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. (CVLG) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check Covenant Logistics Group, Inc. cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Aba Chemicals Corp
SHE:300261
|
0.010x |
|
Guangan
SHG:600979
|
0.038x |
|
Shenzhen Chengtian Weiye Technology Co Ltd
SHE:300689
|
0.008x |
|
BENZ Mining Corp
AU:BNZ
|
-0.420x |
|
Esperion Therapeutics Inc
NASDAQ:ESPR
|
0.009x |
|
Huayi Brothers Media Corp
SHE:300027
|
0.016x |
|
Changzhou Tronly New Electronic Materials Co Ltd
SHE:300429
|
0.043x |
|
Wuhan Xianglong Power Industry Co Ltd
SHG:600769
|
0.175x |
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. (CVLG) market capitalisation.
| 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