Is it safe?
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.
$11.5B
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
- −26%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.