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GSI Technology (GSI Technology) Interest Coverage : N/A (As of Dec. 2023)


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What is GSI Technology Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. GSI Technology's Operating Income for the three months ended in Dec. 2023 was $-6.69 Mil. GSI Technology's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. GSI Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for GSI Technology's Interest Coverage or its related term are showing as below:


GSIT's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.85
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


GSI Technology Interest Coverage Historical Data

The historical data trend for GSI Technology's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

GSI Technology Interest Coverage Chart

GSI Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A No Debt

GSI Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A No Debt

Competitive Comparison of GSI Technology's Interest Coverage

For the Semiconductors subindustry, GSI Technology's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GSI Technology's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GSI Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GSI Technology's Interest Coverage falls into.



GSI Technology Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

GSI Technology's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, GSI Technology's Interest Expense was $0.00 Mil. Its Operating Income was $-15.81 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.24 Mil.

GuruFocus does not calculate GSI Technology's interest coverage with the available data.

GSI Technology's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, GSI Technology's Interest Expense was $0.00 Mil. Its Operating Income was $-6.69 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.54 Mil.

GuruFocus does not calculate GSI Technology's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


GSI Technology  (NAS:GSIT) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


GSI Technology Interest Coverage Related Terms

Thank you for viewing the detailed overview of GSI Technology's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


GSI Technology (GSI Technology) Business Description

Traded in Other Exchanges
N/A
Address
1213 Elko Drive, Sunnyvale, CA, USA, 94089
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

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