Nexstar Dividends Paid vs Change To Liabilities Analysis

NXST Stock  USD 158.98  2.48  1.54%   
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 Dividends Paid and its Change To Liabilities 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 closely tied with the direction of predictive economic indicators such as signals in state.

Dividends Paid vs Change To Liabilities

Dividends Paid vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexstar Broadcasting Dividends Paid account and Change To Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nexstar Broadcasting's Dividends Paid and Change To Liabilities is -0.05. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Liabilities 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 Dividends Paid and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Nexstar Broadcasting Group are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Dividends Paid i.e., Nexstar Broadcasting's Dividends Paid and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change To Liabilities

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 closely tied 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 Profit2.8B3.2B2.8B2.9B
Total Revenue4.6B5.2B4.9B5.2B

Nexstar Broadcasting fundamental ratios Correlations

1.00.80.30.80.721.00.970.850.970.970.990.931.00.990.74-0.21.0-0.30.981.00.980.00.861.00.7
1.00.80.30.80.731.00.970.840.970.950.990.931.00.980.72-0.190.99-0.350.981.00.980.010.841.00.72
0.80.80.161.00.810.80.780.510.740.780.740.650.810.780.540.130.81-0.410.720.80.710.230.550.80.76
0.30.30.160.160.290.310.160.280.160.260.30.290.320.250.050.240.31-0.010.250.30.330.370.090.320.41
0.80.81.00.160.810.80.780.510.740.780.740.650.810.780.540.130.81-0.410.720.80.710.230.550.80.76
0.720.730.810.290.810.710.690.450.650.720.640.510.730.740.490.430.74-0.640.610.720.640.410.370.720.72
1.01.00.80.310.80.710.970.840.970.960.990.931.00.980.72-0.191.0-0.310.981.00.970.020.841.00.73
0.970.970.780.160.780.690.970.90.990.970.960.920.960.980.85-0.30.97-0.350.970.970.96-0.160.90.970.59
0.850.840.510.280.510.450.840.90.890.880.870.90.830.870.9-0.50.84-0.230.90.840.91-0.350.930.850.32
0.970.970.740.160.740.650.970.990.890.940.970.90.970.970.81-0.310.97-0.310.960.970.96-0.150.890.970.62
0.970.950.780.260.780.720.960.970.880.940.950.920.950.990.8-0.210.97-0.280.950.960.96-0.050.880.970.58
0.990.990.740.30.740.640.990.960.870.970.950.950.990.970.71-0.280.99-0.270.990.990.99-0.070.880.990.68
0.930.930.650.290.650.510.930.920.90.90.920.950.920.910.69-0.450.92-0.260.980.930.97-0.190.930.930.5
1.01.00.810.320.810.731.00.960.830.970.950.990.920.980.71-0.160.99-0.330.971.00.970.040.831.00.74
0.990.980.780.250.780.740.980.980.870.970.990.970.910.980.78-0.190.99-0.310.960.980.97-0.030.860.990.64
0.740.720.540.050.540.490.720.850.90.810.80.710.690.710.78-0.360.73-0.240.740.720.74-0.340.80.720.25
-0.2-0.190.130.240.130.43-0.19-0.3-0.5-0.31-0.21-0.28-0.45-0.16-0.19-0.36-0.16-0.18-0.36-0.19-0.310.88-0.65-0.180.38
1.00.990.810.310.810.741.00.970.840.970.970.990.920.990.990.73-0.16-0.310.970.990.970.030.841.00.72
-0.3-0.35-0.41-0.01-0.41-0.64-0.31-0.35-0.23-0.31-0.28-0.27-0.26-0.33-0.31-0.24-0.18-0.31-0.31-0.33-0.32-0.04-0.18-0.31-0.24
0.980.980.720.250.720.610.980.970.90.960.950.990.980.970.960.74-0.360.97-0.310.980.99-0.130.920.980.59
1.01.00.80.30.80.721.00.970.840.970.960.990.931.00.980.72-0.190.99-0.330.980.980.010.841.00.72
0.980.980.710.330.710.640.970.960.910.960.960.990.970.970.970.74-0.310.97-0.320.990.98-0.10.90.980.6
0.00.010.230.370.230.410.02-0.16-0.35-0.15-0.05-0.07-0.190.04-0.03-0.340.880.03-0.04-0.130.01-0.1-0.480.020.58
0.860.840.550.090.550.370.840.90.930.890.880.880.930.830.860.8-0.650.84-0.180.920.840.9-0.480.850.27
1.01.00.80.320.80.721.00.970.850.970.970.990.931.00.990.72-0.181.0-0.310.981.00.980.020.850.72
0.70.720.760.410.760.720.730.590.320.620.580.680.50.740.640.250.380.72-0.240.590.720.60.580.270.72
Click cells to compare fundamentals

Nexstar Broadcasting Account Relationship Matchups

Nexstar Broadcasting fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0B13.4B13.3B12.7B12.1B12.7B
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 Equity14.0B13.4B13.3B12.7B12.1B12.7B
Total Liab11.9B10.9B10.4B9.9B9.8B10.3B
Total Current Assets1.4B1.2B1.4B1.6B1.5B1.5B
Other Current Liab138.2M455.2M406.3M471.6M508M533.4M
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 Revenue542.7M412.7M392.8M(420M)(483M)(458.9M)
Retained Earnings778.8M1.5B2.2B3.0B3.2B3.3B
Non Current Assets Total12.6B12.2B11.9B11.1B10.6B11.1B
Non Currrent Assets Other692.2M422.7M285.0M178.3M96M122.2M
Net Receivables883.9M904.8M1.0B1.1B1.1B1.1B
Non Current Liabilities Total11.0B10.1B9.6B9.0B8.8B9.2B
Inventory22.7M168.6M1.015.6M(88M)(83.6M)
Property Plant And Equipment Gross1.3B1.6B2.3B2.1B2.2B2.3B
Accumulated Other Comprehensive Income19.9M34.5M141.7M26.9M1M1.1M
Short Term Debt109.3M57.3M132.8M223.9M218M228.9M
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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Additional Tools for Nexstar Stock Analysis

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.