Covenant Logistics Group, Inc. (CVLG) - Total Assets
Based on the latest financial reports, Covenant Logistics Group, Inc. (CVLG) holds total assets worth $1.10 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See net assets of Covenant Logistics Group, Inc. for net asset value and shareholders' equity analysis.
Covenant Logistics Group, Inc. - Total Assets Trend (1994–2025)
This chart illustrates how Covenant Logistics Group, Inc.'s total assets have evolved over time, based on quarterly financial data.
Covenant Logistics Group, Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
Covenant Logistics Group, Inc.'s total assets of $1.10 Billion consist of 21.2% current assets and 78.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 27.0% |
| Accounts Receivable | $173.56 Million | 15.8% |
| Inventory | $6.34 Million | 0.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $105.61 Million | 9.6% |
| Goodwill | $80.48 Million | 7.3% |
Asset Composition Trend (1994–2025)
This chart illustrates how Covenant Logistics Group, Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Covenant Logistics Group, Inc..
Key Asset Composition Facts
- Current vs. Non-Current Assets: Covenant Logistics Group, Inc.'s current assets represent 21.2% of total assets in 2025, a decrease from 21.8% in 1994.
- Cash Position: Cash and equivalents constituted 27.0% of total assets in 2025, up from 4.4% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 15.8% of total assets.
Covenant Logistics Group, Inc. Competitors by Total Assets
Key competitors of Covenant Logistics Group, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mingzhu Logistics Holdings Ltd
NASDAQ:YGMZ
|
USA | $101.68 Million |
|
Guna Timur Raya PT
JK:TRUK
|
Indonesia | Rp56.74 Billion |
|
Lindsay Australia Ltd
AU:LAU
|
Australia | AU$751.88 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
Brazil | R$1.37 Billion |
|
TFI International Inc
TO:TFII
|
Canada | CA$7.11 Billion |
|
Mullen Group Ltd.
TO:MTL
|
Canada | CA$2.57 Billion |
|
Deppon Logistics Co Ltd
SHG:603056
|
China | CN¥16.14 Billion |
|
Shanghai Qiangsheng Holding Co Ltd
SHG:600662
|
China | CN¥15.27 Billion |
Covenant Logistics Group, Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.11 | 1.18 | 1.16 |
| Quick Ratio | 1.08 | 1.15 | 1.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $22.84 Million | $32.57 Million | $20.27 Million |
Covenant Logistics Group, Inc. - Advanced Valuation Insights
This section examines the relationship between Covenant Logistics Group, Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.75 |
| Latest Market Cap to Assets Ratio | 0.63 |
| Asset Growth Rate (YoY) | 10.1% |
| Total Assets | $1.10 Billion |
| Market Capitalization | $686.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values Covenant Logistics Group, Inc.'s assets below their book value (0.63x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Covenant Logistics Group, Inc.'s assets grew by 10.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Covenant Logistics Group, Inc. (1994–2025)
The table below shows the annual total assets of Covenant Logistics Group, Inc. from 1994 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.10 Billion | +10.10% |
| 2024-12-31 | $997.57 Million | +4.52% |
| 2023-12-31 | $954.44 Million | +19.81% |
| 2022-12-31 | $796.64 Million | +22.25% |
| 2021-12-31 | $651.66 Million | -3.70% |
| 2020-12-31 | $676.72 Million | -23.26% |
| 2019-12-31 | $881.85 Million | +14.00% |
| 2018-12-31 | $773.52 Million | +19.06% |
| 2017-12-31 | $649.67 Million | +4.82% |
| 2016-12-31 | $619.79 Million | -4.11% |
| 2015-12-31 | $646.33 Million | +16.73% |
| 2014-12-31 | $553.72 Million | +17.88% |
| 2013-12-31 | $469.74 Million | +17.37% |
| 2012-12-31 | $400.23 Million | -9.00% |
| 2011-12-31 | $439.82 Million | +1.73% |
| 2010-12-31 | $432.37 Million | +8.55% |
| 2009-12-31 | $398.31 Million | +1.18% |
| 2008-12-31 | $393.68 Million | -10.49% |
| 2007-12-31 | $439.79 Million | -7.43% |
| 2006-12-31 | $475.09 Million | +27.97% |
| 2005-12-31 | $371.26 Million | +3.12% |
| 2004-12-31 | $360.03 Million | +1.62% |
| 2003-12-31 | $354.28 Million | -2.01% |
| 2002-12-31 | $361.54 Million | +3.36% |
| 2001-12-31 | $349.78 Million | -10.43% |
| 2000-12-31 | $390.51 Million | +1.70% |
| 1999-12-31 | $383.97 Million | +40.67% |
| 1998-12-31 | $272.96 Million | +26.81% |
| 1997-12-31 | $215.26 Million | +15.02% |
| 1996-12-31 | $187.15 Million | +66.21% |
| 1995-12-31 | $112.60 Million | 0.00% |
| 1994-12-31 | $112.60 Million | -- |
About Covenant Logistics Group, Inc.
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. Th… Read more