Covenant Logistics Group, Inc. Financial Ratios — CVLG Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	-15.2	6.67	5.38	13.21	22.67	7.68	20.86	13.32	2.45	-13.33	18.97	29.91	14.15	8.53	1.72
Return on Assets (%)	-3.27	1.44	1.21	3.54	7.1	2.66	8.73	5.97	1.02	-5.48	9.14	15.01	6.31	3.68	0.71
Return on Capital (%)	- -	4	3.09	6.68	11.5	3.7	- -	7.8	1.32	- -	15.2	22.64	9.77	6.48	2.27
Return on Invested Capital (%)	- -	3.72	2.74	6.13	10.82	4.43	- -	7.51	0.77	- -	11.37	12.48	5.6	5	2.19
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	15.98	11.85	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	14.94	9.9	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	6.33	0.8	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	3.13	-977.77	0.26	- -	- -	- -	- -	- -
Pretax Margin (%)	- -	- -	- -	- -	- -	- -	- -	6.34	0.85	- -	- -	- -	- -	- -	- -
Profit Margin (%)	- -	- -	- -	- -	- -	- -	- -	4.83	0.96	- -	- -	- -	- -	- -	- -
Net Income to Common Margin (%)	- -	- -	- -	- -	- -	- -	- -	4.83	0.96	- -	- -	- -	- -	- -	- -
Effective Tax Rate (%)	- -	51.09	58.86	45.34	34.15	38.15	- -	26.78	31.04	- -	26.48	24.41	24.38	23.04	21.12
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.97	10.58	16.41	162.4
Sustainable Growth Rate (%)	-15.2	6.67	5.38	13.21	22.67	7.68	20.86	13.32	2.45	-13.33	18.97	28.72	12.65	7.13	-1.07

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	248	183	238	202	255	216	214	238	349	112	74	180	293	297	339
ST Debt	104	74	56	29	48	28	28	36	82	31	28	42	60	75	77
LT Debt	144	109	183	173	207	188	186	202	267	80	46	137	233	222	262
Total Debt/EBITDA	3.91	2.57	3.68	2.28	1.96	2.08	2.13	1.81	3.98	1.59	0.63	1.3	2.53	2.23	2.99
Net Debt/EBITDA	3.57	2.25	3.2	1.87	1.82	1.79	1.73	1.32	2.41	0.69	0.15	0.29	2.09	1.62	2.59
Total Debt/EBIT	23.71	7.89	11.69	5.1	3.76	6.66	7.59	4.27	48.99	23.07	1.17	2.24	6.35	6.4	16.55
Net Debt/EBIT	21.62	6.91	10.16	4.19	3.48	5.73	6.17	3.12	29.72	9.98	0.28	0.51	5.24	4.65	14.32
EBITDA to Interest Expense	3.92	5.62	6.24	8.21	15.37	- -	- -	- -	- -	10.28	42.01	44.72	14.58	9.79	9.39
EBITDA-CapEx/Interest Expense	-3.17	2.33	-6.83	-6.94	-6.18	- -	- -	- -	- -	-3.47	29.37	12.13	-12.73	-1.48	-2.85
EBIT to Interest Expense	0.65	1.83	1.96	3.67	8.03	- -	- -	- -	- -	0.71	22.7	26.07	5.8	3.42	1.7
Interest Expense	16	13	10	11	8	- -	- -	- -	- -	7	3	3	8	14	12
Common Equity/Total Assets	19.79	23.65	21.52	31.37	31.26	38.1	45.44	44.36	39.71	42.95	53.66	47.34	42.27	43.94	38.64
Long-Term Debt/Equity (%)	165.75	115.36	182.02	102.19	102.2	79.71	63.09	58.8	76.28	27.57	13.12	36.39	57.78	50.55	64.77
Long-Term Debt/Capital (%)	43.01	39.3	53.93	46.54	45.22	41.65	36.59	34.74	38.21	19.92	10.82	24.65	33.45	30.14	35.23
