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LINES OF CREDIT
3 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
LINES OF CREDIT

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 September 30, 2016, the Company had certain lines of credit that are collateralized by restricted deposits.

 

 Entity with Facility                   Type of Facility  Interest Rate  Expiration Date  Credit Limitation  Unused Credit
Trio-Tech International Pte. Ltd., Singapore   Lines of Credit    Ranging from 1.6% to 5.5%   —     $5,675   $4,444 
                        
Trio-Tech (Malaysia) Sdn. Bhd   Lines of Credit    Ranging from 6.3% to 6.7%   —     $759   $759 
                        
 Trio-Tech (Tianjin) Co., Ltd.     Lines of Credit    Ranging from 4.9% to 6.3%   —     $749   $449 

 

 

As of June 30, 2016, the Company had certain lines of credit that are collateralized by restricted deposits.

 

Entity with Facility  Type of Facility  Interest Rate  Expiration Date  Credit Limitation  Unused Credit
Trio-Tech International Pte. Ltd., Singapore   Lines of Credit    Ranging from 1.6% to 5.5%   —     $5,745   $3,856 
                        
Trio-Tech (Malaysia) Sdn. Bhd.   Lines of Credit    Ranging from 6.3% to 6.7%   —     $783   $783 
                        
Trio-Tech (Tianjin) Co., Ltd.     Lines of Credit    Ranging from 4.9% to 6.3%   —     $1,204   $602