Will GSI Technology (NASDAQ:GSIT) Spend Its Cash Wisely? [Yahoo! Finance]
GSI Technology, Inc. (GSIT)
US:NASDAQ Investor Relations:
gsitechnology.com
Company Research
Source: Yahoo! Finance
For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So should GSI Technology NASDAQ:GSIT ) shareholders be worried about its cash burn? In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. First, we'll determine its cash runway by comparing its cash burn with its cash reserves. View our latest analysis for GSI Technology When Might GSI Technology Run Out Of Money? A company's cash runway is calculated by dividing its cash hoard by its cash burn. In March 2024, GSI Technology had US$14m in cash, and was debt-free. In the last year, its cash burn was US$15m. So it had a cash runway of approximately 11 months from March 2024. To be frank, this kind of short runway puts us on edge, as it indicates the company m
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GSIT
News
- Zacks Initiates Coverage of GSI Technology With Neutral Recommendation [Yahoo! Finance]Yahoo! Finance
- GSI Technology Reiterates Key Takeaways From Q4 FY2024 Earnings Call and Provides Q&A [Yahoo! Finance]Yahoo! Finance
- GSI Technology Reiterates Key Takeaways From Q4 FY2024 Earnings Call and Provides Q&AGlobeNewswire
- GSI Technology Full Year 2024 Earnings: US$0.80 loss per share (vs US$0.65 loss in FY 2023) [Yahoo! Finance]Yahoo! Finance
- GSI Technology, Inc. (NASDAQ:GSIT) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
GSIT
Sec Filings
- 6/13/24 - Form 10-K
- 6/11/24 - Form 8-K
- 5/31/24 - Form 8-K
- GSIT's page on the SEC website