R f industries ltd (RFIL)
Balance Sheet / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Oct'10
ASSETS
CURRENT ASSETS
Cash and cash equivalents

14,390

12,540

13,312

13,856

14,016

16,334

11,591

8,489

5,880

5,208

5,498

4,317

4,354

5,258

4,649

5,021

5,766

7,595

7,908

10,393

10,922

14,718

14,237

13,416

12,777

11,881

10,782

8,486

6,948

5,492

5,630

3,812

1,596

1,760

1,169

4,728

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300

-

-

-

-

-

-

-

-

-

-

-

-

66

-

-

Certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

748

3,094

4,094

4,574

4,577

Trade accounts receivable, net of allowance for doubtful accounts of $39 and $23, respectively

5,745

12,190

9,926

7,938

5,633

4,255

5,888

11,745

5,397

2,903

3,793

4,471

3,692

4,077

4,314

4,015

3,865

3,980

3,915

4,162

3,414

2,428

2,589

2,691

2,521

3,160

3,542

4,990

5,778

5,167

3,140

3,107

2,888

2,605

2,868

2,557

Inventories

8,390

8,245

8,086

7,932

8,169

7,113

6,854

7,075

6,797

5,543

6,482

6,690

6,554

6,022

6,492

6,810

7,020

6,928

7,263

5,551

5,964

5,259

5,612

5,574

6,030

5,924

7,310

7,311

6,737

6,984

6,756

6,448

6,281

6,189

6,295

4,607

Other current assets

721

685

757

736

781

828

854

565

755

506

730

1,459

1,543

1,436

1,525

1,412

1,341

728

1,041

612

904

618

610

687

960

1,587

505

646

949

640

594

513

750

511

865

448

Current assets held for sale

-

-

-

-

-

-

-

-

-

2,633

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

249

549

572

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

426

426

427

426

416

416

416

416

322

322

322

495

761

761

760

761

610

610

610

610

613

613

TOTAL CURRENT ASSETS

29,246

33,660

32,081

30,462

28,599

28,530

25,187

27,874

18,829

16,793

16,503

16,937

16,143

16,793

17,406

17,684

18,419

19,657

20,543

21,134

21,920

23,439

23,370

22,690

22,610

23,047

22,900

22,194

21,176

19,044

16,731

15,491

15,772

16,413

16,454

17,533

Property and equipment
Land and building ($1,548,100 of collateral for VIE obligations at October 31, 2011)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,548

1,538

-

Equipment and tooling

3,650

3,602

3,503

3,412

3,261

3,210

3,451

3,381

3,324

3,088

3,228

3,212

3,206

3,203

3,234

3,307

3,250

3,215

3,153

2,813

2,910

2,610

2,564

2,547

2,508

2,500

2,408

2,385

2,369

2,349

2,291

3,163

3,128

2,938

2,968

2,434

Furniture and office equipment

1,060

998

988

850

844

822

824

837

837

802

818

816

802

799

789

789

786

936

970

845

1,005

777

790

771

761

759

741

682

677

655

615

795

575

575

556

508

Property, Plant and Equipment, Gross

4,710

4,600

4,491

4,262

4,105

4,032

4,275

4,218

4,161

3,890

4,046

4,028

4,008

4,002

4,023

4,096

4,036

4,151

4,123

3,658

3,915

3,387

3,354

3,318

3,269

3,259

3,149

3,067

1,142

3,004

2,906

3,958

3,704

5,062

5,062

2,942

Less accumulated depreciation

3,843

3,761

3,685

3,613

3,541

3,473

3,669

3,607

3,535

3,325

3,381

3,314

3,247

3,174

3,085

3,289

3,207

3,230

3,161

2,744

2,996

2,558

2,471

2,390

2,300

2,206

2,116

2,010

1,904

1,800

1,700

2,710

2,624

2,619

2,633

2,412

Total property and equipment, net

867

839

806

649

564

559

606

611

626

565

665

714

761

828

938

807

829

921

962

914

919

829

883

928

969

1,053

1,033

1,057

3,047

1,204

1,205

1,247

1,079

2,442

2,429

530

Operating lease right of use assets, net

2,024

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

2,753

1,340

1,340

1,340

1,340

1,340

3,219

3,219

3,219

1,340

3,219

3,219

3,219

3,219

5,913

5,913

5,913

5,913

5,913

5,387

5,387

3,076

3,076

3,076

3,076

3,076

3,076

3,076

3,076

3,076

3,076

3,076

3,076

3,076

2,642

-

Amortizable intangible assets, net

3,700

1,092

1,161

1,229

1,298

1,367

2,615

2,753

2,891

1,642

3,177

3,324

3,472

3,619

3,766

3,924

4,096

4,268

4,440

2,335

2,438

1,187

1,241

1,297

1,352

1,407

1,462

1,517

1,572

1,627

1,682

1,737

1,792

1,866

2,449

-

Non-amortizable intangible assets

1,174

657

657

657

657

657

1,237

1,237

1,237

657

1,237

1,237

1,237

1,237

1,387

1,387

1,387

1,387

1,387

950

950

410

410

410

410

410

410

410

410

410

410

-

-

410

-

-

Non-amortizable intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

410

410

-

430

-

Note receivable from stockholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

67

67

67

67

67

67

67

67

67

67

67

67

66

67

66

66

66

66

66

66

Long-term investments in certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,695

