Covenant Logistics Group Balance Sheet
NYSE: CVLGIndustrialsTrucking Freight/Courier ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Covenant Logistics Group financial position
At the end of fiscal 2025, Covenant Logistics Group reported total assets of $1.05 billion, up 4.8% from a year earlier against total liabilities of $641.6 million. Shareholders' equity stood at $404.0 million, or 38.6% of assets. The company held $4.9 million in cash and equivalents against $298.1 million of debt, a net debt position of $293.1 million.
The current ratio (current assets divided by current liabilities) was 1.11, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.74.
Summary generated from market data by MetaCap's automated system. Methodology
Covenant Logistics Group balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.95M | 35.62M | 2.29M | 68.67M | 8.41M | 8.41M | 43.59M | 23.13M | 15.36M | 7.75M |
| Receivables | 151.80M | 141.63M | 142.50M | 119.77M | 142.36M | 91.30M | 81.21M | 151.09M | 104.15M | 96.64M |
| Total Current Assets | 232.82M | 213.85M | 185.94M | 222.66M | 188.53M | 147.80M | 254.38M | 211.64M | 162.31M | 134.96M |
| Property, Plant & Equipment | 477.17M | 524.81M | 514.65M | 407.74M | 346.48M | 391.45M | 517.20M | 450.60M | 464.07M | 465.47M |
| Goodwill | 80.48M | 78.94M | 75.75M | 58.22M | 42.52M | 42.52M | 42.52M | 41.60M | 0 | 0 |
| Intangible Assets | 105.61M | 90.13M | 99.61M | 48.17M | 20.48M | 24.52M | 29.61M | 32.54M | 0 | 0 |
| Total Assets | 1.05B | 997.57M | 954.44M | 796.64M | 651.66M | 676.72M | 881.64M | 773.52M | 649.67M | 620.54M |
| Accounts Payable | 45.48M | 31.94M | 33.16M | 33.90M | 29.91M | 31.70M | 19.50M | 22.10M | 11.86M | 13.03M |
| Short-Term Debt | 64.00M | 64.21M | 47.65M | 18.90M | 5.72M | 7.58M | 54.38M | 28.71M | 24.60M | 24.95M |
| Total Current Liabilities | 209.98M | 181.28M | 170.29M | 156.12M | 142.75M | 133.38M | 161.26M | 127.33M | 81.22M | 87.78M |
| Long-Term Debt | 234.05M | 187.09M | 196.89M | 90.37M | 20.35M | 47.89M | 200.18M | 166.63M | 164.47M | 168.68M |
| Total Liabilities | 641.55M | 559.23M | 551.02M | 419.52M | 301.96M | 386.07M | 531.53M | 430.38M | 354.47M | 384.12M |
| Shareholders' Equity | 404.00M | 438.34M | 403.42M | 377.13M | 349.70M | 290.64M | 350.11M | 343.14M | 295.20M | 236.41M |
| Retained Earnings | 278.21M | 278.13M | 378.92M | 329.47M | 225.08M | 166.32M | 209.04M | 200.57M | 157.47M | 102.03M |
| Total Debt | 298.05M | 251.29M | 244.54M | 109.26M | 26.07M | 55.47M | 254.55M | 195.34M | 189.06M | 193.62M |
| Net Cash (Debt) | -293.11M | -215.68M | -242.25M | -40.60M | -17.66M | -47.06M | -210.96M | -172.22M | -173.71M | -185.87M |
This table shows 10 annual periods of Covenant Logistics Group's balance sheet, from FY 2025 back to FY 2016, across 16 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow CVLG's reporting calendar. What is a balance sheet?