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

Nexstar Media (NXST) reported Asset Writedowns and Impairment of $2.8 million for Q4 2021, down 48.2% on a YoY basis from $5.3 million in Q4 2020, and down 60.7% quarter-over-quarter from $7.0 million in Q3 2021.

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

Nexstar Media has reported Asset Writedowns and Impairment for 11 years, with the latest figure at $2.8 million in Q4 2021.

  • For the quarter ending Q4 2021, Asset Writedowns and Impairment fell 48.2% year-over-year to $2.8 million; the trailing twelve-month figure through Dec 2021 stood at $13.2 million (down 56.2% YoY), and the FY2025 full-year result was $14.0 million, down 41.67% from the prior year.
  • Asset Writedowns and Impairment for Q4 2021 stood at $2.8 million, down from $7.0 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $63.3 million in Q3 2019, with the low at $1.1 million in Q1 2021.
  • Historically, Asset Writedowns and Impairment has averaged $10.3 million across 5 years, with a median of $2.9 million in 2018.
  • Annual changes were most pronounced in 2019 — Asset Writedowns and Impairment jumped 3135.41% — and 2020, when it slumped 90.38%.
  • Nexstar Media's Asset Writedowns and Impairment stood at $13.8 million in 2017, then retreated by 16.07% to $11.6 million in 2018, then jumped by 375.43% to $55.2 million in 2019, then tumbled by 90.38% to $5.3 million in 2020, then slumped by 48.2% to $2.8 million in 2021.
  • The last three Asset Writedowns and Impairment figures came in at $2.8 million (Q4 2021), $7.0 million (Q3 2021), and $2.3 million (Q2 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nexstar Media 5.30 Bn 4.90 Bn -505.00 Mn
2 FuboTV 3.46 Bn 5.38 Bn 348.72 Mn
3 Newsmax 971.69 Mn 931.26 Mn 21.36 Mn
4 iHeartMedia 602.90 Mn 471.21 Mn 509.13 Mn
5 Gray Media 392.85 Mn 133.85 Mn 213.00 Mn
6 E.W. Scripps 278.28 Mn 194.55 Mn 206.07 Mn
7 CuriosityStream 155.40 Mn 146.19 Mn 11.62 Mn
8 Mediaco Holding 69.42 Mn 69.42 Mn -3.44 Mn
9 Saga Communications 54.67 Mn 24.23 Mn 17.72 Mn
10 Beasley Broadcast 43.08 Mn 36.65 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2021 2.75 Mn
Dec 31, 2021 2.75 Mn
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
Dec 31, 2019 55.20 Mn
Dec 31, 2019 55.20 Mn
Sep 30, 2019 63.32 Mn
Sep 30, 2019 63.32 Mn