NETSOL Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Debts - Components of Notes Payable and Capital Leases (Details) (Parenthetical)

v3.5.0.2

Debts - Components of Notes Payable and Capital Leases (Details) (Parenthetical)	1 Months Ended			12 Months Ended
	Mar. 31, 2014 USD ($)	Oct. 31, 2011 USD ($)	Oct. 31, 2011 GBP (£)	Jun. 30, 2016 USD ($)	Jun. 30, 2015 USD ($)	Jun. 30, 2016 GBP (£)	Jun. 30, 2016 INR (₨)	Mar. 31, 2014 GBP (£)	Oct. 31, 2011 GBP (£)
Capital Lease Arrangements [Member]
Lease arrangement expiration				years through 2018
NTE [Member]
Percentage of debt service cost				150.00%
GBP [Member] \| NTE [Member]
Tangible adjusted net \| £						£ 600,000
HSBC Bank [Member] \| NTE [Member]
Business acquisition, percentage of voting interests acquired		51.00%							51.00%
Line of credit facility, maximum borrowing capacity		$ 1,333,333
Debt instrument, term		5 years	5 years
Line of credit facility, periodic payment		$ 24,560
Line of credit variable interest rate		4.00%	4.00%
Interest expense				$ 12,846	$ 47,255
HSBC Bank [Member] \| NTE [Member] \| GBP [Member]
Line of credit facility, maximum borrowing capacity \| £									£ 1,000,000
Line of credit facility, periodic payment \| £			£ 18,420
Debt instrument, base rate		3.50%	3.50%
Asakari Bank Limited [Member] \| NetSol PK [Member]
Interest expense				148,475	$ 146,264
Line of credit				$ 3,792,907
Debt instrument, interest rate				4.50%	7.50%	4.50%	4.50%
Long term debt covenant description				long term debt equity ratio of 60:40 and the current ratio of 1:1.
Asakari Bank Limited [Member] \| NetSol PK [Member] \| INR [Member]
Line of credit \| ₨							₨ 400,000,000
Investec [Member] \| VLS [Member]
Debt instrument, term	2 years
Line of credit	$ 200,000
Debt instrument, interest rate	3.13%							3.13%
Debt instrument annual payment	$ 100,000
Investec [Member] \| VLS [Member] \| GBP [Member]
Line of credit \| £								£ 150,000
Debt instrument annual payment \| £								£ 75,000
Directors' and Officers And Errors and Omissions Liability Insurance [Member]
Line of credit facility interest rate				0.49%	0.49%	0.49%	0.49%

- Definition

The minimum percentage of debt service coverage to aggregate debt service cost.

+ References

No definition available.

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- Definition

Percentage of voting equity interests acquired at the acquisition date in the business combination.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
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- Definition

Amount of the total principal payments made during the annual reporting period.

+ References

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- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

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- Definition

Description of minimum financial levels (for example, tangible net worth and working capital) and achievement of certain financial ratios (for example, working capital ratio and debt service coverage ratio), and adherence to certain clauses which generally require or restrict certain actions (for example, entering into a debt arrangement with equal or greater seniority, and selling or discontinuing a certain business segment or material subsidiary) to be in compliance with the covenant clauses of the debt agreement. May also include a discussion of the adverse consequences that would result if the entity violates or fails to satisfy the covenants.

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- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

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- Definition

Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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- Definition

A general description of the nature of the existing leasing arrangements of a lessor for all operating leases including, but not limited to: (1) guarantees or indemnities; (2) restrictions imposed by lease arrangements; (3) unusual provisions or conditions; (4) contingent rentals; and (5) lease expiration dates.

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- Definition

Amount of the cost of borrowed funds accounted for as interest expense for debt.

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- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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- Definition

The effective interest rate at the end of the reporting period.

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- Definition

The effective interest rate during the reporting period.

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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- Definition

Amount of the required periodic payments of both interest and principal.

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- Definition

Amount of assets after deduction of liabilities and cumulative effect adjustment of a new accounting principle applied in the period of adoption.

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