Gray Financial Statements From 2010 to 2024

GTNA Stock  USD 7.69  1.39  22.06%   
Gray Television financial statements provide useful quarterly and yearly information to potential Gray Television investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Gray Television financial statements helps investors assess Gray Television's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Gray Television's valuation are summarized below:
Market Capitalization
852.3 M
Earnings Share
2.3178
We have found one hundred twenty available fundamental trends for Gray Television, which can be analyzed and compared to other ratios and to its competitors. All investors should make sure to confirm all of Gray Television regular market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.

Gray Television Total Revenue

4.44 Billion

Check Gray Television financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gray Television's main balance sheet or income statement drivers, such as Depreciation And Amortization of 295.8 M, Interest Expense of 0.0 or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 0.91, Dividend Yield of 0.0 or PTB Ratio of 1.03. Gray financial statements analysis is a perfect complement when working with Gray Television Valuation or Volatility modules.
  
Check out the analysis of Gray Television Correlation against competitors.
For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.

Gray Television Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets13.5 B12.8 B5.4 B
Slightly volatile
Short and Long Term Debt Total4.8 B4.6 B2.5 B
Slightly volatile
Total Current Liabilities493.9 M470.4 M235.2 M
Slightly volatile
Total Stockholder Equity3.3 B3.2 B1.3 B
Slightly volatile
Current Deferred Revenue10.9 M10.3 M6.2 M
Slightly volatile
Net Debt4.2 BB2.2 B
Slightly volatile
Accounts Payable6.5 M12.7 M7.1 M
Slightly volatile
Cash66.6 M70.2 M199.8 M
Slightly volatile
Non Current Assets Total7.6 B7.2 B3.6 B
Slightly volatile
Cash And Short Term Investments66.6 M70.2 M207.7 M
Pretty Stable
Net Receivables784.9 M747.5 M308.1 M
Slightly volatile
Good Will3.2 B3.1 B1.2 B
Slightly volatile
Common Stock Total Equity101.3 M106.6 M401.2 M
Slightly volatile
Common Stock Shares Outstanding67.4 M107 M74.3 M
Slightly volatile
Liabilities And Stockholders Equity13.5 B12.8 B5.4 B
Slightly volatile
Non Current Liabilities Total5.5 B5.2 B2.7 B
Slightly volatile
Inventory946.4 K838.8 K943.1 K
Slightly volatile
Total Current AssetsB985.5 M582.1 M
Slightly volatile
Intangible Assets7.2 B6.9 B2.1 B
Slightly volatile
Common Stock1.4 B1.4 B790.3 M
Slightly volatile
Short Term Investments14 M19.1 M15.4 M
Slightly volatile
Property Plant And Equipment Net875.4 M833.8 M435.4 M
Slightly volatile
Property Plant And Equipment Gross875.4 M833.8 M435.4 M
Slightly volatile
Non Currrent Assets Other4.2 BB2.2 B
Slightly volatile
Other Assets16.2 M17.1 M63.5 M
Very volatile
Long Term Debt3.9 B7.4 BB
Slightly volatile
Long Term Debt Total3.9 B7.4 BB
Slightly volatile
Property Plant Equipment1.9 B1.8 B695.1 M
Slightly volatile

Gray Television Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization295.8 M281.8 M138.8 M
Slightly volatile
Total Revenue4.4 B4.2 B1.6 B
Slightly volatile
Gross Profit1.7 B1.6 B660.4 M
Slightly volatile
Other Operating Expenses3.6 B3.4 B1.7 B
Slightly volatile
Operating Income1.2 B1.1 B429.3 M
Slightly volatile
Total Operating ExpensesB1.9 B934.5 M
Slightly volatile
Income Before Tax741.4 M706.1 M258.3 M
Slightly volatile
Cost Of Revenue2.7 B2.6 B980.6 M
Slightly volatile
Selling General Administrative64.2 M117.3 M57 M
Slightly volatile
Tax Provision92.3 M182.8 M71.9 M
Slightly volatile
Interest Income427.5 M407.1 M170.5 M
Slightly volatile
Net Income Applicable To Common Shares486.6 M463.4 M176.5 M
Slightly volatile
Extraordinary Items116.8 M131.4 M143.1 M
Slightly volatile

