Gray Common Stock vs Total Liab Analysis

GTN Stock  USD 5.61  0.16  2.77%   
Gray Television financial indicator trend analysis is much more than just examining Gray Television latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gray Television is a good investment. Please check the relationship between Gray Television Common Stock and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.

Common Stock vs Total Liab

Common Stock vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gray Television Common Stock account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gray Television's Common Stock and Total Liab is 0.77. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of Gray Television, assuming nothing else is changed. The correlation between historical values of Gray Television's Common Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Gray Television are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., Gray Television's Common Stock and Total Liab go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Gray Television's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gray Television current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.At this time, Gray Television's Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Tax Provision is likely to grow to about 70.9 M, while Sales General And Administrative To Revenue is likely to drop 0.03.
 2021 2022 2023 2024 (projected)
Interest Expense205M354M440M462M
Depreciation And Amortization326M332M339M356.0M

Gray Television fundamental ratios Correlations

1.00.961.00.980.970.990.960.830.081.0-0.210.080.930.611.00.620.90.151.00.890.59-0.121.00.90.79
1.00.951.00.960.970.990.950.860.051.0-0.220.050.920.61.00.630.90.131.00.890.57-0.10.990.880.78
0.960.950.960.960.950.950.930.77-0.010.97-0.25-0.010.890.530.950.580.880.180.960.880.51-0.380.970.840.74
1.01.00.960.970.980.990.950.830.051.0-0.240.050.910.61.00.590.920.141.00.910.57-0.110.990.90.78
0.980.960.960.970.940.940.980.750.220.97-0.170.220.920.650.960.60.860.210.960.850.68-0.160.970.920.83
0.970.970.950.980.940.980.940.77-0.070.98-0.25-0.070.840.480.980.470.960.110.980.960.43-0.150.970.860.69
0.990.990.950.990.940.980.930.87-0.050.99-0.26-0.050.910.551.00.60.920.11.00.90.49-0.130.990.850.73
0.960.950.930.950.980.940.930.760.170.95-0.180.170.880.520.940.550.890.220.950.870.63-0.150.940.870.75
0.830.860.770.830.750.770.870.76-0.080.83-0.43-0.080.90.490.850.750.750.080.850.610.51-0.10.840.620.64
0.080.05-0.010.050.22-0.07-0.050.17-0.080.010.371.00.170.50.030.28-0.160.280.03-0.150.780.320.020.30.44
1.01.00.971.00.970.980.990.950.830.01-0.230.010.910.571.00.590.920.131.00.910.54-0.141.00.890.76
-0.21-0.22-0.25-0.24-0.17-0.25-0.26-0.18-0.430.37-0.230.37-0.38-0.1-0.23-0.22-0.420.14-0.23-0.11-0.030.2-0.25-0.05-0.14
0.080.05-0.010.050.22-0.07-0.050.17-0.081.00.010.370.170.50.030.28-0.160.280.03-0.150.780.320.020.30.44
0.930.920.890.910.920.840.910.880.90.170.91-0.380.170.70.920.80.780.140.920.670.73-0.160.930.80.84
0.610.60.530.60.650.480.550.520.490.50.57-0.10.50.70.590.590.410.120.590.330.810.180.590.680.94
1.01.00.951.00.960.981.00.940.850.031.0-0.230.030.920.590.630.910.121.00.90.56-0.110.990.880.77
0.620.630.580.590.60.470.60.550.750.280.59-0.220.280.80.590.630.33-0.050.630.280.72-0.150.640.490.64
0.90.90.880.920.860.960.920.890.75-0.160.92-0.42-0.160.780.410.910.330.080.910.920.34-0.120.90.790.62
0.150.130.180.140.210.110.10.220.080.280.130.140.280.140.120.12-0.050.080.120.090.27-0.130.120.130.2
1.01.00.961.00.960.981.00.950.850.031.0-0.230.030.920.591.00.630.910.120.90.56-0.110.990.880.77
0.890.890.880.910.850.960.90.870.61-0.150.91-0.11-0.150.670.330.90.280.920.090.90.25-0.140.890.810.56
0.590.570.510.570.680.430.490.630.510.780.54-0.030.780.730.810.560.720.340.270.560.250.120.560.660.84
-0.12-0.1-0.38-0.11-0.16-0.15-0.13-0.15-0.10.32-0.140.20.32-0.160.18-0.11-0.15-0.12-0.13-0.11-0.140.12-0.190.040.02
1.00.990.970.990.970.970.990.940.840.021.0-0.250.020.930.590.990.640.90.120.990.890.56-0.190.880.78
0.90.880.840.90.920.860.850.870.620.30.89-0.050.30.80.680.880.490.790.130.880.810.660.040.880.83
0.790.780.740.780.830.690.730.750.640.440.76-0.140.440.840.940.770.640.620.20.770.560.840.020.780.83
Click cells to compare fundamentals

