Covenant Logistics Group, Inc. (CVLG) quarterly balance sheet — complete assets, liabilities & equity history
Covenant Logistics Group, Inc. (CVLG) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 219.99M | 211.13M | 232.82M | 194.57M | 196.6M | 179.77M | 213.85M | 214.75M | 201.79M | 180.44M | 185.94M | 202.51M | 198.95M | 204.99M | 222.66M | 213.28M | 172.99M | 168.97M | 188.53M | 239.19M |
| Cash & Short-Term Investments | 289.69M | 11.24M | 4.95M | 2.69M | 143K | 11.24M | 35.62M | 35.2M | 1.28M | 2.95M | 2.29M | 7.39M | 7.82M | 54.58M | 68.67M | 59.26M | 4.46M | 7.14M | 8.41M | 22.19M |
| Cash Only | 289.69M | 11.24M | 4.95M | 2.69M | 143K | 11.24M | 35.62M | 35.2M | 1.28M | 2.95M | 2.29M | 7.39M | 7.82M | 54.58M | 68.67M | 59.26M | 4.46M | 7.14M | 8.41M | 22.19M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 182.43M | 173.29M | 173.56M | 163.92M | 160.46M | 145.08M | 152.13M | 147.04M | 162.47M | 150.32M | 153.61M | 158.56M | 147.25M | 125.65M | 128.41M | 137.28M | 147.28M | 146.27M | 161.33M | 200.04M |
| Days Sales Outstanding | 48.62 | 50.82 | 52.56 | 50.26 | 45.9 | 49.65 | 49.62 | 49.46 | 49.5 | 49.61 | 52.41 | 48.72 | 45.31 | 42.84 | 41.28 | 41.98 | 42.08 | 47.47 | 56.5 | 62.82 |
| Inventory | 0 | 7.17M | 6.34M | 6.14M | 5.39M | 5.5M | 5.65M | 6.11M | 5.61M | 5.13M | 4.85M | 4.86M | 4.13M | 3.31M | 3.52M | 3.72M | 3.96M | 3.73M | 3.32M | 3.66M |
| Days Inventory Outstanding | - | 2.16 | 2.22 | 2.09 | 1.95 | 2.2 | 2.35 | 2.22 | 1.93 | 1.95 | 1.94 | 1.69 | 1.43 | 1.35 | 1.29 | 1.34 | 1.32 | 1.29 | 1.26 | 1.41 |
| Other Current Assets | -252.12M | 1.74M | 26.31M | 1.47M | 6.46M | 3.25M | 475K | 5.34M | 8.25M | 8.49M | 7.31M | 14.59M | 18.41M | 8.18M | 6.32M | 1.56M | 7.2M | 2.34M | 2.92M | 3M |
| Total Non-Current Assets | 785.77M | 805.7M | 812.73M | 830.63M | 812.5M | 800.2M | 783.72M | 794.9M | 793.2M | 762.99M | 768.49M | 689.65M | 671.56M | 559.87M | 573.99M | 543.44M | 528.03M | 491.1M | 463.13M | 464.76M |
| Property, Plant & Equipment | 750.88M | 739.16M | 512.68M | 542.09M | 523.41M | 521.91M | 524.81M | 537.19M | 532.88M | 502.99M | 514.65M | 443.92M | 430.28M | 388.52M | 407.74M | 372.94M | 357.64M | 345.17M | 346.48M | 350.35M |
| Fixed Asset Turnover | 0.45x | 0.49x | 0.56x | 0.56x | 0.58x | 0.51x | 0.52x | 0.54x | 0.56x | 0.55x | 0.57x | 0.66x | 0.67x | 0.67x | 0.76x | 0.85x | 0.90x | 0.84x | 0.84x | 0.78x |
| Goodwill | 80.6M | 80.44M | 80.48M | 78.94M | 78.94M | 78.94M | 78.94M | 78.94M | 78.94M | 80.3M | 75.75M | 73.15M | 68.95M | 58.22M | 58.22M | 58.22M | 58.22M | 72.01M | 42.52M | 42.52M |
| Intangible Assets | 99.61M | 102.61M | 105.61M | 93.56M | 96.21M | 98.16M | 90.13M | 92.5M | 94.87M | 97.24M | 99.61M | 101.99M | 98.12M | 47.05M | 48.17M | 49.29M | 50.41M | 19.89M | 20.48M | 21.06M |
| Long-Term Investments | 99.39M | 119.93M | 85.51M | 0 | 0 | 0 | 77.41M | 0 | 0 | 0 | 66.33M | 61.59M | 0 | 60.67M | 54.73M | 0 | 0 | -86.01M | 44.2M | -79.21M |
| Other Non-Current Assets | -244.7M | -236.45M | 28.45M | 116.04M | 113.94M | 101.18M | 12.23M | 86.27M | 86.5M | 82.46M | 11.74M | -94.19M | 74.22M | -91.35M | 5.14M | 62.99M | 61.76M | 54.04M | 9.46M | 50.83M |
