Covenant Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Covenant Logistics Group
CVLG Stock  USD 29.20  0.20  0.68%   
Covenant Logistics' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Covenant Logistics' valuation are provided below:
Gross Profit
256.3 M
Profit Margin
0.0062
Market Capitalization
742.1 M
Enterprise Value Revenue
0.8777
Revenue
1.2 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 2026 to make sure the company can sustain itself down the road. The Covenant Logistics' current Market Cap is estimated to increase to about 176.4 M, while Enterprise Value is projected to decrease to roughly 190.4 M.

Covenant Logistics Total Revenue

745.71 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 104.2 M, Interest Expense of 7.2 M or Selling General Administrative of 118.7 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0077 or PTB Ratio of 1.54. Covenant financial statements analysis is a perfect complement when working with Covenant Logistics Valuation or Volatility modules.
  
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Check out the analysis of Covenant Logistics Correlation against competitors.

Covenant Logistics Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets555.9 M1 B660.5 M
Slightly volatile
Short and Long Term Debt Total358.5 M341.4 M225.7 M
Slightly volatile
Other Current Liabilities60.1 M85.1 M57.9 M
Slightly volatile
Total Current Liabilities113.3 M208.5 M129.3 M
Slightly volatile
Total Stockholder Equity223.8 M404 M260.5 M
Slightly volatile
Property Plant And Equipment Net338.3 M603.5 M404.7 M
Slightly volatile
Retained Earnings335.8 M319.9 M170.1 M
Slightly volatile
Accounts Payable38.6 M36.7 M20.9 M
Slightly volatile
Cash311.1 M296.3 M51.3 M
Slightly volatile
Non Current Assets Total946.3 M901.3 M532.6 M
Slightly volatile
Cash And Short Term Investments311.1 M296.3 M51.3 M
Slightly volatile
Net Receivables96.9 M175 M115.8 M
Slightly volatile
Common Stock Shares Outstanding32.5 M25 M31.7 M
Very volatile
Liabilities And Stockholders Equity555.9 M1 B660.5 M
Slightly volatile
Non Current Liabilities Total675.7 M643.6 M309.7 M
Slightly volatile
Inventory3.9 M6.5 M4.1 M
Slightly volatile
Other Current Assets27.8 M23.5 M25.4 M
Pretty Stable
Other Stockholder Equity424.2 M404 M151 M
Slightly volatile
Total Liabilities332.1 M643.6 M399.9 M
Slightly volatile
Property Plant And Equipment Gross880.8 M838.8 M495.5 M
Slightly volatile
Total Current Assets311.1 M296.3 M177.9 M
Slightly volatile
Short Term Debt90.9 M86.6 M50.7 M
Slightly volatile
Common Stock Total Equity183.9 K212.8 K184.5 K
Slightly volatile
Intangible Assets108.8 M103.6 M36.7 M
Slightly volatile
Common Stock189 K304.8 K195 K
Slightly volatile
Current Deferred Revenue101.3 M96.5 M63 M
Slightly volatile
Good Will95.3 M90.8 M52.7 M
Slightly volatile
Other Liabilities127.5 M145.1 M116.7 M
Slightly volatile
Net Tangible Assets210.2 M243.7 M250.2 M
Pretty Stable
Long Term Debt110.4 M168.4 M149 M
Slightly volatile
Long Term Debt Total40.9 M43.1 M132.7 M
Slightly volatile
Capital Surpluse156.2 M171.8 M144.5 M
Slightly volatile
Capital Lease Obligations54.9 M52.4 M40.6 M
Slightly volatile
Long Term Investments45.7 M89 M36.4 M
Slightly volatile
Short and Long Term Debt77.5 M73.8 M34.3 M
Slightly volatile
Non Current Liabilities Other22.6 M21.6 M7.2 M
Slightly volatile
Property Plant Equipment347.8 M367 M433.3 M
Slightly volatile
Net Invested Capital574.3 M793.1 M525.5 M
Slightly volatile
Net Working Capital43.3 M29.3 M63.2 M
Slightly volatile
Capital Stock221.4 K304.8 K205.6 K
Slightly volatile
Retained Earnings Total Equity215.3 M258.8 M188.5 M
Slightly volatile
Deferred Long Term Liabilities59.6 M67.1 M73.2 M
Slightly volatile

Covenant Logistics Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative118.7 M174.8 M94.7 M
Pretty Stable
Total Revenue745.7 M1.2 B822.3 M
Slightly volatile
Gross Profit176.1 M93.3 M137.7 M
Very volatile
Other Operating Expenses814.8 M1.2 B793.5 M
Slightly volatile
EBITDA118.9 M113.2 M100.6 M
Slightly volatile
Cost Of Revenue1.1 B1.1 B717.3 M
Slightly volatile
Total Operating Expenses75.4 M79.3 M98.8 M
Pretty Stable
Reconciled Depreciation56 M77.9 M70.6 M
Pretty Stable
Extraordinary Items32.1 M36.1 M39.4 M
Slightly volatile
Non Operating Income Net Other10.3 M17 M7.6 M
Slightly volatile
Selling And Marketing Expenses40.1 M45.1 M49.2 M
Slightly volatile

