For the quarter ending 2025-09-30, CVLG has $1,025,200K in assets. $601,484K in debts. $2,686K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 2,686 | 143 | ||
| Accounts receivable, net of allowance of 2,001 in 2025 and 2,360 in 2024 | 150,357 | 152,363 | ||
| Drivers' advances and other receivables, net of allowance of 586 in 2025 and 593 in 2024 | 4,807 | 4,779 | ||
| Inventory and supplies | 6,145 | 5,390 | ||
| Prepaid expenses | 20,358 | 24,141 | ||
| Assets held for sale | 1,169 | 6,146 | ||
| Income taxes receivable | 8,752 | 3,317 | ||
| Other short-term assets | 298 | 318 | ||
| Total current assets | 194,572 | 196,597 | ||
| Property and equipment, at cost | 773,638 | 743,381 | ||
| Less accumulated depreciation and amortization | 231,546 | 219,969 | ||
| Net property and equipment | 542,092 | 523,412 | ||
| Goodwill | 78,941 | 78,941 | ||
| Other intangibles, net | 93,559 | 96,206 | ||
| Other receivables | 21,557 | 20,244 | ||
| Other assets, net | 94,479 | 93,692 | ||
| Noncurrent assets of discontinued operations | 0 | 0 | ||
| Total assets | 1,025,200 | 1,009,092 | ||
| Checks outstanding in excess of bank balances | - | 1,717 | ||
| Accounts payable | 32,618 | 34,994 | ||
| Accrued expenses | 59,620 | 56,040 | ||
| Current maturities of long-term debt | 63,723 | 51,159 | ||
| Current portion of finance lease obligations | 817 | 1,032 | ||
| Operating lease obligations | 11,266 | 10,796 | ||
| Current portion of insurance and claims accrual | 24,396 | 24,192 | ||
| Total current liabilities | 192,440 | 179,930 | ||
| Long-term debt | 203,911 | 214,101 | ||
| Long-term portion of finance lease obligations | 2,571 | 2,546 | ||
| Long-term portion of operating lease obligations | 26,818 | 29,188 | ||
| Insurance and claims accrual | 39,867 | 38,501 | ||
| Deferred income taxes | 122,221 | 114,061 | ||
| Other long-term liabilities | 13,656 | 13,891 | ||
| Total liabilities | 601,484 | 592,218 | ||
| Common stock-Common Class A | 219 | 219 | ||
| Common stock-Common Class B | 47 | 47 | ||
| Additional paid-in-capital | 159,672 | 159,813 | ||
| Treasury stock at cost 1,508,700 and no shares as of september 30, 2025 and december 31, 2024, respectively | 35,047 | 34,744 | ||
| Accumulated other comprehensive income | 604 | 658 | ||
| Retained earnings | 298,221 | 290,881 | ||
| Total stockholders' equity | 423,716 | 416,874 | ||
| Total liabilities and stockholders' equity | 1,025,200 | 1,009,092 | ||
COVENANT LOGISTICS GROUP, INC. (CVLG)
COVENANT LOGISTICS GROUP, INC. (CVLG)