| Total Assets | 1.01B | 1.02B | 1.05B | 1.03B | 1.01B | 979.97M | 997.57M | 1.01B | 994.99M | 943.43M | 954.44M | 892.16M | 870.51M | 764.86M | 796.64M | 756.72M | 701.02M | 660.07M | 651.66M | 703.95M |
| Asset Turnover | 0.33x | 0.30x | 0.29x | 0.29x | 0.30x | 0.27x | 0.28x | 0.29x | 0.30x | 0.29x | 0.30x | 0.33x | 0.34x | 0.34x | 0.38x | 0.43x | 0.47x | 0.44x | 0.43x | 0.40x |
| Asset Growth % | -0.33% | 3.76% | 4.81% | 1.54% | 1.42% | 3.87% | 4.52% | 13.17% | 14.3% | 23.35% | 19.81% | 17.9% | 24.18% | 15.88% | 22.25% | 7.5% | 5.62% | 1.88% | -3.7% | -2.75% |
| Total Current Liabilities | 193.42M | 202.17M | 209.98M | 192.44M | 179.93M | 164.3M | 181.28M | 194.65M | 187.68M | 173.4M | 170.29M | 171.35M | 154.04M | 139.04M | 156.12M | 160.77M | 150.44M | 130.03M | 142.75M | 207.68M |
| Accounts Payable | 34.16M | 50.35M | 45.48M | 32.62M | 34.99M | 31.9M | 31.94M | 31.64M | 31.58M | 31.61M | 33.16M | 34.2M | 33.8M | 28.29M | 33.9M | 33.41M | 36.58M | 27.85M | 29.91M | 25.09M |
| Days Payables Outstanding | 12.55 | 15.33 | 13.9 | 12.22 | 11.98 | 12.63 | 12.69 | 11.98 | 11.36 | 12.66 | 13.42 | 12.78 | 11.98 | 12.28 | 12.04 | 12.25 | 11.06 | 10.57 | 9.95 | 11.78 |
| Short-Term Debt | 64.33M | 52.15M | 64M | 63.72M | 52.88M | 50.54M | 64.21M | 73.1M | 71.92M | 61.88M | 47.65M | 31.7M | 28.56M | 36.77M | 18.9M | 15.8M | 10.4M | 25.33M | 5.72M | 8.39M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -771K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 149.25M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 771K | 0 | -15.4M | 0 | 0 | 0 | -20.31M | 557K | 593K |
| Current Ratio | 1.14x | 1.04x | 1.11x | 1.01x | 1.09x | 1.09x | 1.18x | 1.10x | 1.08x | 1.04x | 1.09x | 1.18x | 1.29x | 1.47x | 1.43x | 1.33x | 1.15x | 1.30x | 1.32x | 1.15x |
| Quick Ratio | 1.14x | 1.01x | 1.08x | 0.98x | 1.06x | 1.06x | 1.15x | 1.07x | 1.05x | 1.01x | 1.06x | 1.15x | 1.26x | 1.45x | 1.40x | 1.30x | 1.12x | 1.27x | 1.30x | 1.13x |
| Cash Conversion Cycle | - | 37.65 | 40.88 | 40.12 | 35.87 | 39.23 | 39.28 | 39.69 | 40.07 | 38.9 | 40.93 | 37.63 | 34.77 | 31.91 | 30.54 | 31.07 | 32.34 | 38.19 | 47.81 | 52.46 |
| Total Non-Current Liabilities | 399.47M | 407.05M | 431.57M | 409.04M | 412.29M | 372.02M | 377.95M | 383.45M | 387.93M | 362.78M | 380.73M | 326.79M | 336.8M | 254.65M | 263.4M | 215.84M | 194.54M | 171.16M | 159.22M | 166.38M |
| Long-Term Debt | 224.73M | 201.39M | 234.05M | 203.91M | 214.1M | 182.35M | 187.09M | 192.46M | 197.35M | 187.4M | 196.89M | 153.64M | 163.19M | 136.06M | 90.37M | 69.56M | 48.05M | 65.01M | 20.35M | 52.3M |
| Capital Lease Obligations | 21.74M | 24.79M | 27.63M | 29.39M | 31.73M | 33.91M | 34.49M | 38.96M | 37.62M | 33.13M | 36.19M | 41M | 42.54M | 40.27M | 46.86M | 29.23M | 31.84M | 21.85M | 25.52M | 30.27M |
| Deferred Tax Liabilities | 121.08M | 120.8M | 119.72M | 122.22M | 114.06M | 114.41M | 117.65M | 119.02M | 120.21M | 110.54M | 116.09M | 103.2M | 99.63M | 96.75M | 98.72M | 89.54M | 85.86M | 86.01M | 84.66M | 79.21M |
