COVENANT LOGISTICS GROUP, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $7.8m $15.4m $23.1m $43.6m $8.4m $8.4m $68.7m $2.3m $35.6m $4.9m
Accounts Receivable, after Allowance for Credit Loss $91.3m $142.4m $142.5m $141.6m $151.8m
Assets, Current $135.0m $162.3m $211.6m $254.4m $147.8m $188.5m $222.7m $185.9m $213.8m $232.8m
Property, Plant and Equipment, Net $465.5m $464.1m $450.6m $517.2m $391.5m $346.5m $407.7m $514.7m $524.8m
Goodwill $0 $0 $41.6m $42.5m $42.5m $42.5m $58.2m $75.7m $78.9m $80.5m
Intangible Assets, Net (Excluding Goodwill) $0 $0
Operating Lease, Right-of-Use Asset $37.4m
Other Assets, Noncurrent $20.1m $23.3m $37.1m $37.9m $60.9m $52.4m $58.8m $78.1m $89.6m $97.4m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $96.6m $104.2m $151.1m $167.8m $91.3m $142.4m $119.8m $142.5m $141.6m $151.8m
Accrued Liabilities, Current $26.6m $26.5m $49.5m $31.8m $38.5m $38.0m $51.0m $59.1m $51.3m $62.0m
Assets $620.5m $649.7m $773.5m $881.6m $676.7m $651.7m $796.6m $954.4m $997.6m $1.0b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $19.5m $17.0m $15.8m $18.2m $11.9m $10.3m $12.2m
Accounts Payable, Current $13.0m $11.9m $22.1m $25.7m $31.7m $29.9m $33.9m $33.2m $31.9m $45.5m
Long-term Debt, Current Maturities $24.9m $24.6m $28.7m $54.4m $7.6m $5.7m $18.9m $47.7m $64.2m $64.0m
Operating Lease, Liability, Noncurrent $40.9m $21.5m $21.6m $46.4m $30.9m $31.3m $25.3m
Long-term Debt, Excluding Current Maturities $168.7m $164.5m $166.6m $200.2m $47.9m $20.3m $90.4m $196.9m $187.1m $234.0m
Liabilities, Current $87.8m $81.2m $127.3m $161.3m $133.4m $142.7m $156.1m $170.3m $181.3m $210.0m
Deferred Income Tax Liabilities, Net $80.3m $74.6m $84.7m $98.7m $116.1m $117.7m $119.7m
Other Liabilities, Noncurrent $2.9m $1.8m $1.6m $2.6m $9.8m $2.1m $7.5m $14.2m $18.8m $13.8m
Deferred Tax Liabilities, Net $84.2m $63.3m $77.5m $80.3m $74.6m $84.7m $98.7m $116.1m $117.7m
Liabilities $384.1m $354.5m $430.4m $531.5m $386.1m $302.0m $419.5m $551.0m $559.2m $641.6m
Commitments and Contingencies $0 $0
Stockholders’ equity:
Additional Paid in Capital $137.9m $137.2m $142.2m $141.9m $143.4m $149.4m $152.9m $155.8m $158.9m $159.5m
Retained Earnings (Accumulated Deficit) $102.0m $157.5m $200.6m $209.0m $166.3m $225.1m $329.5m $378.9m $278.1m $278.2m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($2.6m) $293k $204k ($1.0m) ($2.3m) ($1.3m) $1.1m $816k $1.0m $612k
Treasury Stock, Common, Value $132.3m $0 $34.6m
Stockholders' Equity Attributable to Parent $236.4m $295.2m $343.1m $350.1m $290.6m $349.7m $377.1m $403.4m $438.3m $404.0m
Liabilities and Equity $620.5m $649.7m $773.5m $881.6m $676.7m $651.7m $796.6m $954.4m $997.6m $1.0b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.