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Condensed Consolidated Balance Sheets - USD ($)
Jul. 31, 2019
Oct. 31, 2018
CURRENT ASSETS:    
Cash $ 2,568,780 $ 4,611,384
Accounts receivable, net of allowances of $144,000 for 2019 and 2018 8,492,642 9,914,297
Inventories 17,702,156 15,271,106
Prepaid expenses and other current assets 686,359 578,861
Prepaid and refundable income taxes 288,639 383,206
TOTAL CURRENT ASSETS 29,738,576 30,758,854
Machinery and equipment, at cost, net of accumulated depreciation of $6,753,814 and $6,251,828 for 2019 and 2018, respectively 2,416,457 2,350,208
Customer list and relationships, net of accumulated amortization of $139,522 and $108,875 for 2019 and 2018, respectively 545,478 576,125
Trademarks and tradenames 1,488,000 1,488,000
Other intangible assets 331,124 331,124
Non-compete, net of accumulated amortization of $24,750 and $9,900 for 2019 and 2018, respectively 74,250 89,100
Goodwill 2,157,661 2,157,661
Equity method investments 87,085 89,776
Deferred income tax asset 446,823 440,325
Deposits and other assets 462,050 552,904
TOTAL ASSETS 37,747,504 38,834,077
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 3,627,521 4,833,548
Line of credit 5,767,640 6,260,014
Due to broker 96,704 22,046
Note payable   70,255
Income taxes payable 200 1,505
TOTAL CURRENT LIABILITIES 9,492,065 11,187,368
Deferred income tax liabilities 844,532 882,022
Deferred rent payable 205,992 242,143
Deferred compensation payable 435,987 532,726
TOTAL LIABILITIES 10,978,576 12,844,259
Coffee Holding Co., Inc. stockholders' equity:    
Preferred stock, par value $.001 per share; 10,000,000 shares authorized; no shares issued and outstanding
Common stock, par value $.001 per share; 30,000,000 shares authorized, 6,494,680 shares issued; 5,569,349 shares outstanding as of July 31 2019 and October 31, 2018 6,494 6,494
Additional paid-in capital 16,332,943 16,104,075
Retained earnings 13,592,508 13,404,767
Less: Treasury stock, 925,331 common shares, at cost as of July 31, 2019 and October 31, 2018 (4,633,560) (4,633,560)
Total Coffee Holding Co., Inc. Stockholders' Equity 25,298,385 24,881,776
Noncontrolling interest 1,470,543 1,108,042
TOTAL EQUITY 26,768,928 25,989,818
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 37,747,504 $ 38,834,077