Gray Television Inc (GTN-A) — Tangible Net Worth Ratio
Gray Television Inc (GTN-A) has a Tangible Net Worth Ratio of -98.9% as of March 2026. This metric is calculated by deducting intangible assets ($5.50 Billion) from net assets ($2.76 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See GTN-A total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gray Television Inc Tangible Net Worth Ratio (1990–2025)
This chart shows how Gray Television Inc's Tangible Net Worth Ratio has changed across 35 annual periods from 1990 to 2025. As of March 2026, the ratio stands at -98.9%, reflecting net assets of $2.76 Billion with intangible assets of $5.50 Billion USD. Also explore net asset momentum of Gray Television Inc to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Gray Television Inc (1990–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Gray Television Inc from 1990 to 2025, covering 35 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see GTN-A market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -94.9% | $2.81 Billion | $5.47 Billion | $10.44 Billion | ▼ -3.9 pp |
| 2024 | -91.0% | $2.93 Billion | $5.60 Billion | $10.54 Billion | ▲ +27.8 pp |
| 2023 | -118.8% | $2.62 Billion | $5.74 Billion | $10.64 Billion | ▼ -3.1 pp |
| 2022 | -115.7% | $2.77 Billion | $5.97 Billion | $11.15 Billion | ▲ +38.9 pp |
| 2021 | -154.6% | $2.41 Billion | $6.13 Billion | $11.11 Billion | ▼ -89.2 pp |
| 2020 | -65.4% | $2.40 Billion | $3.97 Billion | $7.64 Billion | ▲ +25.4 pp |
| 2019 | -90.8% | $2.11 Billion | $4.03 Billion | $6.97 Billion | ▼ -57.5 pp |
| 2018 | -33.3% | $1.19 Billion | $1.58 Billion | $4.21 Billion | ▲ +28.3 pp |
| 2017 | -61.6% | $992.90 Million | $1.60 Billion | $3.26 Billion | ▲ +121.8 pp |
| 2016 | -183.4% | $492.86 Million | $1.40 Billion | $2.78 Billion | ▼ -11.3 pp |
| 2015 | -172.1% | $429.27 Million | $1.17 Billion | $2.14 Billion | ▲ +223.5 pp |
| 2014 | -395.6% | $216.19 Million | $1.07 Billion | $1.87 Billion | ▼ -11.9 pp |
| 2013 | -383.7% | $174.01 Million | $841.63 Million | $1.33 Billion | ▲ +85.9 pp |
| 2012 | -469.6% | $143.94 Million | $819.83 Million | $1.25 Billion | ▲ +97.1 pp |
| 2011 | -566.7% | $122.95 Million | $819.69 Million | $1.23 Billion | ▼ -33.2 pp |
| 2010 | -533.5% | $129.41 Million | $819.82 Million | $1.24 Billion | ▲ +242.7 pp |
| 2009 | -776.2% | $93.62 Million | $820.30 Million | $1.25 Billion | ▼ -175.2 pp |
| 2008 | -601.0% | $117.11 Million | $820.87 Million | $1.28 Billion | ▼ -386.7 pp |
| 2007 | -214.3% | $337.85 Million | $1.06 Billion | $1.63 Billion | ▼ -34.5 pp |
| 2006 | -179.8% | $379.75 Million | $1.06 Billion | $1.63 Billion | ▲ +48.1 pp |
| 2005 | -228.0% | $381.00 Million | $1.25 Billion | $1.53 Billion | ▼ -41.5 pp |
| 2004 | -186.4% | $378.24 Million | $1.08 Billion | $1.37 Billion | ▼ -243.0 pp |
| 2003 | 56.5% | $362.77 Million | $157.66 Million | $1.33 Billion | ▲ +196.8 pp |
| 2002 | -140.2% | $369.42 Million | $887.53 Million | $1.30 Billion | ▲ +58.8 pp |
| 2001 | -199.1% | $142.20 Million | $425.29 Million | $794.34 Million | ▲ +29.0 pp |
| 2000 | -228.0% | $155.96 Million | $511.62 Million | $636.77 Million | ▼ -15.1 pp |
| 1999 | -213.0% | $168.20 Million | $526.40 Million | $658.20 Million | ▼ -16.2 pp |
| 1998 | -196.8% | $126.70 Million | $376.00 Million | $469.00 Million | ▼ -11.4 pp |
| 1997 | -185.4% | $92.30 Million | $263.40 Million | $345.10 Million | ▼ -45.1 pp |
| 1996 | -140.2% | $95.20 Million | $228.70 Million | $298.70 Million | ▲ +529.8 pp |
| 1994 | -670.0% | $5.00 Million | $38.50 Million | $68.80 Million | ▼ -734.8 pp |
| 1993 | 64.8% | $7.10 Million | $2.50 Million | $21.40 Million | ▲ +31.5 pp |
| 1992 | 33.3% | $3.90 Million | $2.60 Million | $26.40 Million | ▼ -58.7 pp |
| 1991 | 92.0% | $36.20 Million | $2.90 Million | $41.60 Million | ▲ +0.0 pp |
| 1990 | 92.0% | $36.20 Million | $2.90 Million | $41.60 Million | — |