Salem Media Group, Inc. /De/ financial data

Symbol
SALM on OTC
Industry
Radio Broadcasting Stations
Location
6400 North Belt Line Road, Irving, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
SALEM COMMUNICATIONS CORP /DE/ (to 2/13/2015)
Latest financial report
10-Q - Q3 2023 - Nov 13, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 63 % -21.2%
Quick Ratio 1.97 % -16.9%
Debt-to-equity 211 % +14.7%
Return On Equity -28.6 % -427%
Return On Assets -9.16 % -399%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 26.1M USD -30.2%
Weighted Average Number of Shares Outstanding, Basic 27.2M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 27.2M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 262M USD -2.14%
General and Administrative Expense 18.3M USD -4.49%
Operating Income (Loss) -42.9M USD -279%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -56.5M USD -524%
Income Tax Expense (Benefit) -10.8M USD -336%
Net Income (Loss) Attributable to Parent -45.8M USD -389%
Earnings Per Share, Basic -1.67 USD/shares -388%
Earnings Per Share, Diluted -1.67 USD/shares -393%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 0 USD -100%
Accounts Receivable, after Allowance for Credit Loss, Current 29.6M USD -2.83%
Inventory, Net 1.38M USD -5.08%
Assets, Current 53.8M USD +14.6%
Property, Plant and Equipment, Net 80.1M USD +0.08%
Operating Lease, Right-of-Use Asset 45.1M USD +3.09%
Goodwill 22.8M USD -4.59%
Other Assets, Noncurrent 3.99M USD +14.1%
Assets 471M USD -7.06%
Accounts Payable, Current 9.48M USD +310%
Employee-related Liabilities, Current 9.13M USD -15.9%
Accrued Liabilities, Current 16.7M USD -25.1%
Contract with Customer, Liability, Current 12.7M USD +8.36%
Liabilities, Current 81.4M USD +36.2%
Contract with Customer, Liability, Noncurrent 3.53M USD +79.4%
Deferred Income Tax Liabilities, Net 55.1M USD -16.2%
Operating Lease, Liability, Noncurrent 42.8M USD +0.77%
Other Liabilities, Noncurrent 60K USD -7.69%
Liabilities 339M USD +2.9%
Retained Earnings (Accumulated Deficit) -83.3M USD -122%
Stockholders' Equity Attributable to Parent 132M USD -25.6%
Liabilities and Equity 471M USD -7.06%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -570K USD -113%
Net Cash Provided by (Used in) Financing Activities 10.1M USD
Net Cash Provided by (Used in) Investing Activities -9.5M USD -94.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 USD -100%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.03M USD +1533%
Deferred Tax Assets, Valuation Allowance 40M USD +2.08%
Deferred Tax Assets, Gross 59.1M USD -0.26%
Operating Lease, Liability 51.7M USD +1.3%
Depreciation 11.3M USD -0.09%
Lessee, Operating Lease, Liability, to be Paid 73.9M USD +1%
Property, Plant and Equipment, Gross 235M USD +2.51%
Operating Lease, Liability, Current 8.9M USD +3.92%
Lessee, Operating Lease, Liability, to be Paid, Year Two 10.6M USD -1.47%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.8M USD +120%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Deferred Income Tax Expense (Benefit) -2.24M USD -44760%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 22.2M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.59M USD -20%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.39M USD -38.2%
Operating Lease, Payments 3.54M USD +24.3%
Amortization of Intangible Assets 2.1M USD +61.5%
Depreciation, Depletion and Amortization 3.39M USD +3.57%
Deferred Tax Assets, Net of Valuation Allowance 19.1M USD -4.82%
Interest Expense 13.7M USD -0.77%