CVLG - Intrinsic Value and Financial Analysis - Covenant Logistics Group, Inc.

Covenant Logistics Group, Inc. CVLG

Industrials - Trucking - NASDAQ - US

Watchlist

$ 57.84

-2.3 %

$ 762 M

Market Cap

19.47

P/E

BALANCE SHEET

1 B ASSETS

Growth Rates

1Year 26.08%

3Years 14.07%

5Years 5.36%

7Years 7.14%

10Years 7.90%

601 M LIABILITIES

Growth Rates

1Year 43.25%

3Years 15.89%

5Years 6.91%

7Years 6.63%

10Years 4.99%

403 M EQUITY

Growth Rates

1Year 6.97%

3Years 11.55%

5Years 3.29%

7Years 7.93%

10Years 14.93%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Covenant Logistics Group, Inc.

1 B ASSETS
601 M LIABILITIES

Current Assets	186 M
Cash & Short-Term Investments	2.29 M
Receivables	154 M
Other Current Assets	30 M
Non-Current Assets	818 M
Long-Term Investments	71 M
PP&E	515 M
Other Non-Current Assets	233 M

Current Liabilities	170 M
Accounts Payable	33.2 M
Short-Term Debt	60.4 M
Other Current Liabilities	76.8 M
Non-Current Liabilities	381 M
Long-Term Debt	233 M
Other Non-Current Liabilities	148 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994
ASSETS
Cash & Cash Equivalents	2.3	68.7	8.4	8.4	43.6	23.1	15.4	7.8	4.5	21.3	9.3	6.8	3.9	9.4	12.2	6.3	4.5	5.4	3.6	5.1	3.3	42 K	0.4	2.3	1.0	2.9	2.6	3.5	0.5	4.9
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	153.6	128.4	161.3	109.1	95.1	168.9	130.8	109.6	130.0	103.0	86.7	80.1	70.6	67.0	68.4	78.2	86.7	83.2	85.5	87.2	72.9	68.5	71.3	87.5	84.3	2.5	38.8	33.2	17.5	17.5
Inventory	4.8	3.5	3.3	3.1	4.2	4.1	4.2	4.0	4.0	4.4	4.7	4.5	4.6	4.5	4.0	3.9	4.1	5.0	4.7	3.6	3.6	3.2	3.5	2.9	3.0	1.9	1.1	0.9	0.5	0.5
Other Current Assets	25.2	22.1	15.5	27.2	111.5	15.6	12.0	13.6	34.3	13.3	22.7	16.8	29.3	10.3	17.2	37.3	41.4	49.8	39.5	28.8	29.6	28.1	18.5	16.5	10.9	58.8	4.9	4.0	6.0	1.6
Total Current Assets	185.9	222.7	188.5	147.8	254.4	211.6	162.3	135.0	172.8	156.8	123.5	108.3	108.4	91.1	101.8	127.3	136.8	143.4	130.1	127.3	109.4	99.9	93.6	109.3	99.3	66.1	47.4	41.6	24.5	24.5
PP&E	514.7	407.7	346.5	391.5	517.2	450.6	464.1	465.5	454.0	382.5	329.6	279.0	322.3	324.0	278.3	236.0	247.5	275.0	214.4	209.4	221.7	238.5	231.5	256.0	269.0	200.5	161.6	144.4	87.9	87.9
Intangible Assets	99.6	48.2	20.5	24.5	29.6	32.5	0	0	0.2	0.2	0.3	0.6	0	0	0	0	0	0	0	0	0	0	0	0	13.2	4.3	3.7	0.3	0	0
Goodwill	75.7	58.2	42.5	42.5	42.5	41.6	0	0	0	0	0	0	0	11.5	11.5	11.5	36.2	36.2	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	71.0	54.7	44.2	34.4	31.9	26.1	20.1	18.5	16.8	12.2	8.7	6.1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	57.4	4.1	2.1	11.7	(73.5)	(66.2)	3.1	1.6	2.0	0.5	0.6	1.1	9.1	5.7	6.6	18.8	19.3	20.5	26.8	23.3	23.1	23.1	24.7	25.2	2.5	2.0	2.6	0.9	0.2	0.2
Other Assets	0	0	0	0	0.2	0	0	(0.8)	(1.1)	(0.3)	3.3	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	1 004.4	796.6	651.7	676.7	881.9	773.5	649.7	619.8	646.3	553.7	469.7	400.2	439.8	432.4	398.3	393.7	439.8	475.1	371.3	360.0	354.3	361.5	349.8	390.5	384.0	273.0	215.3	187.1	112.6	112.6
LIABILITIES
Accounts Payable	33.2	33.9	29.9	31.7	19.5	22.1	11.9	13.0	12.3	9.6	8.3	10.0	8.8	6.9	7.5	8.2	35.0	10.4	7.0	6.6	8.8	6.9	7.2	7.0	7.3	3.5	5.3	3.9	3.6	3.6
Short Term Debt	60.4	42.4	28.4	31.5	81.7	35.9	27.6	27.6	48.1	29.4	8.7	74.0	104.2	74.6	73.3	59.4	6.9	4.3	0	9 K	1.3	43.0	20.1	6.5	4.2	1.9	1.6	50 K	9.8	9.8
Other Current Liabilities	76.8	79.8	84.5	70.2	60.1	53.8	41.8	47.2	65.8	62.1	92.3	44.3	37.6	40.4	38.8	41.8	68.1	95.5	107.6	105.6	90.2	77.7	77.9	79.2	20.7	12.9	9.1	4.5	2.8	2.8
Total Current Liabilities	170.3	156.1	142.7	133.4	161.3	127.3	81.2	87.8	126.5	104.1	109.4	128.3	150.5	121.9	119.7	109.4	110.1	110.2	114.6	112.2	100.3	127.6	105.2	92.7	32.2	19.7	16.7	8.4	16.2	16.2
Long Term Debt	233.1	137.2	45.9	80.1	267.1	201.8	186.2	188.4	206.6	172.9	182.7	109.2	144.3	155.4	146.6	108.0	86.5	104.9	33.0	8.0	12.0	1.3	29.0	74.3	140.5	84.3	80.8	83.1	27.7	27.7
Deferred Tax Income	0	98.7	84.7	74.6	80.3	77.5	63.3	84.2	77.0	73.7	59.1	49.8	42.7	41.8	24.5	39.7	57.9	50.7	33.9	44.1	49.8	57.1	53.6	55.7	47.4	27.4	22.2	13.9	5.1	5.1
Other Liabilities	147.6	27.5	113.3	172.6	22.9	101.3	87.0	23.7	34.8	96.0	74.0	18.2	1.6	12.6	12.9	1.9	2.3	2.5	0	0	0	0	0	0	0	0	0	0	100 K	100 K
Total Liabilities	601.0	419.5	302.0	386.1	531.7	430.4	354.5	383.4	444.2	384.5	369.4	305.6	352.8	331.7	303.6	274.9	267.5	286.2	181.5	164.3	162.1	186.0	187.9	222.7	220.1	131.4	119.7	105.4	49.1	49.1
EQUITY
Common Stock	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0	0
Retained Earnings	378.9	329.5	225.1	166.3	209.0	200.6	157.5	102.0	83.0	40.9	23.1	17.8	11.7	26.0	22.7	47.8	101.1	118.2	119.6	114.4	111.0	98.9	90.6	97.3	85.4	63.1	44.8	31.1	12.9	12.9
Other Accumulative Comprehensive Income/Loss	0.8	1.1	(1.3)	(2.3)	(1.0)	0.2	0.3	(2.6)	(17.5)	(13.1)	0.8	0.3	50 K	0.5	0.3	(116.8)	(102.6)	(74.7)	(86.8)	(89.0)	(99.2)	0	(0.7)	(100.6)	(80.6)	(81.8)	(67.3)	(38.8)	(17.2)	(17.2)
Total Equity	403.4	377.1	349.7	290.6	350.1	343.1	295.2	236.4	202.2	169.2	100.4	94.7	87.1	100.7	94.7	118.8	172.3	188.8	189.7	195.7	192.1	175.6	161.9	167.8	163.9	141.5	95.6	81.7	63.5	63.5
Total Liabilities and Equity	1 004.4	796.6	651.7	676.7	881.9	773.5	649.7	619.8	646.3	553.7	469.7	400.2	439.8	432.4	398.3	393.7	439.8	475.1	371.3	360.0	354.3	361.5	349.8	390.5	384.0	273.0	215.3	187.1	112.6	112.6
SHARES OUTSTANDING
Common Shares Outstanding	13.0	15.0	16.8	17.4	18.4	18.3	18.3	18.2	18.1	15.2	14.8	14.7	14.7	14.4	14.1	14.0	14.0	14.0	14.2	14.6	14.5	14.2	14.0	14.4	14.9	14.4	13.3	13.3	13.3	10.6

Balance Sheet

Premium Plan

Unlimited Plan