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    Schmitt Industries, Inc. (SMIT)

    -NasdaqCM
    2.84 0.00(0.00%) Jan 29, 1:11PM EST
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    Balance SheetGet Balance Sheet for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingMay 31, 2014May 31, 2013May 31, 2012
    Assets
    Current Assets
    Cash And Cash Equivalents1,511  1,909  2,777  
    Short Term Investments -   -   -  
    Net Receivables2,237  2,029  2,502  
    Inventory4,790  5,054  3,976  
    Other Current Assets152  219  186  
    Total Current Assets 8,689   9,211   9,441  
    Long Term Investments -   -   -  
    Property Plant and Equipment1,192  1,335  1,372  
    Goodwill -   -   -  
    Intangible Assets944  1,078  1,213  
    Accumulated Amortization -   -   -  
    Other Assets -   -   -  
    Deferred Long Term Asset Charges -   -   -  
    Total Assets 10,824   11,625   12,026  
    Liabilities
    Current Liabilities
    Accounts Payable1,211  1,609  1,535  
    Short/Current Long Term Debt -   -   -  
    Other Current Liabilities -   -   -  
    Total Current Liabilities 1,211   1,609   1,535  
    Long Term Debt -   -   -  
    Other Liabilities -   -   -  
    Deferred Long Term Liability Charges -   -   -  
    Minority Interest -   -   -  
    Negative Goodwill -   -   -  
    Total Liabilities 1,211   1,609   1,542  
    Stockholders' Equity
    Misc Stocks Options Warrants -   -   -  
    Redeemable Preferred Stock -   -   -  
    Preferred Stock -   -   -  
    Common Stock10,439  10,370  10,280  
    Retained Earnings(562)(22)517  
    Treasury Stock -   -   -  
    Capital Surplus -   -   -  
    Other Stockholder Equity(263)(332)(313)
    Total Stockholder Equity 9,613   10,015   10,484  
    Net Tangible Assets 8,670   8,937   9,271  

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    Currency in USD.