Covenant Logistics Group, Inc. financial data

Symbol
CVLG on NYSE
Industry
Trucking (No Local)
Location
400 Birmingham Highway, Chattanooga, TN
State of incorporation
NV
Fiscal year end
December 31
Former names
COVENANT TRANSPORTATION GROUP INC (to 6/19/2020), COVENANT TRANSPORT INC (to 5/10/2007)
Latest financial report
10-Q - Q3 2024 - Nov 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 108 % -19.3%
Debt-to-equity 135 % +13.9%
Return On Assets 4.3 % -33.7%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 369M USD +44.3%
Weighted Average Number of Shares Outstanding, Basic 13.2M shares +1.78%
Weighted Average Number of Shares Outstanding, Diluted 13.9M shares +1.62%

Income Statement

Label TTM Value / Value Unit Change %
Costs and Expenses 1.08B USD +0.7%
Operating Income (Loss) 50.4M USD -9.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 54.1M USD -22.3%
Income Tax Expense (Benefit) 12.7M USD -22.5%
Net Income (Loss) Attributable to Parent 42M USD -22.1%
Earnings Per Share, Basic 3.21 USD/shares -20.9%
Earnings Per Share, Diluted 3 USD/shares -21.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 35.2M USD +376%
Accounts Receivable, after Allowance for Credit Loss, Current 135M USD -12.4%
Other Assets, Current 430K USD -19.3%
Assets, Current 215M USD +6.05%
Property, Plant and Equipment, Net 537M USD +21%
Goodwill 78.9M USD +7.91%
Other Assets, Noncurrent 86M USD +22.6%
Assets 1.01B USD +13.2%
Accounts Payable, Current 31.6M USD -7.47%
Accrued Liabilities, Current 55.7M USD -17.8%
Liabilities, Current 195M USD +13.6%
Long-term Debt and Lease Obligation 231M USD +18.9%
Deferred Income Tax Liabilities, Net 119M USD +15.3%
Operating Lease, Liability, Noncurrent 33.6M USD -5.31%
Other Liabilities, Noncurrent 12.5M USD -11.1%
Liabilities 578M USD +16.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax 579K USD -60%
Retained Earnings (Accumulated Deficit) 404M USD +9.85%
Stockholders' Equity Attributable to Parent 432M USD +9.53%
Liabilities and Equity 1.01B USD +13.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 21.7M USD +199%
Net Cash Provided by (Used in) Financing Activities 22.4M USD
Net Cash Provided by (Used in) Investing Activities -43.5M USD -714%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 658K USD
Deferred Tax Assets, Valuation Allowance 100K USD 0%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 44.6M USD -11%
Payments to Acquire Property, Plant, and Equipment 48.4M USD +198%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 41.1M USD -24.2%
Lessee, Operating Lease, Liability, to be Paid 52.9M USD -14.3%
Property, Plant and Equipment, Gross 736M USD +20%
Operating Lease, Liability, Current 11M USD -24.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 11.6M USD -3.66%
Lessee, Operating Lease, Liability, to be Paid, Year One 13.1M USD -28.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure -10.1%
Deferred Income Tax Expense (Benefit) -5.26M USD -344%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.31M USD -28.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 10.4M USD +23.7%
Deferred Tax Assets, Operating Loss Carryforwards 14.6M USD +306%
Unrecognized Tax Benefits 105K USD -73.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.94M USD -21.1%
Operating Lease, Payments 11.6M USD +9.81%
Additional Paid in Capital 158M USD +1.44%
Amortization of Intangible Assets 2.4M USD +118%
Deferred Tax Assets, Net of Valuation Allowance 49.9M USD +27.7%