Gray Television Inc (GTN) — Defensive Interval Ratio
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. See how liquid is Gray Television Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See GTN equity financing ratio to measure how much of total assets are equity-financed.
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 | $- | $- | — |