Covenant Logistics Group, Inc. Strategic Asset Allocation Index
Covenant Logistics Group, Inc. 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 CVLG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
SAAI
Strategic Assets
PP&E
Net Assets
Strategic Asset Allocation Index of Covenant Logistics Group, Inc. (2016–2024)
Strategic asset allocation index of Covenant Logistics Group, Inc. from 2016 to 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.
Covenant Logistics Group, Inc. Strategic Asset Allocation Index by Year (2016–2024)
Covenant Logistics Group, Inc. strategic asset allocation index by year from 2016 to 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 live market cap and overall valuation, see CVLG stock market capitalisation.
| 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 | — |