Salem Media Group (Salem Media Group) Total Current Assets : $53.8 Mil (As of Sep. 2023)

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What is Salem Media Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Salem Media Group's total current assets for the quarter that ended in Sep. 2023 was $53.8 Mil.

Salem Media Group Total Current Assets Historical Data

The historical data trend for Salem Media Group's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Salem Media Group Total Current Assets Chart

Salem Media Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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43.64

41.72

45.80

41.51

45.06

Salem Media Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets	Get a 7-Day Free Trial															46.96	45.06	43.95	46.06	53.80

Salem Media Group Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Salem Media Group's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	35.658	+	1.513	+	7.886
	=	45.1

Salem Media Group's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	33.882	+	1.383	+	18.53
	=	53.8

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Salem Media Group (OTCPK:SALM) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Salem Media Group's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	339.148	+	0.75 * 29.558	+	0.5 * 1.383
=	-316.3

Salem Media Group Total Current Assets Related Terms

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Salem Media Group (Salem Media Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Salem Media Group Inc (OTCPK:SALM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

YSLA:Germany

Address

6400 North Belt Line Road, Irving, TX, USA, 75063

Website

http://www.salemmedia.com

Salem Media Group Inc is a domestic multimedia company with integrated operations including radio broadcasting, digital media, and publishing. The company has three operating segments, Broadcast, Digital Media, and Publishing. Digital media-based businesses provide Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through the web.

Executives

Jacki L Pick	director	6400 N BELT LINE ROAD, IRVING TX 75063
Eugene Allen Power	officer: President Broadcast Media	6400 NORTH BELT LINE ROAD, IRVING TX 75063
Epperson 2022 Gst Trust	10 percent owner	3780 WILL SCARLET ROAD, WINSTON SALEM NC 27104
Epperson Stuart W. Jr.	director, 10 percent owner	4880 SANTA ROSA RD., CAMARILLO CA 93012
Stuart W Epperson	10 percent owner	3780 WILL SCARLET RD, WINSTON SALEM NC 27104
Evan D Masyr	officer: V.P. and Corporate Controller	4880 SANTA ROSA ROAD, STE 300, CAMARILLO CA 93012
David P Santrella	officer: President - Broadcast Media	4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Christopher J Henderson	officer: SVP, General Counsel & Secy	4880 SANTA ROSA ROAD, CAMARILLO CA 93012
David Evans	officer: Senior Vice President and CFO	4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Atsinger Edward G Iii	director, 10 percent owner, officer: CEO and President	4880 SANTA ROSA RD, CAMARILLO CA 93012
Heather W Grizzle	director	4880 SANTA ROSA ROAD, CAMARILLO CA 93010
James Keet Lewis	director	4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Edward C. Atsinger	director	6400 NORTH BELT LINE ROAD, IRVING TX 75063
Jonathan Venverloh	director	4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Eric H Halvorson	director	4880 SANTA ROSA RD, CAMARILLO CA 93012