Nexstar Broadcasting Group Inc

NASDAQ:NXST USA Broadcasting
Market Cap
$7.21 Billion
Market Cap Rank
#2253 Global
#1606 in USA
Share Price
$237.82
Change (1 day)
+0.55%
52-Week Range
$144.68 - $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

Nexstar Broadcasting Group Inc (NXST) - Total Assets

Latest total assets as of September 2025: $11.25 Billion USD

Based on the latest financial reports, Nexstar Broadcasting Group Inc (NXST) holds total assets worth $11.25 Billion USD as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Nexstar Broadcasting Group Inc - Total Assets Trend (1999–2024)

This chart illustrates how Nexstar Broadcasting Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Nexstar Broadcasting Group Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

Nexstar Broadcasting Group Inc's total assets of $11.25 Billion consist of 11.3% current assets and 88.7% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 1.3%
Accounts Receivable $1.03 Billion 9.0%
Inventory $0.00 0.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $4.78 Billion 41.7%
Goodwill $2.92 Billion 25.5%

Asset Composition Trend (1999–2024)

This chart illustrates how Nexstar Broadcasting Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Nexstar Broadcasting Group Inc's current assets represent 11.3% of total assets in 2024, an increase from 0.8% in 1999.
  • Cash Position: Cash and equivalents constituted 1.3% of total assets in 2024, up from 0.8% in 1999.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 66.0% of total assets, an increase from 0.0% in 1999.
  • Asset Diversification: The largest asset category is intangible assets at 41.7% of total assets.

Nexstar Broadcasting Group Inc Competitors by Total Assets

Key competitors of Nexstar Broadcasting Group Inc based on total assets are shown below.

Company Country Total Assets
Hubei Radio and Television Information Network Co Ltd
SHE:000665
China CN¥9.94 Billion
H&R Century Union Corp
SHE:000892
China CN¥1.68 Billion
Shenzhen Topway Video Communication Co Ltd
SHE:002238
China CN¥4.00 Billion
Galaxia SM Inc
KO:011420
Korea ₩89.84 Billion
LG HelloVision Corp
KO:037560
Korea ₩1.26 Trillion
Kt Skylife
KO:053210
Korea ₩989.86 Billion
KMH Co. Ltd
KQ:122450
Korea ₩872.63 Billion
Aniplus Inc
KQ:310200
Korea ₩289.02 Billion

Nexstar Broadcasting Group Inc - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.22 - 0.49

Moderate asset utilization - Nexstar Broadcasting Group Inc generates 0.47x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 1.65% - 7.66%

Solid ROA - For every $100 in assets, Nexstar Broadcasting Group Inc generates $6.30 in net profit.

Nexstar Broadcasting Group Inc - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.87 1.68 1.66
Quick Ratio 1.87 1.68 1.66
Cash Ratio 0.00 0.00 0.00
Working Capital $648.00 Million $ 575.00 Million $ 479.09 Million

Nexstar Broadcasting Group Inc - Advanced Valuation Insights

This section examines the relationship between Nexstar Broadcasting Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 3.19
Latest Market Cap to Assets Ratio 0.59
Asset Growth Rate (YoY) -5.1%
Total Assets $11.47 Billion
Market Capitalization $6.72 Billion USD

Valuation Analysis

Below Book Valuation: The market values Nexstar Broadcasting Group Inc's assets below their book value (0.59 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Nexstar Broadcasting Group Inc's assets decreased by 5.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Nexstar Broadcasting Group Inc (1999–2024)

The table below shows the annual total assets of Nexstar Broadcasting Group Inc from 1999 to 2024.

Year Total Assets Change
2024-12-31 $11.47 Billion -5.05%
2023-12-31 $12.08 Billion -4.74%
2022-12-31 $12.68 Billion -4.41%
2021-12-31 $13.26 Billion -1.04%
2020-12-31 $13.40 Billion -4.18%
2019-12-31 $13.99 Billion +98.10%
2018-12-31 $7.06 Billion -5.61%
2017-12-31 $7.48 Billion +152.24%
2016-12-31 $2.97 Billion +61.63%
2015-12-31 $1.84 Billion +25.50%
2014-12-31 $1.46 Billion +25.65%
2013-12-31 $1.16 Billion +23.04%
2012-12-31 $945.82 Million +58.95%
2011-12-31 $595.03 Million -1.25%
2010-12-31 $602.54 Million -2.79%
2009-12-31 $619.83 Million -1.08%
2008-12-31 $626.59 Million -11.59%
2007-12-31 $708.70 Million -2.21%
2006-12-31 $724.71 Million +6.56%
2005-12-31 $680.08 Million -7.47%
2004-12-31 $734.97 Million +1.08%
2003-12-31 $727.10 Million +81.63%
2002-12-31 $400.32 Million -40.13%
2001-12-31 $668.60 Million +11.61%
2000-12-31 $599.04 Million +0.74%
1999-12-31 $594.61 Million --