Covenant Logistics Group, Inc. (CVLG) - Total Liabilities
Based on the latest financial reports, Covenant Logistics Group, Inc. (CVLG) has total liabilities worth $601.89 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Covenant Logistics Group, Inc. - Total Liabilities Trend (1994–2024)
This chart illustrates how Covenant Logistics Group, Inc.'s total liabilities have evolved over time, based on quarterly financial data. See how liquid is Covenant Logistics Group, Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.
Covenant Logistics Group, Inc. Competitors by Total Liabilities
The table below lists competitors of Covenant Logistics Group, Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Perspective Therapeutics Inc.
NYSE MKT:CATX
|
USA | $63.33 Million |
|
Yunnan Jinggu Forestry Co Ltd
SHG:600265
|
China | CN¥126.11 Million |
|
Nanjing Inform Storage Equip
SHG:603066
|
China | CN¥1.43 Billion |
|
GHCL Limited
NSE:GHCL
|
India | Rs7.48 Billion |
|
Shinhan Alpha REIT Co Ltd
KO:293940
|
Korea | ₩2.33 Trillion |
|
Sysgration Ltd
TWO:5309
|
Taiwan | NT$1.54 Billion |
|
WideOpenWest Inc
NYSE:WOW
|
USA | $1.36 Billion |
|
Tivan Ltd
AU:TVN
|
Australia | AU$13.44 Million |
Liability Composition Analysis (1994–2024)
This chart breaks down Covenant Logistics Group, Inc.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Covenant Logistics Group, Inc. market cap and net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.39 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.42 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.59 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Covenant Logistics Group, Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Covenant Logistics Group, Inc. (1994–2024)
The table below shows the annual total liabilities of Covenant Logistics Group, Inc. from 1994 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $559.23 Million | +1.49% |
| 2023-12-31 | $551.02 Million | +31.35% |
| 2022-12-31 | $419.52 Million | +38.93% |
| 2021-12-31 | $301.96 Million | -21.79% |
| 2020-12-31 | $386.07 Million | -27.39% |
| 2019-12-31 | $531.74 Million | +23.55% |
| 2018-12-31 | $430.38 Million | +21.42% |
| 2017-12-31 | $354.47 Million | -7.54% |
| 2016-12-31 | $383.38 Million | -13.69% |
| 2015-12-31 | $444.17 Million | +15.51% |
| 2014-12-31 | $384.51 Million | +4.10% |
| 2013-12-31 | $369.38 Million | +20.89% |
| 2012-12-31 | $305.56 Million | -13.38% |
| 2011-12-31 | $352.77 Million | +6.36% |
| 2010-12-31 | $331.67 Million | +9.23% |
| 2009-12-31 | $303.64 Million | +10.47% |
| 2008-12-31 | $274.86 Million | +2.74% |
| 2007-12-31 | $267.53 Million | -6.54% |
| 2006-12-31 | $286.25 Million | +57.68% |
| 2005-12-31 | $181.54 Million | +10.47% |
| 2004-12-31 | $164.33 Million | +1.35% |
| 2003-12-31 | $162.14 Million | -12.81% |
| 2002-12-31 | $185.95 Million | -1.03% |
| 2001-12-31 | $187.88 Million | -15.63% |
| 2000-12-31 | $222.69 Million | +1.17% |
| 1999-12-31 | $220.12 Million | +67.47% |
| 1998-12-31 | $131.44 Million | +9.84% |
| 1997-12-31 | $119.66 Million | +13.51% |
| 1996-12-31 | $105.42 Million | +114.70% |
| 1995-12-31 | $49.10 Million | 0.00% |
| 1994-12-31 | $49.10 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