Gray Television Inc (GTN) — Cash Flow Quality Index
Gray Television Inc (GTN) has a Cash Flow Quality Index of 2.18x as of December 2024. Operating cash flow of $368.00 Million exceeds net income of $169.00 Million, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of Gray Television Inc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Gray Television Inc Cash Flow Quality Index (1990–2024)
Historical Cash Flow Quality Index for Gray Television Inc across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see GTN operating cash flow.
Annual Cash Flow Quality Index for Gray Television Inc (1990–2024)
Year-by-year earnings quality comparison for Gray Television Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.00x | $751.00 Million | $375.00 Million | ▲ +9.9% |
| 2022 | 1.82x | $829.00 Million | $455.00 Million | ▼ -45.3% |
| 2021 | 3.33x | $300.00 Million | $90.00 Million | ▲ +109.6% |
| 2020 | 1.59x | $652.00 Million | $410.00 Million | ▼ -26.1% |
| 2019 | 2.15x | $385.00 Million | $179.00 Million | ▲ +40.2% |
| 2018 | 1.53x | $323.32 Million | $210.80 Million | ▲ +123.2% |
| 2017 | 0.69x | $180.01 Million | $261.95 Million | ▼ -79.3% |
| 2016 | 3.32x | $206.63 Million | $62.27 Million | ▲ +23.5% |
| 2015 | 2.69x | $105.61 Million | $39.30 Million | ▼ -3.8% |
| 2014 | 2.79x | $134.22 Million | $48.06 Million | ▼ -15.2% |
| 2013 | 3.29x | $60.24 Million | $18.29 Million | ▲ +3.7% |
| 2012 | 3.18x | $89.37 Million | $28.13 Million | ▼ -24.8% |
| 2011 | 4.23x | $38.17 Million | $9.04 Million | ▲ +156.7% |
| 2010 | 1.65x | $38.13 Million | $23.16 Million | ▼ -75.9% |
| 2006 | 6.82x | $79.86 Million | $11.71 Million | ▼ -54.6% |
| 2005 | 15.02x | $50.48 Million | $3.36 Million | ▲ +547.3% |
| 2004 | 2.32x | $102.74 Million | $44.28 Million | ▼ -47.8% |
| 2003 | 4.44x | $62.32 Million | $14.02 Million | ▲ +821.9% |
| 1998 | 0.48x | $20.10 Million | $41.70 Million | ▼ -77.3% |
| 1996 | 2.12x | $12.10 Million | $5.70 Million | ▼ -74.9% |
| 1995 | 8.44x | $7.60 Million | $900.00K | ▲ +237.8% |
| 1994 | 2.50x | $7.00 Million | $2.80 Million | ▲ +205.6% |
| 1993 | 0.82x | $900.00K | $1.10 Million | ▼ -59.1% |
| 1990 | 2.00x | $6.40 Million | $3.20 Million | — |