• Nexstar Media average current ratio for 2023 was 1.74, a 8.42% decline from 2022.
• Nexstar Media average current ratio for 2022 was 1.9, a 18.75% decline from 2021.
• Nexstar Media average current ratio for 2021 was 1.6, a 11.11% increase from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.