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Schmitt Industries Inc (SMIT) Quarterly Balance Sheets

Quarterly · GAAP · USD millions
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Quarterly balance sheet trends provide context on Schmitt Industries Inc's liquidity, leverage, and long-term financial structure.
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Quarterly Report, GAAP in USD millions
ITEM 		(May 31 2022)
(Feb 28 2022) (Nov 30 2021) (Aug 31 2021) (May 31 2021)
Assets
Cash & cash equivalent1.05
Deposit Assets0.56
Cash & Short-term Investments1.00
Accounts receivable0.75
Income Taxes Receivable, Current NO0.00
Inventories1.44
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment DI0.67
Prepaid Expense, Current AS0.09
Total Current Assets4.01
Equipment/Property/Plant Net14.28
Intangible Assets0.13
Disposal Group, Including Discontinued Operation, Assets, Noncurrent AS0.48
Other Assets, Noncurrent3.38
Total Assets22.84
Liabilities
Accounts Payable, Current AC0.84
Accrued Liabilities, Current AC0.43
Debt, Current LI0.50
Other Liabilities, Current4.05
Total Current Liabilities5.83
Long-term debt2.50
Total Long-term Debt2.50
Discontinued Operation, Noncurrent0.19
Other liabilities, Noncurrent13.72
Contract With Customer Liability Current0.12
Operating Lease Liability Current1.47
Long Term Leashold Liabilities13.91
Total Liabilities22.23
Stockholders' Equity
Common Stock Value12.34
Retained Earnings / Accumulated Deficit-11.74
Other Equity0.00
Common Stockholder's Equity0.61
Total Stockholder's Equity0.61
Liabilities & Stockholder's Equity22.84
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About Schmitt Industries Inc Quarterly Balance Sheet

What this statement shows

This page presents issuer-reported balance sheet data, detailing assets, liabilities, and stockholders equity as reported in SEC filings and standardized by CSIMarket. The balance sheet reflects the company's financial position at the end of each reporting period.

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings - XBRL extraction - balance-sheet normalization in the CSIMarket.com financial database.
  • Accession: 0001193805-22-001403

Balance sheet figures represent financial position at specific reporting dates and may be revised in subsequent filings.