Nexstar Media (NXST) Asset Writedowns and Impairment (2011 - 2021)

Nexstar Media (NXST) posted Asset Writedowns and Impairment of $7.0 million for Q3 2021, up 199.02% on a QoQ basis from $2.3 million in Q2 2021, and down 51.26% year-over-year from $14.4 million in Q3 2020.

Nexstar Media (NXST) Asset Writedowns and Impairment (2011 - 2021) Analysis & Trends

Nexstar Media's Asset Writedowns and Impairment history runs 11 years deep, the most recent figure standing at $7.0 million for Q3 2021.

  • Quarterly Asset Writedowns and Impairment fell 51.26% year-over-year to $7.0 million in Q3 2021, while the trailing twelve-month figure through Dec 2021 was $10.4 million (down 65.36% YoY) and the FY2025 annual result came in at $381.0 million, up 1487.5% from the prior year.
  • Asset Writedowns and Impairment was $7.0 million for Q3 2021 at Nexstar Media, up from $2.3 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $14.4 million in Q3 2020 and bottomed at $1.1 million in Q1 2021.
  • A 5-year average of $4.4 million and a median of $2.5 million in 2019 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment jumped 421.59% — and 2021, when it sank 72.63%.
  • Nexstar Media's Asset Writedowns and Impairment stood at $4.1 million in 2017, then surged by 182.41% to $11.6 million in 2018, then sank by 85.87% to $1.6 million in 2019, then jumped by 223.84% to $5.3 million in 2020, then surged by 31.8% to $7.0 million in 2021.
  • Business Quant data shows NXST's Asset Writedowns and Impairment at $7.0 million in Q3 2021, $2.3 million in Q2 2021, and $1.1 million in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nexstar Media 5.66 Bn 5.23 Bn 785.00 Mn
2 Newsmax 840.22 Mn 799.79 Mn 21.36 Mn
3 iHeartMedia 565.51 Mn 430.46 Mn 509.13 Mn
4 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn
5 E.W. Scripps 268.40 Mn 184.68 Mn 206.07 Mn
6 FuboTV 251.35 Mn -201.06 Mn 399.10 Mn
7 CuriosityStream 140.99 Mn 107.64 Mn 11.62 Mn
8 Mediaco Holding 83.31 Mn 80.20 Mn -3.44 Mn
9 Saga Communications 51.99 Mn 21.56 Mn 17.72 Mn
10 Beasley Broadcast 37.48 Mn 31.05 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2021 7.00 Mn
Sep 30, 2021 7.00 Mn
Jun 30, 2021 2.34 Mn
Jun 30, 2021 2.34 Mn
Mar 31, 2021 1.07 Mn
Mar 31, 2021 1.07 Mn
Dec 31, 2020 5.31 Mn
Dec 31, 2020 5.31 Mn
Sep 30, 2020 14.36 Mn
Sep 30, 2020 14.36 Mn
Jun 30, 2020 8.55 Mn
Jun 30, 2020 8.55 Mn
Mar 31, 2020 1.82 Mn
Mar 31, 2020 1.82 Mn
Jun 30, 2019 1.64 Mn
Jun 30, 2019 1.64 Mn
Mar 31, 2019 2.55 Mn
Mar 31, 2019 2.55 Mn
Dec 31, 2018 11.61 Mn
Dec 31, 2018 11.61 Mn