Gray Television Stock

Gray Television ROA 2024

Gray Television ROA

-0.01

Ticker

GTN

ISIN

US3893751061

WKN

902961

In 2024, Gray Television's return on assets (ROA) was -0.01, a -133.29% increase from the 0.04 ROA in the previous year.

Gray Television Aktienanalyse

What does Gray Television do?

Gray Television Inc. is an American media company that operates television stations in the United States and also offers digital media platforms. The company was founded in 1946 by James Harrison Gray and is headquartered in Atlanta, Georgia. Gray Television is known for its regional television stations that focus on local news, sports, and other programs. The company currently owns and operates 101 stations in 57 markets, representing 44 states in the U.S. In addition, Gray Television is present with digital platforms such as Raycom Sports Interactive and PureCars. Gray Television has established itself as a leading media company in the U.S. over the past decades. In addition to expanding through acquisitions of other TV stations and companies, the company has also heavily invested in digital technology. Gray Television's strategic focus is consistently on media consolidation and expanding digital platforms due to the challenging environment of today's media market. Gray Television has been successful in expanding for years through the acquisition of regional television and radio stations. One of Gray Television's most successful acquisitions was the purchase of Raycom Media in 2018. This acquisition made Gray Television one of the largest owners and operators of local TV stations in the U.S. The acquisition also allowed Gray Television to reach a broader audience in many markets and add multiple award-winning journalism teams. Another important feature of Gray's strategy is that the company has focused on developing innovative digital platforms. These platforms include interactive applications with social networks, mobile and video content, and a stronger presence in the digital advertising market. To this end, PureCars was acquired in 2015, which offers comprehensive digital marketing technology and services for car dealers and car marketers. Gray Television has also been involved in attracting foreign media companies to the U.S. These efforts occurred when the U.S. federal government relaxed the guidelines for foreign ownership of television stations. The acquisition of KYTV-TV by a Thai investor in 2013 is one of the more well-known acquisitions in this context. The company has also started offering a fly-on-the-wall service in the form of a subscription. With this access, users can observe Gray Television's studio and experience reports up close. In conclusion, Gray Television Inc. has been successful as a media company for many years. Through the expansion of its national television and radio network and the expansion of digital platforms, Gray Television has shown that the company has capitalized on the opportunities and challenges of the media market and is working to secure its place in the future of television. Gray Television ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Gray Television's Return on Assets (ROA)

Gray Television's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Gray Television's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Gray Television's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Gray Television’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Gray Television stock

What is the Return on Assets (ROA) of Gray Television this year?

The Return on Assets (ROA) of Gray Television is -0.01 undefined this year.

What was the ROA of Gray Television compared to the previous year?

The ROA of Gray Television has increased by -133.29% compared to the previous year.

What consequences do high ROA have for investors of Gray Television?

A high ROA is advantageous for investors of Gray Television, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Gray Television?

A low ROA can be unfavorable for investors of Gray Television as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Gray Television affect the company?

An increase in ROA of Gray Television can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Gray Television impact the company?

A reduction in the ROA of Gray Television can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Gray Television?

Some factors that can influence the ROA of Gray Television include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Gray Television important for investors?

The ROA of Gray Television is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Gray Television take to improve ROA?

To improve ROA, Gray Television can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Gray Television pay?

Over the past 12 months, Gray Television paid a dividend of 0.32 USD . This corresponds to a dividend yield of about 5.88 %. For the coming 12 months, Gray Television is expected to pay a dividend of 0.35 USD.

What is the dividend yield of Gray Television?

The current dividend yield of Gray Television is 5.88 %.

When does Gray Television pay dividends?

Gray Television pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Gray Television?

Gray Television paid dividends every year for the past 2 years.

What is the dividend of Gray Television?

For the upcoming 12 months, dividends amounting to 0.35 USD are expected. This corresponds to a dividend yield of 6.47 %.

In which sector is Gray Television located?

Gray Television is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Gray Television kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gray Television from 9/30/2024 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Gray Television pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of Gray Television in the year 2023?

In the year 2023, Gray Television distributed 0.32 USD as dividends.

In which currency does Gray Television pay out the dividend?

The dividends of Gray Television are distributed in USD.

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Andere Kennzahlen von Gray Television

Our stock analysis for Gray Television Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gray Television Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.