Gray Financial Statements From 2010 to 2024

GTN Stock  USD 5.79  0.14  2.48%   
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:
Gross Profit
1.4 B
Profit Margin
(0.02)
Market Capitalization
577.5 M
Enterprise Value Revenue
2.2657
Revenue
3.3 B
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. Self-guided Investors are advised to confirm Gray Television's regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 19th of April 2024, Market Cap is likely to grow to about 779 M. Also, Enterprise Value is likely to grow to about 655.5 M

Gray Television Total Revenue

3.45 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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 355.9 M, Interest Expense of 462 M or Total Revenue of 3.4 B, as well as many exotic indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0534 or PTB Ratio of 0.3. Gray financial statements analysis is a perfect complement when working with Gray Television Valuation or Volatility modules.
  
This module can also supplement Gray Television's financial leverage analysis and stock options assessment as well as various Gray Television Technical models . Check out the analysis of Gray Television Correlation against competitors.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.

Gray Television Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets11.3 B10.8 B5.1 B
Slightly volatile
Short and Long Term Debt Total6.6 B6.2 BB
Slightly volatile
Other Current Liabilities322.4 M307 M128.6 M
Slightly volatile
Total Current Liabilities414.8 M395 M189 M
Slightly volatile
Total Stockholder Equity2.8 B2.6 B1.3 B
Slightly volatile
Property Plant And Equipment Net1.8 B1.7 B646.8 M
Slightly volatile
Accounts Payable24.1 M23 M14.7 M
Slightly volatile
Cash19.9 M21 M193.7 M
Pretty Stable
Non Current Assets Total10.8 B10.3 B4.6 B
Slightly volatile
Cash And Short Term Investments19.9 M21 M193.7 M
Pretty Stable
Net Receivables381.1 M363 M256.4 M
Slightly volatile
Common Stock Shares Outstanding50.2 M92 M71.6 M
Slightly volatile
Liabilities And Stockholders Equity11.3 B10.8 B5.1 B
Slightly volatile
Non Current Liabilities Total8.1 B7.8 B3.7 B
Slightly volatile
Inventory15.7 M18 M31.3 M
Slightly volatile
Other Current Assets69.3 M66 M25.8 M
Slightly volatile
Total Liabilities8.6 B8.2 B3.9 B
Slightly volatile
Property Plant And Equipment Gross2.6 B2.5 B746.2 M
Slightly volatile
Total Current Assets269.6 M468 M492.8 M
Slightly volatile
Short Term Debt24.5 M26 M33.5 M
Very volatile
Intangible AssetsB5.7 B2.7 B
Slightly volatile
Common Stock677.6 M1.2 B790.1 M
Slightly volatile
Other Liabilities1.8 B1.7 B657 M
Slightly volatile
Other Assets20.8 M21.9 M68.7 M
Very volatile
Long Term Debt6.5 B6.1 B2.6 B
Slightly volatile
Good Will2.8 B2.6 B1.1 B
Slightly volatile
Property Plant Equipment1.8 B1.7 B635.6 M
Slightly volatile
Current Deferred Revenue41 M39 M12.3 M
Slightly volatile
Long Term Debt Total7.8 B7.4 B2.8 B
Slightly volatile
Long Term Investments45.9 M85 M38.2 M
Slightly volatile
Non Current Liabilities Other40.7 M51 M35.3 M
Pretty Stable
Short and Long Term Debt12.8 M13.5 M617.8 M
Slightly volatile
Net Invested Capital6.7 B8.1 B4.6 B
Slightly volatile
Net Working Capital69.3 M73 M510 M
Slightly volatile
Capital Stock1.8 B1.9 B1.3 B
Slightly volatile
Warrants520 M585 M637 M
Slightly volatile
Capital Lease Obligations74.6 M80 M58.2 M
Slightly volatile

