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SALEM MEDIA GROUP, INC. /DE/

SALM

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Financial Statements

Values in Millions ($)
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
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Subscriber-only column
Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
00001302242023619
Accounts Receivable Net Current
30302831302928262425232424
Unbilled Contracts Receivable
2233333333333
Income Taxes Receivable
0000---0-----
Other Receivables Net Current
2222232121111
Inventory Net
1122121111101
Prepaid Expense Current
10998888787877
Assets Held For Sale Not Part Of Disposal Group Cu…
810000122--33
Assets Current
54464445474843426456584659
Notes And Loans Receivable Net Noncurrent
1111110001111
Property Plant And Equipment Net
80838481808080797879797981
Operating Lease Right Of Use Asset
45454444444446444445474849
Finance Lease Right Of Use Asset
0000000000000
Indefinite Lived License Agreements
260300305304306314320320320320320320320
Goodwill
23232524242424242424242424
Other Indefinite Lived Intangible Assets
------------0
Finite Lived Intangible Assets Net
4562222233445
Deferred Finance Costs Noncurrent Net
0001111110000
Other Assets Noncurrent
4443337443333
Assets
471507513505507515524516538532534525541
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current
9477234322123
Accrued Liabilities Current
1716161722191612121110119
Employee Related Liabilities Current
910910111211131111111010
Interest Payable Current
4131414131515
Contract With Customer Liability Current
13131412121213121212131215
Deferred Rent Credit Current
0000000000000
Accrued Income Taxes Current
---0001211111
Operating Lease Liability Current
91088999999999
Finance Lease Liability Current
0000000000000
Long Term Debt Current
212318900000-0517
Liabilities Current
81787665605657514847495168
Long Term Debt Noncurrent
153152152150156156168171209225225214214
Operating Lease Liability Noncurrent
43424342424345424344464849
Finance Lease Liability Noncurrent
0000000000000
Deferred Income Tax Liabilities Net
55646467666667676968696970
Contract With Customer Liability Noncurrent
4442222222222
Deferred Rent Credit Noncurrent
4444444444444
Other Liabilities Noncurrent
0000001122223
Liabilities
339344343330330326344338378394398389409
Stockholders Equity
Additional Paid In Capital Common Stock
249249249249249249249248248248247247247
Retained Earnings Accumulated Deficit
-83-52-45-40-38-26-35-37-53-75-78-78-81
Treasury Stock Value
-34-34-34-34-34-34-34-34-34-34-34-34-34
Stockholders Equity
132163170175178189180178161138136135132
Liabilities And Stockholders Equity
471507513505507515524516538532534525541
Allowance For Doubtful Accounts Receivable Current
8888878131214131413
Allowance For Doubtful Other Receivables Current
111111000000-
Inventory Valuation Reserves
---------2111
Allowance For Notes And Loans Receivable Noncurren…
0011101111100
Accumulated Depreciation Depletion And Amortizatio…
193196194-189187189186185185183180178
Finite Lived Intangible Assets Accumulated Amortiz…
61606059595958585858595958
Treasury Stock Common Shares
2222222222222

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
20232.13%2.13%3.19%-17.11%-22.37%-10.53%-23.68%-57.89%-51.32%---
20225.56%-21.48%-19.63%6.73%-16.59%-16.59%-4.20%-27.97%-17.48%2.83%-3.77%-9.43%
20212.03%31.98%4.06%25.11%35.24%107.05%-22.16%-18.81%-25.77%0.27%-17.21%-24.86%
2020------14.74%9.47%73.68%10.08%-13.31%-15.32%

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Performance and Valuation Metrics

