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	11.24	35.62	2.29	68.67	8.41	8.41
Cash & Short-Term Investments	11.24	35.62	2.29	68.67	8.41	8.41
Cash Growth	280.72%	1452.70%	-96.66%	716.27%	0.06%	-80.71%
Accounts Receivable	141.06	141.64	142.5	119.77	142.36	91.3
Other Receivables	0.03	6.5	6.74	4.84	10.18	4.16
Receivables	141.08	148.13	149.24	124.61	152.54	95.45
Inventory	5.5	5.65	4.85	3.52	3.32	3.12
Prepaid Expenses	14.71	19.98	17.88	15.75	12.54	11.92
Other Current Assets	7.25	4.47	11.68	10.12	11.72	28.9
Total Current Assets	179.77	213.85	185.95	222.66	188.53	147.8
Property, Plant & Equipment	521.91	524.81	514.66	407.74	346.48	391.45
Long-Term Investments	81.18	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	98.16	90.13	99.62	48.17	20.48	24.52
Other Long-Term Assets	20	12.44	12.15	5.14	9.46	36.07
Total Assets	979.97	997.57	954.44	796.65	651.66	676.72
Accounts Payable	31.9	31.94	33.16	33.9	29.91	31.7
Accrued Expenses	69.96	73.75	76.29	79.82	83.9	68.76
Current Portion of Long-Term Debt	50.54	64.21	47.65	18.9	5.72	7.58
Current Portion of Leases	11.37	11.1	12.73	23.51	22.66	22.68
Other Current Liabilities	0.53	0.28	0.46	-	0.56	2.67
Total Current Liabilities	164.3	181.28	170.29	156.12	142.75	133.38
Long-Term Debt	182.35	187.09	196.89	90.37	20.35	47.89
Long-Term Leases	33.91	34.49	36.19	46.86	25.52	32.23
Long-Term Deferred Tax Liabilities	114.41	117.65	116.1	98.72	84.66	74.55
Other Long-Term Liabilities	41.35	38.72	31.55	27.45	28.69	98.02
Total Liabilities	536.33	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	159.76	158.91	155.85	152.89	149.41	143.44
Retained Earnings	282.84	278.13	378.92	329.47	225.08	166.33
Treasury Stock	-	-	-132.35	-106.5	-23.66	-17.07
Comprehensive Income & Other	0.78	1.04	0.82	1.09	-1.31	-2.25
Shareholders' Equity	443.64	438.34	403.42	377.13	349.7	290.64
Total Liabilities & Equity	979.97	997.57	954.44	796.65	651.66	676.72
Total Debt	278.17	296.89	293.46	179.63	74.25	110.37
Net Cash (Debt)	-266.93	-261.27	-291.17	-110.96	-65.84	-101.96
Net Cash Per Share	-9.61	-9.43	-10.52	-3.57	-1.93	-2.94
Filing Date Shares Outstanding	26.56	26.55	26.14	26.48	33.64	33.6
Total Common Shares Outstanding	26.56	26.47	26.14	27.12	33.53	34.27
Working Capital	15.47	32.57	15.65	66.54	45.78	14.42
Book Value Per Share	16.71	16.56	15.43	13.91	10.43	8.48
Tangible Book Value	266.55	269.27	228.06	270.74	286.71	223.61
Tangible Book Value Per Share	10.04	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