Covenant Financial Statements From 2010 to 2025

CVLG Stock  USD 28.55  0.09  0.31%   
Covenant Logistics financial statements provide useful quarterly and yearly information to potential Covenant Logistics Group, investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Covenant Logistics financial statements helps investors assess Covenant Logistics' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Covenant Logistics' valuation are summarized below:
Gross Profit
263.4 M
Profit Margin
0.0372
Market Capitalization
746 M
Enterprise Value Revenue
0.9137
Revenue
1.1 B
There are over one hundred nineteen available fundamental signals for Covenant Logistics Group,, which can be analyzed over time and compared to other ratios. Active traders should verify all of Covenant Logistics Group, prevailing fundamental drivers against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. The current Market Cap is estimated to decrease to about 150.1 M. Enterprise Value is estimated to decrease to about 189.9 M

Covenant Logistics Total Revenue

728.77 Million

Check Covenant Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Covenant Logistics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 90.9 M, Interest Expense of 7 M or Selling General Administrative of 115.4 M, as well as many indicators such as Price To Sales Ratio of 0.51, Ptb Ratio of 1.75 or Capex To Depreciation of 2.94. Covenant financial statements analysis is a perfect complement when working with Covenant Logistics Valuation or Volatility modules.
  
Check out the analysis of Covenant Logistics Correlation against competitors.

Covenant Logistics Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.2 B1.1 B679.8 M
Slightly volatile
Short and Long Term Debt Total354.4 M337.5 M220.8 M
Slightly volatile
Other Current Liabilities46.6 M88.3 M42.2 M
Slightly volatile
Total Current Liabilities110.4 M195.8 M125.1 M
Slightly volatile
Total Stockholder Equity487.1 M463.9 M269.6 M
Slightly volatile
Property Plant And Equipment Net330.3 M591.9 M396 M
Slightly volatile
Net Debt351.6 M334.8 M206.2 M
Slightly volatile
Retained Earnings457.5 M435.8 M178.2 M
Slightly volatile
Accounts Payable40 M38.1 M20.8 M
Slightly volatile
Cash2.5 M2.6 M14.6 M
Pretty Stable
Non Current Assets Total928 M883.8 M514.7 M
Slightly volatile
Cash And Short Term Investments2.5 M2.6 M14.6 M
Pretty Stable
Net Receivables96.9 M176.7 M119.1 M
Slightly volatile
Common Stock Shares Outstanding18.7 M27.7 M20 M
Slightly volatile
Liabilities And Stockholders Equity1.2 B1.1 B679.8 M
Slightly volatile
Non Current Liabilities Total459.7 M437.8 M279.1 M
Slightly volatile
Inventory3.8 M5.6 MM
Pretty Stable
Other Current Assets15.1 M22.7 M17.4 M
Very volatile
Other Stockholder Equity20.1 M21.1 M93.4 M
Slightly volatile
Total Liabilities665.4 M633.7 M410.2 M
Slightly volatile
Property Plant And Equipment Gross836.2 M796.4 M475.5 M
Slightly volatile
Total Current Assets137.6 M213.8 M159.6 M
Slightly volatile
Short Term Debt36.6 M69.4 M47.7 M
Very volatile
Common Stock Total Equity183.9 K212.8 K184.5 K
Slightly volatile
Intangible Assets120.3 M114.6 M34.8 M
Slightly volatile
Common Stock185.3 K212.8 K184.6 K
Slightly volatile
Current Deferred Revenue101.3 M96.5 M61.7 M
Slightly volatile
Good Will91.5 M87.1 M50.6 M
Slightly volatile
Other Liabilities127.5 M145.1 M116.1 M
Slightly volatile
Net Tangible Assets210.2 M243.7 M248.9 M
Pretty Stable
Long Term Debt105.5 M177.2 M146.9 M
Slightly volatile
Long Term Debt Total40.9 M43.1 M138.1 M
Slightly volatile
Capital Surpluse156.2 M171.8 M144.1 M
Slightly volatile
Capital Lease Obligations55.5 M56.3 M40.5 M
Slightly volatile
Long Term Investments40.7 M76.3 M32.8 M
Slightly volatile
Short and Long Term Debt29.7 M54.8 M28.2 M
Pretty Stable
Non Current Liabilities Other17.1 M16.3 M5.8 M
Slightly volatile
Property Plant Equipment347.8 M367 M434.9 M
Slightly volatile
Net Invested Capital548 M745.2 M510.6 M
Slightly volatile
Net Working Capital13.4 M14.1 M62.3 M
Slightly volatile
Capital Stock152.5 K166.5 K188.9 K
Slightly volatile
Retained Earnings Total Equity215.3 M258.8 M186.2 M
Slightly volatile
Deferred Long Term Liabilities59.6 M67.1 M73.2 M
Slightly volatile

