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LINES OF CREDIT
6 Months Ended
Dec. 31, 2017
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, 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%   —     $4,636   $3,368 
Trio-Tech (Malaysia) Sdn. Bhd.   Lines of Credit   Ranging from 6.3% to 6.7%   —     $776   $776 
Trio-Tech (Tianjin) Co., Ltd.   Lines of Credit    Ranging from 4.9% to 6.3%   —     $923   $2 

  

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 3.96% to 7.5%   —     $4,496   $2,815 
Trio-Tech (Malaysia) Sdn. Bhd.   Lines of Credit   Ranging from 6.3% to 6.7%   —     $734   $734 
Trio-Tech (Tianjin) Co., Ltd.   Lines of Credit    5.22%   —     $885   $10