Covenant Logistics Group, Inc. (CVLG)

Covenant Logistics Group Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	35.62	2.29	68.67	8.41	8.41
Cash & Short-Term Investments	35.62	2.29	68.67	8.41	8.41
Cash Growth	1452.70%	-96.66%	716.27%	0.06%	-80.71%
Accounts Receivable	141.64	142.5	119.77	142.36	91.3
Other Receivables	6.5	6.74	4.84	10.18	4.16
Receivables	148.13	149.24	124.61	152.54	95.45
Inventory	5.65	4.85	3.52	3.32	3.12
Prepaid Expenses	19.98	17.88	15.75	12.54	11.92
Other Current Assets	4.47	11.68	10.12	11.72	28.9
Total Current Assets	213.85	185.95	222.66	188.53	147.8
Property, Plant & Equipment	524.81	514.66	407.74	346.48	391.45
Long-Term Investments	77.41	66.33	54.73	44.2	34.37
Goodwill	78.94	75.75	58.22	42.52	42.52
Other Intangible Assets	90.13	99.62	48.17	20.48	24.52
Other Long-Term Assets	12.44	12.15	5.14	9.46	36.07
Total Assets	997.57	954.44	796.65	651.66	676.72
Accounts Payable	31.94	33.16	33.9	29.91	31.7
Accrued Expenses	73.75	76.29	79.82	83.9	68.76
Current Portion of Long-Term Debt	64.21	47.65	18.9	5.72	7.58
Current Portion of Leases	11.1	12.73	23.51	22.66	22.68
Other Current Liabilities	0.28	0.46	-	0.56	2.67
Total Current Liabilities	181.28	170.29	156.12	142.75	133.38
Long-Term Debt	187.09	196.89	90.37	20.35	47.89
Long-Term Leases	34.49	36.19	46.86	25.52	32.23
Long-Term Deferred Tax Liabilities	117.65	116.1	98.72	84.66	74.55
Other Long-Term Liabilities	38.72	31.55	27.45	28.69	98.02
Total Liabilities	559.23	551.02	419.52	301.96	386.07
Common Stock	0.27	0.19	0.19	0.19	0.2
Additional Paid-In Capital	158.91	155.85	152.89	149.41	143.44
Retained Earnings	278.13	378.92	329.47	225.08	166.33
Treasury Stock	-	-132.35	-106.5	-23.66	-17.07
Comprehensive Income & Other	1.04	0.82	1.09	-1.31	-2.25
Shareholders' Equity	438.34	403.42	377.13	349.7	290.64
Total Liabilities & Equity	997.57	954.44	796.65	651.66	676.72
Total Debt	296.89	293.46	179.63	74.25	110.37
Net Cash (Debt)	-261.27	-291.17	-110.96	-65.84	-101.96
Net Cash Per Share	-9.43	-10.52	-3.57	-1.93	-2.94
Filing Date Shares Outstanding	26.55	26.14	26.48	33.64	33.6
Total Common Shares Outstanding	26.47	26.14	27.12	33.53	34.27
Working Capital	32.57	15.65	66.54	45.78	14.42
Book Value Per Share	16.56	15.43	13.91	10.43	8.48
Tangible Book Value	269.27	228.06	270.74	286.71	223.61
Tangible Book Value Per Share	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 Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q