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 677 M USD -51.2%
Weighted Average Number of Shares Outstanding, Basic 94 M shares +2.17%
Weighted Average Number of Shares Outstanding, Diluted 95 M shares +3.26%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.3 B USD -9.51%
Operating Income (Loss) 440 M USD -50.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 79 M USD -83.8%
Income Tax Expense (Benefit) 36 M USD -71.7%
Net Income (Loss) Attributable to Parent 43 M 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 134 M USD +139%
Accounts Receivable, after Allowance for Credit Loss, Current 362 M USD +8.71%
Assets, Current 601 M USD +11.9%
Property, Plant and Equipment, Net 1.59 B USD +4.54%
Operating Lease, Right-of-Use Asset 71 M USD -11.3%
Goodwill 2.64 B USD -0.75%
Other Assets, Noncurrent 22 M USD +46.7%
Assets 10.7 B USD -1.01%
Accounts Payable, Current 36 M USD -10%
Employee-related Liabilities, Current 77 M USD +20.3%
Accrued Liabilities, Current 50 M USD -32.4%
Contract with Customer, Liability, Current 22 M USD -48.8%
Liabilities, Current 424 M USD 0%
Deferred Income Tax Liabilities, Net 1.35 B USD -7.2%
Operating Lease, Liability, Noncurrent 65 M USD -9.72%
Other Liabilities, Noncurrent 53 M USD +65.6%
Liabilities 8.04 B USD -1.22%
Accumulated Other Comprehensive Income (Loss), Net of Tax -23 M USD 0%
Retained Earnings (Accumulated Deficit) 1.15 B USD -3.36%
Stockholders' Equity Attributable to Parent 2.05 B USD -0.53%
Liabilities and Equity 10.7 B USD -1.01%

Popular Metrics

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