SALM - Intrinsic Value and Financial Analysis - Salem Media Group, Inc.

Salem Media Group, Inc. SALM

Communication Services - Broadcasting - NASDAQ - US

Watchlist

$ 0.2497

11.5 %

$ 6.8 M

Market Cap

-0.15

P/E

BALANCE SHEET

505 M ASSETS

Growth Rates

1Year -2.13%

3Years -3.29%

5Years -2.48%

7Years -2.37%

10Years -1.01%

330 M LIABILITIES

Growth Rates

1Year -2.41%

3Years -3.66%

5Years -0.70%

7Years -2.28%

10Years -0.68%

175 M EQUITY

Growth Rates

1Year -1.60%

3Years -2.58%

5Years -5.39%

7Years -2.53%

10Years -1.60%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Salem Media Group, Inc.

505 M ASSETS
330 M LIABILITIES

Current Assets	45.1 M
Cash & Short-Term Investments	0
Receivables	35.7 M
Other Current Assets	9.4 M
Non-Current Assets	460 M
Long-Term Investments	0
PP&E	125 M
Other Non-Current Assets	335 M

Current Liabilities	64.6 M
Accounts Payable	6.54 M
Short-Term Debt	17.3 M
Other Current Liabilities	40.8 M
Non-Current Liabilities	265 M
Long-Term Debt	235 M
Other Non-Current Liabilities	29.9 M

