TX Holdings Inc (TXHG) financial statements (2020 and earlier)

Company profile

Business Address P. O. BOX 1425
ASHLAND, KY 41105
State of Incorp. GA
Fiscal Year End September 30
SIC 5084 - Industrial Machinery and Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments17374036273175
Cash and cash equivalents17374036273175
Receivables275260458245595513436
Inventory, net of allowances, customer advances and progress billings1,482  (275)  1,850
Inventory1,482  (275)  1,850
Other current assets2130284523
Other undisclosed current assets 1,7991,7132,1502,2712,7634
Total current assets:1,7762,0962,2142,1232,9563,3932,488
Noncurrent Assets
Inventory, Noncurrent350  300300  
Property, plant and equipment15404757677343
Long-term investments and receivables   20202127
Accounts and financing receivable, after allowance for credit loss   20202127
Other noncurrent assets  111 0
Total noncurrent assets:36540473773879471
TOTAL ASSETS:2,1412,1362,2622,5013,3433,4872,559
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,2101,4061,5631,4561,6431,6611,582
Accounts payable3215306556259471,055692
Accrued liabilities329417548831697606890
Interest and dividends payable560460360    
Debt6959606662712549249
Due to related parties 843419912543 
Other liabilities5      
Other undisclosed current liabilities38592    500
Total current liabilities:1,6701,6422,2032,3172,4802,2522,330
Noncurrent Liabilities
Long-term debt and lease obligation425490     
Long-term debt, excluding current maturities425490     
Liabilities, other than long-term debt2,0002,0002,0002,0002,0002,000 
Due to related parties2,0002,0002,0002,0002,0002,000 
Other undisclosed noncurrent liabilities      1,352
Total noncurrent liabilities:2,4252,4902,0002,0002,0002,0001,352
Total liabilities:4,0954,1324,2034,3174,4804,2523,682
Stockholders' equity
Stockholders' equity attributable to parent, including:(1,954)(1,996)(1,941)(1,816)(1,138)(765)(1,123)
Common stock9,2949,2949,2949,294   
Additional paid in capital4,3214,3214,3214,3214,3214,3214,304
Accumulated deficit(15,569)(15,611)(15,556)(15,431)(14,753)(14,380)(14,722)
Other undisclosed stockholders' equity attributable to parent    9,2949,2949,294
Total stockholders' equity:(1,954)(1,996)(1,941)(1,816)(1,138)(765)(1,123)
TOTAL LIABILITIES AND EQUITY:2,1412,1362,2622,5013,3433,4872,559

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

9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
Revenues3,9353,8403,0072,1283,1064,2864,895
Revenue, net3,0072,1283,1064,2864,895
Cost of revenue
(Cost of Goods and Services Sold)
(3,314)(3,185)(2,273)(1,849)(2,533)(3,215)(3,331)
Other undisclosed gross profit    6365 
Gross profit:6216557332796361,1361,564
Operating expenses(552)(597)(743)(837)(898)(1,173)(1,163)
Operating income (loss):6958(10)(558)(262)(37)400
Nonoperating income (expense)(26)16(115)(120)(110)379(73)
Other nonoperating income1121611916  
Interest and debt expense(131)(129)(126)(129)(126)(6)(59)
Income (loss) from continuing operations before equity method investments, income taxes:(89)(55)(250)(808)(498)335268
Other undisclosed income from continuing operations before income taxes    126659
Income (loss) from continuing operations before income taxes:(89)(55)(250)(808)(373)341327
Income tax expense     (122)(135)
Net income (loss):(89)(55)(250)(808)(373)219192
Other undisclosed net income attributable to parent131 126129 122135
Net income (loss) available to common stockholders, diluted:42(55)(125)(679)(373)341327

Comprehensive Income ($ in thousands)

9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
Net income (loss):(89)(55)(250)(808)(373)219192
Comprehensive income (loss), net of tax, attributable to parent:(89)(55)(250)(808)(373)219192

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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