Gsi Technology (GSIT) Short-term Investments (2009 - 2023)
Gsi Technology (GSIT) posted Short-term Investments of $651,000 for fiscal Q2 2024 (quarter ended Sep 30, 2023), down 88.0% from $5.42 million a year earlier and down 26.9% from the prior quarter.
Gsi Technology (GSIT) Short-term Investments (2009 - 2023) Analysis & Trends
At the end of FY2023 (ended Mar 31, 2023), Gsi Technology's Short-term Investments came in at $3.36 million, down 51.9% from FY2022.
- Annual Short-term Investments has declined for four consecutive fiscal years, with a five-year compound annual growth rate of -28.6% (FY2018 to FY2023).
- In prior fiscal years, Gsi Technology's Short-term Investments was $6.99 million in FY2022 (-28.0%), $9.72 million in FY2021 (-35.5%), $15.06 million in FY2020 (-22.1%) and $19.35 million in FY2019 (+6.7%).
- The fiscal Q2 2024 figure stands as the lowest quarterly Short-term Investments in data going back to fiscal Q4 2009.
- On a year-over-year basis, Short-term Investments has declined in each of the last five quarters, with an average decline of 41.6% over the last eight quarters.
- The strongest year-over-year quarter for Short-term Investments in the past five years was fiscal Q3 2022, with growth of 28.0%; the weakest was fiscal Q1 2024, with a decline of 88.8%.
- According to Business Quant data, Short-term Investments for the three prior fiscal quarters was $891,000 (Q1 2024), $3.36 million (Q4 2023) and $3.33 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn |
| 10 | Gsi Technology | 118.96 Mn | -165.16 Mn | 2.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 651,000.00 |
| Jun 30, 2023 | 891,000.00 |
| Mar 31, 2023 | 3.36 Mn |
| Dec 31, 2022 | 3.33 Mn |
| Sep 30, 2022 | 5.42 Mn |
| Jun 30, 2022 | 7.93 Mn |
| Mar 31, 2022 | 6.99 Mn |
| Dec 31, 2021 | 11.77 Mn |
| Sep 30, 2021 | 9.79 Mn |
| Jun 30, 2021 | 7.05 Mn |
| Mar 31, 2021 | 9.72 Mn |
| Dec 31, 2020 | 9.20 Mn |
| Sep 30, 2020 | 12.07 Mn |
| Jun 30, 2020 | 13.60 Mn |
| Mar 31, 2020 | 15.06 Mn |
| Dec 31, 2019 | 20.34 Mn |
| Sep 30, 2019 | 22.35 Mn |
| Jun 30, 2019 | 18.28 Mn |
| Mar 31, 2019 | 19.35 Mn |
| Dec 31, 2018 | 16.56 Mn |
Gsi Technology Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=GSIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "GSIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=GSIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();