Gray Television Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow332.1 M316.2 M174.7 M
Slightly volatile
Begin Period Cash Flow158.3 M243.8 M227.2 M
Slightly volatile
Depreciation155.8 M148.3 M93.5 M
Slightly volatile
Dividends Paid99 M94.3 M47.4 M
Slightly volatile
Capital Expenditures526.5 M501.4 M145.5 M
Slightly volatile
Total Cash From Operating ActivitiesB953.4 M352.3 M
Slightly volatile
End Period Cash Flow256 M243.8 M198.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.910.961.6292
Slightly volatile
PTB Ratio1.031.092.7956
Slightly volatile
Days Sales Outstanding74.7181.372.8532
Pretty Stable
Free Cash Flow Yield0.170.180.1123
Slightly volatile
Operating Cash Flow Per Share4.214.432.7594
Slightly volatile
Capex To Depreciation0.80.520.5869
Slightly volatile
PB Ratio1.031.092.7956
Slightly volatile
EV To Sales5.092.853.947
Slightly volatile
Free Cash Flow Per Share3.03.161.9857
Slightly volatile
ROIC0.050.05840.089
Slightly volatile
Inventory Turnover2.33.143.2939
Very volatile
Days Of Inventory On Hand145120113
Very volatile
Payables Turnover11410890.4184
Slightly volatile
Sales General And Administrative To Revenue0.05280.05640.0479
Slightly volatile
Capex To Revenue0.07590.05960.0592
Slightly volatile
Cash Per Share2.322.442.4305
Slightly volatile
POCF Ratio5.025.299.0105
Slightly volatile
Capex To Operating Cash Flow0.470.330.3261
Slightly volatile
PFCF Ratio7.037.415.7772
Slightly volatile
Days Payables Outstanding3.313.4863.9155
Slightly volatile
EV To Operating Cash Flow14.9315.7120.6943
Slightly volatile
EV To Free Cash Flow20.922.035.2703
Slightly volatile
Intangibles To Total Assets0.430.310.2841
Pretty Stable
Current Ratio1.772.462.7635
Pretty Stable
Receivables Turnover8.625.945.4323
Slightly volatile
Graham Number26.5327.9218.2969
Slightly volatile
Shareholders Equity Per Share15.9916.8410.6053
Slightly volatile
Debt To Equity1.62.283.144
Pretty Stable
Capex Per Share1.21.260.7724
Slightly volatile
Revenue Per Share23.1824.414.2017
Slightly volatile
Debt To Assets0.260.480.5306
Very volatile
Short Term Coverage Ratios81.3973.7962.6649
Pretty Stable
Operating Cycle10181.382.5379
Pretty Stable
Price Book Value Ratio1.031.092.7956
Slightly volatile
Days Of Payables Outstanding3.313.4863.9155
Slightly volatile
Price To Operating Cash Flows Ratio5.025.299.0105
Slightly volatile
Price To Free Cash Flows Ratio7.037.415.7772
Slightly volatile
Pretax Profit Margin0.110.12020.1295
Pretty Stable
Ebt Per Ebit0.270.480.4649
Slightly volatile
Operating Profit Margin0.170.20.2622
Slightly volatile
Company Equity Multiplier2.944.294.843
Pretty Stable
Long Term Debt To Capitalization0.680.640.6421
Slightly volatile
Total Debt To Capitalization0.680.640.6486
Slightly volatile
Return On Capital Employed0.06720.0640.1075
Slightly volatile
Debt Equity Ratio1.62.283.144
Pretty Stable
Ebit Per Revenue0.170.20.2622
Slightly volatile
Quick Ratio1.762.462.7611
Pretty Stable
Dividend Paid And Capex Coverage Ratio2.443.153.4819
Pretty Stable
Cash Ratio0.750.781.1848
Pretty Stable
Operating Cash Flow Sales Ratio0.150.160.1926
Very volatile
Days Of Inventory Outstanding145120113
Very volatile
Days Of Sales Outstanding74.7181.372.8532
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.460.640.6672
Pretty Stable
Cash Flow Coverage Ratios0.110.121.0244
Slightly volatile
Price To Book Ratio1.031.092.7956
Slightly volatile
Fixed Asset Turnover5.23.375.0309
Slightly volatile
Capital Expenditure Coverage Ratio2.443.153.4819
Pretty Stable
Price Cash Flow Ratio5.025.299.0105
Slightly volatile
Debt Ratio0.260.480.5306
Very volatile
Cash Flow To Debt Ratio0.110.121.0244
Slightly volatile
Price Sales Ratio0.910.961.6292
Slightly volatile
Asset Turnover0.330.350.3603
Slightly volatile
Gross Profit Margin0.750.430.4693
Pretty Stable
Price Fair Value1.031.092.7956
Slightly volatile

Gray Television Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap688.9 K775 K843.9 K
Slightly volatile
Enterprise Value627.2 M705.6 M768.4 M
Slightly volatile

Gray Fundamental Market Drivers

Cash And Short Term Investments61 M

About Gray Television Financial Statements

Gray Television stakeholders use historical fundamental indicators, such as Gray Television's revenue or net income, to determine how well the company is positioned to perform in the future. Although Gray Television investors may analyze each financial statement separately, they are all interrelated. For example, changes in Gray Television's assets and liabilities are reflected in the revenues and expenses on Gray Television's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Gray Television. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue10.3 M10.9 M
Total Revenue4.2 B4.4 B
Cost Of Revenue2.6 B2.7 B
Sales General And Administrative To Revenue 0.06  0.05 
Capex To Revenue 0.06  0.08 
Revenue Per Share 24.40  23.18 
Ebit Per Revenue 0.20  0.17 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Gray Television offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gray Television's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gray Television Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gray Television Stock:
Check out the analysis of Gray Television Correlation against competitors.
For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gray Television. If investors know Gray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gray Television listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.3178
Return On Equity
0.1103
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gray Television's market value can be influenced by many factors that don't directly affect Gray Television's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.