Covenant Logistics Group, Inc. (CVLG)

Solvency & Capital Structure

Total Debt

—

Net Debt

-$289.7M

Covenant Logistics Group, Inc. currently has — in total debt. Net debt is -$289.7M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.

Financial Fundamentals

CVLG • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	0.00	0.29	-0.29Net Cash	1.01	0.0%
2026-03-31	0.29	0.01	0.28	1.02	28.7%
2025-12-31	0.34	0.00	0.33	1.05	32.4%
2025-09-30	0.31	0.00	0.31	1.03	30.2%
2025-06-30	0.31	0.00	0.31	1.01	30.8%
2025-03-31	0.28	0.01	0.27	0.98	28.4%
2024-12-31	0.30	0.04	0.26	1.00	29.8%
2024-09-30	0.32	0.04	0.28	1.01	31.3%
2024-06-30	0.32	0.00	0.32	0.99	32.0%
2024-03-31	0.29	0.00	0.29	0.94	31.0%
2023-12-31	0.29	0.00	0.29	0.95	30.7%
2023-09-30	0.24	0.01	0.23	0.89	27.1%
2023-06-30	0.25	0.01	0.24	0.87	28.8%
2023-03-31	0.23	0.05	0.17	0.76	29.9%
2022-12-31	0.18	0.07	0.11	0.80	22.5%
2022-09-30	0.13	0.06	0.08	0.76	17.8%
2022-06-30	0.11	0.00	0.11	0.70	15.7%
2022-03-31	0.09	0.01	0.08	0.66	13.7%
2021-12-31	0.07	0.01	0.07	0.65	11.4%
2021-09-30	0.09	0.02	0.06	0.70	12.1%
2021-06-30	0.09	0.00	0.09	0.66	14.0%
2021-03-31	0.13	0.00	0.12	0.65	19.9%
2020-12-31	0.11	0.01	0.10	0.68	16.5%
2020-09-30	0.17	0.01	0.15	0.72	23.0%
2020-06-30	0.35	0.07	0.28	0.86	40.9%
2020-03-31	0.38	0.04	0.34	0.91	41.3%
2019-12-31	0.35	0.04	0.31	0.88	39.5%
2019-09-30	0.37	0.04	0.33	0.90	41.0%
2019-06-30	0.32	0.03	0.30	0.85	38.2%
2019-03-31	0.31	0.03	0.28	0.84	37.2%
2018-12-31	0.24	0.02	0.21	0.77	30.7%
2018-09-30	0.24	0.02	0.22	0.75	31.6%
2018-06-30	0.27	0.12	0.15	0.73	36.8%
2018-03-31	0.21	0.04	0.18	0.66	32.6%
2017-12-31	0.21	0.02	0.20	0.65	32.9%
2017-09-30	0.22	0.01	0.21	0.65	34.0%
2017-06-30	0.21	0.02	0.19	0.62	34.2%
2017-03-31	0.21	0.01	0.20	0.61	33.9%
2016-12-31	0.22	0.01	0.21	0.62	34.9%
2016-09-30	0.22	0.01	0.22	0.61	37.0%
2016-06-30	0.21	0.01	0.20	0.59	35.1%
2016-03-31	0.19	0.00	0.19	0.57	33.7%
2015-12-31	0.26	0.00	0.25	0.65	39.5%
2015-09-30	0.24	0.01	0.22	0.60	39.7%
2015-06-30	0.16	0.02	0.14	0.55	30.0%
2015-03-31	0.17	0.02	0.15	0.53	32.2%
2014-12-31	0.20	0.02	0.18	0.55	36.5%
2014-09-30	0.22	0.02	0.21	0.47	47.5%
2014-06-30	0.23	0.02	0.21	0.47	49.6%
2014-03-31	0.24	0.02	0.22	0.46	51.0%
2013-12-31	0.24	0.01	0.23	0.47	50.8%
2013-09-30	0.20	0.01	0.19	0.42	47.6%
2013-06-30	0.19	0.01	0.18	0.42	45.6%
2013-03-31	0.18	0.01	0.17	0.40	45.9%
2012-12-31	0.18	0.01	0.18	0.40	45.8%
2012-09-30	0.18	0.01	0.17	0.40	45.5%
