Nexstar Short Long Term Debt Total vs Other Assets Analysis
| NXST Stock | USD 189.30 7.02 3.58% |
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 Short Long Term Debt Total and its Other Assets 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.
Short Long Term Debt Total vs Other Assets
Short Long Term Debt Total vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexstar Broadcasting Short Long Term Debt Total account and Other Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nexstar Broadcasting's Short Long Term Debt Total and Other Assets is 0.28. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Assets 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 Short Long Term Debt Total and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Nexstar Broadcasting Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Short Long Term Debt Total i.e., Nexstar Broadcasting's Short Long Term Debt Total and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.28 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Short Long Term Debt Total
Other Assets
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 Profit | 3.2B | 2.8B | 3.2B | 3.3B | Total Revenue | 5.2B | 4.9B | 5.4B | 5.7B |
Nexstar Broadcasting fundamental ratios Correlations
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Nexstar Broadcasting Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nexstar Broadcasting fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 13.4B | 13.3B | 12.7B | 12.1B | 11.5B | 12.0B | |
| Net Debt | 7.5B | 7.3B | 6.8B | 7.0B | 6.7B | 7.0B | |
| Cash | 152.7M | 190.9M | 204.1M | 147M | 144M | 79.2M | |
| Other Assets | 456.9M | 6.9B | 153.1M | 89.9M | 103.4M | 98.2M | |
| Cash And Short Term Investments | 152.7M | 190.9M | 204.1M | 147M | 144M | 79.2M | |
| Common Stock Shares Outstanding | 46.7M | 44.0M | 40.2M | 35.8M | 32.8M | 33.8M | |
| Liabilities And Stockholders Equity | 13.4B | 13.3B | 12.7B | 12.1B | 11.5B | 12.0B | |
| Total Liab | 10.9B | 10.4B | 9.9B | 9.8B | 9.2B | 9.7B | |
| Total Current Assets | 1.2B | 1.4B | 1.6B | 1.5B | 1.3B | 1.4B | |
| Other Current Liab | 455.2M | 406.3M | 471.6M | 555M | 489M | 513.5M | |
| Total Current Liabilities | 730.9M | 787.3M | 893.2M | 961M | 783M | 822.2M | |
| Total Stockholder Equity | 2.5B | 2.9B | 2.7B | 2.3B | 2.3B | 2.4B | |
| Other Liab | 2.4B | 2.2B | 2.0B | 2.0B | 2.2B | 2.4B | |
| Accounts Payable | 218.4M | 248.2M | 197.7M | 235M | 133M | 67.1M | |
| Long Term Debt | 7.6B | 7.4B | 6.8B | 6.7B | 6.4B | 6.7B | |
| Good Will | 3.0B | 3.1B | 3.0B | 2.9B | 2.9B | 3.1B | |
| Other Current Assets | 152.5M | 200.8M | 315.4M | 224M | 125M | 96.2M | |
| Other Stockholder Equity | 995.4M | 504.1M | (319.5M) | (890M) | (1.4B) | (1.3B) | |
| Intangible Assets | 5.8B | 5.6B | 5.3B | 5.1B | 4.8B | 5.0B | |
| Property Plant Equipment | 1.5B | 1.6B | 1.8B | 1.6B | 1.8B | 1.9B | |
| Short Long Term Debt Total | 7.7B | 7.5B | 7.0B | 7.1B | 6.8B | 7.2B | |
| Property Plant And Equipment Net | 1.6B | 1.5B | 1.3B | 1.6B | 1.2B | 1.3B | |
| Current Deferred Revenue | 542.7M | 412.7M | 392.8M | (420M) | (483M) | (458.9M) | |
| Retained Earnings | 1.5B | 2.2B | 3.0B | 3.2B | 3.7B | 3.9B | |
| Non Current Assets Total | 12.2B | 11.9B | 11.1B | 10.6B | 10.2B | 10.7B | |
| Non Currrent Assets Other | 422.7M | 285.0M | 178.3M | 96M | 389M | 408.5M | |
| Net Receivables | 883.9M | 904.8M | 1.0B | 1.1B | 1.1B | 1.0B | |
| Non Current Liabilities Total | 10.1B | 9.6B | 9.0B | 8.8B | 8.4B | 8.8B | |
| Property Plant And Equipment Gross | 1.6B | 2.3B | 2.1B | 2.2B | 2.2B | 2.3B | |
| Accumulated Other Comprehensive Income | 34.5M | 141.7M | 26.9M | 1M | (1M) | (1.1M) | |
| Short Term Debt | 57.3M | 132.8M | 223.9M | 171M | 161M | 169.1M | |
| 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 | 815.9M | 523.3M | 583.6M | 571M | 531M | 395.4M | |
| Noncontrolling Interest In Consolidated Entity | 16.2M | 22.0M | 18.5M | 7.1M | 8.2M | 7.7M |
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