Nexstar Ev To Free Cash Flow vs Free Cash Flow Analysis

NXST Stock  USD 169.15  1.61  0.96%   
Nexstar Broadcasting financial indicator trend analysis is infinitely more than just investigating Nexstar Broadcasting recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexstar Broadcasting is a good investment. Please check the relationship between Nexstar Broadcasting Ev To Free Cash Flow and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Ev To Free Cash Flow vs Free Cash Flow

Ev To Free Cash Flow vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexstar Broadcasting Ev To Free Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nexstar Broadcasting's Ev To Free Cash Flow and Free Cash Flow is -0.4. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Nexstar Broadcasting Group, assuming nothing else is changed. The correlation between historical values of Nexstar Broadcasting's Ev To Free Cash Flow and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Nexstar Broadcasting Group are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Ev To Free Cash Flow i.e., Nexstar Broadcasting's Ev To Free Cash Flow and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Nexstar Broadcasting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexstar Broadcasting current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Nexstar Broadcasting's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.29 in 2024, whereas Tax Provision is likely to drop slightly above 141.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B3.2B2.8B2.9B
Total Revenue4.6B5.2B4.9B5.2B

Nexstar Broadcasting fundamental ratios Correlations

1.00.80.30.80.721.00.970.850.970.970.990.931.00.990.74-0.21.0-0.30.981.00.980.00.861.00.7
1.00.80.30.80.731.00.970.840.970.950.990.931.00.980.72-0.190.99-0.350.981.00.980.010.841.00.72
0.80.80.161.00.810.80.780.510.740.780.740.650.810.780.540.130.81-0.410.720.80.710.230.550.80.76
0.30.30.160.160.290.310.160.280.160.260.30.290.320.250.050.240.31-0.010.250.30.330.370.090.320.41
0.80.81.00.160.810.80.780.510.740.780.740.650.810.780.540.130.81-0.410.720.80.710.230.550.80.76
0.720.730.810.290.810.710.690.450.650.720.640.510.730.740.490.430.74-0.640.610.720.640.410.370.720.72
1.01.00.80.310.80.710.970.840.970.960.990.931.00.980.72-0.191.0-0.310.981.00.970.020.841.00.73
0.970.970.780.160.780.690.970.90.990.970.960.920.960.980.85-0.30.97-0.350.970.970.96-0.160.90.970.59
0.850.840.510.280.510.450.840.90.890.880.870.90.830.870.9-0.50.84-0.230.90.840.91-0.350.930.850.32
0.970.970.740.160.740.650.970.990.890.940.970.90.970.970.81-0.310.97-0.310.960.970.96-0.150.890.970.62
0.970.950.780.260.780.720.960.970.880.940.950.920.950.990.8-0.210.97-0.280.950.960.96-0.050.880.970.58
0.990.990.740.30.740.640.990.960.870.970.950.950.990.970.71-0.280.99-0.270.990.990.99-0.070.880.990.68
0.930.930.650.290.650.510.930.920.90.90.920.950.920.910.69-0.450.92-0.260.980.930.97-0.190.930.930.5
1.01.00.810.320.810.731.00.960.830.970.950.990.920.980.71-0.160.99-0.330.971.00.970.040.831.00.74
0.990.980.780.250.780.740.980.980.870.970.990.970.910.980.78-0.190.99-0.310.960.980.97-0.030.860.990.64
0.740.720.540.050.540.490.720.850.90.810.80.710.690.710.78-0.360.73-0.240.740.720.74-0.340.80.720.25
-0.2-0.190.130.240.130.43-0.19-0.3-0.5-0.31-0.21-0.28-0.45-0.16-0.19-0.36-0.16-0.18-0.36-0.19-0.310.88-0.65-0.180.38
1.00.990.810.310.810.741.00.970.840.970.970.990.920.990.990.73-0.16-0.310.970.990.970.030.841.00.72
-0.3-0.35-0.41-0.01-0.41-0.64-0.31-0.35-0.23-0.31-0.28-0.27-0.26-0.33-0.31-0.24-0.18-0.31-0.31-0.33-0.32-0.04-0.18-0.31-0.24
0.980.980.720.250.720.610.980.970.90.960.950.990.980.970.960.74-0.360.97-0.310.980.99-0.130.920.980.59
1.01.00.80.30.80.721.00.970.840.970.960.990.931.00.980.72-0.190.99-0.330.980.980.010.841.00.72
0.980.980.710.330.710.640.970.960.910.960.960.990.970.970.970.74-0.310.97-0.320.990.98-0.10.90.980.6
0.00.010.230.370.230.410.02-0.16-0.35-0.15-0.05-0.07-0.190.04-0.03-0.340.880.03-0.04-0.130.01-0.1-0.480.020.58
0.860.840.550.090.550.370.840.90.930.890.880.880.930.830.860.8-0.650.84-0.180.920.840.9-0.480.850.27
1.01.00.80.320.80.721.00.970.850.970.970.990.931.00.990.72-0.181.0-0.310.981.00.980.020.850.72
0.70.720.760.410.760.720.730.590.320.620.580.680.50.740.640.250.380.72-0.240.590.720.60.580.270.72
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Nexstar Broadcasting Account Relationship Matchups