Long-Term Debt/Total Assets (%)	32.81	27.29	39.17	32.06	31.95	30.37	28.67	26.08	30.29	11.84	7.04	17.23	24.42	22.21	25.03
Total Debt/Equity (%)	285.42	193.51	237.54	119.58	126	91.37	72.43	69.27	99.61	38.39	21.23	47.63	72.74	67.73	83.84
Total Debt/Capital (%)	74.05	65.93	70.37	54.46	55.75	47.75	42	40.92	49.9	27.74	17.51	32.26	42.11	40.38	45.6
Total Debt/Total Assets (%)	56.49	45.77	51.11	37.52	39.39	34.81	32.91	30.73	39.56	16.49	11.39	22.55	30.75	29.76	32.39
Net Debt to Equity	260.17	169.28	206.47	98.12	116.57	78.7	58.84	50.73	60.43	16.61	5.05	10.77	60.05	49.2	72.55
Net Debt/Capital (%)	68.3	59.13	62.89	47.41	52.09	41.84	35.19	31.21	32.28	12.26	4.25	8.32	34.88	30.83	39.73
EBITDA	63	71	65	89	130	104	101	132	88	70	117	138	116	133	113
EBITDA-CapEx	-51	30	-71	-75	-52	-9	-10	56	-51	-24	82	37	-101	-20	-34
Operating Income (Loss)	10	23	20	40	68	32	28	56	7	5	63	80	46	46	20

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.03	0.05	0.08	0.21	0.04	0.09	0.19	0.18	0.27	0.06	0.06	0.44	0.01	0.2	0.02
Current Ratio	0.72	0.84	1.13	1.4	1.37	1.54	2	1.66	1.58	1.11	1.32	1.43	1.09	1.18	1.11
Quick Ratio	0.5	0.68	0.88	1.23	1.07	1.34	1.8	1.51	0.86	0.88	1.19	1.26	0.92	1.04	0.85
CFO/Avg Current Liab	0.24	0.4	0.34	0.7	0.75	0.96	0.98	1.2	0.44	0.43	0.53	1.07	0.52	0.7	0.58
Common Equity/Total Assets	19.79	23.65	21.52	31.37	31.26	38.1	45.44	44.36	39.71	42.95	53.66	47.34	42.27	43.94	38.64
Long-Term Debt/Equity (%)	165.75	115.36	182.02	102.19	102.2	79.71	63.09	58.8	76.28	27.57	13.12	36.39	57.78	50.55	64.77
Long-Term Debt/Capital (%)	43.01	39.3	53.93	46.54	45.22	41.65	36.59	34.74	38.21	19.92	10.82	24.65	33.45	30.14	35.23
Long-Term Debt/Total Assets (%)	32.81	27.29	39.17	32.06	31.95	30.37	28.67	26.08	30.29	11.84	7.04	17.23	24.42	22.21	25.03
Total Debt/Equity (%)	285.42	193.51	237.54	119.58	126	91.37	72.43	69.27	99.61	38.39	21.23	47.63	72.74	67.73	83.84
Total Debt/Capital (%)	74.05	65.93	70.37	54.46	55.75	47.75	42	40.92	49.9	27.74	17.51	32.26	42.11	40.38	45.6
Total Debt/Total Assets (%)	56.49	45.77	51.11	37.52	39.39	34.81	32.91	30.73	39.56	16.49	11.39	22.55	30.75	29.76	32.39
CFO/Total Liabilities	9.09	18.03	11.05	19.93	19.23	26.67	23.37	29	12.05	16.33	24.25	37.96	15.4	21.98	17.71
CFO/CapEx	0.28	1.32	0.3	0.45	0.47	0.91	0.75	1.66	0.46	0.67	2.08	1.58	0.39	0.8	0.77
Altman's Z-Score	0.08	0.35	0.45	1.24	1.07	1.05	1.52	2.56	1.89	0.83	1.86	1.84	1.56	1.48	1.08

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	6.9	7.62	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	52.91	47.88	- -	- -	- -	- -	- -	- -
Inventory Turnover	126.12	127.93	129.83	132.9	141.18	143.64	149.07	178.26	188.59	198.94	279.02	301.47	224.62	179.46	165.89
Days Inventory Outstanding	2.89	2.85	2.81	2.75	2.59	2.54	2.45	2.05	1.94	1.83	1.31	1.21	1.62	2.03	2.2
Accounts Payable Turnover	73.27	62.38	65.57	67.51	54.16	45.32	49.21	43.56	37.53	28.44	29.18	32.32	28.06	28.96	25.71
Accounts Payable Turnover Days	4.98	5.85	5.57	5.41	6.74	8.05	7.42	8.38	9.73	12.84	12.51	11.29	13.01	12.6	14.2
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	46.58	40.09	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	50.86	45.95	- -	- -	- -	- -	- -	- -
Inventories	5	5	5	4	4	4	4	4	4	3	3	4	5	6	6
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	5	5	5	4	4	4	4	4	4	3	3	4	5	6	6

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	44	82	123	491	342	353	526	353	240	254	443	469	602	722	553
- Cash & Cash Equivalents	4	7	9	21	4	8	15	23	44	8	8	69	2	36	5
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	248	183	238	202	255	216	214	238	349	112	74	180	293	297	339
Enterprise Value	288	258	352	672	592	561	725	567	545	357	509	580	893	983	886
Total Capital	336	278	339	372	457	452	509	581	699	402	424	557	697	735	743
Total Debt/Capital (%)	74.05	65.93	70.37	54.46	55.75	47.75	42	40.92	49.9	27.74	17.51	32.26	42.11	40.38	45.6
Total Debt / EV	0.86	0.71	0.68	0.3	0.43	0.38	0.29	0.42	0.64	0.31	0.15	0.31	0.33	0.3	0.38
EV/Sales	- -	- -	- -	- -	- -	- -	- -	0.64	0.62	- -	- -	- -	- -	- -	- -
EV/EBITDA	4.54	3.62	5.42	7.57	4.56	5.39	7.21	4.31	6.22	5.08	4.34	4.2	7.69	7.39	7.83
EV/EBIT	27.53	11.12	17.24	16.94	8.74	17.3	25.75	10.18	76.52	73.81	8.03	7.21	19.31	21.19	43.3
EV/Cash Flow to Firm	6.25	4.21	7.86	8.43	6.51	5.48	8.75	4.54	8.51	5.19	6.76	3.59	9.83	7.37	7.2
EV/Free Cash Flow to Firm	1.79	2.5	1.95	2.76	2.17	2.61	3.74	2.84	2.69	2.19	4.6	2.21	2.89	3.43	3.27
Diluted Market Cap	44	82	124	421	346	353	528	355	241	257	450	537	637	755	593
Diluted Enterprise Value	288	258	353	602	596	562	726	569	546	360	516	648	928	1,017	927
EV per Share	9.8	8.74	11.79	18.56	16.34	15.38	19.77	15.44	14.71	10.42	15.18	21.38	34.16	37.12	35.35
TTM Sales	- -	- -	- -	- -	- -	- -	- -	880	885	- -	- -	- -	- -	- -	- -
TTM EBITDA	63	71	65	89	130	104	101	132	88	70	117	138	116	133	113
TTM Operating Income	10	23	20	40	68	32	28	56	7	5	63	80	46	46	20
TTM Cash Flow to Firm	46	61	45	80	91	102	83	125	64	69	75	162	91	133	123
TTM Free Cash Flow to Firm	161	103	181	243	273	215	194	200	202	163	111	262	308	286	271

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	0.3	0.85	0.7	1.77	1.29	1.64	2.72	1.77	1.19	1.64	4.15	2.07	2.11	2.74	2.27
EV/EBIT	27.53	11.12	17.24	16.94	8.74	17.3	25.75	10.18	76.52	73.81	8.03	7.21	19.31	21.19	43.3
