Nexstar Media (NXST) Asset Writedowns and Impairment (2011 - 2021)
Nexstar Media's (NXST) quarterly Asset Writedowns and Impairment came in at $7.0 million in Q3 2021, down 51.26% YoY from $14.4 million in Q3 2020, and up 199.02% on a QoQ basis from $2.3 million in Q2 2021.
Nexstar Media (NXST) Asset Writedowns and Impairment (2011 - 2021) Analysis & Trends
Nexstar Media (NXST) has 11 years of Asset Writedowns and Impairment data on file, last reported at $7.0 million in 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 advanced to $7.0 million in Q3 2021, from $2.3 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $14.4 million in Q3 2020 to a low of $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 slumped 72.63%.
- Tracing NXST's Asset Writedowns and Impairment over 5 years: stood at $4.1 million in 2017, then soared by 182.41% to $11.6 million in 2018, then tumbled by 85.87% to $1.6 million in 2019, then surged by 223.84% to $5.3 million in 2020, then soared by 31.8% to $7.0 million in 2021.
- The last three Asset Writedowns and Impairment figures came in at $7.0 million (Q3 2021), $2.3 million (Q2 2021), and $1.1 million (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nexstar Media | 5.70 Bn | 5.48 Bn | 1.06 Bn |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn |
| 3 | Gray Media | 482.16 Mn | 306.16 Mn | 270.00 Mn |
| 4 | iHeartMedia | 440.79 Mn | 266.35 Mn | 576.68 Mn |
| 5 | E.W. Scripps | 300.67 Mn | 287.63 Mn | 196.33 Mn |
| 6 | FuboTV | 298.77 Mn | -153.64 Mn | 399.10 Mn |
| 7 | CuriosityStream | 164.84 Mn | 116.45 Mn | 16.93 Mn |
| 8 | Mediaco Holding | 88.37 Mn | 86.56 Mn | -1.26 Mn |
| 9 | Saga Communications | 55.91 Mn | 28.06 Mn | 20.50 Mn |
| 10 | Beasley Broadcast | 37.55 Mn | 30.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 16.05 Mn |
| Dec 31, 2021 | 16.05 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 |
| Jun 30, 2019 | 1.64 Mn |
| Jun 30, 2019 | 1.64 Mn |
| Mar 31, 2019 | 2.55 Mn |
| Mar 31, 2019 | 2.55 Mn |