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Note 9 - Lines of Credit | 9 Months Ended
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Mar. 31, 2024
Notes to Financial Statements |
Line of Credit [Text Block] |
9. | 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 ready and adequate access to funds in global markets. As of March 31, 2024, the Company had certain lines of credit that are collateralized by restricted deposits.
Entity with |  | Type of |  | Interest |  | Credit |  |  | Unused |
Facility |  | Facility |  | Rate |  | Limitation |  |  | Credit |
Trio-Tech International Pte. Ltd., Singapore |  | Lines of Credit |  | Cost of Funds Rate +1.25% |  | $ | 3,928 |  |  | $ | 3,649 |
Universal (Far East) Pte. Ltd. |  | Lines of Credit |  | Cost of Funds Rate +1.25% |  | $ | 1,853 |  |  | $ | 1,828 |
Trio-Tech Malaysia Sdn. Bhd. |  | Revolving credit |  | Cost of Funds Rate +2% |  | $ | 317 |  |  | $ | 317 |
As of June 30, 2023, the Company had certain lines of credit that are collateralized by restricted deposits.
Entity with |  | Type of |  | Interest |  | Credit |  |  | Unused |
Facility |  | Facility |  | Rate |  | Limitation |  |  | Credit |
Trio-Tech International Pte. Ltd., Singapore |  | Lines of Credit |  | Cost of Funds Rate +1.25% to +1.3% |  | $ | 3,907 |  |  | $ | 3,701 |
Universal (Far East) Pte. Ltd. |  | Lines of Credit |  | Cost of Funds Rate +1.25% to +1.3% |  | $ | 1,843 |  |  | $ | 1,559 |
Trio-Tech Malaysia Sdn. Bhd. |  | Revolving credit |  | Cost of Funds Rate +2% |  | $ | 319 |  |  | $ | 319 |

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- Definition Detail disclosure of line of credit. + References No definition available. + Details
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Balance Type: | na
Period Type: | duration