NXSTNexstar Media Group, Inc.
Is it safe?
Forensics clean, with a caveat: a safe balance sheet, but heavy debt (B).
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net sellers (-$1.7M, 90 days to Oct 8, 2026), selling is often routine.
Highly leveraged, watch solvency. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -65% · now 36% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can NXST take a bad year?
Nexstar Media Group, Inc. carries $11.5B of net debt at 8.28× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 8.28×
Net debt / EBITDA · 4.08× a year ago · the load is going up
- Altman Z-score
- 1.58
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 5.18×
Debt / equity
Details›
- Total debtQ2 2026
- $11.7B
- Cash and short-term investments
- $218M
- Net debt
- $11.5B
- EBITDA, trailing twelve months
- $1.39B
- Operating profit, trailing twelve months
- $1.04B
- Debt / equity
- 5.18×
- Total debt / EBITDA
- 8.44×
- Annualised volatilitytwo years of daily moves
- 36%
- Worst drawdown on file
- −65%
- Below its 52-week high
- 36%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.