NXST (Nexstar Media Group) Scaled Net Operating Assets : 0.74 (As of Sep. 2024)

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What is Nexstar Media Group Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nexstar Media Group's operating assets for the quarter that ended in Sep. 2024 was $11,512 Mil. Nexstar Media Group's operating liabilities for the quarter that ended in Sep. 2024 was $2,711 Mil. Nexstar Media Group's Total Assets for the quarter that ended in Jun. 2024 was $11,819 Mil. Therefore, Nexstar Media Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.74.

Nexstar Media Group Scaled Net Operating Assets Historical Data

The historical data trend for Nexstar Media Group's Scaled Net Operating 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.

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Nexstar Media Group Scaled Net Operating Assets Chart

Nexstar Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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1.46

0.72

0.76

0.72

Nexstar Media Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.74	0.75	0.74	0.75	0.75

Competitive Comparison of Nexstar Media Group's Scaled Net Operating Assets

For the Broadcasting subindustry, Nexstar Media Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating 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's Scaled Net Operating Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Nexstar Media Group's Scaled Net Operating Assets falls into.

Nexstar Media Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nexstar Media Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(11943	-	2881)	/	12679
=	0.71

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	12078	-	135
=	11943

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	9765	-	6713	-	171
=	2881

Nexstar Media Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(11512	-	2711)	/	11819
=	0.74

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	11693	-	181
=	11512

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	9452	-	6576	-	165
=	2711

Nexstar Media Group Scaled Net Operating Assets Related Terms

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Nexstar Media Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nexstar Media Group Inc (NAS:NXST) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

NXZ:Germany NXZ:Germany

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 over 200 stations in 116 markets. Of its 200 stations, 155 are affiliated with the four national broadcast networks: 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 stations in 12 of the top 20 television markets and reaches 68% of us 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.

Executives

Brett Jenkins	officer: Chief Technology Officer	C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, STE 700, IRVING TX 75062
John R Muse	director	2100 MCKINNEY AVENUE, SUITE 1600, DALLAS TX 75201
Perry A Sook	director, officer: Chief Executive Officer	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Gary Weitman	officer: See Remarks	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Charles Thomas Mcmillen	director	1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
Andrew Alford	officer: See Remarks	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Blake Russell	officer: Vice President, Marketing	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Jay M. Grossman	director	C/O ABRY PARTNERS, LLC, 888 BOYLSTON STREET, BOSTON MA 02199
D Geoffrey Armstrong	director	5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Rachel Morgan	officer: EVP General Counsel	545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Michael Biard	officer: President & COO	C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Michael Strober	officer: EVP, Chief Revenue Officer	545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Sean Compton	officer: President, Networks	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Lee Ann Gliha	officer: EVP, Chief Financial Officer	545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Dana Zimmer	officer: President, Distribution	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062