Nexstar Long Term Debt vs Deferred Long Term Liab 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 Long Term Debt and its Deferred Long Term Liab 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.

Long Term Debt vs Deferred Long Term Liab

Long Term Debt vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexstar Broadcasting Long Term Debt account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nexstar Broadcasting's Long Term Debt and Deferred Long Term Liab is 0.97. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Deferred Long Term Liab 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 Long Term Debt and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Nexstar Broadcasting Group are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt i.e., Nexstar Broadcasting's Long Term Debt and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Nexstar Broadcasting has held for over one year. Long-term debt appears on Nexstar Broadcasting Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nexstar Broadcasting Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Deferred Long Term Liab

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

Nexstar Broadcasting Investors Sentiment

The influence of Nexstar Broadcasting's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nexstar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nexstar Broadcasting's public news can be used to forecast risks associated with an investment in Nexstar. The trend in average sentiment can be used to explain how an investor holding Nexstar can time the market purely based on public headlines and social activities around Nexstar Broadcasting Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nexstar Broadcasting's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nexstar Broadcasting's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nexstar Broadcasting's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nexstar Broadcasting.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nexstar Broadcasting in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nexstar Broadcasting's short interest history, or implied volatility extrapolated from Nexstar Broadcasting options trading.

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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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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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.