Gray Television Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization355.9 M339 M136.2 M
Slightly volatile
Interest Expense462 M440 M166.3 M
Slightly volatile
Total Revenue3.4 B3.3 B1.5 B
Slightly volatile
Gross Profit588 M560 M475.8 M
Slightly volatile
Other Operating ExpensesB2.8 B1.2 B
Slightly volatile
Operating Income470.4 M448 M336.3 M
Slightly volatile
EBIT470.4 M448 M330.5 M
Slightly volatile
EBITDA826.4 M787 M466.7 M
Slightly volatile
Cost Of Revenue2.9 B2.7 BB
Slightly volatile
Total Operating Expenses106.6 M112 M142.9 M
Slightly volatile
Selling General Administrative117.6 M112 M54.5 M
Slightly volatile
Net Income Applicable To Common Shares486.6 M463.4 M170 M
Slightly volatile
Net Income From Continuing Ops182.1 M119 M153.4 M
Slightly volatile
Interest Income427.5 M407.1 M170.5 M
Slightly volatile
Reconciled Depreciation265.2 M378 M176 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 Flow315 M300 M185.5 M
Slightly volatile
Begin Period Cash Flow58 M61 M245.1 M
Slightly volatile
Depreciation355.9 M339 M154.2 M
Slightly volatile
Capital Expenditures365.4 M348 M123.7 M
Slightly volatile
Total Cash From Operating Activities680.4 M648 M309.2 M
Slightly volatile
End Period Cash Flow19.9 M21 M243.8 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.240.25121.1768
Slightly volatile
Dividend Yield0.05340.09950.2114
Slightly volatile
PTB Ratio0.30.31451.5364
Slightly volatile
Days Sales Outstanding77.0340.382568.1278
Pretty Stable
Book Value Per Share29.9128.489114.3402
Slightly volatile
Free Cash Flow Yield0.380.36390.208
Slightly volatile
Invested Capital3.892.35443.2945
Slightly volatile
Operating Cash Flow Per Share7.47.04353.6017
Slightly volatile
Average Payables4.2 M5.4 M5.8 M
Pretty Stable
PB Ratio0.30.31451.5364
Slightly volatile
EV To Sales3.782.14673.0988
Slightly volatile
Free Cash Flow Per Share3.423.26092.193
Slightly volatile
ROIC0.03890.04720.065
Pretty Stable
Inventory Turnover15915175.9216
Slightly volatile
Days Of Inventory On Hand2.292.41467.5907
Very volatile
Payables Turnover12411883.1673
Slightly volatile
Sales General And Administrative To Revenue0.03050.03410.0413
Slightly volatile
Average Inventory1.3 M1.3 M1.2 M
Pretty Stable
Cash Per Share0.220.22832.383
Pretty Stable
POCF Ratio1.211.27215.7349
Slightly volatile
Interest Coverage1.341.01822.1621
Pretty Stable
PFCF Ratio2.892.74779.0781
Slightly volatile
Days Payables Outstanding2.933.08536.1982
Pretty Stable
EV To Operating Cash Flow10.3310.869315.4027
Slightly volatile
EV To Free Cash Flow16.7123.477728.0408
Very volatile
Intangibles To Total Assets0.540.77780.6802
Pretty Stable
Current Ratio1.831.18483.3482
Slightly volatile
Receivables Turnover9.499.03865.9017
Slightly volatile
Graham Number24.1623.011420.8718
Slightly volatile
Shareholders Equity Per Share29.9128.489114.3402
Slightly volatile
Debt To Equity3.892.35443.2945
Slightly volatile
Average Receivables28.9 M38 M40.3 M
Pretty Stable
Revenue Per Share37.4535.66317.2592
Slightly volatile
Interest Debt Per Share75.4571.858737.1082
Slightly volatile
Debt To Assets0.460.57290.5648
Pretty Stable
Enterprise Value Over EBITDA11.018.94969.8596
Slightly volatile
Short Term Coverage Ratios17.724.923138.8806
Very volatile
Operating Cycle82.4642.797173.8398
Pretty Stable
Price Book Value Ratio0.30.31451.5364
Slightly volatile
Days Of Payables Outstanding2.933.08536.1982
Pretty Stable
Price To Operating Cash Flows Ratio1.211.27215.7349
Slightly volatile
Price To Free Cash Flows Ratio2.892.74779.0781
Slightly volatile
Operating Profit Margin0.160.13650.2532
Slightly volatile
Company Equity Multiplier6.244.10955.2761
Slightly volatile
Long Term Debt To Capitalization0.570.7010.6826
Very volatile
Total Debt To Capitalization0.580.70190.6868
Very volatile
Return On Capital Employed0.06990.04320.0806
Slightly volatile
Debt Equity Ratio3.892.35443.2945
Slightly volatile
Ebit Per Revenue0.160.13650.2532
Slightly volatile
Quick Ratio1.580.97222.9579
Pretty Stable
Net Income Per E B T0.460.92680.6969
Pretty Stable
Cash Ratio0.05050.05321.5798
Pretty Stable
Cash Conversion Cycle47.7239.711865.521
Very volatile
Operating Cash Flow Sales Ratio0.140.19750.2061
Very volatile
Days Of Inventory Outstanding2.292.41467.5907
Very volatile
Days Of Sales Outstanding77.0340.382568.1278
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.490.4630.6433
Slightly volatile
Cash Flow Coverage Ratios0.09980.1050.9451
Slightly volatile
Price To Book Ratio0.30.31451.5364
Slightly volatile
Fixed Asset Turnover1.861.95762.4806
Slightly volatile
Price Cash Flow Ratio1.211.27215.7349
Slightly volatile
Enterprise Value Multiple11.018.94969.8596
Slightly volatile
Debt Ratio0.460.57290.5648
Pretty Stable
Cash Flow To Debt Ratio0.09980.1050.9451
Slightly volatile
Price Sales Ratio0.240.25121.1768
Slightly volatile
Asset Turnover0.360.30460.3127
Pretty Stable
Gross Profit Margin0.160.17070.3774
Slightly volatile
Price Fair Value0.30.31451.5364
Slightly volatile

Gray Television Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap779 M741.9 M1.3 B
Very volatile
Enterprise Value655.5 M624.3 M647.6 M
Slightly volatile

Gray Fundamental Market Drivers

Forward Price Earnings1.9928
Cash And Short Term Investments21 M

Gray Upcoming Events

23rd of February 2024
Upcoming Quarterly Report
View
3rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
23rd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Gray Television Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Gray Television income statement, its balance sheet, and the statement of cash flows. Gray Television investors use historical funamental 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 use each financial statement separately, they are all related. The changes in Gray Television's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gray Television's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Gray Television Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Gray Television. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue39 M41 M
Total Revenue3.3 B3.4 B
Cost Of Revenue2.7 B2.9 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.03  0.03 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.11)(0.11)
Revenue Per Share 35.66  37.45 
Ebit Per Revenue 0.14  0.16 

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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 the analysis of Gray Television Correlation against competitors.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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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.