Covenant Logistics Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative115.4 M120.2 M88.8 M
Very volatile
Total Revenue728.8 M1.1 B800.5 M
Slightly volatile
Gross Profit1.2 B1.1 B263.1 M
Slightly volatile
Other Operating Expenses799.6 M1.1 B769.1 M
Slightly volatile
EBITDA153.9 M146.6 M77.3 M
Slightly volatile
Cost Of Revenue1.1 B1.1 B704.4 M
Slightly volatile
Total Operating Expenses1.1 B1.1 B224.4 M
Slightly volatile
Reconciled Depreciation54.1 M60.7 M68.4 M
Slightly volatile
Extraordinary Items32.1 M36.1 M39.4 M
Slightly volatile
Non Operating Income Net Other10.3 M17 M7.2 M
Slightly volatile
Selling And Marketing Expenses40.1 M45.1 M49.2 M
Slightly volatile

Covenant Logistics Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow82.9 M79 M24.6 M
Slightly volatile
Capital Expenditures262.8 M250.2 M130.6 M
Slightly volatile
Total Cash From Operating Activities65.2 M97.6 M76.2 M
Slightly volatile
End Period Cash Flow2.5 M2.6 M14.6 M
Pretty Stable
Other Cashflows From Investing Activities70 M82.6 M77.9 M
Pretty Stable
Cash Flows Other Operating242 K254.7 K2.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.510.63370.4493
Pretty Stable
PTB Ratio1.751.711.5365
Slightly volatile
PB Ratio1.751.711.5365
Slightly volatile
Inventory Turnover94.78174162
Slightly volatile
Days Of Inventory On Hand2.062.172.5511
Slightly volatile
Payables Turnover28.0625.538.9687
Slightly volatile
Sales General And Administrative To Revenue0.20.110.1408
Slightly volatile
POCF Ratio5.958.145.0294
Very volatile
Capex To Operating Cash Flow2.372.951.9511
Slightly volatile
Days Payables Outstanding17.214.8212.2012
Very volatile
EV To Operating Cash Flow8.7812.098.0519
Pretty Stable
Current Ratio1.681.261.3588
Pretty Stable
Receivables Turnover13.658.267.7832
Slightly volatile
Debt To Equity0.740.651.0457
Slightly volatile
Revenue Per Share45.1643.010526.8957
Slightly volatile
Debt To Assets0.250.280.3341
Slightly volatile
Dividend Yield0.00720.00870.0083
Very volatile
Days Sales Outstanding38.145.7350.5072
Pretty Stable
Book Value Per Share14.6113.918.2766
Slightly volatile
Operating Cash Flow Per Share1.552.932.3174
Slightly volatile
EV To Sales0.740.930.703
Pretty Stable
Average Inventory1.6 M2.2 M2.4 M
Very volatile
Capex To Revenue0.190.230.1708
Slightly volatile
Cash Per Share0.07520.07910.45
Pretty Stable
Payout Ratio0.05770.09420.0481
Slightly volatile
Net Debt To EBITDA2.061.753.0974
Very volatile
Tangible Book Value Per Share4.387.876.2323
Slightly volatile
Graham Number25.6424.4214.0374
Slightly volatile
Shareholders Equity Per Share14.6113.918.2766
Slightly volatile
Capex Per Share7.887.54.0985
Slightly volatile
Interest Debt Per Share10.9210.47.0907
Slightly volatile
Enterprise Value Over EBITDA5.05.357.5322
Very volatile
Short Term Coverage Ratios1.952.053.5472
Slightly volatile
Price Book Value Ratio1.751.711.5365
Slightly volatile
Days Of Payables Outstanding17.214.8212.2012
Very volatile
Price To Operating Cash Flows Ratio5.958.145.0294
Very volatile
Company Equity Multiplier2.142.132.7962
Slightly volatile
Long Term Debt To Capitalization0.270.30.3599
Slightly volatile
Total Debt To Capitalization0.340.380.4562
Slightly volatile
Debt Equity Ratio0.740.651.0457
Slightly volatile
Quick Ratio1.641.221.3246
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.550.340.7761
Pretty Stable
Net Income Per E B T0.530.78260.7813
Very volatile
Cash Ratio0.01150.01210.1272
Pretty Stable
Days Of Inventory Outstanding2.062.172.5511
Slightly volatile
Cash Flow Coverage Ratios0.320.330.416
Slightly volatile
Price To Book Ratio1.751.711.5365
Slightly volatile
Fixed Asset Turnover1.751.932.0074
Slightly volatile
Capital Expenditure Coverage Ratio0.550.350.7814
Pretty Stable
Price Cash Flow Ratio5.958.145.0294
Very volatile
Debt Ratio0.250.280.3341
Slightly volatile
Cash Flow To Debt Ratio0.320.330.416
Slightly volatile
Price Sales Ratio0.510.63370.4493
Pretty Stable
Asset Turnover1.561.331.31
Very volatile
Gross Profit Margin0.160.170.2066
Slightly volatile
Price Fair Value1.751.711.5365
Slightly volatile
Operating Cycle42.4347.4253.1702
Pretty Stable
Dividend Payout Ratio0.05770.09420.0481
Slightly volatile
Cash Conversion Cycle29.9235.8341.464
Very volatile
Operating Cash Flow Sales Ratio0.10.08840.097
Very volatile
Days Of Sales Outstanding38.145.7350.5072
Pretty Stable
Enterprise Value Multiple5.05.357.5322
Very volatile

Covenant Logistics Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap150.1 M181.2 M194.3 M
Pretty Stable
Enterprise Value189.9 M253 M268.2 M
Very volatile

Covenant Fundamental Market Drivers

Forward Price Earnings12.0192

Covenant Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Covenant Logistics Financial Statements

Covenant Logistics stakeholders use historical fundamental indicators, such as Covenant Logistics' revenue or net income, to determine how well the company is positioned to perform in the future. Although Covenant Logistics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Covenant Logistics' assets and liabilities are reflected in the revenues and expenses on Covenant Logistics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Covenant Logistics Group,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue96.5 M101.3 M
Total Revenue1.1 B728.8 M
Cost Of Revenue1.1 B1.1 B
Sales General And Administrative To Revenue 0.11  0.20 
Revenue Per Share 43.01  45.16 
Stock Based Compensation To Revenue 0.01  0.01 
Capex To Revenue 0.23  0.19 
Ebit Per Revenue 0.04  0.04 

Currently Active Assets on Macroaxis

When determining whether Covenant Logistics Group, is a strong investment it is important to analyze Covenant Logistics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Covenant Logistics' future performance. For an informed investment choice regarding Covenant Stock, refer to the following important reports:
Check out the analysis of Covenant Logistics Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Covenant Logistics. If investors know Covenant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Covenant Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Earnings Share
1.28
Revenue Per Share
86.188
Quarterly Revenue Growth
(0)
Return On Assets
0.0407
The market value of Covenant Logistics Group, is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Covenant Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Covenant Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covenant Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.