Gray Television Inc Tangible Net Worth Ratio
Gray Television Inc tangible net worth ratio. Gray Television Inc (GTN) has a Tangible Net Worth Ratio of -95.5% as of September 2025. This metric is calculated by deducting intangible assets ($5.49 Billion) from net assets ($2.81 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. Also explore GTN year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Gray Television Inc (1990–2024)
Tangible net worth ratio of Gray Television Inc from 1990 to 2024. This chart shows how Gray Television Inc's Tangible Net Worth Ratio has changed across 35 annual periods from 1990 to 2024. As of September 2025, the ratio stands at -95.5%, reflecting net assets of $2.81 Billion with intangible assets of $5.49 Billion USD. Check Gray Television Inc (GTN) strategic investment index to assess the company's strategic physical and investment asset allocation.
Gray Television Inc Tangible Net Worth Ratio by Year (1990–2024)
Gray Television Inc tangible net worth ratio by year from 1990 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Gray Television Inc from 1990 to 2024, 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 live market cap and overall valuation, see GTN market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (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 | ▲ +226.4 pp |
| 1995 | -366.7% | $9.00 Million | $42.00 Million | $78.20 Million | ▲ +303.3 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 | — |