| Other Non-Current Liabilities | 31.91M | 60.07M | 50.18M | 53.52M | 52.39M | 41.35M | 38.72M | 33.01M | 32.76M | 31.71M | 31.55M | 28.95M | 31.44M | -18.43M | 27.45M | 27.51M | 28.79M | -1.71M | 28.69M | 4.61M |
| Total Liabilities | 592.89M | 609.22M | 641.55M | 601.48M | 592.22M | 536.33M | 559.23M | 578.09M | 575.61M | 536.18M | 551.02M | 498.13M | 490.84M | 393.69M | 419.52M | 376.6M | 344.99M | 301.19M | 301.96M | 374.06M |
| Total Debt | 324.43M | 291.75M | 338.7M | 309.11M | 310.54M | 278.17M | 296.89M | 316.49M | 318.45M | 292.29M | 293.46M | 241.7M | 250.67M | 228.51M | 179.63M | 134.96M | 110.32M | 132.91M | 74.25M | 85.03M |
| Net Debt | 34.75M | 280.5M | 333.75M | 306.42M | 310.4M | 266.93M | 261.27M | 281.29M | 317.17M | 289.34M | 291.17M | 234.31M | 242.85M | 173.93M | 110.96M | 75.7M | 105.86M | 125.77M | 65.84M | 62.84M |
| Debt / Equity | 0.79x | 0.72x | 0.84x | 0.73x | 0.74x | 0.63x | 0.68x | 0.73x | 0.76x | 0.72x | 0.73x | 0.61x | 0.66x | 0.62x | 0.48x | 0.36x | 0.31x | 0.37x | 0.21x | 0.26x |
| Debt / EBITDA | 10.15x | 9.54x | 18.74x | 10.01x | 8.95x | 9.45x | 9.68x | 8.45x | 8.26x | 11.49x | 9.03x | 7.25x | 8.16x | 7.10x | 6.73x | 1.84x | 2.70x | 3.56x | 2.41x | 2.54x |
| Net Debt / EBITDA | 1.09x | 9.17x | 18.47x | 9.92x | 8.95x | 9.07x | 8.52x | 7.51x | 8.23x | 11.37x | 8.96x | 7.03x | 7.90x | 5.40x | 4.16x | 1.03x | 2.59x | 3.37x | 2.14x | 1.88x |
| Interest Coverage | 3.07x | 2.57x | -6.47x | 3.32x | 6.41x | 3.99x | 3.57x | 6.31x | 5.18x | 2.40x | 7.79x | 7.76x | 8.08x | 30.66x | 17.94x | 71.08x | 44.32x | 55.19x | 38.06x | 32.20x |
| Total Equity | 412.87M | 407.6M | 404M | 423.72M | 416.87M | 443.64M | 438.34M | 431.55M | 419.37M | 407.25M | 403.42M | 394.02M | 379.66M | 371.16M | 377.13M | 380.11M | 356.03M | 358.88M | 349.7M | 329.89M |
| Equity Growth % | -0.96% | -8.12% | -7.83% | -1.82% | -0.6% | 8.94% | 8.66% | 9.52% | 10.46% | 9.72% | 6.97% | 3.66% | 6.64% | 3.42% | 7.84% | 15.22% | 13.55% | 20.98% | 20.32% | 4.8% |
| Book Value per Share | 15.56 | 15.42 | 16.15 | 15.60 | 15.12 | 15.91 | 15.71 | 15.52 | 15.16 | 14.76 | 14.71 | 14.40 | 13.98 | 13.37 | 13.27 | 12.76 | 11.29 | 10.70 | 10.30 | 9.72 |
| Total Shareholders' Equity | 412.87M | 407.6M | 404M | 423.72M | 416.87M | 443.64M | 438.34M | 431.55M | 419.37M | 407.25M | 403.42M | 394.02M | 379.66M | 371.16M | 377.13M | 380.11M | 356.03M | 358.88M | 349.7M | 329.89M |
| Common Stock | 266K | 266K | 266K | 266K | 266K | 266K | 265K | 185K | 185K | 185K | 185K | 185K | 185K | 185K | 185K | 185K | 185K | 185K | 185K | 196K |
| Retained Earnings | 287.64M | 280.87M | 278.21M | 298.22M | 290.88M | 282.84M | 278.13M | 403.78M | 392.2M | 381.45M | 378.92M | 367.56M | 355.49M | 344.64M | 329.47M | 319.06M | 269.75M | 246.2M | 225.08M | 207.34M |
| Treasury Stock | -30.24M | -34.16M | -34.58M | -35.05M | -34.74M | 0 | 0 | -131.47M | -131.57M | -132.16M | -132.35M | -131.4M | -131.4M | -127.27M | -106.5M | -92.82M | -65.49M | -37.63M | -23.66M | -24.22M |
| Accumulated OCI | 744K | 649K | 612K | 604K | 658K | 782K | 1.03M | 579K | 1.11M | 1.08M | 816K | 1.45M | 1.04M | 683K | 1.09M | 1.11M | 353K | -300K | -1.31M | -1.48M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |