Nexstar Gross Profit Margin vs Total Cash From Operating Activities Analysis

NXST Stock

USD 171.15 0.86 0.51%

Nexstar Broadcasting financial indicator trend analysis is infinitely more than just investigating Nexstar Broadcasting recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexstar Broadcasting is a good investment. Please check the relationship between Nexstar Broadcasting Gross Profit Margin and its Total Cash From Operating Activities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Gross Profit Margin vs Total Cash From Operating Activities

Gross Profit Margin vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexstar Broadcasting Gross Profit Margin account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Nexstar Broadcasting's Gross Profit Margin and Total Cash From Operating Activities is -0.34. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Nexstar Broadcasting Group, assuming nothing else is changed. The correlation between historical values of Nexstar Broadcasting's Gross Profit Margin and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Nexstar Broadcasting Group are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Gross Profit Margin i.e., Nexstar Broadcasting's Gross Profit Margin and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Gross Profit Margin

Total Cash From Operating Activities

Most indicators from Nexstar Broadcasting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexstar Broadcasting current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Nexstar Broadcasting's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.29 in 2024, whereas Tax Provision is likely to drop slightly above 141.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.8B	3.2B	2.8B	2.9B
Total Revenue	4.6B	5.2B	4.9B	5.2B

Gross Profit Total Revenue

Nexstar Broadcasting fundamental ratios Correlations

	Total Assets	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Long Term Debt	Good Will	Other Current Assets	Other Stockholder Equity	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other
Total Assets		1.0	0.8	0.3	0.8	0.72	1.0	0.97	0.85	0.97	0.97	0.99	0.93	1.0	0.99	0.74	-0.2	1.0	-0.3	0.98	1.0	0.98	0.0	0.86	1.0	0.7
Net Debt	1.0		0.8	0.3	0.8	0.73	1.0	0.97	0.84	0.97	0.95	0.99	0.93	1.0	0.98	0.72	-0.19	0.99	-0.35	0.98	1.0	0.98	0.01	0.84	1.0	0.72
Cash	0.8	0.8		0.16	1.0	0.81	0.8	0.78	0.51	0.74	0.78	0.74	0.65	0.81	0.78	0.54	0.13	0.81	-0.41	0.72	0.8	0.71	0.23	0.55	0.8	0.76
Other Assets	0.3	0.3	0.16		0.16	0.29	0.31	0.16	0.28	0.16	0.26	0.3	0.29	0.32	0.25	0.05	0.24	0.31	-0.01	0.25	0.3	0.33	0.37	0.09	0.32	0.41
Cash And Short Term Investments	0.8	0.8	1.0	0.16		0.81	0.8	0.78	0.51	0.74	0.78	0.74	0.65	0.81	0.78	0.54	0.13	0.81	-0.41	0.72	0.8	0.71	0.23	0.55	0.8	0.76
Common Stock Shares Outstanding	0.72	0.73	0.81	0.29	0.81		0.71	0.69	0.45	0.65	0.72	0.64	0.51	0.73	0.74	0.49	0.43	0.74	-0.64	0.61	0.72	0.64	0.41	0.37	0.72	0.72
