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Balance Sheets Overview

Current Ratio
156.15%
Quick Ratio
156.15%
Cash Ratio
16.98%
Debt to Asset Ratio
87.22%
Unit: Million (M) dollars
Assets Breakdown
    • Fcc licenses
    • Goodwill
    • Intangible assets, net-Contract ...
    • Others
Liabilities Breakdown
    • Debt
    • Retained earnings
    • Treasury stock - at cost 16,476,...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
218
379
280
236
Restricted cash
-
57
-
-
Accounts receivable, net of allowance for credit losses of 26 and 18, respectively
1,584
1,657
1,075
1,013
Broadcast rights
61
78
61
62
Prepaid expenses and other current assets
142
111
57
82
Total current assets
2,005
2,282
1,473
1,393
Property and equipment, net
1,849
1,855
1,158
1,162
Goodwill, gross
5,270
5,283
3,147
3,147
Reportable Broadcast Segment
43
-
-
-
All Other Segments
194
-
-
-
Goodwill, accumulated impairment
237
237
237
223
Goodwill
5,033
5,046
2,910
2,924
Fcc licenses
5,112
5,109
2,949
2,949
Intangible assets, net-Contract Based Intangible Assets
2,553
2,650
1,305
1,353
Intangible assets, net-Other Intangible Assets
334
333
282
306
Investments
387
367
396
774
Other noncurrent assets, net
442
461
373
388
Total assets
17,715
18,103
10,846
11,249
Current portion of debt
331
274
111
111
Accounts payable
162
200
133
100
Broadcast rights payable
58
74
48
71
Accrued expenses
589
591
314
353
Operating lease liabilities
54
52
41
41
Other current liabilities
90
108
64
69
Total current liabilities
1,284
1,299
711
745
Debt
11,413
11,878
6,222
6,248
Deferred tax liabilities
2,154
2,141
1,354
1,467
Other noncurrent liabilities
600
617
497
505
Total liabilities
15,451
15,935
8,784
8,965
Redeemable noncontrolling interests (note 2)
23
22
19
17
Additional paid-in capital
1,308
1,307
1,331
1,312
Accumulated other comprehensive loss
-15
-15
-15
-1
Retained earnings
3,695
3,639
3,537
3,765
Treasury stock - at cost 16,476,449 and 16,955,154 shares as of june 30, 2026 and december 31, 2025, respectively
2,723
2,763
2,789
2,790
Total nexstar media group, inc. stockholders' equity
2,265
2,168
2,064
2,286
Noncontrolling interests
-24
-22
-21
-19
Total stockholders' equity
2,241
2,146
2,043
2,267
Total liabilities, redeemable noncontrolling interests and stockholders' equity
17,715
18,103
10,846
11,249
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$5,270M Accounts receivable, netof allowance for...$1,584M (54.99%↑ Y/Y)Cash and cashequivalents$218M (-6.84%↓ Y/Y)Prepaid expenses andother current assets$142M (77.50%↑ Y/Y)Broadcast rights$61M (12.96%↑ Y/Y)Fcc licenses$5,112M (73.35%↑ Y/Y)Goodwill$5,033M (72.13%↑ Y/Y)Intangible assets,net-Contract Based...$2,553M (82.36%↑ Y/Y)Total current assets$2,005M (44.24%↑ Y/Y)Property and equipment,net$1,849M (56.96%↑ Y/Y)Other noncurrentassets, net$442M (16.32%↑ Y/Y)Investments$387M (-50.13%↓ Y/Y)Intangible assets,net-Other Intangible...$334M (0.91%↑ Y/Y)Goodwill, accumulatedimpairment$237M Total assets$17,715M (56.38%↑ Y/Y)All Other Segments$194M (331.11%↑ Y/Y)Reportable BroadcastSegment$43M (-98.51%↓ Y/Y)Total liabilities,redeemable noncontrolling...$17,715M (56.38%↑ Y/Y)Total liabilities$15,451M (70.32%↑ Y/Y)Total stockholders'equity$2,241M (0.13%↑ Y/Y)Redeemable noncontrollinginterests (note 2)$23M (27.78%↑ Y/Y)Noncontrolling interests-$24M (-33.33%↓ Y/Y)Debt$11,413M (81.88%↑ Y/Y)Deferred tax liabilities$2,154M (47.23%↑ Y/Y)Total currentliabilities$1,284M (56.01%↑ Y/Y)Other noncurrentliabilities$600M (17.42%↑ Y/Y)Total nexstar mediagroup, inc....$2,265M (0.40%↑ Y/Y)Treasury stock - at cost16,476,449 and 16,955,154...$2,723M (-2.44%↓ Y/Y)Accumulated othercomprehensive loss-$15M (-1400.00%↓ Y/Y)Accrued expenses$589M (77.41%↑ Y/Y)Current portion of debt$331M (206.48%↑ Y/Y)Accounts payable$162M (-14.74%↓ Y/Y)Other currentliabilities$90M (-18.92%↓ Y/Y)Broadcast rights payable$58M (-29.27%↓ Y/Y)Operating leaseliabilities$54M Retained earnings$3,695M (-1.60%↓ Y/Y)Additional paid-in capital$1,308M (1.16%↑ Y/Y)

NEXSTAR MEDIA GROUP, INC. (NXST)

NEXSTAR MEDIA GROUP, INC. (NXST)