Financial Statements

Gray Television, Inc. (GTN)

$17.13

+0.23 (+1.36%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 862504372162-
Net Income 90410179211262
Stock Dividends ---8--100
Dividend Paid -83-52-39--
Retained Earnings 869862504372162

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 794775363351-
Annual Depreciation 64812952282385
Capital Expenditure -207-110-110-70-35
Net PPE 1,235794775363351

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -6116121,4461,460
New Purchases -----
Intangible and Goodwill 6116121,4461,4602,649

Gray Television, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Gray Television, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.