Salem Media Group, Inc.

Salem Media Group, Inc.verified

SALM

Price:

$0.21

Market Cap:

$5.72M

Salem Media Group, Inc. operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates 32 FM radio stations and 69 AM radio stations; offers programs on the Family Talk Christian-themed talk format station on SiriusXM Channel 131; provides 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 station formats; and operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts. It also provides Christian, conservativ...[Read more]

Industry

Broadcasting

IPO Date

1999-07-01

Stock Exchange

NASDAQ

Ticker

SALM

The Current Ratio as of December 2024 (TTM) for Salem Media Group, Inc. (SALM) is 0.66

According to Salem Media Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.66. This represents a change of 4.52% compared to the average of 0.63 of the last 4 quarters.

Salem Media Group, Inc. (SALM) Historical Current Ratio (quarterly & annually)

How has SALM Current Ratio performed in the past?

The mean historical Current Ratio of Salem Media Group, Inc. over the last ten years is 1.08. The current 0.66 Current Ratio has changed 6.01% with respect to the historical average. Over the past ten years (40 quarters), SALM's Current Ratio was at its highest in in the December 2013 quarter at 1.61. The Current Ratio was at its lowest in in the March 2023 quarter at 0.58.

Quarterly (TTM)
Annual

Average

1.08

Median

1.00

Minimum

0.70

Maximum

1.61

Salem Media Group, Inc. (SALM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Salem Media Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 71.81%

Maximum Annual Current Ratio = 1.61

Minimum Annual Increase = -25.55%

Minimum Annual Current Ratio = 0.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.70-13.56%
20210.81-10.40%
20200.9014.67%
20190.79-4.85%
20180.83-25.55%
20171.11-21.84%
20161.429.00%
20151.30-4.87%
20141.37-14.84%
20131.6171.81%

Salem Media Group, Inc. (SALM) Average Current Ratio

How has SALM Current Ratio performed in the past?

The current Current Ratio of Salem Media Group, Inc. (SALM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.80

5-year avg

0.80

10-year avg

1.08

Salem Media Group, Inc. (SALM) Current Ratio vs. Peers

How is SALM’s Current Ratio compared to its peers?

Salem Media Group, Inc.’s Current Ratio is less than MediaCo Holding Inc. (0.76), less than Saga Communications, Inc. (2.64), less than ProSiebenSat.1 Media SE (0.95), less than Cumulus Media Inc. (1.89), less than RTL Group S.A. (1.26), less than ITV plc (1.56), less than ITV plc (1.56), greater than Emmis Corporation (0), less than iHeartMedia, Inc. (1.93), less than RTL Group S.A. (1.26), less than Beasley Broadcast Group, Inc. (1.60),

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