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For the quarter ending 2026-03-31, NXST has $18,103M in assets. $15,935M in debts. $379M in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
175.67%
Quick Ratio
175.67%
Cash Ratio
29.18%
Debt to Asset Ratio
88.02%
Unit: Million (M) dollars
Assets Breakdown
    • Fcc licenses
    • Goodwill
    • Intangible assets, net-Contract ...
    • Others
Liabilities Breakdown
    • Debt
    • Retained earnings
    • Treasury stock - at cost 16,744,...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
379 280 236 234
Restricted cash
57 ---
Accounts receivable, net of allowance for credit losses of 25 and 18, respectively
1,657 1,075 1,013 1,022
Broadcast rights
78 61 62 54
Prepaid expenses and other current assets
111 57 82 80
Total current assets
2,282 1,473 1,393 1,390
Property and equipment, net
1,855 1,158 1,162 1,178
Goodwill, gross
5,283 3,147 3,147 -
Goodwill, accumulated impairment
237 237 223 -
Goodwill
5,046 2,910 2,924 2,924
Fcc licenses
5,109 2,949 2,949 2,949
Intangible assets, net-Contract Based Intangible Assets
2,650 1,305 1,353 1,400
Intangible assets, net-Other Intangible Assets
333 282 306 331
Investments
367 396 774 776
Other noncurrent assets, net
461 373 388 380
Total assets
18,103 10,846 11,249 11,328
Current portion of debt
274 111 111 108
Accounts payable
200 133 100 190
Broadcast rights payable
74 48 71 82
Accrued expenses
591 314 353 332
Operating lease liabilities
52 41 41 -
Other current liabilities
108 64 69 111
Total current liabilities
1,299 711 745 823
Debt
11,878 6,222 6,248 6,275
Deferred tax liabilities
2,141 1,354 1,467 1,463
Other noncurrent liabilities
617 497 505 511
Total liabilities
15,935 8,784 8,965 9,072
Redeemable noncontrolling interests (note 2)
22 19 17 18
Additional paid-in capital
1,307 1,331 1,312 1,293
Accumulated other comprehensive loss
-15 -15 -1 -1
Retained earnings
3,639 3,537 3,765 3,755
Treasury stock - at cost 16,744,977 and 16,955,154 shares as of march 31, 2026 and december 31, 2025, respectively
2,763 2,789 2,790 2,791
Total nexstar media group, inc. stockholders' equity
2,168 2,064 2,286 2,256
Noncontrolling interests
-22 -21 -19 -18
Total stockholders' equity
2,146 2,043 2,267 2,238
Total liabilities, redeemable noncontrolling interests and stockholders' equity
18,103 10,846 11,249 11,328
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Goodwill, gross$5,283M Accounts receivable, netof allowance for...$1,657M Cash and cashequivalents$379M Prepaid expenses andother current assets$111M Broadcast rights$78M Restricted cash$57M Fcc licenses$5,109M Goodwill$5,046M Intangible assets,net-Contract Based...$2,650M Total current assets$2,282M Property and equipment,net$1,855M Other noncurrentassets, net$461M Investments$367M Intangible assets,net-Other Intangible...$333M Goodwill, accumulatedimpairment$237M Total assets$18,103M Total liabilities,redeemable noncontrolling...$18,103M Total liabilities$15,935M Total stockholders'equity$2,146M Redeemable noncontrollinginterests (note 2)$22M Noncontrolling interests-$22M Debt$11,878M Deferred tax liabilities$2,141M Total currentliabilities$1,299M Other noncurrentliabilities$617M Total nexstar mediagroup, inc....$2,168M Treasury stock - at cost16,744,977 and 16,955,154...$2,763M Accumulated othercomprehensive loss-$15M Accrued expenses$591M Current portion of debt$274M Accounts payable$200M Other currentliabilities$108M Broadcast rights payable$74M Operating leaseliabilities$52M Retained earnings$3,639M Additional paid-in capital$1,307M

NEXSTAR MEDIA GROUP, INC. (NXST)

NEXSTAR MEDIA GROUP, INC. (NXST)