SALEM MEDIA GROUP, INC. /DE/
SALEM MEDIA GROUP, INC. /DE/
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
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 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||||||||||
Assets Current | ||||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 0 | 0 | 0 | 0 | 1 | 3 | 0 | 2 | 24 | 20 | 23 | 6 | 19 | |||||
Accounts Receivable Net Current | 30 | 30 | 28 | 31 | 30 | 29 | 28 | 26 | 24 | 25 | 23 | 24 | 24 | |||||
Unbilled Contracts Receivable | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Income Taxes Receivable | 0 | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | - | |||||
Other Receivables Net Current | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | |||||
Inventory Net | 1 | 1 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | |||||
Prepaid Expense Current | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 7 | 8 | 7 | 8 | 7 | 7 | |||||
Assets Held For Sale Not Part Of Disposal Group Cu… | 8 | 1 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | - | - | 3 | 3 | |||||
Assets Current | 54 | 46 | 44 | 45 | 47 | 48 | 43 | 42 | 64 | 56 | 58 | 46 | 59 | |||||
Notes And Loans Receivable Net Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | |||||
Property Plant And Equipment Net | 80 | 83 | 84 | 81 | 80 | 80 | 80 | 79 | 78 | 79 | 79 | 79 | 81 | |||||
Operating Lease Right Of Use Asset | 45 | 45 | 44 | 44 | 44 | 44 | 46 | 44 | 44 | 45 | 47 | 48 | 49 | |||||
Finance Lease Right Of Use Asset | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Indefinite Lived License Agreements | 260 | 300 | 305 | 304 | 306 | 314 | 320 | 320 | 320 | 320 | 320 | 320 | 320 | |||||
Goodwill | 23 | 23 | 25 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | |||||
Other Indefinite Lived Intangible Assets | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Finite Lived Intangible Assets Net | 4 | 5 | 6 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 4 | 5 | |||||
Deferred Finance Costs Noncurrent Net | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | |||||
Other Assets Noncurrent | 4 | 4 | 4 | 3 | 3 | 3 | 7 | 4 | 4 | 3 | 3 | 3 | 3 | |||||
Assets | 471 | 507 | 513 | 505 | 507 | 515 | 524 | 516 | 538 | 532 | 534 | 525 | 541 | |||||
Liabilities And Stockhold… | ||||||||||||||||||
Liabilities Current | ||||||||||||||||||
Accounts Payable Current | 9 | 4 | 7 | 7 | 2 | 3 | 4 | 3 | 2 | 2 | 1 | 2 | 3 | |||||
Accrued Liabilities Current | 17 | 16 | 16 | 17 | 22 | 19 | 16 | 12 | 12 | 11 | 10 | 11 | 9 | |||||
Employee Related Liabilities Current | 9 | 10 | 9 | 10 | 11 | 12 | 11 | 13 | 11 | 11 | 11 | 10 | 10 | |||||
Interest Payable Current | 4 | 1 | 3 | 1 | 4 | 1 | 4 | 1 | 3 | 1 | 5 | 1 | 5 | |||||
Contract With Customer Liability Current | 13 | 13 | 14 | 12 | 12 | 12 | 13 | 12 | 12 | 12 | 13 | 12 | 15 | |||||
Deferred Rent Credit Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Accrued Income Taxes Current | - | - | - | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | |||||
Operating Lease Liability Current | 9 | 10 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |||||
Finance Lease Liability Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Long Term Debt Current | 21 | 23 | 18 | 9 | 0 | 0 | 0 | 0 | 0 | - | 0 | 5 | 17 | |||||
Liabilities Current | 81 | 78 | 76 | 65 | 60 | 56 | 57 | 51 | 48 | 47 | 49 | 51 | 68 | |||||
Long Term Debt Noncurrent | 153 | 152 | 152 | 150 | 156 | 156 | 168 | 171 | 209 | 225 | 225 | 214 | 214 | |||||
Operating Lease Liability Noncurrent | 43 | 42 | 43 | 42 | 42 | 43 | 45 | 42 | 43 | 44 | 46 | 48 | 49 | |||||
Finance Lease Liability Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Deferred Income Tax Liabilities Net | 55 | 64 | 64 | 67 | 66 | 66 | 67 | 67 | 69 | 68 | 69 | 69 | 70 | |||||
Contract With Customer Liability Noncurrent | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Deferred Rent Credit Noncurrent | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||
Other Liabilities Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | |||||
Liabilities | 339 | 344 | 343 | 330 | 330 | 326 | 344 | 338 | 378 | 394 | 398 | 389 | 409 | |||||
Stockholders Equity | ||||||||||||||||||
Additional Paid In Capital Common Stock | 249 | 249 | 249 | 249 | 249 | 249 | 249 | 248 | 248 | 248 | 247 | 247 | 247 | |||||
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 | 132 | 163 | 170 | 175 | 178 | 189 | 180 | 178 | 161 | 138 | 136 | 135 | 132 | |||||
Liabilities And Stockholders Equity | 471 | 507 | 513 | 505 | 507 | 515 | 524 | 516 | 538 | 532 | 534 | 525 | 541 | |||||
Allowance For Doubtful Accounts Receivable Current | 8 | 8 | 8 | 8 | 8 | 7 | 8 | 13 | 12 | 14 | 13 | 14 | 13 | |||||
Allowance For Doubtful Other Receivables Current | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | - | |||||
Inventory Valuation Reserves | - | - | - | - | - | - | - | - | - | 2 | 1 | 1 | 1 | |||||
Allowance For Notes And Loans Receivable Noncurren… | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | |||||
Accumulated Depreciation Depletion And Amortizatio… | 193 | 196 | 194 | - | 189 | 187 | 189 | 186 | 185 | 185 | 183 | 180 | 178 | |||||
Finite Lived Intangible Assets Accumulated Amortiz… | 61 | 60 | 60 | 59 | 59 | 59 | 58 | 58 | 58 | 58 | 59 | 59 | 58 | |||||
Treasury Stock Common Shares | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Subscribe to unlock 17+ years of financial data, unlimited metrics, and saved tables
Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables
Custom Table
Subscribe to unlock 17+ years of financial data, unlimited metrics, transformations, and saved visuals
Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals
Interactive Financial Visualizations
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2.13% | 2.13% | 3.19% | -17.11% | -22.37% | -10.53% | -23.68% | -57.89% | -51.32% | - | - | - |
| 2022 | 5.56% | -21.48% | -19.63% | 6.73% | -16.59% | -16.59% | -4.20% | -27.97% | -17.48% | 2.83% | -3.77% | -9.43% |
| 2021 | 2.03% | 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% |
Earnings Market Reaction data beyond 3 years is for subscribers only. Unlock the full earnings market reaction history Start 7-day free trial | ||||||||||||
Subscribe to unlock 17+ years of financial data and 90+ calculated metrics
Subscribe to unlock 17+ years of data and 90+ calculated metrics
Performance and Valuation Metrics
Rows marked with a lock icon are subscribers only — subscribe to unlock 90+ calculated metrics and 17+ years of history.
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 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | ||||||||||||||||||
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Insider Transactions
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Institutional Ownership
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.