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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.14	35.62	2.29	68.67	8.41	8.41
Cash & Short-Term Investments	0.14	35.62	2.29	68.67	8.41	8.41
Cash Growth	-88.83%	1452.70%	-96.66%	716.27%	0.06%	-80.71%
Accounts Receivable	152.36	141.64	142.5	119.77	142.36	91.3
Other Receivables	3.33	6.5	6.74	4.84	10.18	4.16
Receivables	155.69	148.13	149.24	124.61	152.54	95.45
Inventory	5.39	5.65	4.85	3.52	3.32	3.12
Prepaid Expenses	24.14	19.98	17.88	15.75	12.54	11.92
Other Current Assets	11.23	4.47	11.68	10.12	11.72	28.9
Total Current Assets	196.6	213.85	185.95	222.66	188.53	147.8
Property, Plant & Equipment	523.41	524.81	514.66	407.74	346.48	391.45
Long-Term Investments	83.98	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	96.21	90.13	99.62	48.17	20.48	24.52
Other Long-Term Assets	29.96	12.44	12.15	5.14	9.46	36.07
Total Assets	1,009	997.57	954.44	796.65	651.66	676.72
Accounts Payable	34.99	31.94	33.16	33.9	29.91	31.7
Accrued Expenses	79.68	73.75	76.29	79.82	83.9	68.76
Current Portion of Long-Term Debt	51.16	64.21	47.65	18.9	5.72	7.58
Current Portion of Leases	11.83	11.1	12.73	23.51	22.66	22.68
Other Current Liabilities	2.27	0.28	0.46	-	0.56	2.67
Total Current Liabilities	179.93	181.28	170.29	156.12	142.75	133.38
Long-Term Debt	214.1	187.09	196.89	90.37	20.35	47.89
Long-Term Leases	31.73	34.49	36.19	46.86	25.52	32.23
Long-Term Deferred Tax Liabilities	114.06	117.65	116.1	98.72	84.66	74.55
Other Long-Term Liabilities	52.39	38.72	31.55	27.45	28.69	98.02
Total Liabilities	592.22	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	159.81	158.91	155.85	152.89	149.41	143.44
Retained Earnings	290.88	278.13	378.92	329.47	225.08	166.33
Treasury Stock	-34.74	-	-132.35	-106.5	-23.66	-17.07
Comprehensive Income & Other	0.66	1.04	0.82	1.09	-1.31	-2.25
Shareholders' Equity	416.87	438.34	403.42	377.13	349.7	290.64
Total Liabilities & Equity	1,009	997.57	954.44	796.65	651.66	676.72
Total Debt	308.82	296.89	293.46	179.63	74.25	110.37
Net Cash (Debt)	-308.68	-261.27	-291.17	-110.96	-65.84	-101.96
Net Cash Per Share	-11.15	-9.43	-10.52	-3.57	-1.93	-2.94
Filing Date Shares Outstanding	25.02	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	16.67	32.57	15.65	66.54	45.78	14.42
Book Value Per Share	16.64	16.56	15.43	13.91	10.43	8.48
Tangible Book Value	241.73	269.27	228.06	270.74	286.71	223.61
Tangible Book Value Per Share	9.65	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 Jul 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q