Covenant Logistics Group, Inc. (CVLG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Covenant Logistics Group, Inc. (CVLG) has a cash flow conversion efficiency ratio of 0.071x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($28.96 Million) by net assets ($407.60 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Covenant Logistics Group, Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Covenant Logistics Group, Inc. - Cash Flow Conversion Efficiency Trend (1994–2025)
This chart illustrates how Covenant Logistics Group, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Covenant Logistics Group, Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Covenant Logistics Group, Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cangzhou Dahua Co Ltd
SHG:600230
|
0.018x |
|
National Presto Industries Inc
NYSE:NPK
|
0.035x |
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
0.017x |
|
Rayhoo Motor Dies Co Ltd
SHE:002997
|
0.032x |
|
Shanghai Anoky Group
SHE:300067
|
-0.006x |
|
Zhejiang Jingxing Paper Joint Stock Co Ltd
SHE:002067
|
0.019x |
|
Run Long Construction Co Ltd
TW:1808
|
0.308x |
|
Anteris Technologies Global Corp. Common Stock
NASDAQ:AVR
|
-0.103x |
Annual Cash Flow Conversion Efficiency for Covenant Logistics Group, Inc. (1994–2025)
The table below shows the annual cash flow conversion efficiency of Covenant Logistics Group, Inc. from 1994 to 2025. For the full company profile with market capitalisation and key ratios, see Covenant Logistics Group, Inc. market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $404.00 Million | $113.65 Million | 0.281x | +0.34% |
| 2024-12-31 | $438.34 Million | $122.89 Million | 0.280x | +33.31% |
| 2023-12-31 | $403.42 Million | $84.84 Million | 0.210x | -50.19% |
| 2022-12-31 | $377.13 Million | $159.23 Million | 0.422x | +101.66% |
| 2021-12-31 | $349.70 Million | $73.22 Million | 0.209x | -3.47% |
| 2020-12-31 | $290.64 Million | $63.04 Million | 0.217x | +18.60% |
| 2019-12-31 | $350.11 Million | $64.03 Million | 0.183x | -49.71% |
| 2018-12-31 | $343.14 Million | $124.80 Million | 0.364x | +29.58% |
| 2017-12-31 | $295.20 Million | $82.85 Million | 0.281x | -35.22% |
| 2016-12-31 | $236.41 Million | $102.43 Million | 0.433x | +2.47% |
| 2015-12-31 | $202.16 Million | $85.48 Million | 0.423x | -2.99% |
| 2014-12-31 | $169.20 Million | $73.74 Million | 0.436x | +8.15% |
| 2013-12-31 | $100.36 Million | $40.45 Million | 0.403x | -30.76% |
| 2012-12-31 | $94.67 Million | $55.10 Million | 0.582x | +58.03% |
| 2011-12-31 | $87.06 Million | $32.06 Million | 0.368x | -47.65% |
| 2010-12-31 | $100.70 Million | $70.84 Million | 0.703x | +115.55% |
| 2009-12-31 | $94.67 Million | $30.90 Million | 0.326x | -3.80% |
| 2008-12-31 | $118.82 Million | $40.31 Million | 0.339x | +73.30% |
| 2007-12-31 | $172.27 Million | $33.72 Million | 0.196x | -39.06% |
| 2006-12-31 | $188.84 Million | $60.66 Million | 0.321x | +138.32% |
| 2005-12-31 | $189.72 Million | $25.57 Million | 0.135x | -40.20% |
| 2004-12-31 | $195.70 Million | $44.11 Million | 0.225x | -9.23% |
| 2003-12-31 | $192.14 Million | $47.72 Million | 0.248x | -35.08% |
| 2002-12-31 | $175.59 Million | $67.17 Million | 0.383x | -16.04% |
| 2001-12-31 | $161.90 Million | $73.76 Million | 0.456x | +57.13% |
| 2000-12-31 | $167.82 Million | $48.66 Million | 0.290x | +6.80% |
| 1999-12-31 | $163.85 Million | $44.48 Million | 0.271x | -3.71% |
| 1998-12-31 | $141.52 Million | $39.90 Million | 0.282x | -40.43% |
| 1997-12-31 | $95.60 Million | $45.25 Million | 0.473x | -1.13% |
| 1996-12-31 | $81.73 Million | $39.13 Million | 0.479x | +234.05% |
| 1995-12-31 | $63.50 Million | $9.10 Million | 0.143x | -40.91% |
| 1994-12-31 | $63.50 Million | $15.40 Million | 0.243x | -- |
About 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