Covenant Logistics Group, Inc. (CVLG) — Defensive Interval Ratio
Covenant Logistics Group, Inc. (CVLG) has a Defensive Interval Ratio of 285 days as of September 2025. Defensive assets of $150.36 Million (cash $-, short-term investments $-, receivables $150.36 Million) cover 285 days of daily cash needs of $527.23K/day. Check CVLG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Covenant Logistics Group, Inc. Defensive Interval Ratio (1994–2024)
This chart shows how Covenant Logistics Group, Inc.'s Defensive Interval Ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 285 days, meaning defensive assets of $150.36 Million can fund 285 days of operations without new revenue. Also explore Covenant Logistics Group, Inc. (CVLG) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Covenant Logistics Group, Inc. (1994–2024)
The table below presents the year-by-year Defensive Interval Ratio for Covenant Logistics Group, Inc. from 1994 to 2024, covering 31 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Covenant Logistics Group, Inc. market cap and net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 306 days | $152.13 Million | $496.65K/day | $- | $- | ▼ -23 days |
| 2023 | 329 days | $153.61 Million | $466.55K/day | $- | $- | ▲ +29 days |
| 2022 | 300 days | $128.41 Million | $427.73K/day | $- | $- | ▼ -112 days |
| 2021 | 413 days | $161.33 Million | $391.08K/day | $- | $- | ▲ +114 days |
| 2020 | 298 days | $109.07 Million | $365.43K/day | $- | $- | ▲ +83 days |
| 2019 | 215 days | $95.12 Million | $441.80K/day | $- | $- | ▼ -269 days |
| 2018 | 484 days | $168.88 Million | $348.85K/day | $- | $- | ▼ -104 days |
| 2017 | 588 days | $130.77 Million | $222.52K/day | $- | $- | ▲ +132 days |
| 2016 | 456 days | $109.65 Million | $240.50K/day | $- | $- | ▲ +81 days |
| 2015 | 375 days | $130.04 Million | $346.50K/day | $- | $- | ▲ +14 days |
| 2014 | 361 days | $103.02 Million | $285.17K/day | $- | $- | ▲ +72 days |
| 2013 | 289 days | $86.74 Million | $299.67K/day | $- | $- | ▲ +61 days |
| 2012 | 228 days | $80.13 Million | $351.48K/day | $- | $- | ▲ +57 days |
| 2011 | 171 days | $70.62 Million | $412.34K/day | $- | $- | ▼ -29 days |
| 2010 | 201 days | $66.98 Million | $333.93K/day | $- | $- | ▼ -8 days |
| 2009 | 209 days | $68.42 Million | $327.87K/day | $- | $- | ▼ -52 days |
| 2008 | 261 days | $78.17 Million | $299.84K/day | $- | $- | ▼ -27 days |
| 2007 | 288 days | $86.71 Million | $301.53K/day | $- | $- | ▲ +12 days |
| 2006 | 276 days | $83.21 Million | $301.95K/day | $- | $- | ▲ +3 days |
| 2005 | 272 days | $85.53 Million | $314.05K/day | $- | $- | ▼ -11 days |
| 2004 | 284 days | $87.22 Million | $307.35K/day | $- | $- | ▲ +19 days |
| 2003 | 265 days | $72.90 Million | $274.84K/day | $- | $- | ▲ +69 days |
| 2002 | 196 days | $68.52 Million | $349.54K/day | $- | $- | ▼ -51 days |
| 2001 | 247 days | $71.27 Million | $288.35K/day | $- | $- | ▼ -98 days |
| 2000 | 345 days | $87.53 Million | $253.89K/day | $- | $- | ▼ -611 days |
| 1999 | 956 days | $84.33 Million | $88.25K/day | $- | $- | ▲ +910 days |
| 1998 | 46 days | $2.48 Million | $54.10K/day | $- | $- | ▼ -803 days |
| 1997 | 848 days | $38.80 Million | $45.73K/day | $- | $- | ▼ -590 days |
| 1996 | 1438 days | $33.19 Million | $23.07K/day | $- | $- | ▲ +1044 days |
| 1995 | 394 days | $17.50 Million | $44.38K/day | $- | $- | ▲ +0 days |
| 1994 | 394 days | $17.50 Million | $44.38K/day | $- | $- | — |