Nexstar Broadcasting Group Inc (NXST) - Net Assets
Based on the latest financial reports, Nexstar Broadcasting Group Inc (NXST) has net assets worth $2.28 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.25 Billion) and total liabilities ($8.96 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Nexstar Broadcasting Group Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.28 Billion |
| % of Total Assets | 20.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | -10.6% |
| 10-Year Change | 2525.82% |
| Growth Volatility | 648.99 |
Nexstar Broadcasting Group Inc - Net Assets Trend (1999–2024)
This chart illustrates how Nexstar Broadcasting Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore Nexstar Broadcasting Group Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Nexstar Broadcasting Group Inc (1999–2024)
The table below shows the annual net assets of Nexstar Broadcasting Group Inc from 1999 to 2024. For live valuation and market cap data, see market value of Nexstar Broadcasting Group Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.27 Billion | -1.95% |
| 2023-12-31 | $2.31 Billion | -16.47% |
| 2022-12-31 | $2.77 Billion | -3.10% |
| 2021-12-31 | $2.86 Billion | +12.64% |
| 2020-12-31 | $2.54 Billion | +23.54% |
| 2019-12-31 | $2.05 Billion | +9.87% |
| 2018-12-31 | $1.87 Billion | +18.19% |
| 2017-12-31 | $1.58 Billion | +456.11% |
| 2016-12-31 | $284.35 Million | +229.22% |
| 2015-12-31 | $86.37 Million | +52.77% |
| 2014-12-31 | $56.54 Million | +527.31% |
| 2013-12-31 | $-13.23 Million | -547.90% |
| 2012-12-31 | $2.95 Million | +101.61% |
| 2011-12-31 | $-183.40 Million | -4.70% |
| 2010-12-31 | $-175.16 Million | +0.62% |
| 2009-12-31 | $-176.26 Million | -6.73% |
| 2008-12-31 | $-165.16 Million | -84.76% |
| 2007-12-31 | $-89.39 Million | -21.97% |
| 2006-12-31 | $-73.29 Million | -11.00% |
| 2005-12-31 | $-66.03 Million | -1651.70% |
| 2004-12-31 | $4.25 Million | -81.25% |
| 2003-12-31 | $22.69 Million | +176.33% |
| 2002-12-31 | $-29.73 Million | -1842.56% |
| 2001-12-31 | $1.71 Million | -- |
| 2000-12-31 | $0.00 | -- |
| 1999-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nexstar Broadcasting Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 367100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.67 Billion | 162.65% |
| Other Comprehensive Income | $-1.00 Million | -0.04% |
| Total Equity | $2.26 Billion | 100.00% |
Nexstar Broadcasting Group Inc Competitors by Market Cap
The table below lists competitors of Nexstar Broadcasting Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Glass Ind Corp
TW:1802
|
$6.14 Billion |
|
LI NING CO.LTD UNS.ADR/25
F:LNL
|
$6.14 Billion |
|
BOC Aviation Limited
F:8BO
|
$6.14 Billion |
|
VZ Holding AG
SW:VZN
|
$6.14 Billion |
|
LEENO Industrial Inc
KQ:058470
|
$6.14 Billion |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
$6.13 Billion |
|
Li Ning Company Limited
F:LNLB
|
$6.13 Billion |
|
ChinaLin Securities Co Ltd
SHE:002945
|
$6.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nexstar Broadcasting Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,299,000,000 to 2,257,000,000, a change of -42,000,000 (-1.8%).
- Net income of 722,000,000 contributed positively to equity growth.
- Dividend payments of 219,000,000 reduced retained earnings.
- Share repurchases of 601,000,000 reduced equity.
- Other comprehensive income decreased equity by 2,000,000.
