Covenant Logistics Group, Inc. Total Liabilities
Covenant Logistics Group, Inc. total liabilities. Based on the latest financial reports, Covenant Logistics Group, Inc. (CVLG) has total liabilities worth $592.89 Million USD as of June 2026. 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. See CVLG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Total Liabilities of Covenant Logistics Group, Inc. (1994–2025)
Total liabilities of Covenant Logistics Group, Inc. from 1994 to 2025. This chart illustrates how Covenant Logistics Group, Inc.'s total liabilities have evolved over time, based on quarterly financial data. Check Covenant Logistics Group, Inc. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Liaoning Hongyang Energy Resource Invest Co Ltd
SHG:600758
|
China | CN¥7.72 Billion |
|
Chengdu Xinzhu Road&Bridge Machinery Co Ltd
SHE:002480
|
China | CN¥10.97 Billion |
|
Barco NV
BR:BAR
|
Belgium | €494.52 Million |
|
Beijing North Star Co Ltd Class A
SHG:601588
|
China | CN¥34.01 Billion |
|
Sundiro Holding Co Ltd
SHE:000571
|
China | CN¥1.60 Billion |
|
LifeSemantics Corp.
KQ:347700
|
Korea | ₩422.34 Billion |
|
Mühlbauer Holding AG
XETRA:MUB
|
Germany | €329.02 Million |
|
Daqian Ecology & Landscape Co Ltd
SHG:603955
|
China | CN¥905.52 Million |
Liability Composition Analysis (1994–2025)
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 complete balance sheet picture, see Covenant Logistics Group, Inc. balance sheet assets.
Liquidity & Leverage Metrics
Covenant Logistics Group, Inc. Total Liabilities Ratios Explained
Covenant Logistics Group, Inc. total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.14 | 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 | 1.44 | 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. (1994–2025)
The table below shows the annual total liabilities of Covenant Logistics Group, Inc. from 1994 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $641.55 Million | +14.72% |
| 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