Natural Health Trends Corp. (NHTC) financial statements (2022 and earlier)

Company profile

Business Address UNITS 1205-07, 12F, MIRA PLACE TOWER A
HONG KONG, 00000
State of Incorp. DE
Fiscal Year End December 31
SIC 519 - Miscellaneous Non-durable Goods (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments83,84392,36796,035132,653135,311125,921104,914
Cash and cash equivalents83,84392,36796,035132,653135,311125,921104,914
Receivables      57
Inventory, net of allowances, customer advances and progress billings5,2573,7796,40412,1658,39811,25710,455
Inventory5,2573,7796,40412,1658,39811,25710,455
Other current assets4,3693,5955,9365,3697,5344,0662,286
Total current assets:93,46999,741108,375150,187151,243141,244117,712
Noncurrent Assets
Operating lease, right-of-use asset3,0213,7453,135
Property, plant and equipment4635397359341,1491,388894
Intangible assets, net (including goodwill)   1,7641,7641,7641,764
Goodwill   1,7641,7641,7641,764
Restricted cash and investments5225253,3902,9983,1672,9633,166
Deferred income tax assets3097312,039
Other noncurrent assets571661823831796692616
Deferred tax assets, net 1,435  
Other undisclosed noncurrent assets   1,207   
Total noncurrent assets:4,8866,20110,1227,7348,3116,8076,440
TOTAL ASSETS:98,355105,942118,497157,921159,554148,051124,152
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,0393,9834,86918,47118,79826,96033,939
Accounts payable7615806801,6311,7512,1452,862
Accrued liabilities1,9331,9222,93112,50211,17013,61119,634
Employee-related liabilities  1,2584,0515,56810,54111,064
Taxes payable1,3451,481 287309663379
Deferred revenue8,5363,0914,506
Debt  1,655    
Deferred revenue and credits19,60724,11320,425
Deferred tax liabilities   60
Contract with customer, liability6,795
Other liabilities8651,2701,2051,1371,4791,6331,510
Other undisclosed current liabilities11,21613,16214,06716,6812,0374,4485,639
Total current liabilities:24,65621,50626,30243,08441,92157,15461,573
Noncurrent Liabilities
Long-term debt and lease obligation1,9282,7751,564    
Operating lease, liability1,9282,7751,564
Liabilities, other than long-term debt12,28313,96415,56724,79027,0128,4585,770
Accounts payable and accrued liabilities12,13013,74815,36516,98219,052  
Deferred compensation liability, classified   7,8087,9048,1905,770
Deferred tax liabilities, net 56268 
Deferred income tax liabilities153216202
Other undisclosed noncurrent liabilities   186   
Total noncurrent liabilities:14,21116,73917,13124,97627,0128,4585,770
Total liabilities:38,86738,24543,43368,06068,93365,61267,343
Stockholders' equity
Stockholders' equity attributable to parent59,48867,69775,06489,86190,62182,43956,809
Common stock13131313131313
Treasury stock, value(25,904)(25,904)(25,904)(39,748)(40,570)(41,889)(19,419)
Additional paid in capital86,10286,10286,10286,41586,68386,57485,963
Accumulated other comprehensive loss(492)(336)(1,264)(1,250)(413)(807)(101)
Retained earnings (accumulated deficit)(231)7,82216,11744,43144,90838,548(9,647)
Total stockholders' equity:59,48867,69775,06489,86190,62182,43956,809
TOTAL LIABILITIES AND EQUITY:98,355105,942118,497157,921159,554148,051124,152

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues60,00562,07177,614191,910197,563287,728264,860
Revenue, net197,563287,728264,860
Cost of revenue
(Cost of Goods and Services Sold)
(15,010)(16,990)(20,104)(39,367)(38,645)(54,903)(54,098)
Gross profit:44,99545,08157,510152,543158,918232,825210,762
Operating expenses(43,424)(44,412)(64,533)(118,811)(115,859)(168,689)(162,885)
Operating income (loss):1,571669(7,023)33,73243,05964,13647,877
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(61)8211,426789367(59)(84)
Income (loss) from continuing operations before income taxes:1,5101,490(5,597)34,52143,42664,07747,793
Income tax expense(425)(647)(14)(3,486)(19,848)(8,991)(552)
Net income (loss) available to common stockholders, diluted:1,085843(5,611)31,03523,57855,08647,241

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):1,085843(5,611)31,03523,57855,08647,241
Comprehensive income (loss):1,085843(5,611)31,03523,57855,08647,241
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(156)928(14)(837)394(706)(163)
Comprehensive income (loss), net of tax, attributable to parent:9291,771(5,625)30,19823,97254,38047,078

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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