Gray Treasury Stock vs Long Term Investments Analysis
GTN Stock | USD 4.36 0.15 3.56% |
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 Long Term Investments 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 closely tied 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 Long Term Investments
Treasury Stock vs Long Term Investments 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 Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Gray Television's Treasury Stock and Long Term Investments is -0.9. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Long Term Investments 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 Long Term Investments 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 Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Treasury Stock i.e., Gray Television's Treasury Stock and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Treasury Stock
Long Term Investments
Long Term Investments is an item on the asset side of Gray Television balance sheet that represents investments Gray Television intends to hold for over a year. Gray Television long term investments may include different instruments such as stocks, bonds, real estate and cash.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 closely tied 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 22nd of November 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 | 221M | 336M | 339M | 356.0M |
Gray Television fundamental ratios Correlations
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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 | 10.6B | 11.2B | |
Short Long Term Debt Total | 3.7B | 4.0B | 6.8B | 6.5B | 6.2B | 6.6B | |
Other Current Liab | 220M | 189M | 268M | 280M | 274M | 287.7M | |
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) | 164M | 172.2M | |
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 | 10.6B | 11.2B | |
Non Current Liabilities Total | 4.6B | 5.0B | 8.3B | 8.0B | 7.6B | 8.0B | |
Inventory | 24M | 61M | 94M | 43M | 18M | 11.6M | |
Other Current Assets | 25M | 85M | 129M | 124M | 84M | 88.2M | |
Other Stockholder Equity | (133M) | (214M) | (251M) | (309M) | (314M) | (298.3M) | |
Total Liab | 4.9B | 5.2B | 8.7B | 8.4B | 8.0B | 8.4B | |
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 | 14M | 33M | 35M | 37M | 25.8M | |
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 | (131M) | (124.5M) | |
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 |
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 estimate. To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Broadcasting 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. 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 1.5 | Revenue Per Share 36.743 | Quarterly Revenue Growth 0.183 |
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.