Covenant Financial Statements From 2010 to 2026

CVLG Stock  USD 25.65  0.25  0.98%   
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
263.9 M
Profit Margin
0.0281
Market Capitalization
639 M
Enterprise Value Revenue
0.8246
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 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

728.45 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 104.5 M, Interest Expense of 16.4 M or Selling General Administrative of 116.3 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0095 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

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.2 B1.1 B704.5 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 Equity529.3 M504.1 M284.4 M
Slightly volatile
Property Plant And Equipment Net338.3 M603.5 M404.7 M
Slightly volatile
Net Debt152.3 M300.5 M195.7 M
Pretty Stable
Retained Earnings335.8 M319.9 M170.1 M
Slightly volatile
Accounts Payable38.6 M36.7 M20.9 M
Slightly volatile
Cash43 M41 M20.5 M
Slightly volatile
Non Current Assets Total946.3 M901.3 M532.6 M
Slightly volatile
Cash And Short Term Investments43 M41 M20.5 M
Slightly volatile
Net Receivables96.9 M175 M115.8 M
Slightly volatile
Common Stock Shares Outstanding32.7 M31.9 M32.1 M
Pretty Stable
Liabilities And Stockholders Equity1.2 B1.1 B704.5 M
Slightly volatile
Non Current Liabilities Total456.4 M434.6 M284.5 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 Equity110.8 M143 M117.2 M
Pretty Stable
Total Liabilities675.3 M643.1 M420.1 M
Slightly volatile
Property Plant And Equipment Gross880.8 M838.8 M495.5 M
Slightly volatile
Total Current Assets140.7 M245.9 M164.9 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

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative116.3 M151 M93.2 M
Pretty Stable
Total Revenue728.4 M1.3 B829.4 M
Slightly volatile
Gross Profit179.3 M170.7 M142.4 M
Pretty Stable
Other Operating Expenses800.2 M1.2 B798.4 M
Slightly volatile
EBITDA176.3 M167.9 M107.2 M
Slightly volatile
Cost Of Revenue1.1 B1.1 B718.8 M
Slightly volatile
Total Operating Expenses231.5 M130.4 M111 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

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
Cash Flows Other Operating242 K254.7 K2.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.50.730.4988
Very volatile
Dividend Yield0.00950.00930.0085
Slightly volatile
PTB Ratio1.541.881.4716
Pretty Stable
Days Sales Outstanding38.1444.1750.3572
Pretty Stable
Book Value Per Share15.7515.08.9011
Slightly volatile
Operating Cash Flow Per Share4.414.22.6988
Slightly volatile
PB Ratio1.541.881.4716
Pretty Stable
EV To Sales0.740.990.7499
Pretty Stable
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 Share1.281.220.6412
Slightly volatile
POCF Ratio5.366.714.9164
Very volatile
Payout Ratio0.080.150.0593
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
Net Debt To EBITDA1.631.612.0412
Slightly volatile
Current Ratio1.671.361.3536
Pretty Stable
Tangible Book Value Per Share9.679.216.8578
Slightly volatile
Receivables Turnover13.488.557.7643
Slightly volatile
Graham Number21.3820.3614.6403
Slightly volatile
Shareholders Equity Per Share15.7515.08.9011
Slightly volatile
Debt To Equity0.740.611.0217
Slightly volatile
Capex Per Share2.735.233.7629
Pretty Stable
Revenue Per Share40.6438.7127.3102
Slightly volatile
Interest Debt Per Share11.1510.627.3943
Slightly volatile
Debt To Assets0.250.270.3314
Slightly volatile
Enterprise Value Over EBITDA3.246.035.4863
Pretty Stable
Short Term Coverage Ratios2.092.23.4682
Slightly volatile
Operating Cycle42.446.1453.0046
Pretty Stable
Price Book Value Ratio1.541.881.4716
Pretty Stable
Days Of Payables Outstanding17.0814.2312.1697
Very volatile
Dividend Payout Ratio0.080.150.0593
Slightly volatile
Price To Operating Cash Flows Ratio5.366.714.9164
Very volatile
Ebt Per Ebit1.121.181.8359
Slightly volatile
Company Equity Multiplier2.132.052.7603
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 T0.580.70.9029
Pretty Stable
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 Ratio1.541.881.4716
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 Multiple3.246.035.4863
Pretty Stable
Debt Ratio0.250.270.3314
Slightly volatile
Cash Flow To Debt Ratio0.840.480.4553
Slightly volatile
Price Sales Ratio0.50.730.4988
Very volatile
Asset Turnover1.551.31.2967
Very volatile
Gross Profit Margin0.180.190.2062
Slightly volatile
Price Fair Value1.541.881.4716
Pretty Stable

Covenant Logistics Valuation Data

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 Earnings14.5773
Cash And Short Term Investments35.6 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 Revenue1.3 B728.4 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 38.71  40.64 
Ebit Per Revenue 0.05  0.05 

Currently Active Assets on Macroaxis

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:
Check out the analysis of Covenant Logistics Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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
0.265
Earnings Share
1.07
Revenue Per Share
44.084
Quarterly Revenue Growth
0.031
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.
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.