Nexstar Broadcasting Financials

NXST Stock  USD 169.75  0.63  0.37%   
Based on the key indicators obtained from Nexstar Broadcasting's historical financial statements, Nexstar Broadcasting Group is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in December. At this time, Nexstar Broadcasting's Other Liabilities is comparatively stable compared to the past year. Accounts Payable is likely to gain to about 246.8 M in 2024, whereas Cash And Short Term Investments are likely to drop slightly above 76.1 M in 2024. Key indicators impacting Nexstar Broadcasting's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.441.5255
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Nexstar Broadcasting includes many different criteria found on its balance sheet. An individual investor should monitor Nexstar Broadcasting's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Nexstar Broadcasting.

Net Income

175.37 Million

  
Understanding current and past Nexstar Broadcasting Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nexstar Broadcasting's financial statements are interrelated, with each one affecting the others. For example, an increase in Nexstar Broadcasting's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Nexstar Broadcasting's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nexstar Broadcasting Group. Check Nexstar Broadcasting's Beneish M Score to see the likelihood of Nexstar Broadcasting's management manipulating its earnings.

Nexstar Broadcasting Stock Summary

Nexstar Broadcasting competes with News Corp, Fox Corp, Liberty Media, AMC Networks, and Marcus. Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas. Nexstar Media operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 11160 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS65336K1034
CUSIP65336K103
LocationTexas; U.S.A
Business Address545 East John
SectorMedia
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.nexstar.tv
Phone972 373 8800
CurrencyUSD - US Dollar

Nexstar Broadcasting Key Financial Ratios

Nexstar Broadcasting Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets14.0B13.4B13.3B12.7B12.1B12.7B
Net Debt8.3B7.5B7.3B6.8B7.0B7.3B
Cash232.1M152.7M190.9M204.1M147M76.1M
Other Assets456.9M6.9B153.1M89.9M103.4M98.2M
Total Liab11.9B10.9B10.4B9.9B9.8B10.3B
Total Current Assets1.4B1.2B1.4B1.6B1.5B1.5B
Other Current Liab138.2M455.2M406.3M471.6M508M533.4M
Other Liab2.4B2.2B2.0B2.0B2.2B2.4B
Accounts Payable157.4M218.4M248.2M197.7M235M246.8M
Long Term Debt8.4B7.6B7.4B6.8B6.7B7.0B
Good Will3.0B3.0B3.1B3.0B2.9B3.1B
Other Current Assets67.2M152.5M200.8M315.4M224M235.2M
Intangible Assets6.2B5.8B5.6B5.3B5.1B5.3B
Retained Earnings778.8M1.5B2.2B3.0B3.2B3.3B
Net Receivables883.9M904.8M1.0B1.1B1.1B1.1B
Inventory22.7M168.6M1.015.6M(88M)(83.6M)
Short Term Debt109.3M57.3M132.8M223.9M218M228.9M
Net Tangible Assets(7.9B)(7.0B)(6.1B)(5.6B)(5.0B)(5.3B)
Capital Surpluse1.4B1.4B1.4B1.3B1.5B959.2M

Nexstar Broadcasting Key Income Statement Accounts

The reason investors look at the income statement is to determine what Nexstar Broadcasting's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense304.4M335.3M282.7M336.6M447M469.4M
Total Revenue3.0B4.5B4.6B5.2B4.9B5.2B
Gross Profit1.7B2.8B2.8B3.2B2.8B2.9B
Operating Income655.1M1.4B1.2B1.3B708M743.4M
Ebit655.1M1.4B1.4B1.6B848M890.4M
Ebitda1.1B2.0B2.0B2.2B1.8B1.9B
Cost Of Revenue1.3B1.7B1.8B2.0B2.2B2.3B
Income Before Tax373.3M1.1B1.1B1.2B401M219.4M
Net Income230.3M811.5M834M971M346M175.4M
Income Tax Expense137.0M296.5M262.9M273.6M131M137.6M
Minority Interest6.0M(3.4M)4.1M27.6M86.6M90.9M
Non Recurring20.0M19.9M63.3M(23.0M)(26.5M)(25.2M)
Tax Provision137.0M296.5M262.9M273.6M150.6M141.5M
Net Interest Income(304.4M)(335.3M)(282.7M)(336.6M)(435.6M)(457.4M)

Nexstar Broadcasting Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash103.6M(79.4M)37.2M13.2M(73M)(69.4M)
Free Cash Flow220.0M1.0B1.1B1.2B850M892.5M
Other Non Cash Items(167.5M)(11.3M)(32.5M)(48.1M)(281M)(267.0M)
Capital Expenditures197.5M217.0M150.8M157.3M149M156.5M
Net Income236.3M808.1M830.4M943.5M346M185.0M
End Period Cash Flow248.7M169.3M206.5M219.7M147M78.2M
Dividends Paid82.8M101.0M118.2M142.2M191M200.6M
Depreciation408.7M564.9M588.5M662.1M941M988.1M
Change To Netincome(74.7M)44.2M233K(139.3M)(125.4M)(119.1M)
Change To Inventory(37.2M)34.2M(122.8M)(90.1M)(81.1M)(77.0M)
Change Receivables30.9M2.2M(16.1M)(118.6M)(106.7M)(101.4M)
Net Borrowings4.5B(893.2M)(270.2M)(479.6M)(551.5M)(524.0M)
Investments(46.7M)42.0M(232.1M)125.2M(800K)(840K)

Nexstar Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nexstar Broadcasting's current stock value. Our valuation model uses many indicators to compare Nexstar Broadcasting value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nexstar Broadcasting competition to find correlations between indicators driving Nexstar Broadcasting's intrinsic value. More Info.
Nexstar Broadcasting Group is considered to be number one stock in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about  0.25  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nexstar Broadcasting Group is roughly  3.95 . At this time, Nexstar Broadcasting's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nexstar Broadcasting by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Nexstar Broadcasting Systematic Risk

Nexstar Broadcasting's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nexstar Broadcasting volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Nexstar Broadcasting correlated with the market. If Beta is less than 0 Nexstar Broadcasting generally moves in the opposite direction as compared to the market. If Nexstar Broadcasting Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nexstar Broadcasting is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nexstar Broadcasting is generally in the same direction as the market. If Beta > 1 Nexstar Broadcasting moves generally in the same direction as, but more than the movement of the benchmark.

Nexstar Broadcasting Thematic Clasifications

Nexstar Broadcasting Group is part of Railroads investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Railroads and Railways. Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public
RailroadsView
This theme covers Railroads and Railways. Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. Get More Thematic Ideas
Today, most investors in Nexstar Broadcasting Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nexstar Broadcasting's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nexstar Broadcasting growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.25)

At this time, Nexstar Broadcasting's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Nexstar Broadcasting November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Nexstar Broadcasting help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nexstar Broadcasting Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nexstar Broadcasting Group based on widely used predictive technical indicators. In general, we focus on analyzing Nexstar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nexstar Broadcasting's daily price indicators and compare them against related drivers.

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.