Nexstar Broadcasting Group Inc (NXST)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,257,000 | 2,299,000 | 2,741,000 | 2,850,340 | 2,518,390 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,257,000K)
= 0.00
The debt-to-capital ratio for Nexstar Broadcasting Group Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations and investments during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily composed of equity, which can be perceived positively as it implies lower financial risk and less reliance on borrowed funds for funding its activities. However, it's important to consider the reasons behind the lack of debt in the capital structure and assess if this strategy aligns with the company's overall financial objectives and growth plans.
Peer comparison
Dec 31, 2024