946

Other assets

68

112

68

68

49

49

49

49

49

70

90

107

121

141

155

175

205

39

38

21

21

21

21

21

23

30

30

32

34

35

32

32

32

102

103

32

Noncurrent assets held for sale

-

-

-

-

-

-

-

-

-

3,993

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL ASSETS

39,832

37,700

36,113

34,405

32,507

32,502

32,913

35,743

26,851

25,060

24,891

25,538

24,953

25,837

29,565

29,890

30,916

32,252

33,350

30,808

31,702

29,029

29,068

28,489

28,507

29,090

28,978

28,353

27,478

25,463

23,204

22,061

22,229

24,377

26,271

19,109

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable

1,220

2,406

2,430

1,580

1,744

1,342

1,842

5,936

2,101

1,036

1,224

1,910

1,373

1,138

1,172

1,094

1,649

1,493

1,979

1,422

1,489

867

697

307

589

792

933

682

1,056

1,429

1,182

1,001

1,273

521

384

537

Accrued expenses

3,311

3,653

2,956

3,078

2,059

3,377

3,490

3,985

2,697

1,791

2,133

2,176

2,009

2,770

2,540

2,166

2,269

2,868

2,882

1,652

2,629

1,422

1,475

1,154

1,178

1,761

1,929

2,225

2,361

2,102

1,690

1,289

1,192

1,579

1,597

1,217

Current liabilities held for sale

-

-

-

-

-

-

-

-

-

771

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

73

12

52

51

51

51

51

-

0

-

-

-

-

-

-

Customer deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50

-

-

-

-

1,394

-

-

Current portion of long-term liabilities ($38,090 recourse limited to VIE creditors)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

-

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,141

-

Income taxes payable

0

21

-

-

-

0

-

507

96

-

-

-

-

-

-

-

-

-

0

242

0

-

-

-

-

0

103

8

332

610

138

-

-

0

-

123

Other current liabilities

933

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL CURRENT LIABILITIES

5,464

6,080

5,386

4,658

3,803

4,719

5,332

10,428

4,894

3,598

3,357

4,086

3,382

3,908

3,712

3,260

3,918

4,361

4,861

3,316

4,118

2,362

2,184

1,513

1,818

2,604

3,016

2,966

3,800

4,141

3,011

2,291

2,466

3,494

4,161

1,879

Deferred tax liabilities

18

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

1,191

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

-

11

-

186

129

104

119

433

433

433

409

1,143

1,143

1,143

1,143

1,299

811

811

811

950

950

950

950

1,077

1,077

1,077

1,077

1,072

1,072

1,072

1,072

1,199

18

Other long-term liabilities

1,215

87

91

87

-

0

-

-

-

-

0

20

88

128

161

377

377

377

946

318

318

0

-

-

-

-

0

5

5

15

25

115

125

132

1,506

297

TOTAL LIABILITIES

7,888

6,167

5,477

4,745

3,814

4,719

5,518

10,557

4,998

3,717

3,790

4,539

3,903

4,445

5,016

4,780

5,438

5,881

7,106

4,445

5,247

3,173

3,134

2,463

2,768

3,554

4,093

4,048

4,882

5,233

4,109

3,479

3,663

4,699

6,867

2,195

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

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

0

STOCKHOLDERS' EQUITY
Common stock - authorized 20,000,000 shares of $0.01 par value; 9,745,135 and 9,462,267 shares issued and outstanding at January 31, 2020 and October 31, 2019, respectively

98

95

94

94

94

93

93

92

90

89

89

88

88

88

88

88

87

87

86

85

85

83

83

82

82

81

79

78

74

70

68

68

69

71

70

58

Additional paid-in capital

22,524

21,949

21,647

21,522

21,429

20,974

20,857

20,196

19,885

19,654

19,540

19,454

19,407

19,379

19,334

19,121

19,200

19,129

18,664

18,395

18,340

17,230

16,828

16,715

16,330

16,049

14,866

14,658

13,585

12,007

11,682

11,561

11,472

11,382

10,981

6,996

Retained earnings

9,322

9,489

8,895

8,044

7,170

6,716

6,445

4,898

1,878

1,600

1,472

1,457

1,555

1,925

5,127

5,901

6,191

7,155

7,494

7,883

8,030

8,543

9,023

9,229

9,327

9,406

9,940

9,569

8,935

8,153

7,343

6,951

7,024

8,010

8,134

9,858

TOTAL STOCKHOLDERS' EQUITY

31,944

31,533

30,636

29,660

28,693

27,783

27,395

25,186

21,853

21,343

21,101

20,999

21,050

21,392

24,549

25,110

25,478

26,371

-

-

-

-

-

-

-

-

-

-

-

-

19,094

18,581

18,566

19,464

19,187

16,913

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

213

217

-

TOTAL STOCKHOLDERS' EQUITY

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,244

26,363

26,455

25,856

25,934

26,026

25,739

25,536

24,885

24,305

22,595

20,230

19,094

18,581

18,566

19,678

19,404

16,913

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

39,832

37,700

36,113

34,405

32,507

32,502

32,913

35,743

26,851

25,060

24,891

25,538

24,953

25,837

29,565

29,890

30,916

32,252

33,350

30,808

31,702

29,029

29,068

28,489

28,507

29,090

28,978

28,353

27,478

25,463

23,204

22,061

22,229

24,377

26,271

19,109