Nexstar Broadcasting Group Inc (NXST)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 219,000 | 2,219,000 | 2,267,000 | 2,321,000 | 2,299,000 | 2,332,000 | 2,543,000 | 2,624,000 | 2,741,000 | 2,926,100 | 2,869,700 | 2,915,700 | 2,850,340 | 2,618,740 | 2,610,170 | 2,574,200 | 2,518,390 | 2,234,630 | 2,180,320 | 2,093,150 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $219,000K
= 0.00
The debt-to-equity ratio for Nexstar Broadcasting Group Inc has remained consistently at 0.00 across the various quarters from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet and is entirely financed by equity. This suggests that Nexstar Broadcasting Group Inc has a strong financial position with no significant financial leverage or borrowing to fund its operations or investments. A low or zero debt-to-equity ratio is generally considered favorable as it implies lower financial risk and greater stability for the company. This consistent ratio may indicate a conservative financial management approach by Nexstar Broadcasting Group Inc, focusing on maintaining a strong equity base to support its operations and future growth.
Peer comparison
Dec 31, 2024