Gray Television Inc financial data

Symbol
GTN, GTN-A on NYSE
Industry
Television Broadcasting Stations
Location
4370 Peachtree Road Ne, Atlanta, Georgia
State of incorporation
Georgia
Fiscal year end
December 31
Former names
GRAY COMMUNICATIONS SYSTEMS INC /GA/ (to 7/25/2002)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 131 % -34.2%
Debt-to-equity 399 % -6.11%
Return On Equity 2.13 % -88.3%
Return On Assets 0.4 % -87.8%
Operating Margin 13.3 % -45.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 677M USD -51.2%
Weighted Average Number of Shares Outstanding, Basic 94M shares +2.17%
Weighted Average Number of Shares Outstanding, Diluted 95M shares +3.26%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.3B USD -9.51%
Operating Income (Loss) 440M USD -50.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 79M USD -83.8%
Income Tax Expense (Benefit) 36M USD -71.7%
Net Income (Loss) Attributable to Parent 43M USD -88.1%
Earnings Per Share, Basic -0.11 USD/shares -103%
Earnings Per Share, Diluted -0.12 USD/shares -104%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 134M USD +139%
Accounts Receivable, after Allowance for Credit Loss, Current 362M USD +8.71%
Assets, Current 601M USD +11.9%
Property, Plant and Equipment, Net 1.59B USD +4.54%
Operating Lease, Right-of-Use Asset 71M USD -11.3%
Goodwill 2.64B USD -0.75%
Other Assets, Noncurrent 22M USD +46.7%
Assets 10.7B USD -1.01%
Accounts Payable, Current 36M USD -10%
Employee-related Liabilities, Current 77M USD +20.3%
Accrued Liabilities, Current 50M USD -32.4%
Contract with Customer, Liability, Current 22M USD -48.8%
Liabilities, Current 424M USD 0%
Deferred Income Tax Liabilities, Net 1.35B USD -7.2%
Operating Lease, Liability, Noncurrent 65M USD -9.72%
Other Liabilities, Noncurrent 53M USD +65.6%
Liabilities 8.04B USD -1.22%
Accumulated Other Comprehensive Income (Loss), Net of Tax -23M USD 0%
Retained Earnings (Accumulated Deficit) 1.15B USD -3.36%
Stockholders' Equity Attributable to Parent 2.05B USD -0.53%
Liabilities and Equity 10.7B USD -1.01%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 68M USD -83.5%
Net Cash Provided by (Used in) Financing Activities -35M USD +89.1%
Net Cash Provided by (Used in) Investing Activities 80M USD
Common Stock, Shares Authorized 200M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 113M USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 75M USD -3.85%
Deferred Tax Assets, Valuation Allowance 9M USD -10%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 140M USD +109%
Operating Lease, Liability 75M USD -9.64%
Depreciation 36M USD +2.86%
Payments to Acquire Property, Plant, and Equipment 34M USD -69.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 43M USD -88.3%
Lessee, Operating Lease, Liability, to be Paid 101M USD -10.6%
Property, Plant and Equipment, Gross 2.42B USD +8.28%
Operating Lease, Liability, Current 10M USD -9.09%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12M USD -7.69%
Lessee, Operating Lease, Liability, to be Paid, Year One 14M USD -6.67%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) -6M USD -175%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 26M USD -13.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11M USD -8.33%
Deferred Federal Income Tax Expense (Benefit) -76M USD -262%
Current Income Tax Expense (Benefit) 85M USD -52.5%
Preferred Stock, Shares Authorized 20M shares
Unrecognized Tax Benefits 14M USD -6.67%
Lessee, Operating Lease, Liability, to be Paid, Year Four 8M USD -27.3%
Current State and Local Tax Expense (Benefit) 12M USD -61.3%
Current Federal Tax Expense (Benefit) 73M USD -50.7%
Amortization of Intangible Assets 31M USD -36.7%
Deferred Tax Assets, Net of Valuation Allowance 131M USD +130%
Share-based Payment Arrangement, Expense 24M USD +26.3%
Deferred State and Local Income Tax Expense (Benefit) -15M USD -1600%