Nexstar Media Group Balance Sheet Health
Financial Health criteria checks 2/6
Nexstar Media Group has a total shareholder equity of $2.2B and total debt of $6.7B, which brings its debt-to-equity ratio to 299%. Its total assets and total liabilities are $11.7B and $9.5B respectively. Nexstar Media Group's EBIT is $1.2B making its interest coverage ratio 2.5. It has cash and short-term investments of $181.0M.
Key information
299.0%
Debt to equity ratio
US$6.70b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$181.00m |
| Equity | US$2.24b |
| Total liabilities | US$9.45b |
| Total assets | US$11.69b |
Recent financial health updates
Nexstar Media Group (NASDAQ:NXST) Has A Somewhat Strained Balance Sheet
Jan 06
These 4 Measures Indicate That Nexstar Media Group (NASDAQ:NXST) Is Using Debt Extensively
Oct 04Nexstar Media Group (NASDAQ:NXST) Seems To Be Using A Lot Of Debt
May 02Here's Why Nexstar Media Group (NASDAQ:NXST) Is Weighed Down By Its Debt Load
Jan 14Is Nexstar Media Group (NASDAQ:NXST) A Risky Investment?
Aug 23Recent updates
Nexstar Media Group's (NASDAQ:NXST) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 01Nexstar Media Group (NASDAQ:NXST) Has A Somewhat Strained Balance Sheet
Jan 06There's Been No Shortage Of Growth Recently For Nexstar Media Group's (NASDAQ:NXST) Returns On Capital
Dec 19Nexstar's Interactive Television, M&A, And Why It's A Buy
Dec 09Is It Too Late To Consider Buying Nexstar Media Group, Inc. (NASDAQ:NXST)?
Dec 03Nexstar Media: Political Advertising, Buybacks Should Provide A Promising Seasonal Entry Point
Oct 29Nexstar Media Group, Inc.'s (NASDAQ:NXST) Subdued P/E Might Signal An Opportunity
Oct 20These 4 Measures Indicate That Nexstar Media Group (NASDAQ:NXST) Is Using Debt Extensively
Oct 04Nexstar Media Group (NASDAQ:NXST) Is Reinvesting At Lower Rates Of Return
Sep 19Is There Now An Opportunity In Nexstar Media Group, Inc. (NASDAQ:NXST)?
Sep 04Nexstar Media: Earnings Poised To Inflect, Potential $50 Of FCF/Share On The Horizon
Jul 15Nexstar Media Group, Inc. (NASDAQ:NXST) Doing What It Can To Lift Shares
Jun 26Capital Allocation Trends At Nexstar Media Group (NASDAQ:NXST) Aren't Ideal
Jun 10Should You Investigate Nexstar Media Group, Inc. (NASDAQ:NXST) At US$158?
May 26Nexstar Media Stock: Time To Sell And Never Look Back
May 17Nexstar Media Group (NASDAQ:NXST) Seems To Be Using A Lot Of Debt
May 02Nexstar Media: Political Advertising Revenue Could Aid Earnings Growth
Mar 07Is Now The Time To Look At Buying Nexstar Media Group, Inc. (NASDAQ:NXST)?
Feb 23Nexstar Media Group (NASDAQ:NXST) Is Paying Out A Larger Dividend Than Last Year
Jan 29Nexstar Media: TV Station Operator Expecting Ad Boost From 2024 Election Cycle
Jan 28Here's Why Nexstar Media Group (NASDAQ:NXST) Is Weighed Down By Its Debt Load
Jan 14Potential Upside For Nexstar Media Group, Inc. (NASDAQ:NXST) Not Without Risk
Dec 22Nexstar Media Group's (NASDAQ:NXST) Conservative Accounting Might Explain Soft Earnings
Nov 15Why Nexstar Media Group, Inc. (NASDAQ:NXST) Could Be Worth Watching
Sep 13Is Nexstar Media Group (NASDAQ:NXST) A Risky Investment?
Aug 23Nexstar Media Group (NASDAQ:NXST) Is Increasing Its Dividend To $1.35
Aug 01Financial Position Analysis
Short Term Liabilities: NXST's short term assets ($1.4B) exceed its short term liabilities ($846.0M).
Long Term Liabilities: NXST's short term assets ($1.4B) do not cover its long term liabilities ($8.6B).
Debt to Equity History and Analysis
Debt Level: NXST's net debt to equity ratio (290.9%) is considered high.
Reducing Debt: NXST's debt to equity ratio has reduced from 437.7% to 299% over the past 5 years.
Debt Coverage: NXST's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: NXST's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 17:37 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nexstar Media Group, Inc. is covered by 31 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Patrick Sholl | Barrington Research Associates, Inc. |
| James Goss | Barrington Research Associates, Inc. |