COVENANT TRANSPORTATION GROUP INC company info

CIK 928658
IRS Number 880320154
State of incorporation NV
Business address 400 BIRMINGHAM HIGHWAY
None
CHATTANOOGA
TN
37419
Mail address 400 BIRMINGHAM HIGHWAY
None
CHATTANOOGA
TN
37419

Short summary

COVENANT TRANSPORTATION GROUP INC is a Tennessee company, with head office located at 400 Birmingham Highway Chattanooga, Tennessee 37419. In 2019 the company owned a total of 901.61 million USD worth of assets, including 246.07 million USD worth of current assets. The company amassed the most assets last year, totalling up to 901.61 million USD.

COVENANT TRANSPORTATION GROUP INC Income Statement

Name [in Millions USD]200820092010201120122013201420152016201720182019Trends
Operating Expenses 593.41623.74653.69651.05664.16679.33656.46638.20676.85826.47
Operating Income (Loss) -4.7226.01-1.0623.2120.3939.6567.7832.4528.1658.99
Interest expense 14.18-16.57-16.21-12.70
Other Nonoperating Income (Expense) 0.200.020.120.010.000.01
Income Tax Expense (Benefit) -5.026.18-2.176.347.5014.7721.8210.39-32.1415.51
Net income -25.033.29-14.276.075.2417.8142.0916.8455.4442.50

COVENANT TRANSPORTATION GROUP INC Balance Sheet

Name [in Millions USD]200820092010201120122013201420152016201720182019Trends
Cash and cash equivalents 6.304.302.284.399.0519.3523.778.4318.69122.1528.8239.80
Accounts Receivable, Net, Current 65.5174.1877.8682.1678.3773.3081.76103.05158.37167.44
Deferred income taxes 3.862.975.024.634.454.24
Property, Plant and Equipment, Gross 431.76406.06417.97441.27511.01609.88633.86614.38723.26748.29
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 118.12126.56139.20121.15136.60150.44177.94177.80212.06207.61
Goodwill 11.54000000042.5242.52
Intangible Assets, Net (Excluding Goodwill) 00
Other Assets, Noncurrent 7.3110.1020.5814.6717.0519.8425.9527.1841.1241.99
Total assets 425.01403.88416.47471.89527.51587.68615.92729.83851.53901.61
Current assets 92.52114.27117.12137.09136.05108.40134.05266.07225.61246.07
Accounts payable 7.349.9510.8912.4311.9710.8610.8312.3024.7526.76
Total current liabilities 123.52139.09109.25107.5598.2092.8784.2793.62132.67152.84
Long-term Debt, Excluding Current Maturities 131.9795.31122.81173.85124.67163.52160.78196.04208.85229.72
Deferred income taxes 44.7443.9951.6761.3965.8272.8884.6270.5580.9281.44
Total liabilities 324.60314.64323.29368.84331.50367.89378.75416.28499.84553.17
Retained Earnings (Accumulated Deficit) 26.0215.3617.7525.4662.0993.18103.54172.45211.07207.88
Accumulated Other Comprehensive Income (Loss), Net of Tax 0.48-1.91-0.800.89-9.39-10.40-3.801.54-0.92-1.48

COVENANT TRANSPORTATION GROUP INC Cash Flow

Name [in Millions USD]200820092010201120122013201420152016201720182019Trends
Net income -25.033.29-14.276.075.2417.8142.0916.8455.4442.50
Depreciation and amortization 56.1053.0048.1444.4649.0462.0171.6572.4275.86
Depreciation 55.5052.6047.8044.204961.9071.4072.4074.40
Amortization of Intangible Assets 0.400.300.200.100.100.2001.50
Depreciation and amortization 47.9956.1046.2743.22
Deferred Income Tax Expense (Benefit) -8.6617.42-2.166.748.2214.6820.70-0.92-23.0213.84
Inventories -0.11-0.48-0.13-0.060.17-0.32-0.40-0.020.25-0.17
Net Cash Provided by (Used in) Operating Activities 30.9070.8432.0655.1040.4573.7485.48102.4382.85124.80
Payments to Acquire Property, Plant, and Equipment 113.06137.35114.8041.79135.90163.68181.96112.79110.8075.14
Payments to Acquire Businesses, Net of Cash Acquired 105.95
Net Cash Provided by (Used in) Investing Activities -63.01-82.27-50.7413.15-84.40-84.60-147.68-47.29-62.05-120.90
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -84.60-147.68-47.29
Proceeds from Issuance of Common Stock 62.98
Payments for Repurchase of Common Stock 4.99
Net Cash Provided by (Used in) Financing Activities 38.038.5713.21-65.3046.3722.9245.36-51.88-13.193.87
Cash and Cash Equivalents, Period Increase (Decrease) 5.92-2.86-5.472.952.4212.07-16.843.267.617.77