Gray Television, Inc. (GTN)

Gray Television Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	75	21	61	189	773	212
Cash & Short-Term Investments	75	21	61	189	773	212
Cash Growth	108.33%	-65.57%	-67.72%	-75.55%	264.62%	-68.22%
Accounts Receivable	344	342	650	624	425	411
Other Receivables	-	21	22	21	21	-
Receivables	344	363	672	645	446	411
Prepaid Expenses	49	48	54	54	61	24
Other Current Assets	70	36	70	75	24	25
Total Current Assets	538	468	857	963	1,304	672
Property, Plant & Equipment	1,652	1,676	1,541	1,235	794	775
Long-Term Investments	86	85	105	117	72	17
Goodwill	2,643	2,643	2,663	2,649	1,460	1,446
Other Intangible Assets	5,672	5,735	5,967	6,128	3,974	4,033
Other Long-Term Assets	43	33	19	16	39	29
Total Assets	10,634	10,640	11,152	11,108	7,643	6,972
Accounts Payable	32	23	55	59	10	11
Accrued Expenses	222	251	247	227	158	166
Current Portion of Long-Term Debt	13	15	15	15	-	-
Current Portion of Leases	10	11	10	9	7	6
Current Income Taxes Payable	11	22	15	10	20	13
Current Unearned Revenue	23	39	24	14	22	9
Other Current Liabilities	20	34	43	50	38	41
Total Current Liabilities	331	395	409	384	255	246
Long-Term Debt	6,125	6,145	6,440	6,740	3,974	3,697
Long-Term Leases	64	69	68	63	51	45
Long-Term Deferred Tax Liabilities	1,349	1,359	1,454	1,471	885	810
Other Long-Term Liabilities	60	51	15	19	32	22
Total Liabilities	7,929	8,019	8,386	8,701	5,240	4,858
Common Stock	1,245	1,224	1,195	1,166	1,144	1,124
Retained Earnings	1,152	1,084	1,242	869	862	504
Treasury Stock	-317	-314	-309	-251	-214	-133
Comprehensive Income & Other	-25	-23	-12	-27	-39	-31
Total Common Equity	2,055	1,971	2,116	1,757	1,753	1,464
Shareholders' Equity	2,705	2,621	2,766	2,407	2,403	2,114
Total Liabilities & Equity	10,634	10,640	11,152	11,108	7,643	6,972
Total Debt	6,212	6,240	6,533	6,827	4,032	3,748
Net Cash (Debt)	-6,137	-6,219	-6,472	-6,638	-3,259	-3,536
Net Cash Per Share	-65.64	-67.60	-69.59	-69.87	-33.60	-35.36
Filing Date Shares Outstanding	95.37	94.59	91.15	93.55	94.04	98.44
Total Common Shares Outstanding	95.37	92.77	91.34	93.21	93.79	98.11
Working Capital	207	73	448	579	1,049	426
Book Value Per Share	21.55	21.25	23.17	18.85	18.69	14.92
Tangible Book Value	-6,260	-6,407	-6,514	-7,020	-3,681	-4,015
Tangible Book Value Per Share	-65.64	-69.06	-71.32	-75.31	-39.25	-40.92
Land	381	368	290	277	123	119
Buildings	893	868	477	453	305	291
Machinery	1,089	1,082	1,027	961	780	776
Construction In Progress	73	81	362	63	54	-

Source: S&P Capital IQ. Standard template. Financial Sources.