Covenant Logistics Group

NasdaqGS:CVLG Stock Report

Mkt Cap: US$511.3m

Covenant Logistics Group Financial Health

How is Covenant Logistics Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CVLG's short term assets ($213.3M) exceed its short term liabilities ($160.8M).

Long Term Liabilities: CVLG's short term assets ($213.3M) do not cover its long term liabilities ($215.8M).


Debt to Equity History and Analysis

Debt Level: CVLG's net debt to equity ratio (6.9%) is considered satisfactory.

Reducing Debt: CVLG's debt to equity ratio has reduced from 79.3% to 22.5% over the past 5 years.

Debt Coverage: CVLG's debt is well covered by operating cash flow (147.7%).

Interest Coverage: CVLG's interest payments on its debt are well covered by EBIT (30.9x coverage).


Balance Sheet


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