Covenant Logistics Group, Inc. (CVLG)

Covenant Logistics Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.69	35.62	2.29	68.67	8.41	8.41
Cash & Short-Term Investments	2.69	35.62	2.29	68.67	8.41	8.41
Cash Growth	-92.37%	1452.70%	-96.66%	716.27%	0.06%	-80.71%
Accounts Receivable	150.36	141.64	142.5	119.77	142.36	91.3
Other Receivables	8.76	6.5	6.74	4.84	10.18	4.16
Receivables	159.11	148.13	149.24	124.61	152.54	95.45
Inventory	6.15	5.65	4.85	3.52	3.32	3.12
Prepaid Expenses	20.36	19.98	17.88	15.75	12.54	11.92
Other Current Assets	6.27	4.47	11.68	10.12	11.72	28.9
Total Current Assets	194.57	213.85	185.95	222.66	188.53	147.8
Property, Plant & Equipment	542.09	524.81	514.66	407.74	346.48	391.45
Long-Term Investments	83.89	77.41	66.33	54.73	44.2	34.37
Goodwill	78.94	78.94	75.75	58.22	42.52	42.52
Other Intangible Assets	93.56	90.13	99.62	48.17	20.48	24.52
Other Long-Term Assets	32.15	12.44	12.15	5.14	9.46	36.07
Total Assets	1,025	997.57	954.44	796.65	651.66	676.72
Accounts Payable	32.62	31.94	33.16	33.9	29.91	31.7
Accrued Expenses	83.64	73.75	76.29	79.82	83.9	68.76
Current Portion of Long-Term Debt	63.72	64.21	47.65	18.9	5.72	7.58
Current Portion of Leases	12.08	11.1	12.73	23.51	22.66	22.68
Other Current Liabilities	0.37	0.28	0.46	-	0.56	2.67
Total Current Liabilities	192.44	181.28	170.29	156.12	142.75	133.38
Long-Term Debt	203.91	187.09	196.89	90.37	20.35	47.89
Long-Term Leases	29.39	34.49	36.19	46.86	25.52	32.23
Long-Term Deferred Tax Liabilities	122.22	117.65	116.1	98.72	84.66	74.55
Other Long-Term Liabilities	53.52	38.72	31.55	27.45	28.69	98.02
Total Liabilities	601.48	559.23	551.02	419.52	301.96	386.07
Common Stock	0.27	0.27	0.19	0.19	0.19	0.2
Additional Paid-In Capital	159.67	158.91	155.85	152.89	149.41	143.44
Retained Earnings	298.22	278.13	378.92	329.47	225.08	166.33
Treasury Stock	-35.05	-	-132.35	-106.5	-23.66	-17.07
Comprehensive Income & Other	0.6	1.04	0.82	1.09	-1.31	-2.25
Shareholders' Equity	423.72	438.34	403.42	377.13	349.7	290.64
Total Liabilities & Equity	1,025	997.57	954.44	796.65	651.66	676.72
Total Debt	309.11	296.89	293.46	179.63	74.25	110.37
Net Cash (Debt)	-306.42	-261.27	-291.17	-110.96	-65.84	-101.96
Net Cash Per Share	-11.21	-9.43	-10.52	-3.57	-1.93	-2.94
Filing Date Shares Outstanding	25.05	26.55	26.14	26.48	33.64	33.6
Total Common Shares Outstanding	25.05	26.47	26.14	27.12	33.53	34.27
Working Capital	2.13	32.57	15.65	66.54	45.78	14.42
Book Value Per Share	16.92	16.56	15.43	13.91	10.43	8.48
Tangible Book Value	251.22	269.27	228.06	270.74	286.71	223.61
Tangible Book Value Per Share	10.03	10.17	8.72	9.98	8.55	6.53
Land	-	12.41	11.75	11.72	16.34	16.6
Buildings	-	97.64	104.36	96.55	72.18	57.31
Machinery	-	576.45	536.86	460.3	359.04	391.16
Construction In Progress	-	6.4	2.97	16.08	0.87	0.7

Updated Oct 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q