Covenant Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Covenant Logistics Group,
CVLG Stock  USD 19.90  0.12  0.61%   
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
267.3 M
Profit Margin
0.0343
Market Capitalization
551.3 M
Enterprise Value Revenue
0.701
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 116.3 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0095 or PTB Ratio of 5.01. 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 Assets536.6 M997.6 M635.1 M
Slightly volatile
Short and Long Term Debt Total163.9 M296.9 M206.3 M
Pretty Stable
Other Current Liabilities22.7 M23.9 M54.1 M
Pretty Stable
Total Current Liabilities111.5 M131.1 M121.1 M
Slightly volatile
Total Stockholder Equity206.4 M150.4 M232.5 M
Slightly volatile
Property Plant And Equipment Net338.3 M524.8 M392.3 M
Slightly volatile
Net Debt152.3 M261.3 M189.1 M
Very volatile
Retained Earnings292 M278.1 M158 M
Slightly volatile
Accounts Payable33.5 M31.9 M19.6 M
Slightly volatile
Cash37.4 M35.6 M18.8 M
Slightly volatile
Non Current Assets Total198.6 K209 K401.5 M
Very volatile
Cash And Short Term Investments37.4 M35.6 M18.8 M
Slightly volatile
Net Receivables96.9 M152.1 M112.1 M
Slightly volatile
Common Stock Shares Outstanding32.7 M27.7 M32.1 M
Pretty Stable
Liabilities And Stockholders Equity536.6 M997.6 M635.1 M
Slightly volatile
Non Current Liabilities Total206.6 M378 M259.5 M
Slightly volatile
Inventory3.9 M5.6 M4 M
Slightly volatile
Other Current Assets27.8 M20.4 M25.5 M
Pretty Stable
Other Stockholder Equity107.3 M149.1 M106.9 M
Very volatile
Total Liabilities320 M559.2 M384 M
Slightly volatile
Property Plant And Equipment Gross365.5 M729.4 M441.9 M
Slightly volatile
Total Current Assets140.7 M213.8 M159.8 M
Slightly volatile
Short Term Debt79.1 M75.3 M47.8 M
Pretty Stable
Common Stock Total Equity183.9 K212.8 K184.5 K
Slightly volatile
Intangible Assets94.6 M90.1 M31.7 M
Slightly volatile
Common Stock189 K265 K188.1 K
Slightly volatile
Current Deferred Revenue101.3 M96.5 M61.7 M
Slightly volatile
Good Will44.8 M78.9 M47.1 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 Debt110.4 M187.1 M147.8 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 Obligations54.9 M45.6 M39.8 M
Slightly volatile
Long Term Investments45.7 M77.4 M33.2 M
Slightly volatile
Short and Long Term Debt34.3 M64.2 M29.1 M
Slightly volatile
Non Current Liabilities Other19.7 M18.8 M6.1 M
Slightly volatile
Property Plant Equipment347.8 M367 M434.9 M
Slightly volatile
Net Invested Capital574.3 M689.6 M508.8 M
Slightly volatile
Net Working Capital43.3 M32.6 M65.3 M
Slightly volatile
Capital Stock221.4 K265 K199.4 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

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative116.3 M131.3 M89.6 M
Very volatile
Total Revenue728.8 M1.1 B800.5 M
Slightly volatile
Gross Profit179.6 M189.6 M141.2 M
Pretty Stable
Other Operating Expenses799.6 M1.1 B769.1 M
Slightly volatile
EBITDA153.3 M146 M93 M
Slightly volatile
Cost Of Revenue481.8 M941.8 M655 M
Slightly volatile
Total Operating Expenses231.1 M144.9 M108.7 M
Pretty Stable
Reconciled Depreciation56 M86.5 M70.2 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