Balance Sheet

Millions

	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998
ASSETS
Cash & Cash Equivalents	0	1.8	6.3	6 K	0.1	3 K	0.1	98 K	33 K	65 K	0.4	67 K	0.8	8.9	1.9	0.4	0.7	4.0	11.0	5.6	26.3	23.9	3.9	34.1	1.9
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	35.7	30.4	28.8	34.9	33.0	34.8	37.3	39.2	38.3	38.3	35.6	31.9	30.0	27.6	28.8	30.7	32.5	32.5	31.2	34.7	32.7	29.0	26.4	18.1	14.4
Inventory	1.5	1.0	0.5	0.7	0.7	0.7	0.7	0.9	0.6	6.9	6.2	0	0	4.8	8.2	8.2	0	7.1	0	0	111.6	2.8	0	0	0
Other Current Assets	7.9	8.3	10.2	6.1	9.8	10.3	15.7	17.8	15.4	12.6	12.3	10.0	9.4	8.0	8.2	17.0	7.3	19.5	9.3	6.5	111.8	3.1	4.3	3.3	3.1
Total Current Assets	45.1	41.5	45.8	41.7	43.6	46.7	55.5	56.8	54.4	51.0	45.4	42.0	40.2	44.5	39.1	47.9	40.6	45.8	48.9	46.8	170.8	56.0	34.5	55.5	19.4
PP&E	125.0	123.0	127.5	142.4	96.5	99.5	102.8	105.5	99.2	98.9	99.5	111.2	115.9	121.2	133.7	131.1	128.7	117.9	103.0	97.4	99.2	93.1	69.0	50.7	40.7
Intangible Assets	305.9	322.5	323.8	345.2	387.9	394.3	403.3	405.3	399.0	391.5	384.3	379.9	385.9	397.8	398.1	473.5	487.8	468.5	420.5	397.1	380.5	344.1	358.5	150.5	141.8
Goodwill	24.1	24.0	23.8	24.0	26.8	26.4	25.6	24.6	24.7	22.4	22.4	20.1	18.4	17.6	18.2	18.6	20.6	16.8	11.4	11.1	12.1	19.0	16.7	0	0
Long Term Investments	0	(67.0)	(68.9)	(38.8)	(34.9)	0.6	(9.3)	(7.3)	(4.5)	0.4	(2.2)	0.5	3.7	3.9	(5.7)	(5.6)	(5.0)	(4.6)	(4.7)	(4.8)	(2.3)	(1.5)	(2.2)	0	0
Other Long Term Assets	5.0	5.2	3.8	5.1	3.9	4.2	3.0	2.7	2.3	4.0	3.7	1.2	4.5	7.0	18.5	8.7	8.5	13.7	13.4	18.7	21.7	14.1	8.6	7.7	5.9
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	505.1	516.1	524.6	558.4	559.0	572.8	590.3	597.4	583.2	575.1	559.2	561.3	574.5	579.0	607.7	679.8	686.3	645.9	585.8	560.0	672.2	507.3	470.7	264.4	207.8
LIABILITIES
Accounts Payable	6.5	2.7	2.0	3.5	2.2	1.6	5.0	5.2	3.0	4.0	5.3	4.6	1.0	1.8	0.9	1.3	3.4	0.4	0.6	0.5	1.1	0.8	1.4	3.9	1.7
Short Term Debt	17.3	8.7	14.0	21.0	19.7	9.1	0.6	4.5	1.9	3.1	17.2	9.1	0.1	78 K	3.8	6.7	2.0	0.8	1.1	15 K	100.0	0.7	93 K	3.2	0
Other Current Liabilities	28.7	26.1	22.5	18.6	19.1	18.5	23.9	21.2	21.5	14.8	13.5	15.1	15.0	12.4	12.2	14.0	17.8	17.5	16.9	17.2	18.3	19.1	12.8	6.4	6.1
Total Current Liabilities	64.6	51.5	50.9	53.1	52.9	42.1	39.1	43.7	39.8	31.8	48.5	36.5	22.8	20.4	22.9	26.3	27.3	20.7	20.0	19.0	121.4	20.6	14.6	13.5	7.8
Long Term Debt	235.3	212.9	261.6	270.6	234.1	249.6	258.4	271.5	275.6	287.7	248.9	265.7	304.4	314.0	321.6	347.6	359.0	326.7	277.3	330.0	350.9	311.6	286.1	100.1	178.6
Deferred Tax Income	66.7	67.0	68.9	38.8	35.3	34.2	60.8	57.1	49.1	43.5	47.6	48.1	42.3	39.0	43.1	61.4	53.9	40.8	32.7	29.0	26.4	15.9	15.3	7.2	11.6
Other Liabilities	(42.4)	69.8	73.0	41.0	50.1	9.6	7.5	3.8	4.1	0.5	29 K	29 K	0.7	0.8	9.1	3.8	1.3	1.4	4.7	6.7	1.5	1.7	1.8	0.7	0.7
Total Liabilities	329.8	337.9	389.3	368.8	337.2	341.5	376.4	387.6	379.2	373.3	353.2	358.3	378.1	381.8	404.6	446.6	448.5	396.8	338.1	388.2	500.3	349.9	317.7	121.5	198.7
EQUITY
Common Stock	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.2	0.2	0.2	0.2	0.2	0.2
Retained Earnings	(39.7)	(36.5)	(78.0)	(23.3)	10.4	20.4	4.0	1.8	(2.8)	(2.1)	5.8	4.8	(0.8)	2.1	10.5	43.5	47.4	43.0	30.4	23.0	23.7	9.7	5.3	(4.8)	3.3
Other Accumulative Comprehensive Income/Loss	0	0	0	0	(170.8)	(164.7)	(156.0)	(162.4)	(155.5)	(145.2)	(135.8)	(125.7)	(117.2)	(107.1)	1.8	(1.5)	0.8	0.3	(59.2)	(62.5)	(52.5)	(43.1)	(36.7)	(31.9)	(25.5)
Total Equity	175.4	178.2	135.3	189.7	221.9	231.3	213.8	209.8	204.0	201.8	206.1	203.0	196.4	197.2	203.1	233.2	237.7	249.1	247.6	171.8	171.9	157.4	152.9	142.8	9.1
Total Liabilities and Equity	505.1	516.1	524.6	558.4	559.0	572.8	590.3	597.4	583.2	575.1	559.2	561.3	574.5	579.0	607.7	679.8	686.3	645.9	585.8	560.0	672.2	507.3	470.7	264.4	207.8
SHARES OUTSTANDING
Common Shares Outstanding	27.0	26.9	26.6	26.5	26.2	26.1	25.7	25.4	25.3	24.5	24.6	24.5	24.1	23.8	23.7	23.8	24.2	25.7	25.2	23.5	23.5	23.5	23.5	20.1	16.7

Balance Sheet

Premium Plan

Unlimited Plan