Covenant Logistics Group, Inc. Net Asset Quality Index
Covenant Logistics Group, Inc. net asset quality index. Covenant Logistics Group, Inc. (CVLG) has a Net Asset Quality Index of 41.3% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.03 Billion minus total liabilities of $601.89 Million yields net assets of $423.72 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check earnings quality score of Covenant Logistics Group, Inc. to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Covenant Logistics Group, Inc. (1994–2024)
Net asset quality index of Covenant Logistics Group, Inc. from 1994 to 2024. This chart shows how Covenant Logistics Group, Inc.'s Net Asset Quality Index has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the index stands at 41.3%, representing net assets of $423.72 Million against total assets of $1.03 Billion USD. See shareholders equity of Covenant Logistics Group, Inc. for net asset value and shareholders' equity analysis.
Covenant Logistics Group, Inc. Net Asset Quality Index by Year (1994–2024)
Covenant Logistics Group, Inc. net asset quality index by year from 1994 to 2024. The table below presents the year-by-year Net Asset Quality Index for Covenant Logistics Group, Inc. from 1994 to 2024, covering 31 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see CVLG market cap.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 43.9% | $438.34 Million | $997.57 Million | $559.23 Million | ▲ +1.7 pp |
| 2023 | 42.3% | $403.42 Million | $954.44 Million | $551.02 Million | ▼ -5.1 pp |
| 2022 | 47.3% | $377.13 Million | $796.64 Million | $419.52 Million | ▼ -6.3 pp |
| 2021 | 53.7% | $349.70 Million | $651.66 Million | $301.96 Million | ▲ +10.7 pp |
| 2020 | 42.9% | $290.64 Million | $676.72 Million | $386.07 Million | ▲ +3.2 pp |
| 2019 | 39.7% | $350.11 Million | $881.85 Million | $531.74 Million | ▼ -4.7 pp |
| 2018 | 44.4% | $343.14 Million | $773.52 Million | $430.38 Million | ▼ -1.1 pp |
| 2017 | 45.4% | $295.20 Million | $649.67 Million | $354.47 Million | ▲ +7.3 pp |
| 2016 | 38.1% | $236.41 Million | $619.79 Million | $383.38 Million | ▲ +6.9 pp |
| 2015 | 31.3% | $202.16 Million | $646.33 Million | $444.17 Million | ▲ +0.7 pp |
| 2014 | 30.6% | $169.20 Million | $553.72 Million | $384.51 Million | ▲ +9.2 pp |
| 2013 | 21.4% | $100.36 Million | $469.74 Million | $369.38 Million | ▼ -2.3 pp |
| 2012 | 23.7% | $94.67 Million | $400.23 Million | $305.56 Million | ▲ +3.9 pp |
| 2011 | 19.8% | $87.06 Million | $439.82 Million | $352.77 Million | ▼ -3.5 pp |
| 2010 | 23.3% | $100.70 Million | $432.37 Million | $331.67 Million | ▼ -0.5 pp |
| 2009 | 23.8% | $94.67 Million | $398.31 Million | $303.64 Million | ▼ -6.4 pp |
| 2008 | 30.2% | $118.82 Million | $393.68 Million | $274.86 Million | ▼ -9.0 pp |
| 2007 | 39.2% | $172.27 Million | $439.79 Million | $267.53 Million | ▼ -0.6 pp |
| 2006 | 39.7% | $188.84 Million | $475.09 Million | $286.25 Million | ▼ -11.4 pp |
| 2005 | 51.1% | $189.72 Million | $371.26 Million | $181.54 Million | ▼ -3.3 pp |
| 2004 | 54.4% | $195.70 Million | $360.03 Million | $164.33 Million | ▲ +0.1 pp |
| 2003 | 54.2% | $192.14 Million | $354.28 Million | $162.14 Million | ▲ +5.7 pp |
| 2002 | 48.6% | $175.59 Million | $361.54 Million | $185.95 Million | ▲ +2.3 pp |
| 2001 | 46.3% | $161.90 Million | $349.78 Million | $187.88 Million | ▲ +3.3 pp |
| 2000 | 43.0% | $167.82 Million | $390.51 Million | $222.69 Million | ▲ +0.3 pp |
| 1999 | 42.7% | $163.85 Million | $383.97 Million | $220.12 Million | ▼ -9.2 pp |
| 1998 | 51.8% | $141.52 Million | $272.96 Million | $131.44 Million | ▲ +7.4 pp |
| 1997 | 44.4% | $95.60 Million | $215.26 Million | $119.66 Million | ▲ +0.7 pp |
| 1996 | 43.7% | $81.73 Million | $187.15 Million | $105.42 Million | ▼ -12.7 pp |
| 1995 | 56.4% | $63.50 Million | $112.60 Million | $49.10 Million | ▲ +0.0 pp |
| 1994 | 56.4% | $63.50 Million | $112.60 Million | $49.10 Million | — |