Covenant Logistics Group, Inc.
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
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
Total Assets
Resilience Assessment
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. | ||||