Covenant Logistics Group, Inc. Long-term Investment Intensity
Covenant Logistics Group, Inc. long-term investment intensity. Covenant Logistics Group, Inc. (CVLG) has a Long-term Investment Intensity of 7.8% as of December 2024. Long-term investments of $77.41 Million represent 7.8% of total assets of $997.57 Million. A higher ratio indicates a company with significant capital committed to long-duration strategic positions. See how liquid is Covenant Logistics Group, Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.
LT Investment Intensity
Long-term Investments
Total Assets
Country
Long-term Investment Intensity of Covenant Logistics Group, Inc. (2016–2024)
Long-term investment intensity of Covenant Logistics Group, Inc. from 2016 to 2024. This chart shows how Covenant Logistics Group, Inc.'s Long-term Investment Intensity has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the intensity stands at 7.8%, reflecting long-term investments of $77.41 Million against total assets of $997.57 Million USD. See Covenant Logistics Group, Inc. (CVLG) liquidity interval to measure how many days the company can operate on defensive assets alone.
Covenant Logistics Group, Inc. Long-term Investment Intensity by Year (2016–2024)
Covenant Logistics Group, Inc. long-term investment intensity by year from 2016 to 2024. The table below presents the year-by-year Long-term Investment Intensity for Covenant Logistics Group, Inc. from 2016 to 2024, covering 9 annual filings. Each row shows total assets, long-term investments, the intensity percentage, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see CVLG asset base.
| Year | LT Investment Intensity | LT Investments (USD) | Total Assets | Change (pp) |
|---|---|---|---|---|
| 2024 | 7.8% | $77.41 Million | $997.57 Million | ▲ +0.8 pp |
| 2023 | 6.9% | $66.33 Million | $954.44 Million | ▲ +0.1 pp |
| 2022 | 6.9% | $54.73 Million | $796.64 Million | ▲ +0.1 pp |
| 2021 | 6.8% | $44.20 Million | $651.66 Million | ▲ +1.7 pp |
| 2020 | 5.1% | $34.37 Million | $676.72 Million | ▲ +1.5 pp |
| 2019 | 3.6% | $31.91 Million | $881.85 Million | ▲ +0.2 pp |
| 2018 | 3.4% | $26.11 Million | $773.52 Million | ▲ +0.3 pp |
| 2017 | 3.1% | $20.14 Million | $649.67 Million | ▲ +0.1 pp |
| 2016 | 3.0% | $18.53 Million | $619.79 Million | — |