Covenant Logistics Group, Inc.

NYSE:CVLG USA Trucking
Market Cap
$511.73 Million
Market Cap Rank
#11819 Global
#5200 in USA
Share Price
$25.15
Change (1 day)
+0.68%
52-Week Range
$21.55 - $30.10
All Time High
$30.10
About

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. Th… Read more

Covenant Logistics Group, Inc. - Asset Resilience Ratio

Latest as of December 2024: 18.44%

Covenant Logistics Group, Inc. (CVLG) has an Asset Resilience Ratio of 18.44% as of December 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$184.00 Million
Cash + Short-term Investments
Total Assets
$997.57 Million
All company assets
Resilience Assessment
Good
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Covenant Logistics Group, Inc.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Covenant Logistics Group, Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $184.00 Million 18.44%
Total Liquid Assets $184.00 Million 18.44%

Asset Resilience Insights

  • Good Liquidity Position: Covenant Logistics Group, Inc. maintains a healthy 18.44% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

Covenant Logistics Group, Inc. Industry Peers by Asset Resilience Ratio

Compare Covenant Logistics Group, Inc.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Samil Co.Ltd
KQ:032280
Trucking 0.00%
Kerry TJ Logistics Co Ltd
TW:2608
Trucking 0.46%
Chung Lien Transportation Co Ltd
TWO:5604
Trucking 7.68%
Dazhong Transportation Group Co Ltd A
SHG:600611
Trucking 9.35%
Shanghai Jin Jiang International Industrial Investment Co Ltd A
SHG:600650
Trucking 1.59%
Shanghai Qiangsheng Holding Co Ltd
SHG:600662
Trucking 2.17%
Deppon Logistics Co Ltd
SHG:603056
Trucking 11.24%
Hengtong Logistic Co Ltd
SHG:603223
Trucking 0.38%

Annual Asset Resilience Ratio for Covenant Logistics Group, Inc. (None–None)

The table below shows the annual Asset Resilience Ratio data for Covenant Logistics Group, Inc..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points