Gray Television Inc - Asset Resilience Ratio

Latest as of June 2024: 2.52%

Gray Television Inc (GTN) has an Asset Resilience Ratio of 2.52% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check GTN capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$268.00 Million
Cash + Short-term Investments

Total Assets

$10.63 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2001–2017)

This chart shows how Gray Television Inc's Asset Resilience Ratio has changed over time. See Gray Television Inc balance sheet independence to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Gray Television Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market value of Gray Television Inc.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $268.00 Million 2.52%
Total Liquid Assets $268.00 Million 2.52%

Asset Resilience Insights

  • Limited Liquidity: Gray Television Inc maintains only 2.52% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Gray Television Inc Industry Peers by Asset Resilience Ratio

Compare Gray Television Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
H&R Century Union Corp
SHE:000892
Broadcasting 1.11%
Digital Network S.A.
WAR:DIG
Broadcasting -3.06%
Intermedia Capital Tbk
JK:MDIA
Broadcasting 0.11%
Sports Entertainment Group Ltd
AU:SEG
Broadcasting 17.74%
Arn Media Ltd
AU:A1N
Broadcasting 1.40%
Asian Television Network International Ltd
V:SAT
Broadcasting 0.00%
Jiangsu Broadcasting Cable inf
SHG:600959
Broadcasting 3.35%
Beijing Gehua CATV Network Co Ltd
SHG:600037
Broadcasting 18.57%

Annual Asset Resilience Ratio for Gray Television Inc (2001–2017)

The table below shows the annual Asset Resilience Ratio data for Gray Television Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2017-12-31 0.00% $0.00 $3.26 Billion --
2016-12-31 0.60% $16.60 Million $2.78 Billion -0.04pp
2015-12-31 0.63% $13.60 Million $2.14 Billion --
2014-12-31 0.00% $0.00 $1.87 Billion --
2013-12-31 0.00% $0.00 $1.33 Billion --
2012-12-31 0.00% $0.00 $1.25 Billion --
2011-12-31 0.00% $0.00 $1.23 Billion --
2008-12-31 0.11% $1.38 Million $1.28 Billion -0.15pp
2007-12-31 0.26% $4.18 Million $1.63 Billion -20.96pp
2001-12-31 21.22% $168.56 Million $794.34 Million --
pp = percentage points

About Gray Television Inc

NYSE:GTN USA Broadcasting
Market Cap
$360.75 Million
Market Cap Rank
#14081 Global
#3312 in USA
Share Price
$3.90
Change (1 day)
+2.63%
52-Week Range
$3.80 - $6.24
All Time High
$22.62
About

Gray Media, Inc., a multimedia company, owns and/or operates television stations and digital assets in the United States. The company operates through Broadcasting, Production Companies, and Other segments. It also owns Gray Digital Media, a digital agency that provides clients with digital marketing strategies; and operates video production companies and studio production facilities. The company… Read more