Nexstar Cash from 2010 to 2024
| NXST Stock | USD 153.52 0.30 0.20% |
Cash | First Reported 2001-12-31 | Previous Quarter 147 M | Current Value 237 M | Quarterly Volatility 129.4 M |
Check Nexstar Broadcasting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexstar Broadcasting's main balance sheet or income statement drivers, such as Depreciation And Amortization of 988 M, Interest Expense of 469.4 M or Total Revenue of 5.2 B, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0362 or PTB Ratio of 2.29. Nexstar financial statements analysis is a perfect complement when working with Nexstar Broadcasting Valuation or Volatility modules.
Nexstar | Cash |
Latest Nexstar Broadcasting's Cash Growth Pattern
Below is the plot of the Cash of Nexstar Broadcasting Group over the last few years. Cash refers to the most liquid asset of Nexstar Broadcasting, which is listed under current asset account on Nexstar Broadcasting Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nexstar Broadcasting customers. The amounts must be unrestricted with restricted cash listed in a different Nexstar Broadcasting account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Nexstar Broadcasting's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexstar Broadcasting's overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
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Cash |
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Nexstar Cash Regression Statistics
| Arithmetic Mean | 109,874,440 | |
| Geometric Mean | 75,033,573 | |
| Coefficient Of Variation | 64.09 | |
| Mean Deviation | 58,722,998 | |
| Median | 115,652,000 | |
| Standard Deviation | 70,418,543 | |
| Sample Variance | 4958.8T | |
| Range | 227.1M | |
| R-Value | 0.71 | |
| Mean Square Error | 2682.3T | |
| R-Squared | 0.50 | |
| Significance | 0 | |
| Slope | 11,108,708 | |
| Total Sum of Squares | 69422.8T |
Nexstar Cash History
Other Fundumenentals of Nexstar Broadcasting
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| Other Cashflows From Financing Activities |
Nexstar Broadcasting Cash component correlations
Click cells to compare fundamentals
About Nexstar Broadcasting Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Nexstar Broadcasting income statement, its balance sheet, and the statement of cash flows. Nexstar Broadcasting investors use historical funamental indicators, such as Nexstar Broadcasting's Cash, to determine how well the company is positioned to perform in the future. Although Nexstar Broadcasting investors may use each financial statement separately, they are all related. The changes in Nexstar Broadcasting's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nexstar Broadcasting's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nexstar Broadcasting Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nexstar Broadcasting. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Nexstar Broadcasting
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexstar Broadcasting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexstar Broadcasting will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nexstar Broadcasting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexstar Broadcasting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexstar Broadcasting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexstar Broadcasting Group to buy it.
The correlation of Nexstar Broadcasting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexstar Broadcasting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexstar Broadcasting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexstar Broadcasting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.