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| Date | Value |
|---|---|
| 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 |