Gray Television Inc (GTN) — Defensive Interval Ratio

Latest as of September 2025: 148 days

Gray Television Inc (GTN) has a Defensive Interval Ratio of 148 days as of September 2025. Defensive assets of $210.00 Million (cash $-, short-term investments $-, receivables $210.00 Million) cover 148 days of daily cash needs of $1.42 Million/day. Check tangible net worth ratio of Gray Television Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

148 days
Days of operational coverage

Defensive Assets

$210.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.42 Million
Current Liabilities ÷ 365

Current Liabilities

$519.00 Million
USD

Gray Television Inc Defensive Interval Ratio (1990–2024)

This chart shows how Gray Television Inc's Defensive Interval Ratio has evolved across 35 annual periods from 1990 to 2024. As of September 2025, the ratio stands at 148 days, meaning defensive assets of $210.00 Million can fund 148 days of operations without new revenue. Also explore Gray Television Inc equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Gray Television Inc (1990–2024)

The table below presents the year-by-year Defensive Interval Ratio for Gray Television Inc from 1990 to 2024, 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 company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (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 $- $0.00 ▼ -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 $- $0.00 ▲ +81 days
2013 405 days $70.05 Million $172.84K/day $- $0.00 ▼ -73 days
2012 478 days $62.47 Million $130.73K/day $- $0.00 ▲ +20 days
2011 457 days $62.09 Million $135.72K/day $- $0.00 ▲ +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 $- $- ▲ +45 days
2001 388 days $198.28 Million $510.63K/day $- $168.56 Million ▼ -31 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 $- $- ▲ +10 days
1995 256 days $9.60 Million $37.53K/day $- $- ▼ -60 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)