Company Information

  

Address: 4880 SANTA ROSA RD  
City: CAMARILLO 
State: CA 
Zip Code: 93012 
Telephone: 805-987-0400 

Description of Business

Primary SIC Code: 4832
(As filed with the SEC)  

Salem Media Group, Inc. ("Salem") is a domestic multimedia company specializing in Christian and conservative content, with media properties comprising radio broadcasting, digital media, and publishing. Effective February 19, 2015, we changed our name from Salem Communications Corporation to Salem Media Group, Inc. Salem was formed in 1986 as a California corporation and was reincorporated in Delaware in 1999. Our content is intended for audiences interested in Christian and family-themed programming and conservative news talk. Our filings with the Securities and Exchange Commission ("SEC") are available under the Investor Relations section of our website at www.salemmedia.com. Any information found our website is not a part of, or incorporated by reference into, this or any report of Salem filed with, or furnished to the SEC.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20181.080.0654.77
03/20180.930.0653.87
12/20170.940.0654.79
09/20170.480.06513.75
06/20170.390.06518.21
03/20170.310.06524.03
12/20160.340.06518.38
09/20160.260.06522.62

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.12Total Liab/Total Assets0.60
Net Inc/Total Assets0.04Total Liab/Inv Cap0.65
Net Inc/Inv Cap0.05Total Liab/Comm Equity1.62
Pretax Inc/Net Sales0.01Interest Coverage Ratio1.23
Net Inc/Net Sales0.09Curr Debt/Equity0.04
Cash Flow/Net Sales0.10LTD/Equity1.08
SG&A/NetSales0.06Total Debt/Equity1.12
Asset Utilization   Liquidity  
Net Receivables Turnover6.35Quick Ratio1.09
Inventory Turnover290.92Current Ratio1.11
Inventory Day Sales0.76Net Rec/Curr Assets0.76
Net Sales/Work Cap57.70Inv/Curr Assets0.02
Net Sales/PP&E2.62  

Income Statement (Millions)

  6/30/2018 3/31/2018 12/31/2017 9/30/2017
Total Revenues(Net Sales) 66.27 63.80 67.21 65.43
Cost of Goods Sold 51.16 49.71 50.89 51.90
Selling & Admin Exps 4.10 3.92 3.10 4.22
Operating Income 1.34 5.67 4.53 5.01
Interest Exp 4.75 4.52 4.55 4.80
Pretax Income -3.27 1.23 -0.02 0.12
Other Income -5.01 0.07 -4.31 -0.17
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -2.17 0.83 22.36 -0.05

Balance Sheet (Millions)

Assets 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Cash & Short Term Investments 0.01 0.01 0.00 0.00
Receivables - Total 36.41 34.60 35.66 36.85
Inventories - Total 0.95 0.81 0.73 0.81
Total Current Assets 52.60 46.33 46.72 44.95
Net Property, Plant & Equipment 96.42 99.65 100.48 103.20
Total Assets 564.58 570.17 572.82 583.62
Liabilities        
Accounts Payable 25.79 27.78 22.54 32.67
Debt in Current Liabilities 12.02 0.11 9.11 6.74
Total Current Liabilities 49.34 40.19 42.15 50.24
Long-Term Debt 240.26 249.78 249.58 249.38
Total Liabilities 337.84 339.70 341.54 370.39
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.28 0.28 0.28 0.28
Retained Earnings 15.63 19.50 20.37 1.16
Treasury Stock -34.01 -34.01 -34.01 -34.01
Total Stockholders' Equity 226.73 230.47 231.28 213.24
Total Liabilities and Stockholders' Equity 564.58 570.17 572.82 583.62

Cash Flow Summary (Millions)

Categories 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Net Cash Provided by Operating Activities -2.80 12.87 2.16 8.59
Net Cash Provided by Investing Activities -0.22 -2.39 -0.49 -4.86
Net Cash Provided by Financing Activities 3.03 -10.49 -1.68 -3.74

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013236.93-2.74-0.11
12/2014266.545.480.21
12/2015265.7911.150.26
12/2016274.328.870.34
12/2017263.7424.640.94
Growth Rates2.72----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18797,56136.66




Report Date : 9/24/2018

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