Total Liab	1.0	1.0	0.8	0.31	0.8	0.71		0.97	0.84	0.97	0.96	0.99	0.93	1.0	0.98	0.72	-0.19	1.0	-0.31	0.98	1.0	0.97	0.02	0.84	1.0	0.73
Total Current Assets	0.97	0.97	0.78	0.16	0.78	0.69	0.97		0.9	0.99	0.97	0.96	0.92	0.96	0.98	0.85	-0.3	0.97	-0.35	0.97	0.97	0.96	-0.16	0.9	0.97	0.59
Other Current Liab	0.85	0.84	0.51	0.28	0.51	0.45	0.84	0.9		0.89	0.88	0.87	0.9	0.83	0.87	0.9	-0.5	0.84	-0.23	0.9	0.84	0.91	-0.35	0.93	0.85	0.32
Total Current Liabilities	0.97	0.97	0.74	0.16	0.74	0.65	0.97	0.99	0.89		0.94	0.97	0.9	0.97	0.97	0.81	-0.31	0.97	-0.31	0.96	0.97	0.96	-0.15	0.89	0.97	0.62
Total Stockholder Equity	0.97	0.95	0.78	0.26	0.78	0.72	0.96	0.97	0.88	0.94		0.95	0.92	0.95	0.99	0.8	-0.21	0.97	-0.28	0.95	0.96	0.96	-0.05	0.88	0.97	0.58
Other Liab	0.99	0.99	0.74	0.3	0.74	0.64	0.99	0.96	0.87	0.97	0.95		0.95	0.99	0.97	0.71	-0.28	0.99	-0.27	0.99	0.99	0.99	-0.07	0.88	0.99	0.68
Accounts Payable	0.93	0.93	0.65	0.29	0.65	0.51	0.93	0.92	0.9	0.9	0.92	0.95		0.92	0.91	0.69	-0.45	0.92	-0.26	0.98	0.93	0.97	-0.19	0.93	0.93	0.5
Long Term Debt	1.0	1.0	0.81	0.32	0.81	0.73	1.0	0.96	0.83	0.97	0.95	0.99	0.92		0.98	0.71	-0.16	0.99	-0.33	0.97	1.0	0.97	0.04	0.83	1.0	0.74
Good Will	0.99	0.98	0.78	0.25	0.78	0.74	0.98	0.98	0.87	0.97	0.99	0.97	0.91	0.98		0.78	-0.19	0.99	-0.31	0.96	0.98	0.97	-0.03	0.86	0.99	0.64
Other Current Assets	0.74	0.72	0.54	0.05	0.54	0.49	0.72	0.85	0.9	0.81	0.8	0.71	0.69	0.71	0.78		-0.36	0.73	-0.24	0.74	0.72	0.74	-0.34	0.8	0.72	0.25
Other Stockholder Equity	-0.2	-0.19	0.13	0.24	0.13	0.43	-0.19	-0.3	-0.5	-0.31	-0.21	-0.28	-0.45	-0.16	-0.19	-0.36		-0.16	-0.18	-0.36	-0.19	-0.31	0.88	-0.65	-0.18	0.38
Intangible Assets	1.0	0.99	0.81	0.31	0.81	0.74	1.0	0.97	0.84	0.97	0.97	0.99	0.92	0.99	0.99	0.73	-0.16		-0.31	0.97	0.99	0.97	0.03	0.84	1.0	0.72
Common Stock	-0.3	-0.35	-0.41	-0.01	-0.41	-0.64	-0.31	-0.35	-0.23	-0.31	-0.28	-0.27	-0.26	-0.33	-0.31	-0.24	-0.18	-0.31		-0.31	-0.33	-0.32	-0.04	-0.18	-0.31	-0.24
Property Plant Equipment	0.98	0.98	0.72	0.25	0.72	0.61	0.98	0.97	0.9	0.96	0.95	0.99	0.98	0.97	0.96	0.74	-0.36	0.97	-0.31		0.98	0.99	-0.13	0.92	0.98	0.59
Short Long Term Debt Total	1.0	1.0	0.8	0.3	0.8	0.72	1.0	0.97	0.84	0.97	0.96	0.99	0.93	1.0	0.98	0.72	-0.19	0.99	-0.33	0.98		0.98	0.01	0.84	1.0	0.72
Property Plant And Equipment Net	0.98	0.98	0.71	0.33	0.71	0.64	0.97	0.96	0.91	0.96	0.96	0.99	0.97	0.97	0.97	0.74	-0.31	0.97	-0.32	0.99	0.98		-0.1	0.9	0.98	0.6
Current Deferred Revenue	0.0	0.01	0.23	0.37	0.23	0.41	0.02	-0.16	-0.35	-0.15	-0.05	-0.07	-0.19	0.04	-0.03	-0.34	0.88	0.03	-0.04	-0.13	0.01	-0.1		-0.48	0.02	0.58
Retained Earnings	0.86	0.84	0.55	0.09	0.55	0.37	0.84	0.9	0.93	0.89	0.88	0.88	0.93	0.83	0.86	0.8	-0.65	0.84	-0.18	0.92	0.84	0.9	-0.48		0.85	0.27
Non Current Assets Total	1.0	1.0	0.8	0.32	0.8	0.72	1.0	0.97	0.85	0.97	0.97	0.99	0.93	1.0	0.99	0.72	-0.18	1.0	-0.31	0.98	1.0	0.98	0.02	0.85		0.72
Non Currrent Assets Other	0.7	0.72	0.76	0.41	0.76	0.72	0.73	0.59	0.32	0.62	0.58	0.68	0.5	0.74	0.64	0.25	0.38	0.72	-0.24	0.59	0.72	0.6	0.58	0.27	0.72

