Balance Sheet

Current Liabilities	11.3m
Accounts Payable	2.5m
Accrued Liabilities	5.9m
Short-Term Debt	500k
Other Current Liabilities	2.4m
Non-Current Liabilities	29.2m
Long-Term Debt	10.1m
Other Non-Current Liabilities	19m

Currency: USD

	Oct-2014	Oct-2015	Oct-2016	Oct-2017	Oct-2018	Oct-2019	Oct-2020	Oct-2021	Oct-2022	Oct-2023
Assets
Cash & Cash Equivalents	15	8	5	5	16	13	16	13	5	5
Cash Equivalents	15	8	5	5	16	13	16	13	5	5
Total Receivables	2	4	4	3	4	12	6	14	15	10
Accounts Receivables	2	4	4	3	4	12	6	14	15	10
Other Receivables	0	0	0	0	0	0	0	0	0	0
Inventory	5	7	6	6	7	8	9	11	21	19
Other Current Assets	1	1	1	3	1	1	1	3	6	2
Total Current Assets	23	20	17	17	29	34	31	41	46	36
PP&E Net	1	1	1	1	1	1	2	2	17	21
PP&E Gross	1	1	1	1	1	1	2	2	17	21
Accumulated Depreciation	3	3	3	3	3	4	4	4	5	6
Intangible Assets	2	6	5	2	2	2	4	4	16	15
Goodwill	3	6	3	1	1	1	2	2	8	8
Note Receivable	0	0	0	0	0	0	0	0	0	0
Other Long-Term Assets	0	0	0	4	0	0	1	0	2	3
Other Assets	3	6	3	1	1	1	2	2	8	8
Total Assets	29 N/A	32 +11%	26 -20%	25 -3%	33 +30%	38 +16%	41 +8%	50 +22%	90 +80%	82 -8%
Liabilities
Accounts Payable	1	1	1	1	1	2	1	4	6	11
Accrued Liabilities	1	3	2	2	3	4	3	6	11	6
Short-Term Debt	0	0	0	0	0	0	0	0	0	1
Current Portion of Long-Term Debt	0	0	0	0	0	0	2	0	2	2
Other Current Liabilities	0	0	1	1	0	0	0	0	1	0
Total Current Liabilities	2	4	4	4	5	6	7	9	20	13
Long-Term Debt	0	0	0	0	0	0	1	0	13	11
Deferred Income Tax	1	1	0	0	0	0	0	0	0	0
Other Liabilities	0	0	0	0	0	0	1	1	15	19
Total Liabilities	3 N/A	6 +85%	4 -24%	4 -16%	5 +27%	6 +31%	9 +42%	10 +15%	48 +375%	43 -11%
Equity
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	9	7	2	2	7	9	9	15	17	14
Additional Paid In Capital	17	19	19	20	21	22	23	24	25	26
Total Equity	26 N/A	26 +2%	21 -19%	21 0%	28 +30%	32 +13%	32 +2%	40 +24%	42 +6%	40 -5%
Total Liabilities & Equity	29 N/A	32 +11%	26 -20%	25 -3%	33 +30%	38 +16%	41 +8%	50 +22%	90 +80%	82 -8%
Shares Outstanding
Common Shares Outstanding	8	9	9	9	9	9	10	10	10	10

RF Industries Ltd
NASDAQ:RFIL