Enterprise Value	288	258	352	672	592	561	725	567	545	357	509	580	893	983	886
Low Price	1.17	1.42	2.42	3.92	8.42	6.8	7.93	9.06	6.27	3.27	7.04	8.62	14.67	21.5	17.46
EV/Sales	- -	- -	- -	- -	- -	- -	- -	0.64	0.62	- -	- -	- -	- -	- -	- -
EV/EBITDA	4.54	3.62	5.42	7.57	4.56	5.39	7.21	4.31	6.22	5.08	4.34	4.2	7.69	7.39	7.83
Price/Earnings	- -	13.47	23.26	23.22	8.14	20.89	9.47	8.28	28.14	- -	7.31	4.77	10.88	19.96	78.09
Price/Earnings Average	-6.78	9.99	17.53	12.25	11.18	21.68	7.23	12.11	37.67	-5.78	6.2	3.79	9.72	18.43	81.63
Price/Earnings High	-10.3	14.58	23.48	24.92	15.87	27.84	10.1	15.18	54.32	-8.41	9.61	5.57	13.6	22.53	104.41
Price/Earnings Low	-2.41	6.9	13.69	6.71	7.26	14.69	5.23	7.82	27.27	-2.66	3.9	2.38	6.93	15.75	61.86
Price/Book Value	0.5	0.86	1.22	2.9	1.69	1.49	1.78	1.03	0.68	0.87	1.27	1.24	1.49	1.65	1.37
Price/Book Value Average	1.11	0.64	0.92	1.53	2.32	1.55	1.36	1.5	0.92	0.84	1.07	0.99	1.33	1.52	1.43
Price/Book Value High	1.69	0.94	1.23	3.11	3.3	1.99	1.9	1.88	1.32	1.22	1.67	1.45	1.87	1.86	1.83
Price/Book Value Low	0.4	0.44	0.72	0.84	1.51	1.05	0.98	0.97	0.66	0.39	0.68	0.62	0.95	1.3	1.08
Price/Tangible Book Value	0.51	0.87	1.23	2.9	1.69	1.49	1.78	1.31	0.86	1.13	1.55	1.73	2.64	2.68	2.54
Price/Tangible Book Value Average	1.13	0.64	0.92	1.53	2.33	1.55	1.36	1.92	1.15	1.09	1.31	1.38	2.36	2.47	2.65
Price/Tangible Book Value High	1.71	0.94	1.24	3.12	3.3	1.99	1.9	2.4	1.66	1.59	2.03	2.02	3.3	3.03	3.39
Price/Tangible Book Value Low	0.4	0.45	0.72	0.84	1.51	1.05	0.98	1.24	0.84	0.5	0.82	0.86	1.68	2.11	2.01
Price/Sales	- -	- -	- -	- -	- -	- -	- -	0.4	0.27	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	0.58	0.36	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	0.73	0.52	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	0.38	0.26	- -	- -	- -	- -	- -	- -
Price/Cash Flow	1.37	1.48	3.02	5.61	4.01	3.43	6.34	2.82	3.73	4.08	6.07	3.26	7.08	5.83	4.97
Price/Cash Flow Average	3.02	1.1	2.27	2.96	5.5	3.56	4.84	4.12	4.99	3.92	5.14	2.59	6.33	5.39	5.2
Price/Cash Flow High	4.58	1.61	3.04	6.02	7.82	4.58	6.76	5.17	7.19	5.7	7.97	3.8	8.85	6.59	6.65
Price/Cash Flow Low	1.07	0.76	1.78	1.62	3.57	2.41	3.5	2.66	3.61	1.8	3.23	1.62	4.51	4.6	3.94
Price/Free Cash Flow Average	0.66	0.63	0.53	0.93	1.78	1.7	2.08	2.59	1.6	1.57	3.51	1.64	1.88	2.53	2.37
Price/Free Cash Flow High	1	0.92	0.71	1.9	2.52	2.19	2.9	3.25	2.3	2.29	5.45	2.41	2.63	3.09	3.04
Price/Free Cash Flow Low	0.23	0.43	0.41	0.51	1.15	1.15	1.5	1.67	1.16	0.72	2.21	1.03	1.34	2.16	1.8
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	0.83	0.71	- -	- -	- -	- -	- -	- -
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	0.98	0.87	- -	- -	- -	- -	- -	- -
