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	Mar 31, 2025	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	35.62	2.29	68.67	8.41	8.41
Cash Growth	1106.61%	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	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	296.89	293.46	179.63	74.25	110.37
Net Cash (Debt)	-261.27	-261.27	-291.17	-110.96	-65.84	-101.96
Net Cash Per Share	-9.40	-9.43	-10.52	-3.57	-1.93	-2.94
Filing Date Shares Outstanding	26.54	26.55	26.14	26.48	33.64	33.6
Total Common Shares Outstanding	26.54	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	16.56	15.43	13.91	10.43	8.48
Tangible Book Value	269.27	269.27	228.06	270.74	286.71	223.61
Tangible Book Value Per Share	10.17	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