Nexstar Broadcasting Group Stock Total Asset

NXST Stock  USD 169.12  2.29  1.37%   
Nexstar Broadcasting Group fundamentals help investors to digest information that contributes to Nexstar Broadcasting's financial success or failures. It also enables traders to predict the movement of Nexstar Stock. The fundamental analysis module provides a way to measure Nexstar Broadcasting's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nexstar Broadcasting stock.
Last ReportedProjected for Next Year
Total Assets12.1 B12.7 B
Intangibles To Total Assets 0.66  0.72 
Total Assets is likely to gain to about 12.7 B in 2024. Intangibles To Total Assets is likely to gain to 0.72 in 2024.
  
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Nexstar Broadcasting Group Company Total Asset Analysis

Nexstar Broadcasting's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Nexstar Broadcasting Total Asset

    
  12.08 B  
Most of Nexstar Broadcasting's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexstar Broadcasting Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nexstar Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Nexstar Broadcasting is extremely important. It helps to project a fair market value of Nexstar Stock properly, considering its historical fundamentals such as Total Asset. Since Nexstar Broadcasting's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nexstar Broadcasting's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nexstar Broadcasting's interrelated accounts and indicators.
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Nexstar Total Asset Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Nexstar Broadcasting total asset as a starting point in their analysis.
   Nexstar Broadcasting Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Nexstar Total Assets

Total Assets

12.68 Billion

At this time, Nexstar Broadcasting's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Nexstar Broadcasting Group has a Total Asset of 12.08 B. This is 56.3% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The total asset for all United States stocks is 59.01% higher than that of the company.

Nexstar Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexstar Broadcasting's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nexstar Broadcasting could also be used in its relative valuation, which is a method of valuing Nexstar Broadcasting by comparing valuation metrics of similar companies.
Nexstar Broadcasting is currently under evaluation in total asset category among its peers.

Nexstar Broadcasting ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nexstar Broadcasting's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nexstar Broadcasting's managers, analysts, and investors.
Environmental
Governance
Social

Nexstar Broadcasting Institutional Holders

Institutional Holdings refers to the ownership stake in Nexstar Broadcasting that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nexstar Broadcasting's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nexstar Broadcasting's value.
Shares
Citadel Advisors Llc2024-06-30
683.9 K
Capital Research Global Investors2024-09-30
610.1 K
Fuller & Thaler Asset Management Inc2024-09-30
609.6 K
Channing Capital Management, Llc2024-09-30
569 K
Copeland Capital Management, Llc2024-09-30
547.7 K
Jpmorgan Chase & Co2024-06-30
522.3 K
Bank Of New York Mellon Corp2024-06-30
418.8 K
Ameriprise Financial Inc2024-06-30
406.7 K
Brown Advisory Holdings Inc2024-09-30
381.1 K
Vanguard Group Inc2024-09-30
3.2 M
Blackrock Inc2024-06-30
2.9 M

Nexstar Fundamentals

About Nexstar Broadcasting Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nexstar Broadcasting Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexstar Broadcasting using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexstar Broadcasting Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.