- Other factors increased equity by 58,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $722.00 Million | +31.99% |
| Dividends Paid | $219.00 Million | -9.7% |
| Share Repurchases | $601.00 Million | -26.63% |
| Other Comprehensive Income | $-2.00 Million | -0.09% |
| Other Changes | $58.00 Million | +2.57% |
| Total Change | $- | -1.83% |
Book Value vs Market Value Analysis
This analysis compares Nexstar Broadcasting Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1766.53x to 2.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.11 | $202.37 | x |
| 2002-12-31 | $-2.00 | $202.37 | x |
| 2003-12-31 | $0.21 | $202.37 | x |
| 2004-12-31 | $-0.61 | $202.37 | x |
| 2005-12-31 | $-2.33 | $202.37 | x |
| 2006-12-31 | $-2.58 | $202.37 | x |
| 2007-12-31 | $-3.15 | $202.37 | x |
| 2008-12-31 | $-5.81 | $202.37 | x |
| 2009-12-31 | $-6.20 | $202.37 | x |
| 2010-12-31 | $-6.16 | $202.37 | x |
| 2011-12-31 | $-6.41 | $202.37 | x |
| 2012-12-31 | $0.10 | $202.37 | x |
| 2013-12-31 | $-0.44 | $202.37 | x |
| 2014-12-31 | $1.64 | $202.37 | x |
| 2015-12-31 | $2.51 | $202.37 | x |
| 2016-12-31 | $5.34 | $202.37 | x |
| 2017-12-31 | $34.33 | $202.37 | x |
| 2018-12-31 | $39.08 | $202.37 | x |
| 2019-12-31 | $42.39 | $202.37 | x |
| 2020-12-31 | $53.90 | $202.37 | x |
| 2021-12-31 | $64.81 | $202.37 | x |
| 2022-12-31 | $68.21 | $202.37 | x |
| 2023-12-31 | $64.16 | $202.37 | x |
| 2024-12-31 | $68.82 | $202.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nexstar Broadcasting Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 31.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.35%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 5.08x
- Recent ROE (31.99%) is above the historical average (-9.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -4652.64% | -44.92% | 0.26x | 391.91x | $-79.54 Million |
| 2002 | 0.00% | -39.08% | 0.33x | 0.00x | $-49.33 Million |
| 2003 | -2240.22% | -33.50% | 0.29x | 226.86x | $-72.12 Million |
| 2004 | 0.00% | -8.34% | 0.33x | 0.00x | $-18.77 Million |
| 2005 | 0.00% | -21.56% | 0.33x | 0.00x | $-42.13 Million |
| 2006 | 0.00% | -3.39% | 0.37x | 0.00x | $-1.66 Million |
| 2007 | 0.00% | -7.41% | 0.38x | 0.00x | $-10.83 Million |
| 2008 | 0.00% | -27.40% | 0.45x | 0.00x | $-61.54 Million |
| 2009 | 0.00% | -5.01% | 0.41x | 0.00x | $5.01 Million |
| 2010 | 0.00% | -0.58% | 0.52x | 0.00x | $15.70 Million |
| 2011 | 0.00% | -3.88% | 0.52x | 0.00x | $6.45 Million |
| 2012 | 6177.79% | 48.20% | 0.40x | 320.18x | $182.20 Million |
| 2013 | 0.00% | -0.36% | 0.43x | 0.00x | $-461.90K |
| 2014 | 122.87% | 10.22% | 0.43x | 27.83x | $59.30 Million |
| 2015 | 96.29% | 8.67% | 0.49x | 22.75x | $69.62 Million |
| 2016 | 54.12% | 8.30% | 0.37x | 17.54x | $74.62 Million |
| 2017 | 30.24% | 19.53% | 0.33x | 4.76x | $317.94 Million |
| 2018 | 21.02% | 14.08% | 0.39x | 3.81x | $204.20 Million |
| 2019 | 11.33% | 7.58% | 0.22x | 6.89x | $27.11 Million |
| 2020 | 32.22% | 18.03% | 0.34x | 5.32x | $559.66 Million |
| 2021 | 29.26% | 17.94% | 0.35x | 4.65x | $548.96 Million |
| 2022 | 35.43% | 18.63% | 0.41x | 4.63x | $696.90 Million |
| 2023 | 15.05% | 7.01% | 0.41x | 5.25x | $116.10 Million |
| 2024 | 31.99% | 13.35% | 0.47x | 5.08x | $496.30 Million |
Industry Comparison
This section compares Nexstar Broadcasting Group Inc's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $1,297,557,253
- Average return on equity (ROE) among peers: -1259.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nexstar Broadcasting Group Inc (NXST) | $2.28 Billion | -4652.64% | 3.93x | $6.14 Billion |
| Beasley Broadcast Group Inc (BBGI) | $81.08 Million | 14.84% | 2.53x | $7.05 Million |
| Cumulus Media Inc Class A (CMLS) | $16.03 Million | -3408.77% | 187.67x | $2.54 Million |
| Curiositystream Inc. (CURI) | $106.69 Million | -34.40% | 0.07x | $180.73 Million |
| CuriosityStream Inc (CURIW) | $57.85 Million | -22.37% | 0.49x | $115.24 |
| Fubotv Inc (FUBO) | $28.96K | -9048.21% | 17.95x | $412.68 Million |
| Gray Television Inc (GTN) | $174.01 Million | 10.51% | 6.67x | $523.55 Million |
| Gray Television Inc (GTN-A) | $2.93 Billion | 12.79% | 2.59x | $109.27 Million |
| iHeartMedia Inc Class A (IHRT) | $9.55 Billion | 8.86% | 1.09x | $527.25 Million |
| Mediaco Holding Inc (MDIA) | $37.41 Million | -20.40% | 1.82x | $51.19 Million |
| Newsmax, Inc. (NMAX) | $18.10 Million | -110.15% | 2.69x | $573.50 Million |
About Nexstar Broadcasting Group Inc
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