Salem Media Group, Inc.

OTCPK:SALM Stock Report

Market Cap: US$7.0m

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 ration/a
CashUS$2.00k
EquityUS$129.84m
Total liabilitiesUS$310.99m
Total assetsUS$440.82m

Recent financial health updates

Here's Why Salem Media Group (NASDAQ:SALM) Is Weighed Down By Its Debt Load

Jul 24
Here's Why Salem Media Group (NASDAQ:SALM) Is Weighed Down By Its Debt Load

Salem Media Group (NASDAQ:SALM) Seems To Be Using A Lot Of Debt

Jan 07
Salem Media Group (NASDAQ:SALM) Seems To Be Using A Lot Of Debt

Recent updates

Here's Why Salem Media Group (NASDAQ:SALM) Is Weighed Down By Its Debt Load

Jul 24
Here's Why Salem Media Group (NASDAQ:SALM) Is Weighed Down By Its Debt Load

Salem Media Group (NASDAQ:SALM) Seems To Be Using A Lot Of Debt

Jan 07
Salem Media Group (NASDAQ:SALM) Seems To Be Using A Lot Of Debt

Is Salem Media Group, Inc. (NASDAQ:SALM) Potentially Undervalued?

Nov 01
Is Salem Media Group, Inc. (NASDAQ:SALM) Potentially Undervalued?

Here's Why We Think Salem Media Group (NASDAQ:SALM) Might Deserve Your Attention Today

Oct 05
Here's Why We Think Salem Media Group (NASDAQ:SALM) Might Deserve Your Attention Today

Chris Stigall signs multi-year extension with Philadelphia's AM 990

Oct 03

Salem Media sees Q3 revenue flat to up 2% y/y

Sep 07

Is Salem Media Group (NASDAQ:SALM) Using Too Much Debt?

Aug 30
Is Salem Media Group (NASDAQ:SALM) Using Too Much Debt?

Is It Too Late To Consider Buying Salem Media Group, Inc. (NASDAQ:SALM)?

Jul 20
Is It Too Late To Consider Buying Salem Media Group, Inc. (NASDAQ:SALM)?

Is Now The Time To Put Salem Media Group (NASDAQ:SALM) On Your Watchlist?

Jun 15
Is Now The Time To Put Salem Media Group (NASDAQ:SALM) On Your Watchlist?

Salem Media Group (NASDAQ:SALM) Takes On Some Risk With Its Use Of Debt

May 11
Salem Media Group (NASDAQ:SALM) Takes On Some Risk With Its Use Of Debt

Salem Media Group (NASDAQ:SALM) Has A Somewhat Strained Balance Sheet

Dec 02
Salem Media Group (NASDAQ:SALM) Has A Somewhat Strained Balance Sheet

What Is Salem Media Group, Inc.'s (NASDAQ:SALM) Share Price Doing?

Sep 23
What Is Salem Media Group, Inc.'s (NASDAQ:SALM) Share Price Doing?

Salem Media Group's (NASDAQ:SALM) Robust Earnings Are Supported By Other Strong Factors

Aug 12
Salem Media Group's (NASDAQ:SALM) Robust Earnings Are Supported By Other Strong Factors

What Is Salem Media Group, Inc.'s (NASDAQ:SALM) Share Price Doing?

Jun 07
What Is Salem Media Group, Inc.'s (NASDAQ:SALM) Share Price Doing?

Is Salem Media Group (NASDAQ:SALM) A Risky Investment?

Feb 10
Is Salem Media Group (NASDAQ:SALM) A Risky Investment?

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


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