Nexstar Net Debt vs Property Plant And Equipment Net Analysis

NXST Stock  USD 175.92  2.49  1.40%   
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 Net Debt and its Property Plant And Equipment Net 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 state.

Net Debt vs Property Plant And Equipment Net

Net Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexstar Broadcasting Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nexstar Broadcasting's Net Debt and Property Plant And Equipment Net is 0.98. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net 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 Net Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Nexstar Broadcasting Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Nexstar Broadcasting's Net Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 state.
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 2024, whereas Tax Provision is likely to drop slightly above 141.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B3.2B1.8B1.9B
Total Revenue4.6B5.2B4.9B5.2B

Nexstar Broadcasting fundamental ratios Correlations

1.00.80.30.80.711.00.980.630.970.970.990.941.00.990.74-0.211.0-0.30.981.00.980.980.861.00.7
1.00.80.30.80.731.00.970.620.970.950.990.931.00.980.72-0.190.99-0.350.981.00.980.990.841.00.72
0.80.80.161.00.810.80.780.320.740.780.740.650.810.780.540.130.81-0.410.720.80.710.770.550.80.76
0.30.30.160.160.290.310.16-0.150.160.260.30.290.320.250.050.240.31-0.010.250.30.330.250.090.310.41
0.80.81.00.160.810.80.780.320.740.780.740.650.810.780.540.130.81-0.410.720.80.710.770.550.80.76
0.710.730.810.290.810.70.690.210.650.720.640.510.730.740.490.430.74-0.640.610.720.640.650.370.720.72
1.01.00.80.310.80.70.970.620.970.960.990.931.00.980.72-0.21.0-0.310.981.00.980.990.851.00.72
0.980.970.780.160.780.690.970.750.990.970.960.920.960.980.85-0.30.97-0.350.970.970.960.960.90.970.59
0.630.620.32-0.150.320.210.620.750.770.640.660.640.590.660.83-0.680.61-0.180.680.620.660.650.830.610.06
0.970.970.740.160.740.650.970.990.770.940.970.90.970.970.81-0.310.97-0.310.960.970.960.970.890.970.62
0.970.950.780.260.780.720.960.970.640.940.950.920.950.990.8-0.210.97-0.280.950.960.960.910.880.970.58
0.990.990.740.30.740.640.990.960.660.970.950.950.990.970.71-0.280.99-0.270.990.990.990.990.880.990.68
0.940.930.650.290.650.510.930.920.640.90.920.950.920.910.69-0.450.92-0.260.980.930.970.920.930.940.5
1.01.00.810.320.810.731.00.960.590.970.950.990.920.980.71-0.160.99-0.330.971.00.970.990.831.00.74
0.990.980.780.250.780.740.980.980.660.970.990.970.910.980.78-0.190.99-0.310.960.980.970.950.860.990.64
0.740.720.540.050.540.490.720.850.830.810.80.710.690.710.78-0.360.73-0.240.740.720.740.680.80.730.25
-0.21-0.190.130.240.130.43-0.2-0.3-0.68-0.31-0.21-0.28-0.45-0.16-0.19-0.36-0.16-0.18-0.36-0.19-0.31-0.26-0.65-0.190.38
1.00.990.810.310.810.741.00.970.610.970.970.990.920.990.990.73-0.16-0.310.970.990.970.970.841.00.72
-0.3-0.35-0.41-0.01-0.41-0.64-0.31-0.35-0.18-0.31-0.28-0.27-0.26-0.33-0.31-0.24-0.18-0.31-0.31-0.33-0.32-0.31-0.18-0.31-0.24
0.980.980.720.250.720.610.980.970.680.960.950.990.980.970.960.74-0.360.97-0.310.980.990.970.920.980.59
1.01.00.80.30.80.721.00.970.620.970.960.990.931.00.980.72-0.190.99-0.330.980.980.990.841.00.72
0.980.980.710.330.710.640.980.960.660.960.960.990.970.970.970.74-0.310.97-0.320.990.980.960.90.980.6
0.980.990.770.250.770.650.990.960.650.970.910.990.920.990.950.68-0.260.97-0.310.970.990.960.840.980.72
0.860.840.550.090.550.370.850.90.830.890.880.880.930.830.860.8-0.650.84-0.180.920.840.90.840.850.27
1.01.00.80.310.80.721.00.970.610.970.970.990.941.00.990.73-0.191.0-0.310.981.00.980.980.850.71
0.70.720.760.410.760.720.720.590.060.620.580.680.50.740.640.250.380.72-0.240.590.720.60.720.270.71
Click cells to compare fundamentals

Nexstar Broadcasting Account Relationship Matchups

Nexstar Broadcasting fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0B13.4B13.3B12.7B12.3B12.9B
Net Debt8.3B7.5B7.3B6.8B7.0B7.3B
Cash232.1M152.7M190.9M204.1M147M76.1M
Other Assets456.9M6.9B153.1M89.9M103.4M98.2M
Cash And Short Term Investments232.1M152.7M190.9M204.1M147M76.1M
Common Stock Shares Outstanding47.9M46.7M44.0M40.2M35.8M32.9M
Liabilities And Stockholders Equity14.0B13.4B13.3B12.7B12.3B12.9B
Total Liab11.9B10.9B10.4B9.9B10.0B10.4B
Total Current Assets1.4B1.2B1.4B1.6B1.5B1.5B
Other Current Liab138.2M78.3M56.3M521.6M555M582.8M
Total Current Liabilities947.6M730.9M787.3M893.2M961M1.0B
Total Stockholder Equity2.0B2.5B2.9B2.7B2.3B2.4B
Other Liab2.4B2.2B2.0B2.0B2.2B2.4B
Accounts Payable157.4M218.4M248.2M197.7M235M246.8M
Long Term Debt8.4B7.6B7.4B6.8B6.7B7.0B
Good Will3.0B3.0B3.1B3.0B2.9B3.1B
Other Current Assets67.2M152.5M200.8M315.4M224M235.2M
Other Stockholder Equity1.2B995.4M504.1M(319.5M)(890M)(845.5M)
Intangible Assets6.2B5.8B5.6B5.3B5.1B5.3B
Property Plant Equipment1.5B1.6B1.8B1.6B1.8B1.9B
Short Long Term Debt Total8.5B7.7B7.5B7.0B7.1B7.5B
Property Plant And Equipment Net1.3B1.6B1.5B1.3B1.6B1.6B
Current Deferred Revenue175.9M542.7M412.7M392.8M451.7M474.3M
Retained Earnings778.8M1.5B2.2B3.0B3.2B3.3B
Non Current Assets Total12.6B12.2B11.9B11.1B10.8B11.3B
Non Currrent Assets Other692.2M422.7M285.0M178.3M96M122.2M
Net Receivables883.9M904.8M1.0B1.1B1.1B1.1B
Non Current Liabilities Total11.0B10.1B9.6B9.0B9.0B9.4B
Inventory22.7M168.6M1.015.6M17.9M21.1M
Property Plant And Equipment Gross1.3B1.6B2.3B2.1B2.2B2.3B
Accumulated Other Comprehensive Income19.9M34.5M141.7M26.9M1M1.1M
Short Term Debt109.3M21.4M90.0M173.9M171M179.6M
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 Other894.7M815.9M523.3M583.6M571M379.6M
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.