Gray Television, Inc.

NYSE GTN

Gray Television, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 2.43

Gray Television, Inc. Debt to Equity Ratio is 2.43 for the Trailing 12 Months (TTM) ending September 30, 2024, a 2.34% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Gray Television, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 2.37, a -13.15% change year over year.
Gray Television, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 2.73, a 64.40% change year over year.
Gray Television, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 1.66, a -5.21% change year over year.
Gray Television, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 1.75, a -12.20% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NYSE: GTN

Gray Television, Inc.

CEO	Mr. Hilton Hatchett Howell Jr.
IPO Date	Aug. 30, 2002
Location	United States
Headquarters	4370 Peachtree Road, NE
Employees	9,374
Sector	Communication Services
Industries Television Networks Publishing & Broadcasting Streaming Services

Description

Gray Television, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital assets that serve 113 television markets in the United States. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

Key trends

Past 5 years