Granite Broadcasting Corporation
Granite Broadcasting Corporation is a market leading owner of local media properties. The company's operations include broadcast TV affiliates, local cable TV channels, and local online and mobile media properties. Network affiliations include NBC, CBS, ABC, The CW and My Network TV, collectively reaching over 6% of U.S. television households. Granite's local media operations are characterized by… Read more
Granite Broadcasting Corporation (GRRP) - Total Assets
Latest total assets as of September 2006: $443.56 Million USD
Based on the latest financial reports, Granite Broadcasting Corporation (GRRP) holds total assets worth $443.56 Million USD as of September 2006.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Granite Broadcasting Corporation - Total Assets Trend (2000–2005)
This chart illustrates how Granite Broadcasting Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Granite Broadcasting Corporation - Asset Composition Analysis
Current Asset Composition (December 2005)
Granite Broadcasting Corporation's total assets of $443.56 Million consist of 44.7% current assets and 55.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.1% |
| Accounts Receivable | $27.27 Million | 6.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $41.69 Million | 10.3% |
| Intangible Assets | $109.94 Million | 27.1% |
| Goodwill | $60.32 Million | 14.9% |
Asset Composition Trend (2000–2005)
This chart illustrates how Granite Broadcasting Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Granite Broadcasting Corporation's current assets represent 44.7% of total assets in 2005, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2005, up from 1.3% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 41.0% of total assets, a decrease from 78.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 27.1% of total assets.
Granite Broadcasting Corporation Competitors by Total Assets
Key competitors of Granite Broadcasting Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Radio and Television Information Network Co Ltd
SHE:000665
|
China | CN¥9.94 Billion |
|
H&R Century Union Corp
SHE:000892
|
China | CN¥1.68 Billion |
|
Shenzhen Topway Video Communication Co Ltd
SHE:002238
|
China | CN¥4.00 Billion |
|
Galaxia SM Inc
KO:011420
|
Korea | ₩89.84 Billion |
|
LG HelloVision Corp
KO:037560
|
Korea | ₩1.26 Trillion |
|
Kt Skylife
KO:053210
|
Korea | ₩989.86 Billion |
|
KMH Co. Ltd
KQ:122450
|
Korea | ₩872.63 Billion |
|
Aniplus Inc
KQ:310200
|
Korea | ₩289.02 Billion |
Granite Broadcasting Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Granite Broadcasting Corporation generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Granite Broadcasting Corporation is currently not profitable relative to its asset base.
Granite Broadcasting Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.41 | 2.15 | 2.15 |
| Quick Ratio | 0.41 | 2.15 | 2.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-82.31 Million | $ 97.11 Million | $ 97.11 Million |
Granite Broadcasting Corporation - Advanced Valuation Insights
This section examines the relationship between Granite Broadcasting Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.6% |
| Total Assets | $405.84 Million |
| Market Capitalization | $1.99K USD |
Valuation Analysis
Below Book Valuation: The market values Granite Broadcasting Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Granite Broadcasting Corporation's assets decreased by 5.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Granite Broadcasting Corporation (2000–2005)
The table below shows the annual total assets of Granite Broadcasting Corporation from 2000 to 2005.
| Year | Total Assets | Change |
|---|---|---|
| 2005-12-31 | $405.84 Million | -5.60% |
| 2004-12-31 | $429.93 Million | -14.71% |
| 2003-12-31 | $504.10 Million | +6.76% |
| 2002-12-31 | $472.18 Million | -35.41% |
| 2001-12-31 | $731.10 Million | -0.14% |
| 2000-12-31 | $732.09 Million | -- |