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.2 M2.3 M14.8 M
Slightly volatile
Capital Expenditures111.4 M153 M115 M
Pretty Stable
Total Cash From Operating Activities67.4 M122.9 M77.9 M
Slightly volatile
End Period Cash Flow37.4 M35.6 M18.8 M
Slightly volatile
Dividends Paid5.5 M5.8 M7.8 M
Slightly volatile
Cash Flows Other Operating242 K254.7 K2.7 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.510.63370.4493
Pretty Stable
Dividend Yield0.00950.00810.0084
Slightly volatile
PTB Ratio5.014.76751.9313
Pretty Stable
Days Sales Outstanding38.1349.076250.7182
Very volatile
Book Value Per Share17.516.66258.6293
Slightly volatile
Operating Cash Flow Per Share4.914.67152.6362
Slightly volatile
PB Ratio5.014.76751.9313
Pretty Stable
EV To Sales0.740.86460.6989
Slightly volatile
Inventory Turnover96.02167162
Slightly volatile
Days Of Inventory On Hand2.082.18892.5536
Slightly volatile
Payables Turnover27.9229.488339.2092
Slightly volatile
Sales General And Administrative To Revenue0.20.1160.1412
Slightly volatile
Average Inventory1.6 M2.2 M2.4 M
Very volatile
Capex To Revenue0.190.230.1708
Slightly volatile
Cash Per Share1.421.3540.6137
Slightly volatile
POCF Ratio5.965.83434.8859
Pretty Stable
Payout Ratio0.170.16140.0593
Slightly volatile
Capex To Operating Cash Flow2.372.951.9511
Slightly volatile
Days Payables Outstanding17.0812.377812.041
Very volatile
EV To Operating Cash Flow8.787.96037.7938
Slightly volatile
Net Debt To EBITDA2.041.78953.0986
Very volatile
Current Ratio1.691.63071.3826
Slightly volatile
Tangible Book Value Per Share10.7510.23586.7783
Slightly volatile
Receivables Turnover13.487.43747.7211
Slightly volatile
Graham Number8.0313.252812.8627
Slightly volatile
Shareholders Equity Per Share4.935.71687.1595
Slightly volatile
Debt To Equity2.071.97411.2116
Pretty Stable
Capex Per Share7.887.54.0985
Slightly volatile
Revenue Per Share45.1643.010526.8957
Slightly volatile
Interest Debt Per Share12.3911.80167.2702
Slightly volatile
Debt To Assets0.250.29760.3352
Slightly volatile
Enterprise Value Over EBITDA5.016.70047.6172
Very volatile
Short Term Coverage Ratios1.821.91393.5305
Slightly volatile
Operating Cycle42.3851.265153.4074
Pretty Stable
Price Book Value Ratio5.014.76751.9313
Pretty Stable
Days Of Payables Outstanding17.0812.377812.041
Very volatile
Dividend Payout Ratio0.170.16140.0593
Slightly volatile
Price To Operating Cash Flows Ratio5.965.83434.8859
Pretty Stable
Company Equity Multiplier6.966.63313.3789
Pretty Stable
Long Term Debt To Capitalization0.280.55440.3765
Slightly volatile
Total Debt To Capitalization0.340.66380.474
Slightly volatile
Debt Equity Ratio2.071.97411.2116
Pretty Stable
Quick Ratio1.651.58771.3482
Slightly volatile
Dividend Paid And Capex Coverage Ratio22.2621.20313.4369
Slightly volatile
Net Income Per E B T0.530.78260.7813
Very volatile
Cash Ratio0.290.27160.1608
Slightly volatile
Cash Conversion Cycle29.9638.887341.6576
Very volatile
Operating Cash Flow Sales Ratio0.10.10860.0982
Very volatile
Days Of Inventory Outstanding2.082.18892.5536
Slightly volatile
Days Of Sales Outstanding38.1349.076250.7182
Very volatile
Cash Flow Coverage Ratios0.390.41390.4256
Slightly volatile
Price To Book Ratio5.014.76751.9313
Pretty Stable
Fixed Asset Turnover1.751.932.0074
Slightly volatile
Capital Expenditure Coverage Ratio0.550.350.7814
Pretty Stable
Price Cash Flow Ratio5.965.83434.8859
Pretty Stable
Enterprise Value Multiple5.016.70047.6172
Very volatile
Debt Ratio0.250.29760.3352
Slightly volatile
Cash Flow To Debt Ratio0.390.41390.4256
Slightly volatile
Price Sales Ratio0.510.63370.4493
Pretty Stable
Asset Turnover1.551.13421.2972
Very volatile
Gross Profit Margin0.160.16760.2065
Slightly volatile
Price Fair Value5.014.76751.9313
Pretty Stable

Covenant Logistics Valuation Data

Trends
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 Earnings10.142
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 Revenue1.1 B728.8 M
Cost Of Revenue941.8 M481.8 M
Sales General And Administrative To Revenue 0.12  0.20 
Capex To Revenue 0.23  0.19 
Revenue Per Share 43.01  45.16 
Ebit Per Revenue 0.04  0.04 

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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:
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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Largest Transportation Companies
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Check out the analysis of Covenant Logistics Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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
0.65
Dividend Share
0.235
Earnings Share
1.38
Revenue Per Share
42.506
Quarterly Revenue Growth
(0.03)
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.
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Buy or Sell
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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.
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