Nexstar Media Group (FRA:NXZ) Construction In Progress : €55 Mil (As of Dec. 2023)

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What is Nexstar Media Group Construction In Progress?

Nexstar Media Group's quarterly construction in progress stayed the same from Jun. 2023 (€0 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€55 Mil).

Nexstar Media Group's annual construction in progress increased from Dec. 2021 (€52 Mil) to Dec. 2022 (€61 Mil) but then declined from Dec. 2022 (€61 Mil) to Dec. 2023 (€55 Mil).

Nexstar Media Group Construction In Progress Historical Data

The historical data trend for Nexstar Media Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nexstar Media Group Construction In Progress Chart

Nexstar Media Group Annual Data

Trend

Dec14

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Dec22

Dec23

Construction In Progress

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168.51

82.67

52.39

61.36

55.02

Nexstar Media Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															61.36	-	-	-	55.02

Nexstar Media Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Nexstar Media Group (FRA:NXZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nexstar Media Group Inc (FRA:NXZ) » Definitions » Construction In Progress

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NXST:USA

Address

545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062

Website

https://www.nexstar.tv

Nexstar is the largest television station owner/operator in the United States, with 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.

Nexstar Media Group (FRA:NXZ) Headlines

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