Gray Television Account Relationship Matchups

Gray Television fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B7.6B11.1B11.2B10.8B11.3B
Short Long Term Debt Total3.7B4.0B6.8B6.5B6.2B6.6B
Other Current Liab220M216M287M305M307M322.4M
Total Current Liabilities246M255M384M409M395M414.8M
Total Stockholder Equity2.1B2.4B2.4B2.8B2.6B2.8B
Property Plant And Equipment Net775M794M1.2B1.5B1.7B1.8B
Net Debt3.5B3.3B6.6B6.5B6.2B6.5B
Retained Earnings504M862M869M1.2B1.1B1.1B
Accounts Payable11M10M59M55M23M24.2M
Cash212M773M189M61M21M20.0M
Non Current Assets Total6.3B6.3B10.1B10.3B10.3B10.8B
Non Currrent Assets Other(113M)(46M)(32M)(1.4B)33M34.7M
Cash And Short Term Investments212M773M189M61M21M20.0M
Net Receivables411M446M645M672M363M381.2M
Common Stock Shares Outstanding100M97M95M93M92M50.2M
Liabilities And Stockholders Equity7.0B7.6B11.1B11.2B10.8B11.3B
Non Current Liabilities Total4.6B5.0B8.3B8.0B7.8B8.1B
Inventory24M61M94M43M18M11.6M
Other Current Assets25M24M35M81M66M69.3M
Other Stockholder Equity(133M)(214M)(251M)(309M)(314M)(298.3M)
Total Liab4.9B5.2B8.7B8.4B8.2B8.6B
Property Plant And Equipment Gross775M794M1.2B1.5B2.5B2.6B
Total Current Assets672M1.3B963M857M468M269.6M
Accumulated Other Comprehensive Income(31M)(39M)(27M)(12M)(23M)(24.2M)
Short Term Debt6M7M24M25M26M24.5M
Intangible Assets4.0B4.0B6.1B6.0B5.7B6.0B
Common Stock Total Equity1.1B1.1B1.2B1.2B1.4B1.4B
Common Stock1.1B1.1B1.2B1.2B1.2B677.6M
Other Liab868M960M1.5B1.5B1.7B1.8B
Other Assets29M39M16M19M21.9M20.8M
Long Term Debt7M4.0B6.7B6.4B6.1B6.5B
Good Will1.4B1.5B2.6B2.7B2.6B2.8B
Treasury Stock(133M)(214M)(251M)(309M)(278.1M)(264.2M)
Property Plant Equipment725M737M1.2B1.5B1.7B1.8B
Current Deferred Revenue9M22M14M24M39M41.0M
Retained Earnings Total Equity504M862M869M1.2B1.4B1.5B
Net Tangible Assets2.1B2.4B(6.4B)2.8B3.2B3.3B
Long Term Debt Total7M4.0B6.7B6.4B7.4B7.8B

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.
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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.