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Schmitt Industries Inc. (SMIT)

At 1:29PM ET: 3.50   0.01 (0.29%)

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View: Annual Data | Quarterly Data All numbers in thousands PERIOD ENDING 31-May-09 31-May-08 31-May-07 Assets Current Assets Cash And Cash Equivalents 4,174   3,020   1,513   Short Term Investments -   2,500   3,965   Net Receivables 1,441   1,750   1,599   Inventory 3,867   3,910   3,690   Other Current Assets 171   101   71   Total Current Assets 9,653   11,281   10,839   Long Term Investments -   -   -   Property Plant and Equipment 1,428   1,452   1,226   Goodwill -   -   -   Intangible Assets 1,543   -   -   Accumulated Amortization -   -   -   Other Assets -   2,800   374   Deferred Long Term Asset Charges -   194   33   Total Assets 12,624   15,727   12,471   Liabilities Current Liabilities Accounts Payable 906   1,400   1,106   Short/Current Long Term Debt -   -   -   Other Current Liabilities -   -   -   Total Current Liabilities 906   1,400   1,106   Long Term Debt -   -   -   Other Liabilities -   571   -   Deferred Long Term Liability Charges -   -   -   Minority Interest -   -   -   Negative Goodwill -   -   -   Total Liabilities 906   1,971   1,106   Stockholders' Equity Misc Stocks Options Warrants -   -   -   Redeemable Preferred Stock -   -   -   Preferred Stock -   -   -   Common Stock 9,546   9,370   8,114   Retained Earnings 2,356   4,510   3,372   Treasury Stock -   -   -   Capital Surplus -   -   -   Other Stockholder Equity (184) (124) (122) Total Stockholder Equity 11,718   13,756   11,365   Net Tangible Assets $10,176   $13,756   $11,365

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