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	0.62	0.61	- -	- -	- -	- -	- -	- -
EV/EBITDA Average	5.38	3.32	4.96	4.96	5.55	5.52	5.97	5.55	7.14	4.93	3.76	3.51	7.14	6.98	8.05
EV/EBITDA High	6.17	3.71	5.44	7.98	7.07	6.52	7.55	6.54	8.76	6.51	5.53	4.77	8.98	8.09	9.48
EV/EBITDA Low	4.4	3.06	4.65	3.64	4.28	4.39	4.86	4.16	6.13	3.06	2.58	2.5	5.81	6.25	6.82
EV/EBIT Average	32.6	10.21	15.77	11.09	10.63	17.71	21.33	13.1	87.92	71.75	6.97	6.01	17.93	20	44.53
EV/EBIT High	37.39	11.41	17.3	17.85	13.54	20.92	26.98	15.45	107.83	94.68	10.23	8.19	22.57	23.19	52.4
EV/EBIT Low	26.63	9.4	14.77	8.14	8.19	14.07	17.37	9.82	75.48	44.51	4.77	4.29	14.59	17.9	37.69
Last Price	1.49	2.77	4.11	13.56	9.44	9.67	14.36	9.6	6.47	7.4	13.22	17.28	23.02	27.26	22.04
High Price	5	3	4.15	14.55	18.41	12.89	15.31	17.59	12.49	10.35	17.38	20.18	28.78	30.77	29.47
Enterprise Value Average	342	237	322	440	720	575	601	730	626	347	441	483	829	928	911
Enterprise Value High	392	265	353	708	918	679	760	861	768	458	648	658	1,044	1,076	1,073
Enterprise Value Low	279	218	301	323	555	456	489	547	537	215	302	345	675	830	771

Shares Outstanding	29	30	30	36	36	36	37	37	37	34	34	27	26	26	25
Diluted Weighted Avg Shares	29	30	30	31	37	37	37	37	37	35	34	31	28	28	27
Basic Weighted Avg Shares	29	29	30	30	36	36	37	37	37	35	34	30	26	26	26
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	24	24.01	- -	- -	- -	- -	- -	- -
EBITDA per Share	2.16	2.42	2.19	2.91	3.58	2.86	2.75	3.59	2.38	2.03	3.49	4.59	4.45	5.05	4.41
Operating Income per Share	0.36	0.79	0.69	1.3	1.87	0.89	0.77	1.52	0.19	0.14	1.89	2.68	1.77	1.76	0.8
Basic EPS, GAAP	-0.49	0.21	0.18	0.58	1.16	0.46	1.52	1.16	0.23	-1.23	1.81	3.62	2.12	1.37	0.28
Basic EPS from Cont Ops	-0.49	0.21	0.18	0.58	1.16	0.46	1.52	1.11	0.14	-0.41	1.73	3.6	2.09	1.34	0.17
Diluted EPS, GAAP	-0.49	0.2	0.17	0.57	1.15	0.46	1.51	1.15	0.23	-1.23	1.78	3.5	2	1.3	0.27
Diluted EPS from Cont Ops	-0.49	0.2	0.17	0.57	1.15	0.46	1.51	1.11	0.14	-0.41	1.71	3.48	1.97	1.27	0.16
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.14	0.22	0.22	0.28
Cash Flow per Share	1.09	1.87	1.36	2.42	2.36	2.82	2.27	3.4	1.74	1.82	2.18	5.31	3.25	4.67	4.43
Free Cash Flow per Basic Share	-2.82	0.45	-3.22	-2.95	-2.66	-0.29	-0.76	1.35	-2.01	-0.89	1.13	1.96	-5.09	-1.14	-1.32
Cash & Equivalents per Share	0.13	0.23	0.31	0.59	0.12	0.21	0.42	0.63	1.18	0.25	0.25	2.53	0.09	1.35	0.2
Book Value per Share	2.96	3.21	3.37	4.68	5.58	6.48	8.05	9.34	9.45	8.48	10.43	13.91	15.43	16.56	16.11
Tangible Book Value per Share	2.93	3.19	3.35	4.67	5.57	6.48	8.05	7.32	7.51	6.53	8.55	9.98	8.72	10.17	8.69

Covenant Logistics Group, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)