Gray Television Stock Return On Asset

GTN-A Stock  USD 7.27  0.35  4.59%   
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.
The current year's Return On Assets is expected to grow to -0.0068.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Gray Television Company Return On Asset Analysis

Gray Television's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Gray Television Return On Asset

    
  0.0385  
Most of Gray Television's fundamental indicators, such as Return On Asset, 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 Return On Asset 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 Return On Asset. 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.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Gray Total Assets

Total Assets

11.17 Billion

At present, Gray Television's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Gray Television has a Return On Asset of 0.0385. This is 96.47% lower than that of the Media sector and 98.56% lower than that of the Communication Services industry. The return on asset for all United States stocks is 127.5% lower than that of the firm.

Gray Return On Asset 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 Return On Asset 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 return on asset category among its peers.

Gray Fundamentals

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.

Also Currently Popular

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 Gray Television Piotroski F Score and Gray Television Altman Z Score analysis.
For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.