Gray Television Inc (GTN-A) — Defensive Interval Ratio

Latest as of March 2026: 150 days

Gray Television Inc (GTN-A) has a Defensive Interval Ratio of 150 days as of March 2026. Defensive assets of $179.00 Million (cash $-, short-term investments $-, receivables $179.00 Million) cover 150 days of daily cash needs of $1.20 Million/day. Check Gray Television Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

150 days
Days of operational coverage

Defensive Assets

$179.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.20 Million
Current Liabilities ÷ 365

Current Liabilities

$437.00 Million
USD

Gray Television Inc Defensive Interval Ratio (1990–2025)

This chart shows how Gray Television Inc's Defensive Interval Ratio has evolved across 35 annual periods from 1990 to 2025. As of March 2026, the ratio stands at 150 days, meaning defensive assets of $179.00 Million can fund 150 days of operations without new revenue. Also explore Gray Television Inc (GTN-A) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Gray Television Inc (1990–2025)

The table below presents the year-by-year Defensive Interval Ratio for Gray Television Inc from 1990 to 2025, covering 35 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see GTN-A stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 149 days $211.00 Million $1.41 Million/day $- $- ▼ -88 days
2024 238 days $343.00 Million $1.44 Million/day $- $- ▼ -98 days
2023 335 days $363.00 Million $1.08 Million/day $- $- ▼ -264 days
2022 600 days $672.00 Million $1.12 Million/day $- $- ▼ -13 days
2021 613 days $645.00 Million $1.05 Million/day $- $- ▼ -25 days
2020 638 days $446.00 Million $698.63K/day $- $- ▲ +29 days
2019 610 days $411.00 Million $673.97K/day $- $- ▲ +164 days
2018 446 days $183.59 Million $412.04K/day $- $- ▼ -30 days
2017 476 days $171.23 Million $359.74K/day $- $- ▼ -24 days
2016 500 days $163.41 Million $327.14K/day $- $16.60 Million ▼ -63 days
2015 563 days $135.07 Million $239.99K/day $- $13.60 Million ▲ +76 days
2014 487 days $106.69 Million $219.24K/day $- $- ▲ +81 days
2013 405 days $70.05 Million $172.84K/day $- $- ▼ -73 days
2012 478 days $62.47 Million $130.73K/day $- $- ▲ +20 days
2011 457 days $62.09 Million $135.72K/day $- $- ▲ +55 days
2010 402 days $64.49 Million $160.40K/day $- $- ▲ +124 days
2009 278 days $57.18 Million $205.68K/day $- $- ▲ +29 days
2008 249 days $56.07 Million $225.10K/day $- $1.38 Million ▼ -73 days
2007 322 days $67.25 Million $208.59K/day $- $4.18 Million ▼ -33 days
2006 355 days $62.06 Million $174.80K/day $- $- ▼ -45 days
2005 400 days $60.08 Million $150.08K/day $- $- ▲ +46 days
2004 355 days $52.37 Million $147.65K/day $- $- ▼ -96 days
2003 451 days $55.22 Million $122.50K/day $- $- ▲ +17 days
2002 434 days $54.77 Million $126.28K/day $- $- ▲ +375 days
2001 58 days $29.72 Million $510.63K/day $- $- ▼ -361 days
2000 419 days $30.32 Million $72.36K/day $- $- ▲ +40 days
1999 379 days $30.30 Million $80.00K/day $- $- ▼ -12 days
1998 391 days $22.90 Million $58.63K/day $- $- ▲ +8 days
1997 383 days $19.50 Million $50.96K/day $- $- ▲ +117 days
1996 266 days $17.40 Million $65.48K/day $- $- ▼ -50 days
1994 316 days $8.40 Million $26.58K/day $- $- ▼ -22 days
1993 338 days $3.70 Million $10.96K/day $- $- ▲ +58 days
1992 280 days $3.30 Million $11.78K/day $- $- ▼ -180 days
1991 460 days $3.40 Million $7.40K/day $- $- ▲ +0 days
1990 460 days $3.40 Million $7.40K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)