Nexstar Broadcasting Group Inc - Asset Resilience Ratio

Latest as of December 2024: 9.64%

Nexstar Broadcasting Group Inc (NXST) has an Asset Resilience Ratio of 9.64% as of December 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See how liquid is Nexstar Broadcasting Group Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$1.11 Billion
Cash + Short-term Investments

Total Assets

$11.47 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2012–2020)

This chart shows how Nexstar Broadcasting Group Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Nexstar Broadcasting Group Inc asset portfolio.

Liquid Assets Composition Over Time

This chart breaks down Nexstar Broadcasting Group Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore NXST long-term investments to assets to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $1.11 Billion 9.64%
Total Liquid Assets $1.11 Billion 9.64%

Asset Resilience Insights

  • Limited Liquidity: Nexstar Broadcasting Group Inc maintains only 9.64% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Nexstar Broadcasting Group Inc Industry Peers by Asset Resilience Ratio

Compare Nexstar Broadcasting Group Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Jiangsu Broadcasting Cable inf
SHG:600959
Broadcasting 3.35%
Ihlas Haber Ajansi AS
IS:IHAAS
Broadcasting 0.38%
Aniplus Inc
KQ:310200
Broadcasting 2.13%
Arn Media Ltd
AU:A1N
Broadcasting 1.40%
Sports Entertainment Group Ltd
AU:SEG
Broadcasting 17.74%
Beijing Gehua CATV Network Co Ltd
SHG:600037
Broadcasting 12.31%
Shenzhen Topway Video Communication Co Ltd
SHE:002238
Broadcasting 2.95%
Hubei Radio and Television Information Network Co Ltd
SHE:000665
Broadcasting 0.22%

Annual Asset Resilience Ratio for Nexstar Broadcasting Group Inc (2012–2020)

The table below shows the annual Asset Resilience Ratio data for Nexstar Broadcasting Group Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2020-12-31 9.95% $1.33 Billion $13.40 Billion --
2017-12-31 0.00% $0.00 $7.48 Billion --
2016-12-31 0.90% $26.72 Million $2.97 Billion --
2015-12-31 0.00% $0.00 $1.84 Billion --
2014-12-31 0.00% $0.00 $1.46 Billion --
2013-12-31 0.00% $0.00 $1.16 Billion --
2012-12-31 0.00% $0.00 $945.82 Million --
pp = percentage points

About Nexstar Broadcasting Group Inc

NASDAQ:NXST USA Broadcasting
Market Cap
$5.04 Billion
Market Cap Rank
#3551 Global
#1240 in USA
Share Price
$163.67
Change (1 day)
-3.04%
52-Week Range
$154.70 - $253.64
All Time High
$253.64
About

Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to power television and radio stations; and provides television programming services. The company offers video and … Read more