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
These 4 Measures Indicate That Nexstar Media Group (NASDAQ:NXST) Is Using Debt Extensively
Oct 04
Nexstar 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: 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 01Nexstar Media Group (NASDAQ:NXST) Is Increasing Its Dividend To $1.35
May 04Here's Why Nexstar Media Group (NASDAQ:NXST) Has Caught The Eye Of Investors
Apr 23Financial 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).