Click cells to compare fundamentals

Nexstar Broadcasting Account Relationship Matchups

Nexstar Broadcasting fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.0B	13.4B	13.3B	12.7B	12.1B	12.7B
Net Debt	8.3B	7.5B	7.3B	6.8B	7.0B	7.3B
Cash	232.1M	152.7M	190.9M	204.1M	147M	76.1M
Other Assets	456.9M	6.9B	153.1M	89.9M	103.4M	98.2M
Cash And Short Term Investments	232.1M	152.7M	190.9M	204.1M	147M	76.1M
Common Stock Shares Outstanding	47.9M	46.7M	44.0M	40.2M	35.8M	32.9M
Liabilities And Stockholders Equity	14.0B	13.4B	13.3B	12.7B	12.1B	12.7B
Total Liab	11.9B	10.9B	10.4B	9.9B	9.8B	10.3B
Total Current Assets	1.4B	1.2B	1.4B	1.6B	1.5B	1.5B
Other Current Liab	138.2M	455.2M	406.3M	471.6M	508M	533.4M
Total Current Liabilities	947.6M	730.9M	787.3M	893.2M	961M	1.0B
Total Stockholder Equity	2.0B	2.5B	2.9B	2.7B	2.3B	2.4B
Other Liab	2.4B	2.2B	2.0B	2.0B	2.2B	2.4B
Accounts Payable	157.4M	218.4M	248.2M	197.7M	235M	246.8M
Long Term Debt	8.4B	7.6B	7.4B	6.8B	6.7B	7.0B
Good Will	3.0B	3.0B	3.1B	3.0B	2.9B	3.1B
Other Current Assets	67.2M	152.5M	200.8M	315.4M	224M	235.2M
Other Stockholder Equity	1.2B	995.4M	504.1M	(319.5M)	(890M)	(845.5M)
Intangible Assets	6.2B	5.8B	5.6B	5.3B	5.1B	5.3B
Property Plant Equipment	1.5B	1.6B	1.8B	1.6B	1.8B	1.9B
Short Long Term Debt Total	8.5B	7.7B	7.5B	7.0B	7.1B	7.5B
Property Plant And Equipment Net	1.3B	1.6B	1.5B	1.3B	1.6B	1.6B
Current Deferred Revenue	542.7M	412.7M	392.8M	(420M)	(483M)	(458.9M)
Retained Earnings	778.8M	1.5B	2.2B	3.0B	3.2B	3.3B
Non Current Assets Total	12.6B	12.2B	11.9B	11.1B	10.6B	11.1B
Non Currrent Assets Other	692.2M	422.7M	285.0M	178.3M	96M	122.2M
Net Receivables	883.9M	904.8M	1.0B	1.1B	1.1B	1.1B
Non Current Liabilities Total	11.0B	10.1B	9.6B	9.0B	8.8B	9.2B
Inventory	22.7M	168.6M	1.0	15.6M	(88M)	(83.6M)
Property Plant And Equipment Gross	1.3B	1.6B	2.3B	2.1B	2.2B	2.3B
Accumulated Other Comprehensive Income	19.9M	34.5M	141.7M	26.9M	1M	1.1M
Short Term Debt	109.3M	57.3M	132.8M	223.9M	218M	228.9M
Net Tangible Assets	(7.9B)	(7.0B)	(6.1B)	(5.6B)	(5.0B)	(5.3B)
Retained Earnings Total Equity	620.4M	778.8M	1.5B	2.2B	2.5B	2.7B
Capital Surpluse	1.4B	1.4B	1.4B	1.3B	1.5B	959.2M
Non Current Liabilities Other	894.7M	815.9M	523.3M	583.6M	571M	379.6M
Noncontrolling Interest In Consolidated Entity	16.2M	22.0M	18.5M	7.1M	8.2M	7.7M

Thematic Opportunities

Explore Investment Opportunities

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.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC