Covenant Logistics Group Quarterly Balance Sheet
NYSE: CVLGIndustrialsTrucking Freight/Courier ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Covenant Logistics Group financial position
As of Jun 30, 2026, Covenant Logistics Group reported total assets of $1.01 billion, down 0.3% from a year earlier against total liabilities of $592.9 million. Shareholders' equity stood at $412.9 million, or 41.1% of assets. The company held $2.6 million in cash and equivalents against $289.1 million of debt, a net debt position of $286.5 million.
The current ratio (current assets divided by current liabilities) was 1.14, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.70.
Summary generated from market data by MetaCap's automated system. Methodology
Covenant Logistics Group balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.62M | 11.24M | 4.95M | 2.69M | 143.00K | 11.24M | 35.62M | 35.20M | 1.28M | 2.95M | 2.29M | 7.39M |
| Receivables | 166.38M | 155.72M | 151.80M | 150.36M | 152.36M | 141.06M | 141.63M | 135.08M | 145.06M | 143.97M | 142.50M | 154.19M |
| Total Current Assets | 219.99M | 211.13M | 232.82M | 194.57M | 196.60M | 179.77M | 213.85M | 214.75M | 201.79M | 180.44M | 185.94M | 202.51M |
| Property, Plant & Equipment | 463.36M | 456.67M | 477.17M | 542.09M | 523.41M | 521.91M | 524.81M | 537.19M | 532.88M | 502.99M | 514.65M | 443.92M |
| Goodwill | 80.60M | 80.44M | 80.48M | 78.94M | 78.94M | 78.94M | 78.94M | 78.94M | 78.94M | 80.30M | 75.75M | 73.15M |
| Intangible Assets | 99.61M | 102.61M | 105.61M | 93.56M | 96.21M | 98.16M | 90.13M | 92.50M | 94.87M | 97.24M | 99.61M | 101.99M |
| Total Assets | 1.01B | 1.02B | 1.05B | 1.03B | 1.01B | 979.97M | 997.57M | 1.01B | 994.99M | 943.43M | 954.44M | 892.16M |
| Accounts Payable | 34.16M | 50.35M | 45.48M | 32.62M | 34.99M | 31.90M | 31.94M | 31.64M | 31.58M | 31.61M | 33.16M | 34.20M |
| Short-Term Debt | 64.33M | 52.15M | 64.00M | 63.72M | 51.16M | 50.54M | 64.21M | 73.10M | 70.74M | 60.96M | 47.65M | 30.93M |
| Total Current Liabilities | 193.42M | 202.17M | 209.98M | 192.44M | 179.93M | 164.30M | 181.28M | 194.65M | 187.68M | 173.40M | 170.29M | 171.35M |
| Long-Term Debt | 224.73M | 201.39M | 234.05M | 203.91M | 214.10M | 182.35M | 187.09M | 192.46M | 197.35M | 187.40M | 196.89M | 153.64M |
| Total Liabilities | 592.89M | 609.22M | 641.55M | 601.48M | 592.22M | 536.33M | 559.23M | 578.09M | 575.61M | 536.18M | 551.02M | 498.13M |
| Shareholders' Equity | 412.87M | 407.61M | 404.00M | 423.72M | 416.87M | 443.64M | 438.34M | 431.55M | 419.37M | 407.25M | 403.42M | 394.02M |
| Retained Earnings | 287.64M | 280.87M | 278.21M | 298.22M | 290.88M | 282.84M | 278.13M | 403.78M | 392.20M | 381.45M | 378.92M | 367.56M |
| Total Debt | 289.07M | 253.54M | 298.05M | 267.63M | 265.26M | 232.89M | 251.29M | 265.56M | 268.08M | 248.36M | 244.54M | 184.57M |
| Net Cash (Debt) | -286.45M | -242.30M | -293.11M | -264.95M | -265.12M | -221.65M | -215.68M | -230.37M | -266.80M | -245.41M | -242.25M | -177.19M |
This table shows 12 quarterly periods of Covenant Logistics Group's balance sheet, from Q2 2026 back to Q3 2023, 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?