Salem Media Group, Inc. (SALM)

Salem Media Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	-	0.28	-	1.79	6.33
Cash & Short-Term Investments	-	0.28	-	1.79	6.33
Cash Growth	-	-	-	-71.78%	105316.67%
Accounts Receivable	30.44	33.19	33.65	29.07	27.66
Other Receivables	2.15	2.96	2.01	1.38	1.12
Receivables	32.6	36.15	35.66	30.45	28.78
Inventory	-	-	1.51	0.96	0.5
Prepaid Expenses	5.97	5.64	7.62	6.77	6.85
Other Current Assets	68.11	4.73	0.27	1.55	3.35
Total Current Assets	106.67	46.81	45.06	41.51	45.8
Property, Plant & Equipment	104.72	119.27	125.03	123	127.48
Long-Term Investments	1.5	-	-	-	-
Goodwill	22.12	22.58	24.09	23.99	23.76
Other Intangible Assets	183.88	260.76	305.92	322.45	323.79
Long-Term Deferred Charges	0.74	1.17	0.68	0.84	0.21
Other Long-Term Assets	3.48	3.99	3.42	4.04	2.82
Total Assets	423.11	455.54	505.12	516.11	524.57
Accounts Payable	23.82	32.53	34.33	2.66	2.01
Accrued Expenses	0.1	0.98	0.95	26.09	22.47
Short-Term Debt	72	-	-	-	-
Current Portion of Long-Term Debt	24.62	16.83	8.96	-	5
Current Portion of Leases	9.72	8.69	8.35	8.71	9.02
Current Income Taxes Payable	0.11	-	-	1.54	0.56
Current Unearned Revenue	0.11	0.1	0.12	0.17	0.19
Other Current Liabilities	13.36	12.64	11.9	12.28	11.61
Total Current Liabilities	143.84	71.77	64.61	51.46	50.86
Long-Term Debt	5.25	152.96	150.37	170.58	213.76
Long-Term Leases	38.72	42.03	42.45	42.27	47.85
Long-Term Unearned Revenue	3.48	3.57	3.66	3.77	3.86
Long-Term Deferred Tax Liabilities	41	49.35	66.73	67.01	68.88
Other Long-Term Liabilities	1.85	3.35	1.95	2.81	4.07
Total Liabilities	234.13	323.03	329.77	337.9	389.29
Common Stock	0.3	0.3	0.29	0.29	0.28
Additional Paid-In Capital	289.57	249.28	248.82	248.44	247.03
Retained Earnings	-66.88	-83.06	-39.75	-36.51	-78.02
Treasury Stock	-34.01	-34.01	-34.01	-34.01	-34.01
Shareholders' Equity	188.99	132.51	175.36	178.21	135.28
Total Liabilities & Equity	423.11	455.54	505.12	516.11	524.57
Total Debt	150.3	220.52	210.12	221.56	275.63
Net Cash (Debt)	-150.3	-220.23	-210.12	-219.78	-269.31
Net Cash Per Share	-5.39	-8.09	-7.72	-8.05	-10.09
Filing Date Shares Outstanding	27.22	27.22	27.22	27.16	26.68
Total Common Shares Outstanding	27.22	27.22	27.22	27.16	26.68
Working Capital	-37.17	-24.97	-19.55	-9.94	-5.06
Book Value Per Share	6.94	4.87	6.44	6.56	5.07
Tangible Book Value	-17.01	-150.83	-154.65	-168.23	-212.27
Tangible Book Value Per Share	-0.63	-5.54	-5.68	-6.19	-7.96
Land	23.19	25.34	27.07	26.9	30.25
Buildings	14.77	21.97	28.52	28.59	28.92
Machinery	140.67	147.86	146.01	145.42	145.47
Construction In Progress	5.73	7.82	9.89	8.1	2.68
Leasehold Improvements	20.49	19.55	19.13	18.1	18.19

Source: S&P Global Market Intelligence. Standard template. Financial Sources.