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LINES OF CREDIT
9 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
LINES OF CREDIT

The carrying value of the Company’s lines of credit approximates its fair value because the interest rates associated with the lines of credit are adjustable in accordance with market situations when the Company borrowed funds with similar terms and remaining maturities.

 

As of March 31, 2018, the Company had certain lines of credit that are collateralized by restricted deposits.

 

Entity with Type of Interest   Expiration     Credit     Unused  
Facility Facility Rate   Date     Limitation     Credit  

 Trio-Tech International Pte. Ltd., Singapore

 

Lines of Credit

 

Ranging from 1.8% to 5.5%

    -     $ 4,730     $ 4,390  
Trio-Tech (Malaysia) Sdn. Bhd. Lines of Credit

 Ranging from 3.6% to 5%

    -     $ 816     $ 816  
Trio-Tech (Tianjin) Co., Ltd. 

 Lines of Credit

Ranging from 4.9% to 6.3%      -     $ 1,589     $ 618  

 

 

As of June 30, 2017, the Company had certain lines of credit that are collateralized by restricted deposits.

 

Entity with Type of   Interest     Expiration     Credit     Unused  
Facility Facility   Rate     Date     Limitation     Credit  

 Trio-Tech International Pte. Ltd., Singapore

 

Lines of Credit

 

 Ranging from 1.6% to 5.5%

      -     $ 4,496     $ 2,815  

Trio-Tech (Malaysia) Sdn. Bhd.

 

Lines of Credit 

 

 Ranging from 3.6% to 5%

      -     $ 734     $ 734  
Trio-Tech (Tianjin) Co., Ltd.

 Lines of Credit

    5.22%     -     $ 885     $  10