COVENANT LOGISTICS GROUP, INC.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $15.4M | $7.8M | $4.5M | $21.3M | $9.3M | $6.8M | $3.9M | $9.4M |
| Accounts Receivable | $104.2M | $96.6M | $112.7M | $95.9M | $81.2M | $76.2M | $64.7M | $60.8M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $162.3M | $135.0M | $172.8M | $142.1M | $123.5M | $108.3M | $108.4M | $91.1M |
| Property, Plant & Equipment | $464.1M | $465.5M | $454.0M | $382.5M | $329.6M | $279.0M | $322.3M | $324.0M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.5M |
| Intangible Assets (Excl. Goodwill) | $0 | $0 | $169.0K | $235.0K | $326.0K | $553.0K | $871.0K | — |
| Total Assets | $649.7M | $620.5M | $646.7M | $539.3M | $466.4M | $400.2M | $439.8M | $441.2M |
| Liabilities | ||||||||
| Accounts Payable | $11.9M | $13.0M | $12.3M | $9.6M | $8.3M | $10.0M | $8.8M | $6.9M |
| Total Current Liabilities | $81.2M | $87.8M | $126.2M | $101.2M | $109.4M | $128.3M | $150.5M | $121.9M |
| Long-Term Debt | $164.5M | $168.7M | $196.1M | $159.5M | $169.5M | $95.2M | $128.2M | $141.9M |
| Total Liabilities | $354.5M | $384.1M | $444.6M | $370.1M | $366.1M | $305.6M | $352.8M | $340.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $157.5M | $102.0M | $83.0M | $40.9M | $23.1M | $17.8M | $11.7M | $26.0M |
| Total Stockholders' Equity | $295.2M | $236.4M | $202.2M | $169.2M | $100.4M | $94.7M | $87.1M | $100.7M |