Salem Media Group Balance Sheet Health
Financial Health criteria checks 0/6
Salem Media Group has a total shareholder equity of $123.3M and total debt of $166.8M, which brings its debt-to-equity ratio to 135.3%. Its total assets and total liabilities are $432.4M and $309.1M respectively.
Key information
135.3%
Debt to equity ratio
US$166.83m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.00k |
| Equity | US$123.30m |
| Total liabilities | US$309.11m |
| Total assets | US$432.41m |
Recent financial health updates
Here's Why Salem Media Group (NASDAQ:SALM) Is Weighed Down By Its Debt Load
Jul 24
Salem Media Group (NASDAQ:SALM) Seems To Be Using A Lot Of Debt
Jan 07Recent updates
Here's Why Salem Media Group (NASDAQ:SALM) Is Weighed Down By Its Debt Load
Jul 24Salem Media Group (NASDAQ:SALM) Seems To Be Using A Lot Of Debt
Jan 07Is Salem Media Group, Inc. (NASDAQ:SALM) Potentially Undervalued?
Nov 01Here's Why We Think Salem Media Group (NASDAQ:SALM) Might Deserve Your Attention Today
Oct 05Chris Stigall signs multi-year extension with Philadelphia's AM 990
Oct 03Salem Media sees Q3 revenue flat to up 2% y/y
Sep 07Is Salem Media Group (NASDAQ:SALM) Using Too Much Debt?
Aug 30Is It Too Late To Consider Buying Salem Media Group, Inc. (NASDAQ:SALM)?
Jul 20Is Now The Time To Put Salem Media Group (NASDAQ:SALM) On Your Watchlist?
Jun 15Salem Media Group (NASDAQ:SALM) Takes On Some Risk With Its Use Of Debt
May 11Salem Media Group (NASDAQ:SALM) Has A Somewhat Strained Balance Sheet
Dec 02What Is Salem Media Group, Inc.'s (NASDAQ:SALM) Share Price Doing?
Sep 23Salem Media Group's (NASDAQ:SALM) Robust Earnings Are Supported By Other Strong Factors
Aug 12What Is Salem Media Group, Inc.'s (NASDAQ:SALM) Share Price Doing?
Jun 07Is Salem Media Group (NASDAQ:SALM) A Risky Investment?
Feb 10
Financial Position Analysis
Short Term Liabilities: SALM's short term assets ($39.6M) do not cover its short term liabilities ($49.9M).
Long Term Liabilities: SALM's short term assets ($39.6M) do not cover its long term liabilities ($259.2M).
Debt to Equity History and Analysis
Debt Level: SALM's net debt to equity ratio (135.3%) is considered high.
Reducing Debt: SALM's debt to equity ratio has increased from 126.4% to 135.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SALM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SALM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Salem Media Group, Inc. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Weiss | BofA Global Research |
| Eric Wold | B. Riley Securities, Inc. |
| Barry Lucas | G. Research, LLC |