Gray Financial Statements From 2010 to 2026

GTNA Stock  USD 12.89  1.10  7.86%   
Gray Television's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Gray Television's valuation are provided 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 2026 to make sure the company can sustain itself down the road.

Gray Television Total Revenue

4.4 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.
  
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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 Assets12.7 B12.1 B5.9 B
Slightly volatile
Short and Long Term Debt Total4.8 B4.6 B2.7 B
Slightly volatile
Total Current Liabilities636.4 M606 M278.1 M
Slightly volatile
Total Stockholder Equity3.5 B3.4 B1.5 B
Slightly volatile
Current Deferred Revenue10.9 M10.3 M6.6 M
Slightly volatile
Net Debt4.2 BB2.4 B
Slightly volatile
Accounts Payable6.5 M12.7 M7.6 M
Slightly volatile
Cash157.8 M155.2 M195.8 M
Pretty Stable
Non Current Assets Total7.6 B7.2 BB
Slightly volatile
Cash And Short Term Investments167.3 M155.2 M203.3 M
Pretty Stable
Net Receivables200.1 M387.6 M256.2 M
Slightly volatile
Good Will3.2 BB1.3 B
Slightly volatile
Common Stock Total Equity101.3 M106.6 M364.9 M
Slightly volatile
Common Stock Shares Outstanding70.9 M114.5 M77.7 M
Slightly volatile
Liabilities And Stockholders Equity12.7 B12.1 B5.9 B
Slightly volatile
Non Current Liabilities Total5.5 B5.2 B2.9 B
Slightly volatile
Inventory946.4 K838.8 K941.8 K
Slightly volatile
Total Current Assets400.7 M622.1 M514.3 M
Slightly volatile
Intangible Assets6.8 B6.4 B2.4 B
Slightly volatile
Common Stock1.5 B1.4 B851.4 M
Slightly volatile
Short Term Investments14 M19.1 M15.5 M
Slightly volatile
Property Plant And Equipment Net875.4 M833.8 M469.5 M
Slightly volatile
Property Plant And Equipment Gross875.4 M833.8 M469.5 M
Slightly volatile
Non Currrent Assets Other4.2 BB2.3 B
Slightly volatile
Other Assets78.6 M41.4 M65.7 M
Very volatile
Long Term Debt4.4 B6.4 B3.3 B
Slightly volatile
Long Term Debt Total4.4 B6.4 B3.3 B
Slightly volatile
Property Plant Equipment983.8 M1.9 B764.3 M
Slightly volatile

Gray Television Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization295.8 M281.8 M151.3 M
Slightly volatile
Total Revenue4.4 B4.2 B1.8 B
Slightly volatile
Gross Profit1.5 B1.4 B689.2 M
Slightly volatile
Other Operating Expenses3.6 B3.4 B1.8 B
Slightly volatile
Operating IncomeB989 M434.5 M
Slightly volatile
Total Operating ExpensesB1.9 BB
Slightly volatile
Cost Of Revenue2.9 B2.8 B1.2 B
Slightly volatile
Selling General Administrative82.3 M119.6 M71 M
Slightly volatile
Interest Income585.6 M557.8 M223 M
Slightly volatile
Extraordinary Items116.8 M131.4 M143.4 M
Slightly volatile

