Export financials
Salem Media Group (SALM)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
CSV downloads as a ZIP archive with one file for each report and frequency.

Salem Media Group Balance Sheet 2022-2008 | SALM
Brief overview of Salem Media Group's assets and capital
The review uses the five latest available annual reports between 2018 and 2022.
Assets finished at $505.1 million versus $559 million initially, losing -9.6%. The balance sheet contracted.
Asset and liability trends were close, at -9.6% and -2.2%. Expansion did not materially reshape funding sources.
The equity ratio is 34.7% versus 39.7% five periods ago. Capitalization remains workable.
Retained earnings are negative at -$39.7 million. This reduces the formal capital cushion, although large shareholder returns may have contributed.
Overall picture
Salem Media Group's balance sheet presents a mixed picture: strengths coexist with a limited cushion. Future capital and debt trends are particularly important.
Annual Balance Sheet Salem Media Group
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
- | 177 M | 216 M | 225 M | 254 M | 9 M | 261 M | 269 M | 276 M | 288 M | 248 M | 266 M | 304 M | - | - |
Long Term Debt |
150 M | 171 M | 214 M | 216 M | 234 M | 9 M | 261 M | 269 M | 276 M | 288 M | 249 M | 266 M | 304 M | - | - |
Long Term Debt Current |
8.3 M | 8.65 M | 8.96 M | 8.48 M | 19.7 M | - | - | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | - | 338 M | 316 M | 284 M | 299 M | 337 M | 344 M | 339 M | 342 M | 305 M | 322 M | - | - | - |
Total Current Liabilities |
64.6 M | 51.5 M | 50.9 M | 53.1 M | 52.9 M | 42.1 M | 39.1 M | 44.8 M | 39.8 M | 31.8 M | 51.5 M | 36.5 M | 22.8 M | - | - |
Total Liabilities |
330 M | 338 M | 389 M | 369 M | 337 M | 342 M | 379 M | 386 M | 379 M | 373 M | 356 M | 358 M | 378 M | - | - |
Deferred Revenue |
11.9 M | 12.3 M | 11.7 M | 9.49 M | 11.5 M | 10.5 M | 9.49 M | 11.5 M | 13.2 M | 9.72 M | 9.53 M | 7.52 M | 6.51 M | - | - |
Retained Earnings |
-39.7 M | -36.5 M | -78 M | 23.3 M | 10.4 M | 20.4 M | 2.52 M | 321 K | -4.22 M | -2.06 M | 5.83 M | 4.82 M | -802 K | - | - |
Total Assets |
505 M | 516 M | 525 M | 558 M | 559 M | 573 M | 590 M | 596 M | 583 M | 575 M | 562 M | 561 M | 574 M | - | - |
Cash and Cash Equivalents |
- | 1.78 M | 6.32 M | 6 K | 117 K | 3 K | 130 K | 98 K | 33 K | 65 K | 380 K | 67 K | 828 K | 8.94 M | 1.89 M |
Book Value |
175 M | 178 M | 135 M | 190 M | 222 M | 231 M | 211 M | 210 M | 204 M | 202 M | 206 M | 203 M | 196 M | - | - |
Total Shareholders Equity |
175 M | 178 M | 135 M | 190 M | 222 M | 231 M | 211 M | 207 M | 201 M | 202 M | 206 M | 203 M | 196 M | 197 M | 203 M |
Annual performance
Select metrics to display
All numbers in USD currency
Quarterly Balance Sheet Salem Media Group
| 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
153 M | 152 M | 152 M | - | 156 M | 156 M | 168 M | 171 M | 209 M | 225 M | 225 M | 214 M | 214 M | 213 M | 213 M | 216 M | 228 M | 228 M | 228 M | 234 M | 10.2 M | 11.9 M | 234 M | 9 M | 249 M | 249 M | 256 M | - | 265 M | 266 M | 267 M | 269 M | 272 M | 273 M | 274 M | 276 M | 276 M | 288 M | 288 M | 288 M | 291 M | 293 M | 303 M | 249 M | 250 M | 273 M | 271 M | 266 M | 278 M | 288 M | 266 M |
Total Liabilities |
339 M | 344 M | 343 M | - | 330 M | 326 M | 344 M | 338 M | 378 M | 394 M | 398 M | 389 M | 409 M | 410 M | 401 M | 369 M | 392 M | 395 M | 392 M | 337 M | 342 M | 338 M | 340 M | 342 M | 370 M | 363 M | 364 M | 379 M | 387 M | 381 M | 383 M | 386 M | 389 M | 381 M | 379 M | 379 M | 387 M | 386 M | 387 M | 373 M | 373 M | 382 M | 395 M | 356 M | 355 M | 358 M | 359 M | 358 M | 361 M | 365 M | 358 M |
Deferred Revenue |
