Nexstar Dividend Yield vs Ptb Ratio Analysis

NXST Stock  USD 195.73  0.55  0.28%   
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 Dividend Yield and its Ptb Ratio 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 main economic indicators.

Dividend Yield vs Ptb Ratio

Dividend Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexstar Broadcasting Dividend Yield account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nexstar Broadcasting's Dividend Yield and Ptb Ratio is -0.16. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Ptb Ratio 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 Dividend Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Nexstar Broadcasting Group are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Dividend Yield i.e., Nexstar Broadcasting's Dividend Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Nexstar Broadcasting Group dividend as a percentage of Nexstar Broadcasting stock price. Nexstar Broadcasting dividend yield is a measure of Nexstar Broadcasting stock productivity, which can be interpreted as interest rate earned on an Nexstar Broadcasting investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
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 main economic indicators.
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 2025, whereas Tax Provision is likely to drop slightly above 157.7 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit3.2B2.8B3.2B3.3B
Total Revenue5.2B4.9B5.4B5.7B

Nexstar Broadcasting fundamental ratios Correlations

1.00.820.280.820.691.00.980.940.980.970.990.881.00.990.71-0.221.0-0.310.971.00.98-0.060.831.00.39
1.00.820.280.820.71.00.970.940.980.960.990.871.00.980.69-0.230.99-0.360.971.00.98-0.060.821.00.44
0.820.820.151.00.790.820.820.750.790.790.750.780.830.790.710.080.82-0.420.730.820.780.160.520.820.4
0.280.280.150.150.290.290.150.160.150.240.270.340.30.230.040.260.29-0.010.220.280.340.370.030.30.27
0.820.821.00.150.790.820.820.750.790.790.750.780.830.790.710.080.82-0.420.730.820.780.160.520.820.4
0.690.70.790.290.790.690.680.680.660.690.610.580.710.70.660.420.72-0.630.570.690.660.410.280.70.32
1.01.00.820.290.820.690.970.940.980.960.990.881.00.980.7-0.221.0-0.310.971.00.98-0.040.811.00.42
0.980.970.820.150.820.680.970.950.990.970.950.850.970.980.78-0.290.97-0.360.960.970.96-0.190.860.970.33
0.940.940.750.160.750.680.940.950.980.890.920.740.940.940.82-0.20.94-0.320.890.940.9-0.090.760.930.4
0.980.980.790.150.790.660.980.990.980.950.960.840.970.980.79-0.280.97-0.320.950.980.95-0.160.840.970.35
0.970.960.790.240.790.690.960.970.890.950.950.870.960.990.71-0.240.97-0.280.960.960.96-0.120.850.970.27
0.990.990.750.270.750.610.990.950.920.960.950.840.980.970.63-0.330.98-0.280.990.990.97-0.140.860.990.38
0.880.870.780.340.780.580.880.850.740.840.870.840.880.840.6-0.180.88-0.250.850.870.93-0.010.710.880.21
1.01.00.830.30.830.711.00.970.940.970.960.980.880.980.7-0.20.99-0.340.971.00.98-0.020.81.00.44
0.990.980.790.230.790.70.980.980.940.980.990.970.840.980.72-0.240.99-0.310.970.980.97-0.120.850.980.33
0.710.690.710.040.710.660.70.780.820.790.710.630.60.70.720.070.71-0.270.60.690.660.020.470.70.19
-0.22-0.230.080.260.080.42-0.22-0.29-0.2-0.28-0.24-0.33-0.18-0.2-0.240.07-0.18-0.08-0.4-0.23-0.260.89-0.71-0.210.01
1.00.990.820.290.820.721.00.970.940.970.970.980.880.990.990.71-0.18-0.320.960.990.98-0.030.81.00.37
-0.31-0.36-0.42-0.01-0.42-0.63-0.31-0.36-0.32-0.32-0.28-0.28-0.25-0.34-0.31-0.27-0.08-0.32-0.31-0.34-0.33-0.02-0.19-0.31-0.24
0.970.970.730.220.730.570.970.960.890.950.960.990.850.970.970.6-0.40.96-0.310.970.97-0.210.910.970.34
1.01.00.820.280.820.691.00.970.940.980.960.990.871.00.980.69-0.230.99-0.340.970.98-0.060.821.00.44
0.980.980.780.340.780.660.980.960.90.950.960.970.930.980.970.66-0.260.98-0.330.970.98-0.090.840.980.31
-0.06-0.060.160.370.160.41-0.04-0.19-0.09-0.16-0.12-0.14-0.01-0.02-0.120.020.89-0.03-0.02-0.21-0.06-0.09-0.58-0.050.24
0.830.820.520.030.520.280.810.860.760.840.850.860.710.80.850.47-0.710.8-0.190.910.820.84-0.580.820.19
1.01.00.820.30.820.71.00.970.930.970.970.990.881.00.980.7-0.211.0-0.310.971.00.98-0.050.820.4
0.390.440.40.270.40.320.420.330.40.350.270.380.210.440.330.190.010.37-0.240.340.440.310.240.190.4
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Nexstar Broadcasting Account Relationship Matchups