Covenant Logistics Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.5 M2.6 M14.1 M
Pretty Stable
Capital Expenditures111.4 M175.9 M118.6 M
Slightly volatile
Total Cash From Operating Activities148.4 M141.3 M86.4 M
Slightly volatile
End Period Cash Flow43 M41 M20.5 M
Slightly volatile
Dividends Paid5 M5.2 M7.7 M
Slightly volatile
Cash Flows Other Operating242 K254.7 K2.6 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.50.47340.4837
Very volatile
Dividend Yield0.00770.01270.0086
Slightly volatile
PTB Ratio1.541.36441.4412
Pretty Stable
Days Sales Outstanding38.1444.1750.3572
Pretty Stable
Book Value Per Share16.9616.15349.0401
Slightly volatile
Operating Cash Flow Per Share4.414.22.6988
Slightly volatile
PB Ratio1.541.36441.4412
Pretty Stable
EV To Sales0.210.21890.6733
Slightly volatile
Inventory Turnover96.02150161
Slightly volatile
Days Of Inventory On Hand2.392.522.5698
Slightly volatile
Payables Turnover27.9226.5438.4644
Slightly volatile
Sales General And Administrative To Revenue0.20.130.1405
Slightly volatile
Average Inventory1.6 M2.2 M2.4 M
Very volatile
Capex To Revenue0.190.160.1646
Slightly volatile
Cash Per Share12.4411.84711.9228
Slightly volatile
POCF Ratio5.366.714.9164
Very volatile
Payout Ratio1.020.96740.1627
Slightly volatile
Capex To Operating Cash Flow2.331.431.8178
Slightly volatile
Days Payables Outstanding17.0814.2312.1697
Very volatile
EV To Operating Cash Flow8.179.157.7961
Pretty Stable
Current Ratio1.671.361.3536
Pretty Stable
Tangible Book Value Per Share16.9616.15347.6951
Slightly volatile
Receivables Turnover13.488.557.7643
Slightly volatile
Graham Number8.3410.256713.279
Slightly volatile
Shareholders Equity Per Share16.9616.15349.0401
Slightly volatile
Debt To Equity0.740.611.0217
Slightly volatile
Capex Per Share2.735.233.7629
Pretty Stable
Revenue Per Share48.8946.560328.2572
Slightly volatile
Interest Debt Per Share0.460.4826.1691
Pretty Stable
Debt To Assets0.250.270.3314
Slightly volatile
Enterprise Value Over EBITDA3.192.25215.2611
Slightly volatile
Short Term Coverage Ratios2.092.23.4682
Slightly volatile
Operating Cycle42.446.1453.0046
Pretty Stable
Price Book Value Ratio1.541.36441.4412
Pretty Stable
Days Of Payables Outstanding17.0814.2312.1697
Very volatile
Dividend Payout Ratio1.020.96740.1627
Slightly volatile
Price To Operating Cash Flows Ratio5.366.714.9164
Very volatile
Ebt Per Ebit0.380.40021.7465
Slightly volatile
Company Equity Multiplier2.132.5932.7922
Slightly volatile
Long Term Debt To Capitalization0.270.29910.3546
Slightly volatile
Total Debt To Capitalization0.340.360.452
Slightly volatile
Debt Equity Ratio0.740.611.0217
Slightly volatile
Quick Ratio1.631.321.3195
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.550.70.7972
Pretty Stable
Net Income Per E B T1.361.29480.9838
Slightly volatile
Cash Ratio0.190.180.1516
Pretty Stable
Cash Conversion Cycle29.9835.041.2908
Very volatile
Operating Cash Flow Sales Ratio0.10.120.0995
Pretty Stable
Days Of Inventory Outstanding2.392.522.5698
Slightly volatile
Days Of Sales Outstanding38.1444.1750.3572
Pretty Stable
Cash Flow Coverage Ratios0.840.480.4553
Slightly volatile
Price To Book Ratio1.541.36441.4412
Pretty Stable
Fixed Asset Turnover1.751.942.0157
Slightly volatile
Capital Expenditure Coverage Ratio0.550.720.8045
Pretty Stable
Price Cash Flow Ratio5.366.714.9164
Very volatile
Enterprise Value Multiple3.192.25215.2611
Slightly volatile
Debt Ratio0.250.270.3314
Slightly volatile
Cash Flow To Debt Ratio0.840.480.4553
Slightly volatile
Price Sales Ratio0.50.47340.4837
Very volatile
Asset Turnover1.541.11161.2851
Pretty Stable
Gross Profit Margin0.07610.08010.1936
Slightly volatile
Price Fair Value1.541.36441.4412
Pretty Stable

Covenant Logistics Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap176.4 M140.3 M128.3 M
Pretty Stable
Enterprise Value190.4 M254.5 M270.4 M
Very volatile

Covenant Fundamental Market Drivers

Forward Price Earnings16.8067
Cash And Short Term Investments296.3 M

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 Revenue1.2 B745.7 M
Cost Of Revenue1.1 B1.1 B
Sales General And Administrative To Revenue 0.13  0.20 
Capex To Revenue 0.16  0.19 
Revenue Per Share 46.56  48.89 
Ebit Per Revenue 0.01  0.01 

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When determining whether Covenant Logistics 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:
How To Invest In Covenant
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Is Covenant Stock a good investment?
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What is Covenant Logistics' Net Worth?
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Largest Cargo Ground Transportation Companies
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Check out the analysis of Covenant Logistics Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Can Cargo Ground Transportation industry sustain growth momentum? Does Covenant have expansion opportunities? Factors like these will boost the valuation of Covenant Logistics. Projected growth potential of Covenant fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Covenant Logistics demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.28
Earnings Share
0.16
Revenue Per Share
45.402
Quarterly Revenue Growth
0.065
The market value of Covenant Logistics 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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. 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.
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Buy or Sell
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It's important to distinguish between Covenant Logistics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Covenant Logistics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Covenant Logistics' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
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