Covenant Logistics Group, Inc. Cash Flow Quality Index
Covenant Logistics Group, Inc. cash flow quality index. Covenant Logistics Group, Inc. (CVLG) has a Cash Flow Quality Index of 4.55x as of September 2025. Operating cash flow of $41.36 Million exceeds net income of $9.09 Million, indicating high earnings quality where cash backs reported profits. Explore Covenant Logistics Group, Inc. debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Covenant Logistics Group, Inc. (1994–2024)
Cash flow quality index of Covenant Logistics Group, Inc. from 1994 to 2024. Historical Cash Flow Quality Index for Covenant Logistics Group, Inc. across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. See debt-free asset ratio of Covenant Logistics Group, Inc. to measure how much of total assets are equity-financed.
Covenant Logistics Group, Inc. Cash Flow Quality Index by Year (1994–2024)
Covenant Logistics Group, Inc. cash flow quality index by year from 1994 to 2024. Year-by-year earnings quality comparison for Covenant Logistics Group, Inc.. For the full cash flow conversion analysis, see how efficiently does Covenant Logistics Group, Inc. generate cash.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 3.42x | $122.89 Million | $35.92 Million | ▲ +120.3% |
| 2023 | 1.55x | $84.84 Million | $54.63 Million | ▲ +6.0% |
| 2022 | 1.47x | $159.23 Million | $108.68 Million | ▲ +21.5% |
| 2021 | 1.21x | $73.22 Million | $60.73 Million | ▼ -84.0% |
| 2019 | 7.55x | $64.03 Million | $8.48 Million | ▲ +157.2% |
| 2018 | 2.94x | $124.80 Million | $42.50 Million | ▲ +96.5% |
| 2017 | 1.49x | $82.85 Million | $55.44 Million | ▼ -75.4% |
| 2016 | 6.08x | $102.43 Million | $16.84 Million | ▲ +199.6% |
| 2015 | 2.03x | $85.48 Million | $42.09 Million | ▼ -51.0% |
| 2014 | 4.14x | $73.74 Million | $17.81 Million | ▼ -46.3% |
| 2013 | 7.71x | $40.45 Million | $5.24 Million | ▼ -15.1% |
| 2012 | 9.09x | $55.10 Million | $6.07 Million | ▼ -57.8% |
| 2010 | 21.54x | $70.84 Million | $3.29 Million | ▲ +336.8% |
| 2005 | 4.93x | $25.57 Million | $5.19 Million | ▼ -62.3% |
| 2004 | 13.07x | $44.11 Million | $3.38 Million | ▲ +209.1% |
| 2003 | 4.23x | $47.72 Million | $11.29 Million | ▼ -42.3% |
| 2002 | 7.33x | $67.17 Million | $9.16 Million | ▲ +78.9% |
| 2000 | 4.10x | $48.66 Million | $11.88 Million | ▲ +105.2% |
| 1999 | 2.00x | $44.48 Million | $22.28 Million | ▼ -8.5% |
| 1998 | 2.18x | $39.90 Million | $18.28 Million | ▼ -33.9% |
| 1997 | 3.30x | $45.25 Million | $13.70 Million | ▼ -24.2% |
| 1996 | 4.36x | $39.13 Million | $8.98 Million | ▲ +345.4% |
| 1995 | 0.98x | $9.10 Million | $9.30 Million | ▼ -53.6% |
| 1994 | 2.11x | $15.40 Million | $7.30 Million | — |