Nexstar Historical Cash Flow
| NXST Stock | USD 158.34 0.13 0.08% |
Analysis of Nexstar Broadcasting cash flow over time is an excellent tool to project Nexstar Broadcasting future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Total Cash From Operating Activities of 1 B or Net Income of 185 M as it is a great indicator of Nexstar Broadcasting ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Nexstar Broadcasting latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nexstar Broadcasting is a good buy for the upcoming year.
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About Nexstar Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Nexstar balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Nexstar's non-liquid assets can be easily converted into cash.
Nexstar Broadcasting Cash Flow Chart
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Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from Nexstar Broadcasting's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Nexstar Broadcasting's Total Cashflows From Investing Activities is comparatively stable compared to the past year. Cash And Cash Equivalents Changes is likely to gain to about 44.9 M in 2024, despite the fact that Other Non Cash Items is likely to grow to (266.9 M).
Nexstar Broadcasting cash flow statement Correlations
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Nexstar Broadcasting Account Relationship Matchups
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Nexstar Broadcasting cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 103.6M | (79.4M) | 37.2M | 13.2M | (72.7M) | (69.1M) | |
| Free Cash Flow | 220.0M | 1.0B | 1.1B | 1.2B | 850M | 892.5M | |
| Other Cashflows From Financing Activities | (98.3M) | (44.0M) | (28.6M) | 2.5B | 22M | 20.9M | |
| Other Non Cash Items | (167.5M) | (11.3M) | (32.5M) | (48.1M) | (281M) | (267.0M) | |
| Capital Expenditures | 197.5M | 217.0M | 150.8M | 157.3M | 149M | 156.5M | |
| Total Cash From Operating Activities | 417.5M | 1.3B | 1.2B | 1.4B | 999M | 1.0B | |
| Net Income | 236.3M | 808.1M | 830.4M | 943.5M | 346M | 185.0M | |
| Total Cash From Financing Activities | 4.4B | (1.3B) | (945.6M) | (1.5B) | (899M) | (854.1M) | |
| End Period Cash Flow | 248.7M | 169.3M | 206.5M | 219.7M | 147M | 78.2M | |
| Begin Period Cash Flow | 145.1M | 248.7M | 169.3M | 206.5M | 219.7M | 230.7M | |
| Dividends Paid | 82.8M | 101.0M | 118.2M | 142.2M | (191M) | (181.5M) | |
| Change To Liabilities | (100.3M) | (114.7M) | 27.7M | (49.7M) | (44.7M) | (42.5M) | |
| Change In Working Capital | (94.1M) | (112.2M) | (223.5M) | (113.5M) | 10M | 10.5M | |
| Depreciation | 408.7M | 564.9M | 588.5M | 662.1M | 941M | 988.1M | |
| Change To Netincome | (74.7M) | 44.2M | 233K | (139.3M) | (125.4M) | (119.1M) | |
| Sale Purchase Of Stock | (45.1M) | (281.9M) | (536.8M) | (880.7M) | (605M) | (574.8M) | |
| Change To Account Receivables | 2.2M | (16.1M) | (118.6M) | (11.6M) | (13M) | (13.7M) | |
| Stock Based Compensation | 38.6M | 48.3M | 46.7M | 61.6M | 60M | 63M | |
| Other Cashflows From Investing Activities | (4.5B) | 135.3M | 20.9M | 1.8M | 1.6M | 1.7M | |
| Change To Inventory | (37.2M) | 34.2M | (122.8M) | (90.1M) | (81.1M) | (77.0M) | |
| Change Receivables | 30.9M | 2.2M | (16.1M) | (118.6M) | (106.7M) | (101.4M) | |
| Net Borrowings | 4.5B | (893.2M) | (270.2M) | (479.6M) | (551.5M) | (524.0M) | |
| Total Cashflows From Investing Activities | (4.7B) | (39.8M) | (232.1M) | 125.2M | 112.7M | 118.3M | |
| Cash And Cash Equivalents Changes | 29.5M | 103.6M | (79.4M) | 37.2M | 42.8M | 44.9M | |
| Cash Flows Other Operating | 4.0M | 18.8M | (49.5M) | 5.1M | 4.6M | 6.7M | |
| Change To Operating Activities | 26.5M | (138.5M) | (84.3M) | (52.9M) | (47.6M) | (50.0M) | |
| Investments | (46.7M) | 42.0M | (232.1M) | 125.2M | (800K) | (840K) |
Pair Trading with Nexstar Broadcasting
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexstar Broadcasting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexstar Broadcasting will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nexstar Broadcasting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexstar Broadcasting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexstar Broadcasting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexstar Broadcasting Group to buy it.
The correlation of Nexstar Broadcasting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexstar Broadcasting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexstar Broadcasting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexstar Broadcasting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Nexstar Stock Analysis
When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.