Gray Treasury Stock vs Property Plant Equipment 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 Treasury Stock and its Property Plant Equipment 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.
Treasury Stock vs Property Plant Equipment
Treasury Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gray Television Treasury Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Gray Television's Treasury Stock and Property Plant Equipment is -0.95. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Property Plant Equipment 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 Treasury Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Gray Television are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Treasury Stock i.e., Gray Television's Treasury Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Treasury Stock
Property Plant Equipment
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 Expense | 205M | 354M | 440M | 462M | Depreciation And Amortization | 326M | 332M | 339M | 356.0M |
Gray Television fundamental ratios Correlations
Click cells to compare fundamentals
Gray Television Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gray Television fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.0B | 7.6B | 11.1B | 11.2B | 10.8B | 11.3B | |
Short Long Term Debt Total | 3.7B | 4.0B | 6.8B | 6.5B | 6.2B | 6.6B | |
Other Current Liab | 220M | 216M | 287M | 305M | 307M | 322.4M | |
Total Current Liabilities | 246M | 255M | 384M | 409M | 395M | 414.8M | |
Total Stockholder Equity | 2.1B | 2.4B | 2.4B | 2.8B | 2.6B | 2.8B | |
Property Plant And Equipment Net | 775M | 794M | 1.2B | 1.5B | 1.7B | 1.8B | |
Net Debt | 3.5B | 3.3B | 6.6B | 6.5B | 6.2B | 6.5B | |
Retained Earnings | 504M | 862M | 869M | 1.2B | 1.1B | 1.1B | |
Accounts Payable | 11M | 10M | 59M | 55M | 23M | 24.2M | |
Cash | 212M | 773M | 189M | 61M | 21M | 20.0M | |
Non Current Assets Total | 6.3B | 6.3B | 10.1B | 10.3B | 10.3B | 10.8B | |
Non Currrent Assets Other | (113M) | (46M) | (32M) | (1.4B) | 33M | 34.7M | |
Cash And Short Term Investments | 212M | 773M | 189M | 61M | 21M | 20.0M | |
Net Receivables | 411M | 446M | 645M | 672M | 363M | 381.2M | |
Common Stock Shares Outstanding | 100M | 97M | 95M | 93M | 92M | 50.2M | |
Liabilities And Stockholders Equity | 7.0B | 7.6B | 11.1B | 11.2B | 10.8B | 11.3B | |
Non Current Liabilities Total | 4.6B | 5.0B | 8.3B | 8.0B | 7.8B | 8.1B | |
Inventory | 24M | 61M | 94M | 43M | 18M | 11.6M | |
Other Current Assets | 25M | 24M | 35M | 81M | 66M | 69.3M | |
Other Stockholder Equity | (133M) | (214M) | (251M) | (309M) | (314M) | (298.3M) | |
Total Liab | 4.9B | 5.2B | 8.7B | 8.4B | 8.2B | 8.6B | |
Property Plant And Equipment Gross | 775M | 794M | 1.2B | 1.5B | 2.5B | 2.6B | |
Total Current Assets | 672M | 1.3B | 963M | 857M | 468M | 269.6M | |
Accumulated Other Comprehensive Income | (31M) | (39M) | (27M) | (12M) | (23M) | (24.2M) | |
Short Term Debt | 6M | 7M | 24M | 25M | 26M | 24.5M | |
Intangible Assets | 4.0B | 4.0B | 6.1B | 6.0B | 5.7B | 6.0B | |
Common Stock Total Equity | 1.1B | 1.1B | 1.2B | 1.2B | 1.4B | 1.4B | |
Common Stock | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 677.6M | |
Other Liab | 868M | 960M | 1.5B | 1.5B | 1.7B | 1.8B | |
Other Assets | 29M | 39M | 16M | 19M | 21.9M | 20.8M | |
Long Term Debt | 7M | 4.0B | 6.7B | 6.4B | 6.1B | 6.5B | |
Good Will | 1.4B | 1.5B | 2.6B | 2.7B | 2.6B | 2.8B | |
Treasury Stock | (133M) | (214M) | (251M) | (309M) | (278.1M) | (264.2M) | |
Property Plant Equipment | 725M | 737M | 1.2B | 1.5B | 1.7B | 1.8B | |
Current Deferred Revenue | 9M | 22M | 14M | 24M | 39M | 41.0M | |
Retained Earnings Total Equity | 504M | 862M | 869M | 1.2B | 1.4B | 1.5B | |
Net Tangible Assets | 2.1B | 2.4B | (6.4B) | 2.8B | 3.2B | 3.3B | |
Long Term Debt Total | 7M | 4.0B | 6.7B | 6.4B | 7.4B | 7.8B |
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 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Share Portfolio Track or share privately all of your investments from the convenience of any device |
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.