SALM
SALEM MEDIA GROUP, INC. /DE/Company Information
- Company Name
- SALEM MEDIA GROUP, INC. /DE/
- CIK
- CIK0001050606
- Category
- Non-accelerated filer<br>Smaller reporting company
- Ticker: Exchange
- SALM: OTC
- Fiscal Year End
- December 31
- Owner Organization
- 06 Technology
- SIC
- 4832
- SIC Description
- Radio Broadcasting Stations
- Ticker
- SALM
SEC filing data through
Insider Sentiment
- Last purchase
- 2020-04-09
- Last sale
- 2021-11-09
- Shares purchased (TTM)
- 0
- Shares sold (TTM)
- 188,983
Institutional Sentiment
- As of
- 2023-12-31
- Institutional shares owned
- 2,620,987
- Shares outstanding
- 27,216,787
- Ownership
- 9.63%
Earnings Market Reaction
- Filing date
- 2023-11-13
- Price on filing date
- —
- 1-month reaction
- -23.68%
- 3-month reaction
- -51.32%
Balance Sheet
Values in millions ($)| Line item | 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 | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 Current | 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 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 Noncurrent | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | ||||||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | 193 | 196 | 194 | - | 189 | 187 | 189 | 186 | 185 | 185 | 183 | 180 | 178 | ||||||
| Finite Lived Intangible Assets Accumulated Amortization | 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 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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 trialSALEM 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. SALEM MEDIA GROUP, INC. /DE/ (SALM)'s most recent SEC filing is a Form 10-Q for the period ended 2023-09-30, filed with the SEC on 2023-11-13. Based on that filing, On profitability, SALEM MEDIA GROUP, INC. /DE/ posts a gross margin of 105.25%, an operating margin of -16.41%, a net margin of -17.49%, a Return on Equity (ROE) of -29.55%, a Return on Assets (ROA) of -9.35%, and a Return on Invested Capital (ROIC) of -10.88%. Per share, it reports EPS of $-1.68, diluted EPS of $-1.68, free cash flow per share of $-0.14, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of -2.14% year-over-year, net income growth of -389.37% year-over-year, and EPS growth of -389.37% year-over-year. On the balance sheet, it maintains a current ratio of 0.66x, a quick ratio of 0.52x, working capital of $-27.64M, a debt-to-equity ratio of 2.57x, a debt ratio of 0.72, an interest coverage ratio of -3.13x, free cash flow of $-3.75M (TTM), and net debt of $173.17M. Figures sourced from SEC EDGAR.
- EPS TTM
- $-1.68
- ROE TTM
- -29.55%
- ROA TTM
- -9.35%
- Debt To Equity
- 2.57x
- Free Cash Flow TTM
- $-3.75M
- Net Revenue TTM Growth 1Y
- -2.14%
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 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.
When was SALEM MEDIA GROUP, INC. /DE/ (SALM)'s most recent SEC filing?
SALEM MEDIA GROUP, INC. /DE/ (SALM)'s most recent SEC filing is a Form 10-Q for the period ended 2023-09-30, filed with the SEC on 2023-11-13.
What is SALM's EPS (earnings per share)?
SALEM MEDIA GROUP, INC. /DE/ (SALM)'s trailing twelve month EPS is $-1.68 as of 2023-09-30.
What is SALM's ROE (return on equity)?
SALEM MEDIA GROUP, INC. /DE/ (SALM)'s trailing twelve month Return on Equity (ROE) is -29.55% as of 2023-09-30.
What is SALM's ROA (return on assets)?
SALEM MEDIA GROUP, INC. /DE/ (SALM)'s trailing twelve month Return on Assets (ROA) is -9.35% as of 2023-09-30.
What is SALM's ROIC (return on invested capital)?
SALEM MEDIA GROUP, INC. /DE/ (SALM)'s trailing twelve month Return on Invested Capital (ROIC) is -10.88% as of 2023-09-30.