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GSI Technology (GSI Technology) Retained Earnings : $-20.25 Mil (As of Dec. 2023)


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What is GSI Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GSI Technology's retained earnings for the quarter that ended in Dec. 2023 was $-20.25 Mil.

GSI Technology's quarterly retained earnings declined from Jun. 2023 ($-9.59 Mil) to Sep. 2023 ($-13.64 Mil) and declined from Sep. 2023 ($-13.64 Mil) to Dec. 2023 ($-20.25 Mil).

GSI Technology's annual retained earnings declined from Mar. 2021 ($27.87 Mil) to Mar. 2022 ($11.50 Mil) and declined from Mar. 2022 ($11.50 Mil) to Mar. 2023 ($-4.48 Mil).


GSI Technology Retained Earnings Historical Data

The historical data trend for GSI Technology's Retained Earnings 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.

* Premium members only.

GSI Technology Retained Earnings Chart

GSI Technology Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.71 49.37 27.87 11.50 -4.48

GSI Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings 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 -0.52 -4.48 -9.59 -13.64 -20.25

GSI Technology Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


GSI Technology  (NAS:GSIT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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