Salem Media Group, Inc. (SALM)

Salem Media Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	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	24.79	30.44	33.19	33.65	29.07	27.66
Other Receivables	2.37	2.15	2.96	2.01	1.38	1.12
Receivables	27.15	32.6	36.15	35.66	30.45	28.78
Inventory	-	-	-	1.51	0.96	0.5
Prepaid Expenses	5.19	5.97	5.64	7.62	6.77	6.85
Other Current Assets	68.11	68.11	4.73	0.27	1.55	3.35
Total Current Assets	100.44	106.67	46.81	45.06	41.51	45.8
Property, Plant & Equipment	108.61	104.72	119.27	125.03	123	127.48
Long-Term Investments	2.5	1.5	-	-	-	-
Goodwill	22.12	22.12	22.58	24.09	23.99	23.76
Other Intangible Assets	183.5	183.88	260.76	305.92	322.45	323.79
Long-Term Deferred Charges	0.83	0.74	1.17	0.68	0.84	0.21
Other Long-Term Assets	4.7	3.48	3.99	3.42	4.04	2.82
Total Assets	422.7	423.11	455.54	505.12	516.11	524.57
Accounts Payable	23.88	23.82	32.53	34.33	2.66	2.01
Accrued Expenses	0.09	0.1	0.98	0.95	26.09	22.47
Short-Term Debt	72	72	-	-	-	-
Current Portion of Long-Term Debt	24.34	24.62	16.83	8.96	-	5
Current Portion of Leases	9.29	9.72	8.69	8.35	8.71	9.02
Current Income Taxes Payable	0.24	0.11	-	-	1.54	0.56
Current Unearned Revenue	0.11	0.11	0.1	0.12	0.17	0.19
Other Current Liabilities	13.95	13.36	12.64	11.9	12.28	11.61
Total Current Liabilities	143.91	143.84	71.77	64.61	51.46	50.86
Long-Term Debt	8.41	5.25	152.96	150.37	170.58	213.76
Long-Term Leases	44.66	38.72	42.03	42.45	42.27	47.85
Long-Term Unearned Revenue	3.45	3.48	3.57	3.66	3.77	3.86
Long-Term Deferred Tax Liabilities	38.63	41	49.35	66.73	67.01	68.88
Other Long-Term Liabilities	1.8	1.85	3.35	1.95	2.81	4.07
Total Liabilities	240.86	234.13	323.03	329.77	337.9	389.29
Common Stock	0.32	0.3	0.3	0.29	0.29	0.28
Additional Paid-In Capital	289.54	289.57	249.28	248.82	248.44	247.03
Retained Earnings	-74.01	-66.88	-83.06	-39.75	-36.51	-78.02
Treasury Stock	-34.01	-34.01	-34.01	-34.01	-34.01	-34.01
Shareholders' Equity	181.84	188.99	132.51	175.36	178.21	135.28
Total Liabilities & Equity	422.7	423.11	455.54	505.12	516.11	524.57
Total Debt	158.7	150.3	220.52	210.12	221.56	275.63
Net Cash (Debt)	-158.7	-150.3	-220.23	-210.12	-219.78	-269.31
Net Cash Per Share	-5.58	-5.39	-8.09	-7.72	-8.05	-10.09
Filing Date Shares Outstanding	29.56	27.22	27.22	27.22	27.16	26.68
Total Common Shares Outstanding	29.56	27.22	27.22	27.22	27.16	26.68
Working Capital	-43.47	-37.17	-24.97	-19.55	-9.94	-5.06
Book Value Per Share	6.15	6.94	4.87	6.44	6.56	5.07
Tangible Book Value	-23.77	-17.01	-150.83	-154.65	-168.23	-212.27
Tangible Book Value Per Share	-0.80	-0.63	-5.54	-5.68	-6.19	-7.96
Land	23.02	23.19	25.34	27.07	26.9	30.25
Buildings	14.42	14.77	21.97	28.52	28.59	28.92
Machinery	141.76	140.67	147.86	146.01	145.42	145.47
Construction In Progress	5.44	5.73	7.82	9.89	8.1	2.68
Leasehold Improvements	20.67	20.49	19.55	19.13	18.1	18.19

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