Salem Media Group Balance Sheet Health
Financial Health criteria checks 0/6
Salem Media Group has a total shareholder equity of $129.8M and total debt of $164.6M, which brings its debt-to-equity ratio to 126.8%. Its total assets and total liabilities are $440.8M and $311.0M respectively.
Key information
126.8%
Debt to equity ratio
US$164.58m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.00k |
| Equity | US$129.84m |
| Total liabilities | US$310.99m |
| Total assets | US$440.82m |
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 ($39.2M) do not cover its short term liabilities ($49.5M).
Long Term Liabilities: SALM's short term assets ($39.2M) do not cover its long term liabilities ($261.5M).
Debt to Equity History and Analysis
Debt Level: SALM's net debt to equity ratio (126.8%) is considered high.
Reducing Debt: SALM's debt to equity ratio has increased from 115.8% to 126.8% 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 43.8% each year