Salem Media Group Inc
Salem Media Group, Inc. operates as a multimedia company in the United States. It operates in three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio stations; offers programming to Christian and family-themed talk stations, music stations, and news talk stations; places advertising on Christian and talk-formatted radio stations, and other commercial radio st… Read more
Salem Media Group Inc (SALM) - Total Assets
Latest total assets as of September 2023: $471.30 Million USD
Based on the latest financial reports, Salem Media Group Inc (SALM) holds total assets worth $471.30 Million USD as of September 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Salem Media Group Inc - Total Assets Trend (1998–2022)
This chart illustrates how Salem Media Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Salem Media Group Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Salem Media Group Inc's total assets of $471.30 Million consist of 8.9% current assets and 91.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | -8.4% |
| Accounts Receivable | $35.66 Million | 7.1% |
| Inventory | $1.51 Million | 0.3% |
| Property, Plant & Equipment | $125.03 Million | 24.8% |
| Intangible Assets | $305.92 Million | 60.6% |
| Goodwill | $24.09 Million | 4.8% |
Asset Composition Trend (1998–2022)
This chart illustrates how Salem Media Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Salem Media Group Inc's current assets represent 8.9% of total assets in 2022, a decrease from 9.3% in 1998.
- Cash Position: Cash and equivalents constituted -8.4% of total assets in 2022, down from 0.9% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 64.0% of total assets, a decrease from 68.0% in 1998.
- Asset Diversification: The largest asset category is intangible assets at 60.6% of total assets.
Salem Media Group Inc Competitors by Total Assets
Key competitors of Salem Media Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Radio and Television Information Network Co Ltd
SHE:000665
|
China | CN¥9.94 Billion |
|
H&R Century Union Corp
SHE:000892
|
China | CN¥1.68 Billion |
|
Shenzhen Topway Video Communication Co Ltd
SHE:002238
|
China | CN¥4.00 Billion |
|
Galaxia SM Inc
KO:011420
|
Korea | ₩89.84 Billion |
|
LG HelloVision Corp
KO:037560
|
Korea | ₩1.26 Trillion |
|
Kt Skylife
KO:053210
|
Korea | ₩989.86 Billion |
|
KMH Co. Ltd
KQ:122450
|
Korea | ₩872.63 Billion |
|
Aniplus Inc
KQ:310200
|
Korea | ₩289.02 Billion |
Salem Media Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Salem Media Group Inc generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Salem Media Group Inc is currently not profitable relative to its asset base.
Salem Media Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.66 | 0.79 | 0.83 |
| Quick Ratio | 0.64 | 0.76 | 0.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-27.64 Million | $ -12.85 Million | $ -9.24 Million |
Salem Media Group Inc - Advanced Valuation Insights
This section examines the relationship between Salem Media Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.20 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -2.1% |
| Total Assets | $505.12 Million |
| Market Capitalization | $12.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Salem Media Group Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Salem Media Group Inc's assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Salem Media Group Inc (1998–2022)
The table below shows the annual total assets of Salem Media Group Inc from 1998 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $505.12 Million | -2.13% |
| 2021-12-31 | $516.11 Million | -1.61% |
| 2020-12-31 | $524.57 Million | -6.06% |
| 2019-12-31 | $558.43 Million | -0.11% |
| 2018-12-31 | $559.03 Million | -2.41% |
| 2017-12-31 | $572.82 Million | -2.96% |
| 2016-12-31 | $590.27 Million | -1.19% |
| 2015-12-31 | $597.38 Million | +2.44% |
| 2014-12-31 | $583.16 Million | +1.40% |
| 2013-12-31 | $575.11 Million | +2.84% |
| 2012-12-31 | $559.23 Million | -0.37% |
| 2011-12-31 | $561.31 Million | -2.29% |
| 2010-12-31 | $574.49 Million | -0.79% |
| 2009-12-31 | $579.04 Million | -4.72% |
| 2008-12-31 | $607.72 Million | -10.60% |
| 2007-12-31 | $679.80 Million | -0.94% |
| 2006-12-31 | $686.26 Million | +6.24% |
| 2005-12-31 | $645.93 Million | +10.27% |
| 2004-12-31 | $585.78 Million | +4.60% |
| 2003-12-31 | $560.01 Million | -16.69% |
| 2002-12-31 | $672.21 Million | +32.52% |
| 2001-12-31 | $507.25 Million | +7.77% |
| 2000-12-31 | $470.67 Million | +78.04% |
| 1999-12-31 | $264.36 Million | +27.22% |
| 1998-12-31 | $207.80 Million | -- |