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Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Nexstar Media Group's Total Liabilities for the quarter that ended in Jun. 2026 was $15,451 Mil. Nexstar Media Group's Total Assets for the quarter that ended in Jun. 2026 was $17,715 Mil.
Therefore, Nexstar Media Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.87.
Nexstar Media Group (NAS:NXST) Liabilities-to-Assets Explanation
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
Nexstar Media Group Liabilities-to-Assets Related Terms
Nexstar Media Group Liabilities-to-Assets Historical Data
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The historical data trend for Nexstar Media Group's Liabilities-to-Assets 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.
NXST vs SBGI, NMAX, IHRT: Liabilities-to-Assets Comparison
For the Broadcasting subindustry, Nexstar Media Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nexstar Media Group Liabilities-to-Assets vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's Liabilities-to-Assets falls into.
Nexstar Media Group Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
Nexstar Media Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
* 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.
Nexstar Media Group (NXST) has a Liabilities-to-Assets of 0.87 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nexstar Media Group and its competitors.
Is Nexstar Media Group's Liabilities-to-Assets too high?
Nexstar Media Group's current Liabilities-to-Assets is 0.87. Overall, Nexstar Media Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexstar Media Group's Liabilities-to-Assets compare to SBGI and NMAX?
Nexstar Media Group's Liabilities-to-Assets of 0.87 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Media - Diversified company?
A good Liabilities-to-Assets depends on the Media - Diversified industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nexstar Media Group and its competitors. Nexstar Media Group's current Liabilities-to-Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexstar Media Group stock overvalued right now?
Based on GuruFocus' analysis, Nexstar Media Group (NXST) is currently considered Modestly Undervalued. The stock's GF Value™ is $233.92, compared to a current price of $184.80 — trading 21% below its estimated fair value. The current Liabilities-to-Assets is 0.87. Nexstar Media Group's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current Liabilities-to-Assets is 0.87 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nexstar Media Group (NXST) Overvalued in 2026?
Based on GuruFocus' analysis, Nexstar Media Group stock appears to be undervalued.
The current stock price of $184.80 is trading 21% below its estimated GF Value™ of $233.92.
GuruFocus considers Nexstar Media Group to be Modestly Undervalued.
Key valuation signals for NXST:
Liabilities-to-Assets: 0.87
GF Value™: $233.92 vs. price of $184.80 (21% below fair value)
No single metric tells the full story. See the NXST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
82GF Score
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