Schmitt Industries Inc (SMIT)
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Fiscal Year End Date: 05/31
(Values in U.S. thousands)
| 05-1997 | 05-1996 | 05-1995 | |
| Assets | |||
| Current Assets | |||
| Cash & Cash Equivalents | 500 | 500 | N/A |
| Marketable Securities | 160 | 140 | N/A |
| Receivables | 2,720 | 1,410 | N/A |
| Inventories | 2,480 | 1,780 | N/A |
| Other current assets | 180 | 620 | 0 |
| TOTAL | $6,040 | $4,450 | $N/A |
| Non-Current Assets | |||
| PPE Net | 1,700 | 1,480 | N/A |
| Other Non-Current Assets | 760 | 70 | 0 |
| TOTAL | $2,460 | $1,550 | $N/A |
| Total Assets | $8,510 | $6,010 | $N/A |
| Liabilities | |||
| Current Liabilities | |||
| Short Term Debt | 20 | 40 | N/A |
| Accounts payable and accrued liabilities | 530 | 340 | 0 |
| Accrued Expenses | 300 | 240 | N/A |
| TOTAL | $930 | $920 | $N/A |
| Non-Current Liabilities | |||
| Long Term Debt | 150 | 170 | N/A |
| TOTAL | $150 | $190 | $N/A |
| Total Liabilities | $1,080 | $1,120 | $N/A |
| Shareholders' Equity | |||
| Common Shares | 4,950 | 4,090 | N/A |
| Retained earnings | 2,510 | 780 | N/A |
| Other shareholders' equity | -40 | 10 | 0 |
| TOTAL | $7,420 | $4,880 | $N/A |
| Total Liabilities And Equity | $8,500 | $6,000 | $0 |