Covenant Logistics Debt to Equity Ratio 2010-2023 | CVLG

Current and historical debt to equity ratio values for Covenant Logistics (CVLG) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Covenant Logistics debt/equity for the three months ending December 31, 2023 was 0.50.
Covenant Logistics Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2023-12-31 $0.55B $0.40B 1.37
2023-09-30 $0.50B $0.39B 1.26
2023-06-30 $0.49B $0.38B 1.29
2023-03-31 $0.39B $0.37B 1.06
2022-12-31 $0.42B $0.38B 1.11
2022-09-30 $0.38B $0.38B 0.99
2022-06-30 $0.35B $0.36B 0.97
2022-03-31 $0.30B $0.36B 0.84
2021-12-31 $0.30B $0.35B 0.86
2021-09-30 $0.37B $0.33B 1.13
2021-06-30 $0.35B $0.31B 1.12
2021-03-31 $0.35B $0.30B 1.18
2020-12-31 $0.39B $0.29B 1.33
2020-09-30 $0.41B $0.32B 1.30
2020-06-30 $0.55B $0.31B 1.81
2020-03-31 $0.58B $0.33B 1.78
2019-12-31 $0.53B $0.35B 1.52
2019-09-30 $0.55B $0.35B 1.59
2019-06-30 $0.50B $0.35B 1.42
2019-03-31 $0.49B $0.35B 1.40
2018-12-31 $0.43B $0.34B 1.25
2018-09-30 $0.42B $0.33B 1.29
2018-06-30 $0.42B $0.31B 1.33
2018-03-31 $0.35B $0.30B 1.17
2017-12-31 $0.35B $0.30B 1.20
2017-09-30 $0.41B $0.24B 1.66
2017-06-30 $0.38B $0.24B 1.60
2017-03-31 $0.37B $0.24B 1.59
2016-12-31 $0.38B $0.24B 1.63
2016-09-30 $0.38B $0.23B 1.69
2016-06-30 $0.37B $0.22B 1.67
2016-03-31 $0.36B $0.21B 1.75
2015-12-31 $0.45B $0.20B 2.20
2015-09-30 $0.40B $0.19B 2.07
2015-06-30 $0.33B $0.20B 1.69
2015-03-31 $0.35B $0.18B 1.93
2014-12-31 $0.37B $0.17B 2.19
2014-09-30 $0.37B $0.10B 3.59
2014-06-30 $0.37B $0.10B 3.58
2014-03-31 $0.36B $0.10B 3.72
2013-12-31 $0.37B $0.10B 3.65
2013-09-30 $0.33B $0.10B 3.43
2013-06-30 $0.32B $0.09B 3.47
2013-03-31 $0.31B $0.09B 3.29
2012-12-31 $0.31B $0.10B 3.23
2012-09-30 $0.30B $0.09B 3.21
2012-06-30 $0.32B $0.09B 3.53
2012-03-31 $0.35B $0.09B 3.89
2011-12-31 $0.35B $0.09B 4.05
2011-09-30 $0.34B $0.09B 3.90
2011-06-30 $0.33B $0.10B 3.23
2011-03-31 $0.33B $0.10B 3.36
2010-12-31 $0.34B $0.10B 3.38
2010-09-30 $0.34B $0.10B 3.42
2010-06-30 $0.33B $0.10B 3.42
2010-03-31 $0.30B $0.09B 3.23
2009-12-31 $0.30B $0.10B 3.21
2009-09-30 $0.29B $0.10B 2.95
2009-06-30 $0.27B $0.11B 2.44
2009-03-31 $0.26B $0.11B 2.25
Sector Industry Market Cap Revenue
Transportation Transportation - Truck $0.595B $1.104B
Covenant Logistics Group Inc. offers a portfolio of transportation and logistics services, through its subsidiaries. The company services include asset-based expedited, dedicated and irregular route truckload capacity, as well as asset-light warehousing, transportation management and freight brokerage capability. Covenant Logistics Group Inc., formerly known as Covenant Transportation Group Inc., is based in Chattanooga, Tennessee.
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