Nexstar Debt Equity Ratio from 2010 to 2024

NXST Stock  USD 169.12  2.29  1.37%   
Nexstar Broadcasting Debt Equity Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Equity Ratio will likely drop to 2.84 in 2024. From the period from 2010 to 2024, Nexstar Broadcasting Debt Equity Ratio quarterly data regression had mean square error of  6,386 and mean deviation of  36.98. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
2.99434537
Current Value
2.84
Quarterly Volatility
78.88558172
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nexstar Broadcasting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexstar Broadcasting's main balance sheet or income statement drivers, such as Depreciation And Amortization of 988 M, Interest Expense of 469.4 M or Total Revenue of 5.2 B, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0268 or PTB Ratio of 2.29. Nexstar financial statements analysis is a perfect complement when working with Nexstar Broadcasting Valuation or Volatility modules.
  
Check out the analysis of Nexstar Broadcasting Correlation against competitors.

Latest Nexstar Broadcasting's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Nexstar Broadcasting Group over the last few years. It is Nexstar Broadcasting's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexstar Broadcasting's overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Pretty Stable
   Debt Equity Ratio   
       Timeline  

Nexstar Debt Equity Ratio Regression Statistics

Arithmetic Mean18.26
Coefficient Of Variation431.93
Mean Deviation36.98
Median2.84
Standard Deviation78.89
Sample Variance6,223
Range371
R-Value(0.22)
Mean Square Error6,386
R-Squared0.05
Significance0.44
Slope(3.83)
Total Sum of Squares87,121

Nexstar Debt Equity Ratio History

2024 2.84
2023 2.99
2022 2.55
2021 2.62
2020 3.04
2019 4.18
2018 2.15

About Nexstar Broadcasting Financial Statements

Nexstar Broadcasting shareholders use historical fundamental indicators, such as Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Nexstar Broadcasting investors may analyze each financial statement separately, they are all interrelated. The changes in Nexstar Broadcasting's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nexstar Broadcasting's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Equity Ratio 2.99  2.84 

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Additional Tools for Nexstar Stock Analysis

When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.