Covenant Logistics Group, Inc. (CVLG) — Financial Flexibility Index

Latest as of September 2025: 0.15x

Covenant Logistics Group, Inc. (CVLG) has a Financial Flexibility Index of 0.15x as of September 2025. Free cash flow of $90.54 Million (operating CF $41.36 Million minus capex $49.18 Million) represents 0% of total liabilities ($601.89 Million). Check Covenant Logistics Group, Inc. (CVLG) strategic asset index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.15x
Free Cash Flow / Total Liabilities

Free Cash Flow

$90.54 Million
Operating CF − Capex

Total Liabilities

$601.89 Million
USD

Capital Expenditures

$49.18 Million
USD

Covenant Logistics Group, Inc. Financial Flexibility Index (1994–2024)

Historical Financial Flexibility Index trend for Covenant Logistics Group, Inc. across 31 annual periods. See Covenant Logistics Group, Inc. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Covenant Logistics Group, Inc. (1994–2024)

Year-by-year free cash flow to debt coverage for Covenant Logistics Group, Inc.. For the full company profile including market capitalisation, see Covenant Logistics Group, Inc. market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 0.49x $275.86 Million $122.89 Million $559.23 Million ▼ -10.1%
2023 0.55x $302.45 Million $84.84 Million $551.02 Million ▼ -11.3%
2022 0.62x $259.70 Million $159.23 Million $419.52 Million ▲ +72.3%
2021 0.36x $108.50 Million $73.22 Million $301.96 Million ▼ -11.7%
2020 0.41x $157.09 Million $63.04 Million $386.07 Million ▲ +6.9%
2019 0.38x $202.30 Million $64.03 Million $531.74 Million ▼ -18.1%
2018 0.46x $199.94 Million $124.80 Million $430.38 Million ▼ -15.0%
2017 0.55x $193.66 Million $82.85 Million $354.47 Million ▼ -2.7%
2016 0.56x $215.22 Million $102.43 Million $383.38 Million ▼ -6.8%
2015 0.60x $267.44 Million $85.48 Million $444.17 Million ▼ -2.5%
2014 0.62x $237.42 Million $73.74 Million $384.51 Million ▲ +29.3%
2013 0.48x $176.34 Million $40.45 Million $369.38 Million ▲ +50.6%
2012 0.32x $96.89 Million $55.10 Million $305.56 Million ▼ -23.8%
2011 0.42x $146.86 Million $32.06 Million $352.77 Million ▼ -33.7%
2010 0.63x $208.19 Million $70.84 Million $331.67 Million ▲ +32.4%
2009 0.47x $143.96 Million $30.90 Million $303.64 Million ▲ +0.8%
2008 0.47x $129.33 Million $40.31 Million $274.86 Million ▲ +28.5%
2007 0.37x $97.98 Million $33.72 Million $267.53 Million ▼ -53.1%
2006 0.78x $223.41 Million $60.66 Million $286.25 Million ▲ +4.6%
2005 0.75x $135.49 Million $25.57 Million $181.54 Million ▼ -2.5%
2004 0.77x $125.73 Million $44.11 Million $164.33 Million ▼ -12.7%
2003 0.88x $142.08 Million $47.72 Million $162.14 Million ▲ +18.2%
2002 0.74x $137.89 Million $67.17 Million $185.95 Million ▲ +7.8%
2001 0.69x $129.23 Million $73.76 Million $187.88 Million ▲ +27.6%
2000 0.54x $120.09 Million $48.66 Million $222.69 Million ▼ -18.8%
1999 0.66x $146.14 Million $44.48 Million $220.12 Million ▼ -27.5%
1998 0.92x $120.43 Million $39.90 Million $131.44 Million ▲ +9.1%
1997 0.84x $100.52 Million $45.25 Million $119.66 Million ▲ +0.3%
1996 0.84x $88.27 Million $39.13 Million $105.42 Million ▼ -49.6%
1995 1.66x $81.50 Million $9.10 Million $49.10 Million ▲ +18.1%
1994 1.41x $69.00 Million $15.40 Million $49.10 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities