Gray Television Stock Working Capital
| GTN Stock | USD 6.02 0.10 1.69% |
Gray Television fundamentals help investors to digest information that contributes to Gray Television's financial success or failures. It also enables traders to predict the movement of Gray Stock. The fundamental analysis module provides a way to measure Gray Television's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gray Television stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 73 M | 69.3 M | |
| Change In Working Capital | 325 M | 341.2 M | |
| Working Capital | 0.00 | 0.00 |
Gray | Working Capital |
Gray Television Company Working Capital Analysis
Gray Television's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Gray Television Working Capital | 73 M |
Most of Gray Television's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gray Television is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gray Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Gray Television is extremely important. It helps to project a fair market value of Gray Stock properly, considering its historical fundamentals such as Working Capital. Since Gray Television's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Gray Television's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Gray Television's interrelated accounts and indicators.
Click cells to compare fundamentals
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
According to the company's disclosures, Gray Television has a Working Capital of 73 M. This is 106.58% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The working capital for all United States stocks is 95.06% higher than that of the company.
Gray Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gray Television's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gray Television could also be used in its relative valuation, which is a method of valuing Gray Television by comparing valuation metrics of similar companies.Gray Television is currently under evaluation in working capital category among related companies.
Gray Fundamentals
| Return On Equity | -0.0282 | ||||
| Return On Asset | 0.0258 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 7.44 B | ||||
| Shares Outstanding | 90.35 M | ||||
| Shares Owned By Insiders | 6.64 % | ||||
| Shares Owned By Institutions | 85.57 % | ||||
| Number Of Shares Shorted | 6.69 M | ||||
| Price To Earning | 3.27 X | ||||
| Price To Book | 0.28 X | ||||
| Price To Sales | 0.17 X | ||||
| Revenue | 3.28 B | ||||
| Gross Profit | 1.43 B | ||||
| EBITDA | 787 M | ||||
| Net Income | (76 M) | ||||
| Cash And Equivalents | 162 M | ||||
| Cash Per Share | 1.77 X | ||||
| Total Debt | 6.24 B | ||||
| Debt To Equity | 2.72 % | ||||
| Current Ratio | 2.54 X | ||||
| Book Value Per Share | 21.25 X | ||||
| Cash Flow From Operations | 648 M | ||||
| Short Ratio | 4.72 X | ||||
| Earnings Per Share | (1.39) X | ||||
| Price To Earnings To Growth | 0.20 X | ||||
| Target Price | 10.42 | ||||
| Number Of Employees | 9.37 K | ||||
| Beta | 1.56 | ||||
| Market Capitalization | 609.41 M | ||||
| Total Asset | 10.77 B | ||||
| Retained Earnings | 1.08 B | ||||
| Working Capital | 73 M | ||||
| Current Asset | 285.45 M | ||||
| Current Liabilities | 87.59 M | ||||
| Annual Yield | 0.05 % | ||||
| Net Asset | 10.77 B | ||||
| Last Dividend Paid | 0.32 |
About Gray Television Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gray Television's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gray Television using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gray Television based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Gray Television Investors Sentiment
The influence of Gray Television's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Gray. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Gray Television's public news can be used to forecast risks associated with an investment in Gray. The trend in average sentiment can be used to explain how an investor holding Gray can time the market purely based on public headlines and social activities around Gray Television. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Gray Television's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Gray Television's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Gray Television's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Gray Television.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gray Television in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gray Television's short interest history, or implied volatility extrapolated from Gray Television options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Gray Television Piotroski F Score and Gray Television Altman Z Score analysis. To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Gray Stock analysis
When running Gray Television's price analysis, check to measure Gray Television's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gray Television is operating at the current time. Most of Gray Television's value examination focuses on studying past and present price action to predict the probability of Gray Television's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gray Television's price. Additionally, you may evaluate how the addition of Gray Television to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
Is Gray Television's industry 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.
Quarterly Earnings Growth 10.164 | Dividend Share 0.32 | Earnings Share (1.39) | Revenue Per Share 35.663 | Quarterly Revenue Growth (0.19) |
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.