Covenant Logistics Group, Inc. (CVLG) — Financial Flexibility Index
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 CVLG capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Covenant Logistics Group, Inc. Financial Flexibility Index (1994–2024)
Historical Financial Flexibility Index trend for Covenant Logistics Group, Inc. across 31 annual periods. For the full cash flow conversion analysis, see CVLG cash generation efficiency.
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.. Explore cash flow to debt ratio of Covenant Logistics Group, Inc. to assess how comfortably operating cash covers total debt obligations.
| 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 | — |