Covenant Logistics Group, Inc. (CVLG) — Cash Flow-to-Debt Ratio
Covenant Logistics Group, Inc. (CVLG) has a Cash Flow-to-Debt Ratio of 0.07x as of September 2025, meaning its operating cash flow of $41.36 Million could theoretically repay 0% of its total liabilities ($601.89 Million) in one year. See Covenant Logistics Group, Inc. leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Covenant Logistics Group, Inc. Cash Flow-to-Debt Ratio (1994–2024)
Historical debt coverage capacity for Covenant Logistics Group, Inc. across 31 annual periods. For the full cash flow conversion analysis, see CVLG operating cash flow.
Annual Cash Flow-to-Debt Ratio for Covenant Logistics Group, Inc. (1994–2024)
Year-by-year debt coverage analysis for Covenant Logistics Group, Inc.. Check Covenant Logistics Group, Inc. (CVLG) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.22x | $122.89 Million | $559.23 Million | ▲ +42.7% |
| 2023 | 0.15x | $84.84 Million | $551.02 Million | ▼ -59.4% |
| 2022 | 0.38x | $159.23 Million | $419.52 Million | ▲ +56.5% |
| 2021 | 0.24x | $73.22 Million | $301.96 Million | ▲ +48.5% |
| 2020 | 0.16x | $63.04 Million | $386.07 Million | ▲ +35.6% |
| 2019 | 0.12x | $64.03 Million | $531.74 Million | ▼ -58.5% |
| 2018 | 0.29x | $124.80 Million | $430.38 Million | ▲ +24.1% |
| 2017 | 0.23x | $82.85 Million | $354.47 Million | ▼ -12.5% |
| 2016 | 0.27x | $102.43 Million | $383.38 Million | ▲ +38.8% |
| 2015 | 0.19x | $85.48 Million | $444.17 Million | ▲ +0.3% |
| 2014 | 0.19x | $73.74 Million | $384.51 Million | ▲ +75.2% |
| 2013 | 0.11x | $40.45 Million | $369.38 Million | ▼ -39.3% |
| 2012 | 0.18x | $55.10 Million | $305.56 Million | ▲ +98.4% |
| 2011 | 0.09x | $32.06 Million | $352.77 Million | ▼ -57.4% |
| 2010 | 0.21x | $70.84 Million | $331.67 Million | ▲ +109.9% |
| 2009 | 0.10x | $30.90 Million | $303.64 Million | ▼ -30.6% |
| 2008 | 0.15x | $40.31 Million | $274.86 Million | ▲ +16.3% |
| 2007 | 0.13x | $33.72 Million | $267.53 Million | ▼ -40.5% |
| 2006 | 0.21x | $60.66 Million | $286.25 Million | ▲ +50.4% |
| 2005 | 0.14x | $25.57 Million | $181.54 Million | ▼ -47.5% |
| 2004 | 0.27x | $44.11 Million | $164.33 Million | ▼ -8.8% |
| 2003 | 0.29x | $47.72 Million | $162.14 Million | ▼ -18.5% |
| 2002 | 0.36x | $67.17 Million | $185.95 Million | ▼ -8.0% |
| 2001 | 0.39x | $73.76 Million | $187.88 Million | ▲ +79.7% |
| 2000 | 0.22x | $48.66 Million | $222.69 Million | ▲ +8.1% |
| 1999 | 0.20x | $44.48 Million | $220.12 Million | ▼ -33.4% |
| 1998 | 0.30x | $39.90 Million | $131.44 Million | ▼ -19.7% |
| 1997 | 0.38x | $45.25 Million | $119.66 Million | ▲ +1.9% |
| 1996 | 0.37x | $39.13 Million | $105.42 Million | ▲ +100.3% |
| 1995 | 0.19x | $9.10 Million | $49.10 Million | ▼ -40.9% |
| 1994 | 0.31x | $15.40 Million | $49.10 Million | — |