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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	69	21	61	189	773	212
Cash & Short-Term Investments	69	21	61	189	773	212
Cash Growth	228.57%	-65.57%	-67.72%	-75.55%	264.62%	-68.22%
Accounts Receivable	358	342	650	624	425	411
Other Receivables	6	21	22	21	21	-
Receivables	364	363	672	645	446	411
Prepaid Expenses	51	48	54	54	61	24
Other Current Assets	92	36	70	75	24	25
Total Current Assets	576	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	2,642	2,643	2,663	2,649	1,460	1,446
Other Intangible Assets	5,632	5,735	5,967	6,128	3,974	4,033
Other Long-Term Assets	43	33	19	16	39	29
Total Assets	10,631	10,640	11,152	11,108	7,643	6,972
Accounts Payable	17	23	55	59	10	11
Accrued Expenses	359	251	247	227	158	166
Current Portion of Long-Term Debt	23	15	15	15	-	-
Current Portion of Leases	10	11	10	9	7	6
Current Income Taxes Payable	9	22	15	10	20	13
Current Unearned Revenue	50	39	24	14	22	9
Other Current Liabilities	40	34	43	50	38	41
Total Current Liabilities	508	395	409	384	255	246
Long-Term Debt	5,870	6,145	6,440	6,740	3,974	3,697
Long-Term Leases	62	69	68	63	51	45
Long-Term Deferred Tax Liabilities	1,344	1,359	1,454	1,471	885	810
Other Long-Term Liabilities	67	51	15	19	32	22
Total Liabilities	7,851	8,019	8,386	8,701	5,240	4,858
Common Stock	1,250	1,224	1,195	1,166	1,144	1,124
Retained Earnings	1,227	1,084	1,242	869	862	504
Treasury Stock	-317	-314	-309	-251	-214	-133
Comprehensive Income & Other	-30	-23	-12	-27	-39	-31
Total Common Equity	2,130	1,971	2,116	1,757	1,753	1,464
Shareholders' Equity	2,780	2,621	2,766	2,407	2,403	2,114
Total Liabilities & Equity	10,631	10,640	11,152	11,108	7,643	6,972
Total Debt	5,965	6,240	6,533	6,827	4,032	3,748
Net Cash (Debt)	-5,896	-6,219	-6,472	-6,638	-3,259	-3,536
Net Cash Per Share	-62.06	-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	68	73	448	579	1,049	426
Book Value Per Share	22.33	21.25	23.17	18.85	18.69	14.92
Tangible Book Value	-6,144	-6,407	-6,514	-7,020	-3,681	-4,015
Tangible Book Value Per Share	-64.42	-69.06	-71.32	-75.31	-39.25	-40.92
Land	385	368	290	277	123	119
Buildings	895	868	477	453	305	291
Machinery	1,077	1,082	1,027	961	780	776
Construction In Progress	98	81	362	63	54	-

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