Salem Media Group, Inc. (SALM)

Salem Media Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	-	-	-	1.79	6.33	0.01
Cash & Short-Term Investments	-	-	-	1.79	6.33	0.01
Cash Growth	-	-	-	-71.78%	105316.67%	-94.87%
Accounts Receivable	30.24	33.19	33.65	29.07	27.66	33.57
Other Receivables	2.36	2.96	2.01	1.38	1.12	1.35
Receivables	32.61	36.15	35.66	30.45	28.78	34.93
Inventory	-	-	1.51	0.96	0.5	0.72
Prepaid Expenses	6.63	5.64	7.62	6.77	6.85	5.89
Restricted Cash	-	0.28	-	-	-	-
Other Current Assets	-	4.73	0.27	1.55	3.35	0.19
Total Current Assets	39.23	46.81	45.06	41.51	45.8	41.72
Property, Plant & Equipment	115.88	119.27	125.03	123	127.48	142.4
Long-Term Investments	1.5	1.5	-	-	-	-
Goodwill	22.58	22.58	24.09	23.99	23.76	24
Other Intangible Assets	256.97	260.76	305.92	322.45	323.79	345.22
Long-Term Deferred Charges	1.11	1.17	0.68	0.84	0.21	0.22
Other Long-Term Assets	3.55	2.49	3.42	4.04	2.82	4.2
Total Assets	440.82	455.54	505.12	516.11	524.57	558.43
Accounts Payable	25.49	32.53	34.33	2.66	2.01	3.47
Accrued Expenses	1.09	0.98	0.95	26.09	22.47	18.55
Current Portion of Long-Term Debt	-	16.83	8.96	-	5	12.43
Current Portion of Leases	9.63	8.69	8.35	8.71	9.02	8.55
Current Income Taxes Payable	0.04	-	-	1.54	0.56	0.53
Current Unearned Revenue	0.11	0.1	0.12	0.17	0.19	0.2
Other Current Liabilities	13.13	12.64	11.9	12.28	11.61	9.4
Total Current Liabilities	49.48	71.77	64.61	51.46	50.86	53.13
Long-Term Debt	164.58	152.96	150.37	170.58	213.76	216.47
Long-Term Leases	42.64	42.03	42.45	42.27	47.85	54.17
Long-Term Unearned Revenue	3.52	3.57	3.66	3.77	3.86	3.96
Long-Term Deferred Tax Liabilities	48.01	49.35	66.73	67.01	68.88	38.78
Other Long-Term Liabilities	2.75	3.35	1.95	2.81	4.07	2.26
Total Liabilities	310.99	323.03	329.77	337.9	389.29	368.77
Common Stock	0.29	0.29	0.29	0.29	0.28	0.28
Additional Paid-In Capital	249.5	249.28	248.82	248.44	247.03	246.68
Retained Earnings	-85.94	-83.06	-39.75	-36.51	-78.02	-23.29
Treasury Stock	-34.01	-34.01	-34.01	-34.01	-34.01	-34.01
Shareholders' Equity	129.84	132.51	175.36	178.21	135.28	189.66
Total Liabilities & Equity	440.82	455.54	505.12	516.11	524.57	558.43
Total Debt	216.86	220.52	210.12	221.56	275.63	291.62
Net Cash (Debt)	-216.86	-220.52	-210.12	-219.78	-269.31	-291.62
Net Cash Per Share	-7.97	-8.10	-7.72	-8.05	-10.09	-11.00
Filing Date Shares Outstanding	27.22	27.22	27.22	27.16	26.68	26.68
Total Common Shares Outstanding	27.22	27.22	27.22	27.16	26.68	26.68
Working Capital	-10.25	-24.97	-19.55	-9.94	-5.06	-11.41
Book Value Per Share	4.77	4.87	6.44	6.56	5.07	7.11
Tangible Book Value	-149.71	-150.83	-154.65	-168.23	-212.27	-179.55
Tangible Book Value Per Share	-5.50	-5.54	-5.68	-6.19	-7.96	-6.73
Land	24.17	25.34	27.07	26.9	30.25	30.94
Buildings	22.03	21.97	28.52	28.59	28.92	30.28
Machinery	146.14	147.86	146.01	145.42	145.47	146.84
Construction In Progress	6.12	7.82	9.89	8.1	2.68	4.29
Leasehold Improvements	20.47	19.55	19.13	18.1	18.19	18.83

Source: S&P Capital IQ. Standard template. Financial Sources.