Gray Media, Inc. (GTN)

Solvency & Capital Structure

Total Debt

$5.81B

Net Debt

$5.55B

Gray Media, Inc. currently has $5.81B in total debt. Net debt is $5.55B after cash offsets.

Financial Fundamentals

GTN • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	5.81	0.26	5.55	10.32	56.3%
2025-12-31	5.81	0.37	5.45	10.44	55.7%
2025-09-30	6.42	0.18	6.24	10.32	62.3%
2025-06-30	5.66	0.20	5.46	10.35	54.7%
2025-03-31	5.71	0.21	5.50	10.44	54.8%
2024-12-31	5.69	0.14	5.56	10.54	54.0%
2024-09-30	5.96	0.07	5.90	10.63	56.1%
2024-06-30	6.21	0.07	6.14	10.63	58.4%
2024-03-31	6.23	0.13	6.09	10.73	58.0%
2023-12-31	6.24	0.02	6.22	10.64	58.6%
2023-09-30	6.27	0.02	6.25	10.73	58.4%
2023-06-30	6.29	0.04	6.26	10.81	58.2%
2023-03-31	6.25	0.06	6.19	10.85	57.6%
2022-12-31	6.53	0.06	6.47	11.15	58.6%
2022-09-30	6.68	0.14	6.54	11.18	59.7%
2022-06-30	6.78	0.16	6.62	11.12	60.9%
2022-03-31	6.83	0.25	6.58	11.13	61.3%
2021-12-31	6.83	0.19	6.64	11.11	61.5%
2021-09-30	4.04	0.32	3.72	7.78	51.9%
2021-06-30	4.04	0.79	3.25	7.67	52.6%
2021-03-31	4.04	0.82	3.22	7.66	52.7%
2020-12-31	4.03	0.77	3.26	7.64	52.8%
2020-09-30	3.77	0.47	3.30	7.22	52.1%
2020-06-30	3.76	0.38	3.38	7.04	53.5%
2020-03-31	3.76	0.30	3.47	7.03	53.5%
2019-12-31	3.75	0.21	3.54	6.97	53.8%
2019-09-30	3.95	0.33	3.62	7.10	55.6%
2019-06-30	3.96	0.25	3.71	7.00	56.6%
2019-03-31	3.97	0.23	3.75	7.00	56.8%
2018-12-31	2.55	0.67	1.88	4.21	60.5%
2018-09-30	1.80	0.55	1.25	3.34	53.9%
2018-06-30	1.84	0.51	1.33	3.30	55.6%
2018-03-31	1.84	0.44	1.39	3.23	56.8%
2017-12-31	1.84	0.46	1.38	3.26	56.3%
2017-09-30	1.84	0.17	1.67	3.01	61.0%
2017-06-30	1.84	0.04	1.80	2.97	61.9%
2017-03-31	1.75	0.02	1.73	2.77	63.4%
2016-12-31	1.76	0.33	1.43	2.78	63.1%
2016-09-30	1.76	0.23	1.53	2.72	64.5%
2016-06-30	1.71	0.18	1.53	2.65	64.5%
2016-03-31	1.64	0.12	1.52	2.56	64.0%
2015-12-31	1.24	0.10	1.14	2.14	57.7%
2015-09-30	1.24	0.08	1.15	2.09	59.1%
2015-06-30	1.24	0.22	1.01	2.05	60.4%
2015-03-31	1.24	0.22	1.01	2.05	60.3%
2014-12-31	1.24	0.03	1.21	1.87	66.1%
2014-09-30	1.31	0.08	1.23	1.93	67.6%
2014-06-30	1.21	0.07	1.14	1.72	70.1%
2014-03-31	0.84	0.03	0.82	1.35	62.6%
2013-12-31	0.84	0.01	0.83	1.33	63.2%
2013-09-30	0.83	0.04	0.79	1.29	64.8%
2013-06-30	0.83	0.02	0.81	1.26	66.2%
2013-03-31	0.83	0.02	0.81	1.26	66.3%
2012-12-31	0.83	0.01	0.82	1.25	66.6%
2012-09-30	0.82	0.05	0.77	1.27	64.4%
2012-06-30	0.82	0.03	0.79	1.25	65.9%