Gray Television Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow332.1 M316.2 M186.5 M
Slightly volatile
Begin Period Cash Flow158.3 M243.8 M225.4 M
Slightly volatile
Depreciation173.9 M165.6 M101.6 M
Slightly volatile
Dividends Paid101.4 M96.6 M51.9 M
Slightly volatile
Capital Expenditures87.1 M164.4 M111.6 M
Slightly volatile
Total Cash From Operating Activities906.8 M863.6 M382.4 M
Slightly volatile
End Period Cash Flow256 M243.8 M199.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.910.961.5357
Slightly volatile
PTB Ratio1.031.092.609
Slightly volatile
Days Sales Outstanding74.7181.372.5993
Pretty Stable
Free Cash Flow Yield0.170.180.1174
Slightly volatile
Operating Cash Flow Per Share4.214.432.8877
Slightly volatile
Capex To Depreciation0.80.520.5706
Slightly volatile
PB Ratio1.031.092.609
Slightly volatile
EV To Sales5.092.853.7744
Slightly volatile
Free Cash Flow Per Share3.03.162.0756
Slightly volatile
ROIC0.04710.04490.0654
Slightly volatile
Inventory Turnover2.33.143.3162
Very volatile
Days Of Inventory On Hand145120112
Very volatile
Payables Turnover11410893.9521
Slightly volatile
Sales General And Administrative To Revenue0.05280.05640.048
Slightly volatile
Capex To Revenue0.07590.05960.0584
Slightly volatile
Cash Per Share2.322.442.3939
Pretty Stable
POCF Ratio5.025.298.4913
Slightly volatile
Capex To Operating Cash Flow0.470.330.3214
Slightly volatile
PFCF Ratio7.037.414.6783
Slightly volatile
Days Payables Outstanding3.313.4856.7525
Slightly volatile
EV To Operating Cash Flow14.9315.7119.8673
Slightly volatile
EV To Free Cash Flow20.922.033.3715
Slightly volatile
Intangibles To Total Assets0.430.310.2828
Very volatile
Current Ratio1.772.462.7597
Pretty Stable
Receivables Turnover8.625.945.4006
Slightly volatile
Graham Number26.5327.9218.1455
Slightly volatile
Shareholders Equity Per Share15.9916.8411.08
Slightly volatile
Debt To Equity3.42.283.6792
Slightly volatile
Capex Per Share1.21.260.811
Slightly volatile
Revenue Per Share23.1824.415.0274
Slightly volatile
Interest Debt Per Share40.4642.5830.2262
Slightly volatile
Debt To Assets0.580.610.8297
Slightly volatile
Short Term Coverage Ratios81.3973.7962.8416
Pretty Stable
Operating Cycle98.9381.374.024
Very volatile
Price Book Value Ratio1.031.092.609
Slightly volatile
Days Of Payables Outstanding3.313.4856.7525
Slightly volatile
Price To Operating Cash Flows Ratio5.025.298.4913
Slightly volatile
Price To Free Cash Flows Ratio7.037.414.6783
Slightly volatile
Pretax Profit Margin0.110.12020.1284
Pretty Stable
Ebt Per Ebit0.270.480.473
Slightly volatile
Operating Profit Margin0.170.20.2579
Slightly volatile
Company Equity Multiplier2.944.294.8335
Pretty Stable
Long Term Debt To Capitalization0.680.640.6508
Slightly volatile
Total Debt To Capitalization0.610.640.7382
Slightly volatile
Return On Capital Employed0.06720.0640.1032
Slightly volatile
Debt Equity Ratio3.42.283.6792
Slightly volatile
Ebit Per Revenue0.170.20.2579
Slightly volatile
Quick Ratio1.762.462.7576
Pretty Stable
Dividend Paid And Capex Coverage Ratio2.443.153.484
Pretty Stable
Cash Ratio0.750.781.1468
Pretty Stable
Cash Conversion Cycle63.9460.967.7843
Slightly volatile
Operating Cash Flow Sales Ratio0.150.160.1913
Very volatile
Days Of Inventory Outstanding145120112
Very volatile
Days Of Sales Outstanding74.7181.372.5993
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.460.640.6727
Pretty Stable
Cash Flow Coverage Ratios0.0630.09360.0887
Slightly volatile
Price To Book Ratio1.031.092.609
Slightly volatile
Fixed Asset Turnover5.23.374.7834
Slightly volatile
Capital Expenditure Coverage Ratio2.443.153.484
Pretty Stable
Price Cash Flow Ratio5.025.298.4913
Slightly volatile
Debt Ratio0.580.610.8297
Slightly volatile
Cash Flow To Debt Ratio0.0630.09360.0887
Slightly volatile
Price Sales Ratio0.910.961.5357
Slightly volatile
Asset Turnover0.330.350.3537
Slightly volatile
Gross Profit Margin0.750.430.4583
Pretty Stable
Price Fair Value1.031.092.609
Slightly volatile

Gray Television Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap688.9 K775 K845.9 K
Slightly volatile
Enterprise Value627.2 M705.6 M770.2 M
Slightly volatile

Gray Fundamental Market Drivers

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 Revenue2.8 B2.9 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 

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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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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. Market participants price Gray higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Gray Television assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
2.3178
Return On Equity
0.1103
Understanding Gray Television requires distinguishing between market price and book value, where the latter reflects Gray's accounting equity. The concept of intrinsic value - what Gray Television's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Gray Television's price substantially above or below its fundamental 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. In contrast, Gray Television's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.