Nexstar Broadcasting fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0B13.4B13.3B12.7B12.1B12.7B
Net Debt8.3B7.5B7.3B6.8B7.0B7.3B
Cash232.1M152.7M190.9M204.1M147M76.1M
Other Assets456.9M6.9B153.1M89.9M103.4M98.2M
Cash And Short Term Investments232.1M152.7M190.9M204.1M147M76.1M
Common Stock Shares Outstanding47.9M46.7M44.0M40.2M35.8M32.9M
Liabilities And Stockholders Equity14.0B13.4B13.3B12.7B12.1B12.7B
Total Liab11.9B10.9B10.4B9.9B9.8B10.3B
Total Current Assets1.4B1.2B1.4B1.6B1.5B1.5B
Other Current Liab138.2M455.2M406.3M471.6M508M533.4M
Total Current Liabilities947.6M730.9M787.3M893.2M961M1.0B
Total Stockholder Equity2.0B2.5B2.9B2.7B2.3B2.4B
Other Liab2.4B2.2B2.0B2.0B2.2B2.4B
Accounts Payable157.4M218.4M248.2M197.7M235M246.8M
Long Term Debt8.4B7.6B7.4B6.8B6.7B7.0B
Good Will3.0B3.0B3.1B3.0B2.9B3.1B
Other Current Assets67.2M152.5M200.8M315.4M224M235.2M
Other Stockholder Equity1.2B995.4M504.1M(319.5M)(890M)(845.5M)
Intangible Assets6.2B5.8B5.6B5.3B5.1B5.3B
Property Plant Equipment1.5B1.6B1.8B1.6B1.8B1.9B
Short Long Term Debt Total8.5B7.7B7.5B7.0B7.1B7.5B
Property Plant And Equipment Net1.3B1.6B1.5B1.3B1.6B1.6B
Current Deferred Revenue542.7M412.7M392.8M(420M)(483M)(458.9M)
Retained Earnings778.8M1.5B2.2B3.0B3.2B3.3B
Non Current Assets Total12.6B12.2B11.9B11.1B10.6B11.1B
Non Currrent Assets Other692.2M422.7M285.0M178.3M96M122.2M
Net Receivables883.9M904.8M1.0B1.1B1.1B1.1B
Non Current Liabilities Total11.0B10.1B9.6B9.0B8.8B9.2B
Inventory22.7M168.6M1.015.6M(88M)(83.6M)
Property Plant And Equipment Gross1.3B1.6B2.3B2.1B2.2B2.3B
Accumulated Other Comprehensive Income19.9M34.5M141.7M26.9M1M1.1M
Short Term Debt109.3M57.3M132.8M223.9M218M228.9M
Net Tangible Assets(7.9B)(7.0B)(6.1B)(5.6B)(5.0B)(5.3B)
Retained Earnings Total Equity620.4M778.8M1.5B2.2B2.5B2.7B
Capital Surpluse1.4B1.4B1.4B1.3B1.5B959.2M
Non Current Liabilities Other894.7M815.9M523.3M583.6M571M379.6M
Noncontrolling Interest In Consolidated Entity16.2M22.0M18.5M7.1M8.2M7.7M

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