Gray Historical Income Statement

GTN-A Stock  USD 7.29  0.29  4.14%   
Historical analysis of Gray Television income statement accounts such as Total Revenue of 3.4 B or Gross Profit of 944 M can show how well Gray Television performed in making a profits. Evaluating Gray Television income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gray Television's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Gray Television latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gray Television is a good buy for the upcoming year.
  
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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.

About Gray Income Statement Analysis

Gray Television Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Gray Television shareholders. The income statement also shows Gray investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Gray Television Income Statement Chart

At present, Gray Television's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 462 M, whereas Income Before Tax is projected to grow to (77.9 M).

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Gray Television generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Gray Television minus its cost of goods sold. It is profit before Gray Television operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gray Television. It is also known as Gray Television overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Gray Television operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Gray Television is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Gray Television's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.At present, Gray Television's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 462 M, whereas Income Before Tax is projected to grow to (77.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense205M354M440M462M
Depreciation And Amortization221M336M339M356.0M

Gray Television income statement Correlations

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Gray Television Account Relationship Matchups

Gray Television income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K201M221M336M339M356.0M
Interest Expense227M191M205M354M440M462M
Total Revenue2.1B2.4B2.4B3.7B3.3B3.4B
Gross Profit723M989M803M1.4B899M944.0M
Other Operating Expenses1.7B1.7B1.9B2.7B2.9B3.0B
Operating Income478M752M381M990M383M402.2M
Ebit622.8M735M373M999M358M375.9M
Ebitda623M936M594M1.3B697M731.9M
Cost Of Revenue1.4B1.4B1.6B2.2B2.4B2.5B
Total Operating Expenses299M266M309M438M516M541.8M
Income Before Tax255M544M168M614M(82M)(77.9M)
Total Other Income Expense Net(223M)(208M)(213M)(376M)(465M)(441.8M)
Net Income179M410M90M455M(76M)(72.2M)
Income Tax Expense76M134M78M159M(6M)(5.7M)
Selling General Administrative104M65M88M102M112M117.6M
Net Income From Continuing Ops179M410M90M455M(76M)(72.2M)
Non Operating Income Net Other4M(17M)(8M)(4M)(4.6M)(4.8M)
Net Income Applicable To Common Shares127M358M38M403M463.5M486.6M
Tax Provision76M134M78M159M(6M)(5.7M)
Net Interest Income(227M)(191M)(205M)(354M)(440M)(418M)
Reconciled Depreciation234M239M259M384M376M264.9M

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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 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.