2012-06-30	0.20	0.00	0.19	0.40	48.7%
2012-03-31	0.22	0.00	0.22	0.43	51.3%
2011-12-31	0.25	0.00	0.24	0.44	56.5%
2011-09-30	0.24	0.00	0.24	0.43	55.8%
2011-06-30	0.22	0.00	0.22	0.43	52.7%
2011-03-31	0.24	0.01	0.23	0.43	55.0%
2010-12-31	0.23	0.01	0.22	0.43	53.2%
2010-09-30	0.24	0.01	0.24	0.44	55.0%
2010-06-30	0.22	0.00	0.22	0.42	53.0%
2010-03-31	0.20	0.01	0.19	0.39	51.6%
2009-12-31	0.22	0.01	0.21	0.40	55.2%
2009-09-30	0.20	0.01	0.19	0.38	51.3%
2009-06-30	0.18	0.01	0.17	0.38	47.0%
2009-03-31	0.16	0.02	0.14	0.37	42.9%
2008-12-31	0.17	0.01	0.16	0.39	42.5%
2008-09-30	0.16	0.01	0.15	0.46	35.0%
2008-06-30	0.13	0.01	0.13	0.49	27.5%
2008-03-31	0.08	0.01	0.07	0.44	18.0%
2007-12-31	0.09	0.00	0.09	0.44	21.2%
2007-09-30	0.10	0.00	0.10	0.45	22.3%
2007-06-30	0.11	0.00	0.11	0.47	23.8%
2007-03-31	0.12	0.00	0.12	0.48	25.6%
2006-12-31	0.11	0.01	0.10	0.48	23.0%
2006-09-30	0.11	0.01	0.10	0.48	23.3%
2006-06-30	0.02	0.00	0.02	0.36	6.7%
2006-03-31	0.03	0.00	0.03	0.37	8.9%
2005-12-31	0.03	0.00	0.03	0.37	8.9%
2005-09-30	0.03	0.00	0.03	0.37	8.9%
2005-06-30	0.05	0.00	0.05	0.37	12.6%
2005-03-31	0.00	0.00	-0.00Net Cash	0.35	0.0%
2004-12-31	0.01	0.01	0.00	0.36	2.2%
2004-09-30	0.02	0.00	0.02	0.35	4.6%
2004-06-30	0.01	0.01	0.01	0.35	3.2%
2004-03-31	0.00	0.00	-0.00Net Cash	0.34	0.4%
2003-12-31	0.01	0.00	0.01	0.35	3.8%
2003-09-30	0.00	0.00	0.00	0.34	1.0%
2003-06-30	0.00	0.00	-0.00Net Cash	0.34	0.4%
2003-03-31	0.03	0.00	0.02	0.35	7.5%
2002-12-31	0.04	0.00	0.04	0.36	12.3%
2002-09-30	0.02	0.00	0.02	0.34	6.7%
2002-06-30	0.05	0.00	0.04	0.36	12.8%
2002-03-31	0.05	0.00	0.05	0.35	15.2%
2001-12-31	0.05	0.00	0.05	0.35	14.1%
2001-09-30	0.07	0.00	0.07	0.39	18.7%
2001-06-30	0.08	0.00	0.08	0.39	20.2%
2001-03-31	0.09	0.00	0.09	0.39	22.2%
2000-12-31	0.08	0.00	0.08	0.39	20.7%
2000-09-30	0.14	0.00	0.14	0.39	37.0%
2000-06-30	0.14	0.00	0.14	0.37	36.4%
2000-03-31	0.14	0.00	0.14	0.39	36.8%
1999-12-31	0.14	0.00	0.14	0.38	37.7%
1999-09-30	0.09	0.00	0.09	0.29	30.2%
1999-06-30	0.07	0.00	0.07	0.28	26.7%
1999-03-31	0.07	0.00	0.07	0.27	27.3%
1998-12-31	0.09	0.00	0.08	0.27	31.6%
1998-09-30	0.07	0.00	0.07	0.25	27.0%
1998-06-30	0.08	0.00	0.08	0.25	31.6%
1998-03-31	0.10	0.01	0.09	0.24	41.9%
1997-12-31	0.08	0.00	0.08	0.22	38.3%
1997-09-30	0.08	0.00	0.08	0.20	39.7%
1997-06-30	0.09	0.00	0.08	0.20	42.0%
1997-03-31	0.09	0.00	0.09	0.20	46.5%
1996-12-31	0.08	0.00	0.08	0.19	44.4%
1996-09-30	0.09	0.00	0.09	0.19	47.1%