2012-03-31	0.82	0.02	0.81	1.24	66.5%
2011-12-31	0.83	0.01	0.83	1.23	67.4%
2011-09-30	0.82	0.01	0.81	1.24	66.6%
2011-06-30	0.82	0.00	0.82	1.23	67.2%
2011-03-31	0.83	0.01	0.82	1.24	66.6%
2010-12-31	0.83	0.01	0.82	1.24	66.5%
2010-09-30	0.85	0.02	0.83	1.25	67.6%
2010-06-30	0.85	0.02	0.83	1.24	68.4%
2010-03-31	0.80	0.01	0.79	1.24	65.0%
2009-12-31	0.79	0.02	0.78	1.25	63.6%
2009-09-30	0.79	0.01	0.79	1.24	64.0%
2009-06-30	0.80	0.01	0.79	1.23	64.5%
2009-03-31	0.81	0.01	0.80	1.25	65.0%
2008-12-31	0.80	0.03	0.77	1.28	62.6%
2008-09-30	0.83	0.03	0.80	1.63	51.0%
2008-06-30	0.86	0.03	0.83	1.61	53.1%
2008-03-31	0.93	0.02	0.91	1.61	58.0%
2007-12-31	0.93	0.02	0.91	1.63	56.9%
2007-09-30	0.93	0.00	0.92	1.62	57.3%
2007-06-30	0.93	0.00	0.93	1.61	57.5%
2007-03-31	0.87	0.00	0.87	1.61	54.2%
2006-12-31	0.85	0.00	0.85	1.63	52.3%
2006-09-30	0.86	0.00	0.85	1.63	52.5%
2006-06-30	0.86	0.01	0.85	1.63	52.7%
2006-03-31	0.87	0.01	0.86	1.62	53.4%
2005-12-31	0.79	0.01	0.78	1.53	52.0%
2005-09-30	0.65	0.00	0.64	1.35	47.8%
2005-06-30	0.64	0.01	0.63	1.34	47.3%
2005-03-31	0.65	0.04	0.62	1.37	47.9%
2004-12-31	0.66	0.05	0.61	1.37	47.8%
2004-09-30	0.67	0.06	0.61	1.37	48.7%
2004-06-30	0.66	0.03	0.63	1.34	49.4%
2004-03-31	0.65	0.02	0.63	1.33	49.3%
2003-12-31	0.67	0.01	0.65	1.33	50.2%
2003-09-30	0.67	0.01	0.66	1.29	51.8%
2003-06-30	0.66	0.01	0.65	1.29	51.5%
2003-03-31	0.66	0.02	0.64	1.29	51.5%
2002-12-31	0.67	0.01	0.66	1.30	51.6%
2002-09-30	0.38	0.02	0.36	0.61	62.4%
2002-06-30	0.38	0.02	0.36	0.60	63.6%
2002-03-31	0.39	0.00	0.39	0.58	67.7%
2001-12-31	0.55	0.00	0.55	0.79	69.4%
2001-09-30	0.38	0.00	0.37	0.62	60.9%
2001-06-30	0.37	0.00	0.37	0.62	59.9%
2001-03-31	0.37	0.00	0.37	0.62	59.6%
2000-12-31	0.38	0.00	0.38	0.64	59.4%
2000-09-30	0.38	0.00	0.38	0.64	59.0%
2000-06-30	0.38	0.00	0.38	0.64	59.1%
2000-03-31	0.38	0.00	0.38	0.65	58.7%
1999-12-31	0.39	0.00	0.38	0.66	58.6%
1999-09-30	0.29	0.00	0.29	0.48	60.5%
1999-06-30	0.29	0.01	0.29	0.48	60.9%
1999-03-31	0.28	0.00	0.28	0.48	59.0%
1998-12-31	0.27	0.00	0.27	0.47	58.4%
1998-09-30	0.27	0.00	0.27	0.47	56.7%
1998-06-30	0.23	0.00	0.22	0.34	66.0%
1998-03-31	0.22	0.00	0.22	0.34	64.7%
1997-12-31	0.23	0.00	0.22	0.35	65.8%
1997-09-30	0.22	0.00	0.22	0.35	63.8%
1997-06-30	0.18	0.00	0.18	0.30	59.7%
1997-03-31	0.17	0.00	0.17	0.30	57.0%
1996-12-31	0.17	0.00	0.17	0.30	58.0%
1996-09-30	0.18	0.01	0.18	0.30	61.3%
1996-06-30	0.08	0.00	0.08	0.11	74.2%