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LINES OF CREDIT
 9 Months Ended
Mar. 31, 2021
Line of Credit Facility [Abstract]  
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.

 

The Company’s credit rating provides it with readily and adequate access to funds in global markets.

 

As of March 31, 2021, 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 1.85% to 5.5%,

SIBOR rate +1.25%

and LIBOR rate +1.30%

     -     $ 4,230     $ 4,230                    
Universal (Far East) Pte. Ltd. Lines of Credit   Ranging from 1.85% to 5.5%     -     $ 1,113      $ 929                     
 Trio-Tech Malaysia Sdn. Bhd. Revolving Credit    Cost of Funds Rate +2%      -     $ 361      $ 361                     

  

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     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