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LINES OF CREDIT
6 Months Ended
Dec. 31, 2016
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 December 31, 2016, 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%     -     $ 4,626       3,495  
Trio-Tech (Malaysia) Sdn. Bhd. Lines of Credit Ranging from 6.3% to 6.7%     -     $ 702       702  
Trio-Tech (Tianjin) Co., Ltd. Lines of Credit Ranging from 4.9% to 6.3%     -     $ 720       432  

 

As of June 30, 2016, 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%     -     $ 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