Nexstar Broadcasting Group Inc (NXST)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 11,468,000 | 11,693,000 | 11,819,000 | 11,945,000 | 12,263,000 | 12,047,000 | 12,310,000 | 12,464,000 | 12,678,900 | 13,098,300 | 12,915,500 | 13,090,800 | 13,264,500 | 13,283,000 | 13,287,600 | 13,347,500 | 13,404,300 | 13,290,500 | 13,540,100 | 13,575,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $11,468,000K
= 0.00
The debt-to-assets ratio for Nexstar Broadcasting Group Inc has remained constant at 0.00 throughout the period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing for its assets during this time frame. A debt-to-assets ratio of 0.00 means that the company's total debt is zero in relation to its total assets, suggesting that the company has a strong financial position with minimal reliance on debt financing. It is important to note that a low debt-to-assets ratio can signify financial stability and lower risk, as the company is not burdened by high levels of debt obligations that may put pressure on its cash flows or profitability.
Peer comparison
Dec 31, 2024