Gray Television Inc (GTN) — Net Asset Quality Index
Gray Television Inc (GTN) has a Net Asset Quality Index of 27.2% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $10.32 Billion minus total liabilities of $7.51 Billion yields net assets of $2.81 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of Gray Television Inc to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Gray Television Inc Net Asset Quality Index Over Time (1990–2024)
This chart shows how Gray Television Inc's Net Asset Quality Index has evolved across 35 annual periods from 1990 to 2024. As of September 2025, the index stands at 27.2%, representing net assets of $2.81 Billion against total assets of $10.32 Billion USD. See Gray Television Inc (GTN) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Gray Television Inc (1990–2024)
The table below presents the year-by-year Net Asset Quality Index for Gray Television Inc from 1990 to 2024, covering 35 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is Gray Television Inc worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 27.8% | $2.93 Billion | $10.54 Billion | $7.61 Billion | ▲ +3.2 pp |
| 2023 | 24.6% | $2.62 Billion | $10.64 Billion | $8.02 Billion | ▼ -0.2 pp |
| 2022 | 24.8% | $2.77 Billion | $11.15 Billion | $8.39 Billion | ▲ +3.1 pp |
| 2021 | 21.7% | $2.41 Billion | $11.11 Billion | $8.70 Billion | ▼ -9.8 pp |
| 2020 | 31.4% | $2.40 Billion | $7.64 Billion | $5.24 Billion | ▲ +1.1 pp |
| 2019 | 30.3% | $2.11 Billion | $6.97 Billion | $4.86 Billion | ▲ +2.1 pp |
| 2018 | 28.2% | $1.19 Billion | $4.21 Billion | $3.03 Billion | ▼ -2.3 pp |
| 2017 | 30.4% | $992.90 Million | $3.26 Billion | $2.27 Billion | ▲ +12.7 pp |
| 2016 | 17.7% | $492.86 Million | $2.78 Billion | $2.29 Billion | ▼ -2.3 pp |
| 2015 | 20.0% | $429.27 Million | $2.14 Billion | $1.71 Billion | ▲ +8.5 pp |
| 2014 | 11.6% | $216.19 Million | $1.87 Billion | $1.66 Billion | ▼ -1.5 pp |
| 2013 | 13.0% | $174.01 Million | $1.33 Billion | $1.16 Billion | ▲ +1.5 pp |
| 2012 | 11.5% | $143.94 Million | $1.25 Billion | $1.11 Billion | ▲ +1.6 pp |
| 2011 | 10.0% | $122.95 Million | $1.23 Billion | $1.11 Billion | ▼ -0.5 pp |
| 2010 | 10.4% | $129.41 Million | $1.24 Billion | $1.11 Billion | ▲ +2.9 pp |
| 2009 | 7.5% | $93.62 Million | $1.25 Billion | $1.15 Billion | ▼ -1.6 pp |
| 2008 | 9.2% | $117.11 Million | $1.28 Billion | $1.16 Billion | ▼ -11.6 pp |
| 2007 | 20.8% | $337.85 Million | $1.63 Billion | $1.29 Billion | ▼ -2.5 pp |
| 2006 | 23.3% | $379.75 Million | $1.63 Billion | $1.25 Billion | ▼ -1.7 pp |
| 2005 | 25.0% | $381.00 Million | $1.53 Billion | $1.14 Billion | ▼ -2.6 pp |
| 2004 | 27.5% | $378.24 Million | $1.37 Billion | $995.23 Million | ▲ +0.2 pp |
| 2003 | 27.4% | $362.77 Million | $1.33 Billion | $962.55 Million | ▼ -1.1 pp |
| 2002 | 28.5% | $369.42 Million | $1.30 Billion | $927.30 Million | ▲ +10.6 pp |
| 2001 | 17.9% | $142.20 Million | $794.34 Million | $652.14 Million | ▼ -6.6 pp |
| 2000 | 24.5% | $155.96 Million | $636.77 Million | $480.81 Million | ▼ -1.1 pp |
| 1999 | 25.6% | $168.20 Million | $658.20 Million | $490.00 Million | ▼ -1.5 pp |
| 1998 | 27.0% | $126.70 Million | $469.00 Million | $342.30 Million | ▲ +0.3 pp |
| 1997 | 26.7% | $92.30 Million | $345.10 Million | $252.80 Million | ▼ -5.1 pp |
| 1996 | 31.9% | $95.20 Million | $298.70 Million | $203.50 Million | ▲ +20.4 pp |
| 1995 | 11.5% | $9.00 Million | $78.20 Million | $69.20 Million | ▲ +4.2 pp |
| 1994 | 7.3% | $5.00 Million | $68.80 Million | $63.80 Million | ▼ -25.9 pp |
| 1993 | 33.2% | $7.10 Million | $21.40 Million | $14.30 Million | ▲ +18.4 pp |
| 1992 | 14.8% | $3.90 Million | $26.40 Million | $22.50 Million | ▼ -72.2 pp |
| 1991 | 87.0% | $36.20 Million | $41.60 Million | $5.40 Million | ▲ +0.0 pp |
| 1990 | 87.0% | $36.20 Million | $41.60 Million | $5.40 Million | — |