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SALM (Salem Media Group) Degree of Operating Leverage : 0.00 (As of Sep. 2023)


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What is Salem Media Group Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Salem Media Group's Degree of Operating Leverage for the quarter that ended in Sep. 2023 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Salem Media Group's Degree of Operating Leverage or its related term are showing as below:

SALM's Degree of Operating Leverage is not ranked *
in the Media - Diversified industry.
Industry Median: 1.21
* Ranked among companies with meaningful Degree of Operating Leverage only.

Salem Media Group Degree of Operating Leverage Historical Data

The historical data trend for Salem Media Group's Degree of Operating Leverage 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.

* Premium members only.

Salem Media Group Degree of Operating Leverage Chart

Salem Media Group Annual Data
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Degree of Operating Leverage
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Salem Media Group Quarterly Data
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Competitive Comparison of Salem Media Group's Degree of Operating Leverage

For the Broadcasting subindustry, Salem Media Group's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Salem Media Group's Degree of Operating Leverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Salem Media Group's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Salem Media Group's Degree of Operating Leverage falls into.


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Salem Media Group Degree of Operating Leverage Calculation

Salem Media Group's Degree of Operating Leverage for the quarter that ended in Sep. 2023 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -42.798 (Sep. 2023) / 27.176 (Sep. 2022) - 1 )/( 261.573 (Sep. 2023) / 267.282 (Sep. 2022) - 1 )
=-2.5748/-0.0214
=120.55***

* 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.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Salem Media Group  (OTCPK:SALM) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Salem Media Group Degree of Operating Leverage Related Terms

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Salem Media Group Business Description

Traded in Other Exchanges
N/A
Address
4880 Santa Rosa Road, Camarillo, CA, USA, 93012
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. Broadcast engaged in foundational business is radio broadcasting, which includes the ownership and operation of radio stations in large metropolitan markets; 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; publishing operating segment includes two businesses: (1) Regnery Publishing and Salem Books and Salem Author Services, a self-publishing service for authors through Xulon Press and Mill City Press.
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