Nexstar Broadcasting fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.4B13.3B12.7B12.1B11.5B12.0B
Net Debt7.5B7.3B6.8B7.0B6.7B7.0B
Cash152.7M190.9M204.1M147M144M79.2M
Other Assets456.9M6.9B153.1M89.9M103.4M98.2M
Cash And Short Term Investments152.7M190.9M204.1M147M144M79.2M
Common Stock Shares Outstanding46.7M44.0M40.2M35.8M32.8M33.8M
Liabilities And Stockholders Equity13.4B13.3B12.7B12.1B11.5B12.0B
Total Liab10.9B10.4B9.9B9.8B9.2B9.7B
Total Current Assets1.2B1.4B1.6B1.5B1.3B1.4B
Other Current Liab455.2M406.3M471.6M555M489M513.5M
Total Current Liabilities730.9M787.3M893.2M961M783M822.2M
Total Stockholder Equity2.5B2.9B2.7B2.3B2.3B2.4B
Other Liab2.4B2.2B2.0B2.0B2.2B2.4B
Accounts Payable218.4M248.2M197.7M235M133M67.1M
Long Term Debt7.6B7.4B6.8B6.7B6.4B6.7B
Good Will3.0B3.1B3.0B2.9B2.9B3.1B
Other Current Assets152.5M200.8M315.4M224M125M96.2M
Other Stockholder Equity995.4M504.1M(319.5M)(890M)(1.4B)(1.3B)
Intangible Assets5.8B5.6B5.3B5.1B4.8B5.0B
Property Plant Equipment1.5B1.6B1.8B1.6B1.8B1.9B
Short Long Term Debt Total7.7B7.5B7.0B7.1B6.8B7.2B
Property Plant And Equipment Net1.6B1.5B1.3B1.6B1.2B1.3B
Current Deferred Revenue542.7M412.7M392.8M(420M)(483M)(458.9M)
Retained Earnings1.5B2.2B3.0B3.2B3.7B3.9B
Non Current Assets Total12.2B11.9B11.1B10.6B10.2B10.7B
Non Currrent Assets Other422.7M285.0M178.3M96M389M408.5M
Net Receivables883.9M904.8M1.0B1.1B1.1B1.0B
Non Current Liabilities Total10.1B9.6B9.0B8.8B8.4B8.8B
Property Plant And Equipment Gross1.6B2.3B2.1B2.2B2.2B2.3B
Accumulated Other Comprehensive Income34.5M141.7M26.9M1M(1M)(1.1M)
Short Term Debt57.3M132.8M223.9M171M161M169.1M
Net Tangible Assets(7.9B)(7.0B)(6.1B)(5.6B)(5.0B)(5.3B)
Retained Earnings Total Equity620.4M778.8M1.5B2.2B2.5B2.7B
Capital Surpluse1.4B1.4B1.4B1.3B1.5B959.2M
Non Current Liabilities Other815.9M523.3M583.6M571M531M395.4M
Noncontrolling Interest In Consolidated Entity16.2M22.0M18.5M7.1M8.2M7.7M

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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.