GSI Technology (GSI Technology) Cash And Cash Equivalents : $21.58 Mil (As of Dec. 2023)

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What is GSI Technology Cash And Cash Equivalents?

GSI Technology's quarterly cash and cash equivalents declined from Jun. 2023 ($26.85 Mil) to Sep. 2023 ($24.67 Mil) but then stayed the same from Sep. 2023 ($24.67 Mil) to Dec. 2023 ($21.58 Mil).

GSI Technology's annual cash and cash equivalents declined from Mar. 2021 ($44.23 Mil) to Mar. 2022 ($36.97 Mil) and declined from Mar. 2022 ($36.97 Mil) to Mar. 2023 ($27.21 Mil).

GSI Technology Cash And Cash Equivalents Historical Data

The historical data trend for GSI Technology's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GSI Technology Cash And Cash Equivalents Chart

GSI Technology Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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51.51

44.23

36.97

27.21

14.43

GSI Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															27.21	26.85	24.67	21.58	14.43

GSI Technology Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

GSI Technology (NAS:GSIT) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

GSI Technology Cash And Cash Equivalents Related Terms

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GSI Technology (GSI Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GSI Technology Inc (NAS:GSIT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

1213 Elko Drive, Sunnyvale, CA, USA, 94089

Website

https://www.gsitechnology.com

GSI Technology Inc is a provider of semiconductor memory solutions. The company develops and markets high-performance memory products, including Very Fast static random access memory, or SRAM, that are incorporated in high-performance networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations, and network access equipment. It sells these products to original equipment manufacturers, and customers including Nokia. In addition, it serves the ongoing needs of the military, aerospace, industrial, test and measurement equipment, and automotive and medical markets for high-performance SRAMs. It operates geographically in China, Singapore, the Netherlands, Germany, Rest of the world, and the United States.

Executives

Robert Yau	director, officer: VP, Engin., Sect. & Director	GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Avidan Akerib	officer: VP of Associative Computing	C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Elizabeth Cholawsky	director	1636 LA VISTA DEL OCEANO, SANTA BARBARA CA 93109
Ruey-lin Lu	director	EMPIA TECHNOLOGY, 2600 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Douglas Schirle	officer: CFO	GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Didier Lasserre	officer: VP, Sales	GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Hong-po Hsieh	director	20 PARK AVE. II, HSINCHU SCIENCE PARK, HSINCHU F5 308
Kim Le	director	1608 PALA RANCH CIRCLE, SAN JOSE CA 95133
Jack A. Bradley	director	C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Arthur O Whipple	director	870 WEST MAUDE AVE, SUNNYVALE CA 94085
Ping Tak Wu	officer: VP, U.S. Operations	GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Barbara H Nelson	director	C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Bor-tay Wu	officer: VP, Taiwan Operations	GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089
Lee-lean Shu	director, 10 percent owner, officer: Pres., CEO and Chairman	GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089
E Thomas Hart	director	1277 ORLEANS DRIVE, SUNNYVALE CA 94089-1138