Salem Media Group, Inc. (SALM)

Salem Media Group Balance Sheet

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

Year Ending	TTM	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%
Receivables	33.04	36.15	35.66	30.45	28.78	34.93
Inventory	-	-	1.51	0.96	0.5	0.72
Prepaid Expenses	5.94	5.64	7.62	6.77	6.85	5.89
Restricted Cash	-	0.28	-	-	-	-
Other Current Assets	7.76	4.73	0.27	1.55	3.35	0.19
Total Current Assets	46.74	46.81	45.06	41.51	45.8	41.72
Property, Plant & Equipment	116.79	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	257.56	260.76	305.92	322.45	323.79	345.22
Long-Term Deferred Charges	1.3	1.17	0.68	0.84	0.21	0.22
Other Long-Term Assets	3.47	2.49	3.42	4.04	2.82	4.2
Total Assets	449.97	455.54	505.12	516.11	524.57	558.43
Accounts Payable	28.69	32.53	34.33	2.66	2.01	3.47
Accrued Expenses	3.95	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	8.77	8.69	8.35	8.71	9.02	8.55
Current Income Taxes Payable	-	-	-	1.54	0.56	0.53
Current Unearned Revenue	0.11	0.1	0.12	0.17	0.19	0.2
Other Current Liabilities	14.22	12.64	11.9	12.28	11.61	9.4
Total Current Liabilities	55.73	71.77	64.61	51.46	50.86	53.13
Long-Term Debt	168.65	152.96	150.37	170.58	213.76	216.47
Long-Term Leases	42.94	42.03	42.45	42.27	47.85	54.17
Long-Term Unearned Revenue	3.54	3.57	3.66	3.77	3.86	3.96
Long-Term Deferred Tax Liabilities	48.46	49.35	66.73	67.01	68.88	38.78
Other Long-Term Liabilities	3.2	3.35	1.95	2.81	4.07	2.26
Total Liabilities	322.52	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	249.41	249.28	248.82	248.44	247.03	246.68
Retained Earnings	-88.24	-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	127.45	132.51	175.36	178.21	135.28	189.66
Total Liabilities & Equity	449.97	455.54	505.12	516.11	524.57	558.43
Total Debt	220.36	220.52	210.12	221.56	275.63	291.62
Net Cash (Debt)	-220.36	-220.52	-210.12	-219.78	-269.31	-291.62
Net Cash Per Share	-8.10	-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	-8.99	-24.97	-19.55	-9.94	-5.06	-11.41
Book Value Per Share	4.68	4.87	6.44	6.56	5.07	7.11
Tangible Book Value	-152.69	-150.83	-154.65	-168.23	-212.27	-179.55
Tangible Book Value Per Share	-5.61	-5.54	-5.68	-6.19	-7.96	-6.73
Land	24.94	25.34	27.07	26.9	30.25	30.94
Buildings	21.96	21.97	28.52	28.59	28.92	30.28
Machinery	146.39	147.86	146.01	145.42	145.47	146.84
Construction In Progress	6.28	7.82	9.89	8.1	2.68	4.29
Leasehold Improvements	19.71	19.55	19.13	18.1	18.19	18.83

Source: S&P Capital IQ. Standard template.