GRAY MEDIA, INC Altman Z-Score
GTN|Modified Z-Score (book value) based on FY2025 data
GRAY MEDIA, INC's Altman Z-Score of 0.63 places the company in the "distress zone" used by the Altman model (below 1.23) for FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.63 (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
Distress Zone (< 1.23)
The score is below the 1.23 boundary used in the Altman model.
The Altman Z-Score uses 5 financial ratios. Learn more
Components: book value of equity, working capital, retained earnings, EBIT, and revenue-to-assets — all derived from SEC FY2025 10-K filings.
5-Factor Decomposition
Working Capital / Total Assets
- Ratio
- 0.013
- Weight
- 0.717
- Contribution
- 0.010
Retained Earnings / Total Assets
- Ratio
- 0.115
- Weight
- 0.847
- Contribution
- 0.098
EBIT / Total Assets
- Ratio
- 0.038
- Weight
- 3.107
- Contribution
- 0.117
Book Equity / Total Liabilities
- Ratio
- 0.260
- Weight
- 0.420
- Contribution
- 0.109
Revenue / Total Assets
- Ratio
- 0.296
- Weight
- 0.998
- Contribution
- 0.296
| Component | Ratio | Weight | Contribution |
|---|---|---|---|
| Working Capital / Total Assets | 0.013 | 0.717 | 0.010 |
| Retained Earnings / Total Assets | 0.115 | 0.847 | 0.098 |
| EBIT / Total Assets | 0.038 | 3.107 | 0.117 |
| Book Equity / Total Liabilities | 0.260 | 0.420 | 0.109 |
| Revenue / Total Assets | 0.296 | 0.998 | 0.296 |
| Total Z-Score | 0.63 | ||
As of FY2025 · SEC Form 10-K · Last checked Jun 22, 2026
Z-Score Zones
Safe Zone - score above the 2.9 boundary used in the Altman model.
Grey Zone - score between the 1.23 and 2.9 boundaries used in the Altman model.
Distress Zone - score below the 1.23 boundary used in the Altman model.