Nexstar Deferred Long Term Liab vs Treasury Stock Analysis

NXST Stock  USD 166.56  2.26  1.38%   
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 Deferred Long Term Liab and its Treasury Stock 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 tightly coupled with the direction of predictive economic indicators such as signals in state.

Deferred Long Term Liab vs Treasury Stock

Deferred Long Term Liab vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexstar Broadcasting Deferred Long Term Liab account and Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Nexstar Broadcasting's Deferred Long Term Liab and Treasury Stock is -0.87. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Treasury Stock 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 Deferred Long Term Liab and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Nexstar Broadcasting Group are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Deferred Long Term Liab i.e., Nexstar Broadcasting's Deferred Long Term Liab and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Treasury Stock

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 tightly coupled 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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When determining whether Nexstar Broadcasting is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nexstar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nexstar Broadcasting Group Stock. Highlighted below are key reports to facilitate an investment decision about Nexstar Broadcasting Group Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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.
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Is Nexstar Broadcasting's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexstar Broadcasting. If investors know Nexstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexstar Broadcasting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Dividend Share
5.4
Earnings Share
9.64
Revenue Per Share
139.678
Quarterly Revenue Growth
(0.12)
The market value of Nexstar Broadcasting is measured differently than its book value, which is the value of Nexstar that is recorded on the company's balance sheet. Investors also form their own opinion of Nexstar Broadcasting's value that differs from its market value or its book value, called intrinsic value, which is Nexstar Broadcasting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexstar Broadcasting's market value can be influenced by many factors that don't directly affect Nexstar Broadcasting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexstar Broadcasting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexstar Broadcasting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexstar Broadcasting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.