Covenant Logistics Group, Inc. (CVLG) — Strategic Asset Allocation Index
Covenant Logistics Group, Inc. (CVLG) has a Strategic Asset Allocation Index of 17.7% as of December 2024. Strategic assets (PP&E of $- plus long-term investments of $77.41 Million) total $77.41 Million, measured against net assets of $438.34 Million. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. Check Covenant Logistics Group, Inc. liquidity resilience to evaluate the company's liquid asset resilience ratio.
SAAI
Strategic Assets
PP&E
Net Assets
Covenant Logistics Group, Inc. Strategic Asset Allocation Index (2016–2024)
This chart shows how Covenant Logistics Group, Inc.'s Strategic Asset Allocation Index has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the index stands at 17.7%, representing strategic assets of $77.41 Million against net assets of $438.34 Million USD. See Covenant Logistics Group, Inc. free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Annual Strategic Asset Allocation Index for Covenant Logistics Group, Inc. (2016–2024)
The table below presents the year-by-year Strategic Asset Allocation Index for Covenant Logistics Group, Inc. from 2016 to 2024, covering 9 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. For the full company profile including market capitalisation, see Covenant Logistics Group, Inc. stock valuation.
| Year | SAAI | Strategic Assets (USD) | PP&E | LT Investments | Net Assets | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 17.7% | $77.41 Million | $- | $77.41 Million | $438.34 Million | ▲ +1.2 pp |
| 2023 | 16.4% | $66.33 Million | $- | $66.33 Million | $403.42 Million | ▼ -106.2 pp |
| 2022 | 122.6% | $462.46 Million | $407.74 Million | $54.73 Million | $377.13 Million | ▲ +10.9 pp |
| 2021 | 111.7% | $390.68 Million | $346.48 Million | $44.20 Million | $349.70 Million | ▼ -34.8 pp |
| 2020 | 146.5% | $425.82 Million | $391.45 Million | $34.37 Million | $290.64 Million | ▼ -10.3 pp |
| 2019 | 156.8% | $549.11 Million | $517.20 Million | $31.91 Million | $350.11 Million | ▲ +17.9 pp |
| 2018 | 138.9% | $476.70 Million | $450.60 Million | $26.11 Million | $343.14 Million | ▼ -25.1 pp |
| 2017 | 164.0% | $484.22 Million | $464.07 Million | $20.14 Million | $295.20 Million | ▼ -40.7 pp |
| 2016 | 204.7% | $484.00 Million | $465.47 Million | $18.53 Million | $236.41 Million | — |