-compete, net of accumulated amortization of $34,650 and $29,700 for 2020 and 2019, respectively
64	69	-	-	-	89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other intangible assets
-	-	331	331	331	-	331	331	331	331	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-compete, net of accumulated amortization of $24,750 and $9,900 for 2019 and 2018, respectively
-	-	74	79	84	-	150	150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
2,488	2,488	2,157	2,157	2,157	2,488	2,794	2,548	1,548	1,794	2,377	2,377	1,017	1,017	1,017	440	440	440	440	440	440	440	440	440	440	440	440	440	440	440	440	440	440	440	440	440
Equity method investments
84	86	87	89	89	89	90	90	89	94	95	95	96	95	95	96	96	96	97	97	98	97	97	98	97	98	98	98	99	1,931	2,072	1,968	-	0	-	-
Deferred income tax asset
649	480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right of Use Asset
2,405	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax asset
-	-	446	520	521	440	569	13	179	339	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	-	-	-	-	-	-	-	-
Deferred income tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	7	-	68	-
Deposits and other assets
382	387	462	664	636	552	527	522	537	497	535	582	554	549	593	601	580	610	605	653	631	643	618	618	618	618	623	628	648	648	645	683	883	677	750	699
TOTAL ASSETS
40,704	39,686	37,747	37,252	38,323	38,834	38,196	42,722	40,273	40,000	37,338	37,929	34,473	37,023	36,400	31,921	35,394	35,274	35,309	36,121	43,169	38,952	35,225	32,043	29,582	32,399	32,167	32,814	33,363	38,247	32,308	30,224	41,386	38,778	35,315	23,921
- LIABILITIES AND STOCKHOLDERS' EQUITY -
CURRENT LIABILITIES:
Accounts payable and accrued expenses
3,707	4,344	3,627	2,896	3,805	4,833	2,732	2,917	3,794	4,430	3,254	3,390	3,302	4,062	2,539	3,271	5,178	4,021	5,600	5,477	8,420	8,693	5,988	6,278	5,240	7,244	5,055	6,753	6,260	11,769	6,163	5,950	15,161	12,379	10,899	7,124
Line of credit
5,867	7,167	5,767	5,767	5,767	6,260	7,148	12,207	9,407	8,407	7,406	7,393	4,758	6,958	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Note payable- current portion
4	-	-	-	70	70	150	150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liability - current portion
483	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax liabilities
-	-	-	-	-	-	-	-	-	-	60	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,258	2,654	4,154	5,554	4,268	5,771	5,498	2,498	3,500	0	0	1,229	3,300	0	953	562	1,379	137	1,795	1,820	6,712	2,306
Due to broker
884	-	96	626	565	22	528	0	94	210	-	600	-	0	0	0	482	483	476	0	1,846	484	44	0	0	984	1,050	1,336	913	1,367	166	570	290	1,867	879	0
Income taxes payable
0	0	0	15	19	1	7	0	2	1	0	26	2	1	0	0	0	0	0	0	474	331	0	216	0	0	-	0	96	21	0	-	-	0	-	-
Income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	36	-	-	234
TOTAL CURRENT LIABILITIES
10,948	11,511	9,492	9,305	10,228	11,187	10,566	15,275	13,300	13,050	10,722	11,411	8,063	11,021	9,798	5,926	9,815	10,059	10,345	11,248	16,240	12,007	9,533	6,494	5,240	9,458	9,405	8,090	8,223	13,720	7,709	6,658	17,283	16,067	19,120	9,706
Deferred income tax liabilities
828	872	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax liabilities
-	-	844	847	847	882	862	366	297	629	203	209	166	167	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	70	20	106	92	114	116	150	165	145	127	135	145	72	0	9	32	0	0	0	35	0	17
Deferred rent payable
-	193	205	218	230	242	241	241	240	240	238	235	233	231	228	226	224	222	218	215	212	209	206	203	200	195	178	174	170	166	161	156	151	146	141	124
Lease liability
2,104	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Note payable - long term
22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred compensation payable
373	378	435	474	527	532	518	513	528	488	509	500	499	489	497	489	452	482	477	525	503	515	515	515	515	515	515	515	530	528	521	-	-	538	-	-
Deferred compensation payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	554	569	-	-	540
Deferred compensation payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	606	-
TOTAL LIABILITIES
14,277	12,956	10,978	10,846	11,834	12,844	12,189	16,396	14,366	14,408	11,672	12,357	8,963	11,910	10,594	6,663	10,598	10,856	11,156	12,106	17,106	12,897	10,400	7,341	6,092	10,314	10,172	8,780	8,934	14,448	8,393	7,370	18,005	16,788	19,868	10,389
Income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	629	-
Commitments and Contingencies
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	41
Common stock subject to possible redemption, at $200,004; 38,364 shares issued and outstanding at redemption value as of July 31, 2017 and October 31, 2016
-	-	-	-	-	-	-	-	-	-	200	200	200	200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
STOCKHOLDERS' EQUITY:
Coffee Holding Co., Inc. stockholders' equity:
Preferred stock, par value $.001 per share; 10,000,000 shares authorized; none issued
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, par value $.001 per share; 30,000,000 shares authorized, 6,494,680 shares issued; 5,569,349 shares outstanding for 2020 and 2019
6	6	6	6	6	6	6	6	5	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	5	5
Additional paid-in capital
16,829	16,580	16,332	16,129	16,104	16,104	16,104	16,103	16,104	16,104	15,904	15,904	15,904	15,904	16,104	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,904	15,884	15,884	15,884	7,581	7,581
Contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	19	19	19	39	39
Retained earnings
12,710	13,310	13,592	13,481	13,719	13,404	13,303	13,287	12,776	12,345	12,288	12,255	12,254	11,878	11,691	10,936	10,105	9,665	9,237	9,098	11,150	11,079	9,503	8,744	7,483	6,111	6,024	8,133	8,529	7,979	8,126	7,089	7,652	6,268	8,047	6,151
Less: Treasury stock, 925,331 common shares, at cost for 2020 and 2019
4,633	4,633	4,633	4,633	4,633	4,633	4,398	3,942	3,768	3,504	3,265	3,265	3,249	3,249	2,334	1,881	1,494	1,494	1,267	1,267	1,267	1,267	932	272	272	272	272	272	272	272	272	272	272	272	-295	295
Total Coffee Holding Co., Inc. Stockholders' Equity
24,912	25,264	25,298	24,983	25,196	24,881	25,015	25,454	25,118	24,951	25,133	24,900	24,914	24,539	25,467	24,965	24,521	24,081	23,880	23,741	25,793	25,721	24,481	24,383	23,121	21,750	21,663	23,772	24,167	23,617	23,764	22,727	23,291	21,906	15,378	13,482
Noncontrolling interest
1,515	1,466	1,470	1,422	1,293	1,108	992	871	789	639	532	471	395	374	337	291	274	336	272	273	269	332	343	319	368	334	330	261	261	181	150	126	90	83	68	49
TOTAL EQUITY
26,427	26,730	26,768	26,405	26,489	25,989	26,007	26,326	25,907	25,591	25,665	25,372	25,310	24,913	25,805	25,257	24,795	24,418	24,153	24,014	26,063	26,054	24,825	24,702	23,489	22,084	21,994	24,034	24,428	23,799	23,915	22,854	23,381	21,989	15,447	13,531
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
40,704	39,686	37,747	37,252	38,323	38,834	38,196	42,722	40,273	40,000	37,338	37,929	34,473	37,023	36,400	31,921	35,394	35,274	35,309	36,121	43,169	38,952	35,225	32,043	29,582	32,399	32,167	32,814	33,363	38,247	32,308	30,224	41,386	38,778	35,315	23,921