12.7 M | 13.3 M | 13.6 M | - | 11.7 M | 12.4 M | 12.6 M | 12.3 M | 11.6 M | 12.4 M | 12.6 M | 11.7 M | 14.7 M | 16.6 M | 9.63 M | 9.49 M | 9.38 M | 10.4 M | 11.6 M | 11.5 M | 12.3 M | 11.4 M | 12.2 M | 10.5 M | 10.8 M | 9.22 M | 9.36 M | 9.49 M | 10.7 M | 10.7 M | 11 M | 11.5 M | 12.9 M | 12.7 M | 13.1 M | 13.2 M | 12.4 M | 12.6 M | 13.5 M | 9.72 M | 9.48 M | 12.1 M | 10.9 M | 9.53 M | 8.15 M | 7.99 M | 8.08 M | 7.52 M | 8.05 M | 7.4 M | 7.52 M |
Retained Earnings |
-83.3 M | -52 M | -44.9 M | - | -37.5 M | -25.7 M | -34.8 M | -36.5 M | -53.3 M | -75.4 M | -77.7 M | -78 M | -81.4 M | -81.7 M | -79.2 M | 23.3 M | -18.1 M | 3.62 M | 8.99 M | 10.4 M | 15.1 M | 15.6 M | 19.5 M | 20.4 M | 1.16 M | 2.91 M | 3.33 M | 2.52 M | 2.67 M | 2.16 M | 2.12 M | 321 K | -1.83 M | -2.25 M | -4.12 M | -4.22 M | -1.16 M | -3.33 M | -3.08 M | -2.06 M | -4.71 M | -10 M | -14 M | 5.83 M | 4.68 M | 2.16 M | 4.81 M | 4.82 M | 4.37 M | 2.88 M | 4.82 M |
Total Assets |
471 M | 507 M | 513 M | - | 507 M | 515 M | 524 M | 516 M | 538 M | 532 M | 534 M | 525 M | 541 M | 541 M | 535 M | 558 M | 586 M | 611 M | 612 M | 559 M | 569 M | 565 M | 570 M | 573 M | 584 M | 578 M | 579 M | 590 M | 599 M | 592 M | 594 M | 596 M | 595 M | 586 M | 582 M | 583 M | 593 M | 589 M | 589 M | 575 M | 571 M | 574 M | 582 M | 562 M | 559 M | 559 M | 562 M | 561 M | 563 M | 566 M | 561 M |
Cash and Cash Equivalents |
- | 2 K | 3 K | - | 838 K | 2.54 M | - | 1.78 M | 23.8 M | 19.9 M | 23.4 M | 6.32 M | 19.3 M | 19 M | 1.25 M | 6 K | 7 K | 9 K | 4 K | 117 K | 17 K | 9 K | 6 K | 3 K | 4 K | 19 K | 83 K | 130 K | 80 K | 44 K | 84 K | 98 K | 186 K | 192 K | 182 K | 33 K | 311 K | 232 K | 278 K | 65 K | 1.43 M | 73 K | 123 K | 380 K | 195 K | 299 K | 312 K | 67 K | 19 K | 1.37 M | 67 K |
Book Value |
132 M | 163 M | 170 M | - | 178 M | 189 M | 180 M | 178 M | 161 M | 138 M | 136 M | 135 M | 132 M | 131 M | 134 M | 190 M | 195 M | 216 M | 221 M | 222 M | 226 M | 227 M | 230 M | 231 M | 213 M | 215 M | 215 M | 211 M | 212 M | 211 M | 210 M | 210 M | 206 M | 205 M | 203 M | 204 M | 205 M | 203 M | 202 M | 202 M | 198 M | 192 M | 187 M | 206 M | 204 M | 201 M | 203 M | 203 M | 202 M | 201 M | 203 M |
Total Shareholders Equity |
132 M | 163 M | 170 M | - | 178 M | 189 M | 180 M | 178 M | 161 M | 138 M | 136 M | 135 M | 132 M | 131 M | 134 M | 190 M | 195 M | 216 M | 221 M | 222 M | 226 M | 227 M | 230 M | 231 M | 213 M | 215 M | 215 M | 211 M | 212 M | 211 M | 210 M | 207 M | 206 M | 205 M | 203 M | 201 M | 205 M | 203 M | 202 M | 202 M | 198 M | 192 M | 187 M | 206 M | 204 M | 201 M | 203 M | 203 M | 202 M | 201 M | 203 M |
Quarterly performance
Select metrics to display
All numbers in USD currency
Balance Sheet is a fundamental financial report of Salem Media Group, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
Balance sheet of other industry stocks – Broadcasting
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
|
Entravision Communications Corporation
EVC
|
$ 9.03 | 20.01 % | $ 822 M | ||
|
Nexstar Media Group
NXST
|
$ 189.95 | 1.05 % | $ 5.76 B | ||
|
The E.W. Scripps Company
SSP
|
$ 3.03 | 2.54 % | $ 267 M | ||
|
Grupo Televisa, S.A.B.
TV
|
$ 2.35 | 0.86 % | $ 1.45 B | ||
|
Fox Corporation
FOX
|
$ 59.51 | -0.82 % | $ 26.5 B | ||
|
Chicken Soup for the Soul Entertainment
CSSE
|
- | -10.21 % | $ 3.13 M | ||
|
News Corporation
NWS
|
$ 29.015 | -0.03 % | $ 16.1 B | ||
|
Beasley Broadcast Group
BBGI
|
$ 6.02 | 7.89 % | $ 10.8 M | ||
|
AMC Networks
AMCX
|
$ 8.35 | -0.95 % | $ 371 M | ||
|
Gray Television
GTN
|
$ 4.92 | 0.82 % | $ 477 M | ||
|
iHeartMedia
IHRT
|
$ 1.74 | -6.95 % | $ 268 M | ||
|
fuboTV
FUBO
|
$ 7.62 | -0.97 % | $ 833 M | ||
|
Sinclair Broadcast Group
SBGI
|
$ 13.68 | -3.46 % | $ 967 M | ||
|
Saga Communications
SGA
|
$ 7.75 | 0.91 % | $ 47.7 M | ||
|
Sirius XM Holdings
SIRI
|
$ 32.46 | -1.5 % | $ 11 B | ||
|
Entercom Communications Corp.
ETM
|
- | -0.79 % | $ 717 M | ||
|
Urban One
UONE
|
$ 4.06 | -1.93 % | $ 18.1 M | ||
|
Cumulus Media
CMLS
|
- | -18.95 % | $ 3.21 M | ||
|
The Liberty SiriusXM Group
LSXMA
|
- | -1.2 % | $ 26.5 B | ||
|
TEGNA
TGNA
|
- | - | $ 3.23 B |