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Metrics
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
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Liquidity Ratios
Current Ratio
0.66
0.59
0.58
0.70
0.79
0.85
0.76
0.81
1.32
1.19
1.18
0.90
0.87
Quick Ratio
0.52
0.46
0.44
0.56
0.62
0.67
0.60
0.66
1.14
1.02
1.01
0.76
0.75
Working Capital
-27.64M
-31.74M
-32.05M
-19.55M
-12.85M
-8.49M
-13.70M
-9.94M
15.47M
9.05M
8.83M
-5.06M
-9.11M
Leverage & Debt
Debt to Equity
2.57
2.11
2.01
1.88
1.86
1.72
1.91
1.90
2.35
2.84
2.92
2.88
3.10
Interest Coverage TTM
-3.13
-1.16
-0.31
0.39
1.73
3.30
3.07
2.93
2.03
1.33
0.92
-0.48
-0.76
Debt Ratio
0.72
0.68
0.67
0.65
0.65
0.63
0.66
0.65
0.70
0.74
0.75
0.74
0.76
Efficiency & Turnover
Asset Turnover TTM
0.53
0.52
0.52
0.52
0.51
0.51
0.49
0.50
0.47
0.46
0.44
0.44
0.42
Days Sales Outstanding TTM
41.85
40.50
38.48
38.57
37.45
36.88
35.57
35.43
35.01
34.61
38.32
42.72
44.54
Receivables Turnover TTM
8.72
9.01
9.49
9.46
9.75
9.90
10.26
10.30
10.42
10.55
9.52
8.54
8.20
Per Share Metrics
Diluted EPS TTM
-1.68
-0.97
-0.37
-0.12
0.58
1.81
1.55
1.52
1.03
0.23
0.05
-2.03
-2.23
Free Cash Flow Per Share TTM
-0.14
-0.13
0.11
0.28
0.65
0.74
0.65
0.84
0.54
0.52
0.91
0.86
0.96
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.02
0.05
Margin Metrics
Gross Profit Margin TTM
105.25%
105.00%
104.89%
104.89%
105.18%
105.53%
105.84%
106.12%
106.27%
106.40%
106.73%
106.80%
106.92%
Operating Profit Margin TTM
-16.41%
-5.82%
-1.49%
1.93%
8.97%
18.23%
17.92%
17.91%
12.69%
8.52%
6.16%
-3.28%
-5.28%
Net Profit Margin TTM
-17.49%
-9.94%
-3.78%
-1.21%
5.92%
18.69%
16.42%
16.08%
11.04%
2.51%
0.62%
-22.88%
-26.19%
Growth Metrics
Net Revenue Growth (1Y)
-2.14%
-0.55%
2.43%
3.38%
5.40%
7.31%
10.18%
9.32%
7.28%
3.49%
-5.70%
-6.96%
-7.82%
Net Income Growth (1Y)
-389.37%
-152.90%
-123.59%
-107.79%
-43.54%
698.30%
2,830.38%
-176.79%
-145.24%
-107.58%
-101.76%
94.20%
134.59%
EPS Growth (1Y)
-389.37%
-152.90%
-123.56%
-107.71%
-44.25%
688.16%
2,782.85%
-176.19%
-144.92%
-107.53%
-101.75%
92.88%
134.01%
Valuation Metrics
P/E TTM
-0.35
-0.99
-2.93
-8.83
3.00
1.16
2.15
1.98
3.56
10.99
53.66
-0.51
-0.39
P/B TTM
0.12
0.16
0.17
0.16
0.27
0.30
0.51
0.46
0.62
0.50
0.58
0.21
0.19
P/S TTM
0.06
0.10
0.11
0.11
0.18
0.22
0.35
0.32
0.39
0.28
0.33
0.12
0.10
Market Cap
16.06M
26.07M
29.67M
28.57M
47.36M
57.70M
92.13M
82.29M
99.69M
68.52M
78.61M
27.75M
24.43M
Enterprise Value
189.23M
201.03M
199.93M
187.93M
202.35M
210.82M
260.49M
251.15M
284.53M
274.04M
280.41M
240.25M
235.37M
Calculated Values
Free Cash Flow TTM
-3.75M
-3.51M
2.86M
7.74M
17.76M
20.09M
17.61M
22.49M
14.45M
14.08M
24.32M
22.85M
25.68M
Net Debt
173.17M
174.96M
170.26M
159.37M
154.99M
153.12M
168.36M
168.85M
184.84M
205.53M
201.81M
212.50M
210.94M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2021-11-09Sale
Owner: Santrella, David P
Title: President - Broadcast Media
Shares: 30,000
Price/Share: $4.05
Value: $121,500.00
Shares Owned: 35,851
Relationship: Officer
Ownership: Direct
2021-11-09Sale
Owner: Masyr, Evan D
Title: EVP & CFO
Shares: 76,750
Price/Share: $4.16
Value: $319,280.00
Shares Owned: 12,224
Relationship: Officer
Ownership: Direct
2021-10-22Sale
Owner: Henderson, Christopher J
Title: EVP, General Counsel & Secy
Shares: 6,250
Price/Share: $5.61
Value: $35,062.50
Shares Owned: 15,501
Relationship: Officer
Ownership: Direct
2021-10-01Sale
Owner: Henderson, Christopher J
Title: EVP, General Counsel & Secy
Shares: 51,650
Price/Share: $4.13
Value: $213,314.50
Shares Owned: 15,501
Relationship: Officer
Ownership: Direct
2021-03-11Sale
Owner: Santrella, David P
Title: President - Broadcast Media
Shares: 12,254
Price/Share: $3.29
Value: $40,315.66
Shares Owned: 35,851
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2023-12-31
9.63%
Inst. Shares: 2,620,987
Shares Outstanding: 27,216,787
2023-09-30
10.77%
Inst. Shares: 2,930,408
Shares Outstanding: 27,216,787
2023-06-30
11.81%
Inst. Shares: 3,214,358
Shares Outstanding: 27,216,787
2023-03-31
11.82%
Inst. Shares: 3,216,714
Shares Outstanding: 27,216,787
2022-12-31
10.79%
Inst. Shares: 2,934,491
Shares Outstanding: 27,206,434

SALEM MEDIA GROUP, INC. /DE/ (SALM) — SEC Financial Statements & Analysis

SALEM MEDIA GROUP, INC. /DE/ (SALM) is a radio broadcasting stations company, incorporated in DE. SALEM MEDIA GROUP, INC. /DE/ trades on OTC as: SALM. Based on its latest SEC filing (Form 10-Q, period ending 2023-09-30), SALEM MEDIA GROUP, INC. /DE/ reported a -2.14% year-over-year revenue growth, a Gross Profit Margin of 105.25% (TTM), a Debt-to-Equity ratio of 2.57x, a Price-to-Sales (P/S) ratio of 0.06x (TTM), a Price-to-Book (P/B) ratio of 0.12x (TTM), at a market cap of $16.06M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
-2.14%
Gross Profit Margin TTM
105.25%
Debt To Equity
2.57x
P/S TTM
0.06x
P/B TTM
0.12x
Market Cap
$16.06M

Data as of 2023-09-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is SALEM MEDIA GROUP, INC. /DE/ in?

SALEM MEDIA GROUP, INC. /DE/ (SALM) operates in the Radio Broadcasting Stations industry.

What is SALM's market cap?

SALEM MEDIA GROUP, INC. /DE/ (SALM) has a market capitalization of $16.06M as of 2023-09-30.

What exchange does SALM trade on?

SALEM MEDIA GROUP, INC. /DE/ (SALM) trades on the OTC.

Where is SALEM MEDIA GROUP, INC. /DE/ incorporated?

SALEM MEDIA GROUP, INC. /DE/ is incorporated in DE.

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Main Street's price.