GTN.A (Gray Television) Debt-to-Asset : 0.56 (As of Sep. 2024)

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What is Gray Television Debt-to-Asset?

Gray Television's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $33 Mil. Gray Television's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5,932 Mil. Gray Television's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $10,631 Mil. Gray Television's debt to asset for the quarter that ended in Sep. 2024 was 0.56.

Gray Television Debt-to-Asset Historical Data

The historical data trend for Gray Television's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gray Television Debt-to-Asset Chart

Gray Television Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.54

0.53

0.62

0.59

Gray Television Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.58	0.59	0.58	0.58	0.56

Competitive Comparison of Gray Television's Debt-to-Asset

For the Broadcasting subindustry, Gray Television's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gray Television's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gray Television's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Gray Television's Debt-to-Asset falls into.

Gray Television Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Gray Television's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(26	+	6214)	/	10640
	=	0.59

Gray Television's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(33	+	5932)	/	10631
	=	0.56

Gray Television (NYSE:GTN.A) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Gray Television Debt-to-Asset Related Terms

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Gray Television Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gray Television Inc (NYSE:GTN.A) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GTN:USA GCZA:Germany GCZB:Germany GCZB:Germany

Address

4370 Peachtree Road NE, Atlanta, GA, USA, 30319

Website

https://www.gray.tv

Gray Television Inc is a television broadcast company. The company is engaged in owning and operating television stations. It also owns video program production, marketing, and digital business. It has two segments namely, Broadcasting and Production companies. Majority of the revenue is generated from the broadcasting segment which operates television stations in local markets in the United States.