Gray Media, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $368.0M | $135.0M | $21.0M | $61.0M | $189.0M | $773.0M | $212.0M | $667.0M |
| Accounts Receivable | $205.0M | $337.0M | $342.0M | $650.0M | $624.0M | $425.0M | $411.0M | $184.0M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $656.0M | $541.0M | $468.0M | $857.0M | $963.0M | $1.30B | $672.0M | $873.0M |
| Property, Plant & Equipment | $1.51B | $1.58B | $1.60B | $1.47B | $1.17B | $737.0M | $725.0M | $363.0M |
| Goodwill | $2.64B | $2.64B | $2.64B | $2.66B | $2.65B | $1.46B | $1.45B | $612.0M |
| Intangible Assets (Excl. Goodwill) | $157.0M | $290.0M | $415.0M | $636.0M | $825.0M | $395.0M | $460.0M | $53.0M |
| Total Assets | $10.44B | $10.54B | $10.64B | $11.15B | $11.11B | $7.64B | $6.97B | $4.21B |
| Liabilities | ||||||||
| Accounts Payable | $144.0M | $154.0M | $23.0M | $55.0M | $59.0M | $10.0M | $11.0M | $8.0M |
| Total Current Liabilities | $516.0M | $527.0M | $395.0M | $409.0M | $384.0M | $255.0M | $246.0M | $150.0M |
| Long-Term Debt | $5.74B | $5.60B | $6.15B | $6.44B | $6.74B | $3.97B | $3.70B | $2.55B |
| Total Liabilities | $7.64B | $7.61B | $8.02B | $8.39B | $8.70B | $5.24B | $4.86B | $3.03B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $1.21B | $1.38B | $1.08B | $1.24B | $869.0M | $862.0M | $504.0M | $372.0M |
| Total Stockholders' Equity | $2.16B | $2.28B | $1.97B | $2.12B | $1.76B | $1.75B | $1.46B | $1.19B |