Gray Media

Gray Media Interest Coverage

The Interest Coverage Ratio of Gray Media (GTN) as of Nov 5, 2026 is 1.75. In the previous year, Interest Coverage Ratio was 0.87 — a change of 101.58% (higher).

Interest Coverage

1.75

YoY

101.58%

Last updated:

Interest Coverage Ratio of Gray Media is 2024 1.75 . Interest Coverage Ratio of Gray Media was 2023 0.87 . It decreases by 101.58% higher compared to the previous year.

The Gray Media Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
3.06 USD
Jan 1, 2018
3.65 USD
Jan 1, 2019
2.11 USD
Jan 1, 2020
3.94 USD
Jan 1, 2021
1.86 USD
Jan 1, 2022
2.80 USD
Jan 1, 2023
0.87 USD
Jan 1, 2024
1.75 USD
The Gray Media Interest Coverage history
YEARInterest CoverageYoY
1.75+101.58%
0.87-68.87%
2.80+50.47%
1.86-52.80%
3.94+86.97%
2.11-42.26%
3.65+19.34%
3.06+26.86%
2.41+27.96%
1.88-15.65%
2.23—

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Gray Media Stock analysis

What does Gray Media 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 Media is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Gray Media stock

Interest Coverage Ratio of Gray Media is 1.75 in 2024.

Interest Coverage Ratio of Gray Media changed from 0.87 to 1.75, representing a 101.58% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Gray Media since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Gray Media with sector peers and the industry average to assess whether it is attractive.

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