XML 22 R18.htm IDEA: XBRL DOCUMENT
v3.20.2

LINES OF CREDIT | 12 Months Ended
--- | ---
Jun. 30, 2020
Line of Credit Facility [Abstract] |
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. The Company’s credit rating provides it with readily and adequate access to funds in global markets. As of June 30, 2020, the Company had certain lines of credit that are collateralized by restricted deposits.
Entity with |  | Type of |  | Interest |  | Expiration |  | Credit |  | Unused
|  | Facility |  | Rate |  | Date |  | Limitation |  | Credit
Trio-Tech International Pte. Ltd., Singapore |  | Lines of Credit |  | Ranging from 1.85% to 5.5%, SIBOR rate +1.25% and LIBOR rate +1.30% |  |  | — |  |  | $ | 4,806 |  |  | $ | 4,806 |
Universal (Far East) Pte. Ltd. |  | Lines of Credit |  | Ranging from 1.85% to 5.5% |  |  | — |  |  | $ | 359 |  |  | $ | 187 |
Trio-Tech Malaysia Sdn. Bhd. |  | Revolving Credit |  | Cost of Funds Rate +2% |  |  | — |  |  | $ | 350 |  |  | $ | 350 |
On November 18, 2019, Trio-Tech International Pte. Ltd. signed an agreement with JECC Leasing (Singapore) Pte. Ltd. for an Account Receivables Financing facility for SGD 1,000, or approximately $742 based on the market exchange rate. Interest is charged at LIBOR rate +1.3% for USD financing and SIBOR rate +1.25% for SGD financing. The financing facility was set up to facilitate the working capital in our operations in Singapore. The Company started to use this facility in the second quarter of fiscal year 2020. As of June 30, 2019, the Company had certain lines of credit that are collateralized by restricted deposits.
Entity with |  | Type of |  | Interest |  | Expiration |  | Credit |  | Unused
|  | Facility |  | Rate |  | Date |  | Limitation |  | Credit
Trio-Tech International Pte. Ltd., Singapore |  | Lines of Credit |  | Ranging from 1.85% to 5.5% |  |  | — |  |  | $ | 4,213 |  |  | $ | 4,213 |
Trio-Tech (Tianjin) Co., Ltd. |  | Lines of Credit |  | 5.22% to 6.3% |  |  | — |  |  | $ | 1,492 |  |  | $ | 1,492 |
Universal (Far East) Pte. Ltd. |  | Lines of Credit |  | Ranging from 1.85% to 5.5% |  |  | — |  |  | $ | 370 |  |  | $ | 183 |
Trio-Tech Malaysia Sdn. Bhd. |  | Revolving Credit |  | Cost of Funds Rate +2% |  |  | — |  |  | $ | 363 |  |  | $ | 363 |

X
- Definition Custom Element + References No definition available. + Details
Name: | TRT_LineOfCreditTextBlock
Namespace Prefix: | TRT_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration