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