Covenant Logistics Group Current Ratio Growth & History (CVLG)
Covenant Logistics Group's current ratio was 1.11 for fiscal 2025.
View full Covenant Logistics Group company overviewCovenant Logistics Group annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.11 | −0.07 | −6.01% |
| 2024 | 2024-12-31 | 1.18 | 0.09 | +8.04% |
| 2023 | 2023-12-31 | 1.09 | −0.33 | −23.44% |
| 2022 | 2022-12-31 | 1.43 | 0.11 | +7.98% |
| 2021 | 2021-12-31 | 1.32 | 0.21 | +19.19% |
| 2020 | 2020-12-31 | 1.11 | −0.47 | −29.76% |
| 2019 | 2019-12-31 | 1.58 | −0.08 | −5.09% |
| 2018 | 2018-12-31 | 1.66 | −0.34 | −16.83% |
| 2017 | 2017-12-31 | 2.00 | 0.46 | +29.98% |
| 2016 | 2016-12-31 | 1.54 | 0.17 | +12.28% |
| 2015 | 2015-12-31 | 1.37 | −0.03 | −2.49% |
| 2014 | 2014-12-31 | 1.40 | 0.28 | +24.42% |
| 2013 | 2013-12-31 | 1.13 | 0.28 | +33.69% |
| 2012 | 2012-12-31 | 0.84 | 0.12 | +17.22% |
| 2011 | 2011-12-31 | 0.72 | −0.03 | −3.66% |
| 2010 | 2010-12-31 | 0.75 | — | — |
Covenant Logistics Group quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.14 | 0.04 | +4.09% |
| Q1 2026 | 2026-03-31 | 1.04 | −0.05 | −4.56% |
| Q4 2025 | 2025-12-31 | 1.11 | −0.07 | −6.01% |
| Q3 2025 | 2025-09-30 | 1.01 | −0.09 | −8.36% |
| Q2 2025 | 2025-06-30 | 1.09 | 0.02 | +1.62% |
| Q1 2025 | 2025-03-31 | 1.09 | 0.05 | +5.15% |
| Q4 2024 | 2024-12-31 | 1.18 | 0.09 | +8.04% |
| Q3 2024 | 2024-09-30 | 1.10 | −0.08 | −6.65% |
| Q2 2024 | 2024-06-30 | 1.08 | −0.22 | −16.75% |
| Q1 2024 | 2024-03-31 | 1.04 | −0.43 | −29.42% |
| Q4 2023 | 2023-12-31 | 1.09 | −0.33 | −23.44% |
| Q3 2023 | 2023-09-30 | 1.18 | −0.14 | −10.91% |
| Q2 2023 | 2023-06-30 | 1.29 | 0.14 | +12.32% |
| Q1 2023 | 2023-03-31 | 1.47 | 0.17 | +13.46% |
| Q4 2022 | 2022-12-31 | 1.43 | 0.11 | +7.98% |
| Q3 2022 | 2022-09-30 | 1.33 | 0.17 | +15.18% |
| Q2 2022 | 2022-06-30 | 1.15 | 0.03 | +2.70% |
| Q1 2022 | 2022-03-31 | 1.30 | 0.14 | +11.70% |
| Q4 2021 | 2021-12-31 | 1.32 | 0.21 | +19.19% |
| Q3 2021 | 2021-09-30 | 1.15 | −0.21 | −15.50% |
| Q2 2021 | 2021-06-30 | 1.12 | −0.97 | −46.31% |
| Q1 2021 | 2021-03-31 | 1.16 | −0.51 | −30.66% |
| Q4 2020 | 2020-12-31 | 1.11 | −0.47 | −29.76% |
| Q3 2020 | 2020-09-30 | 1.36 | −0.25 | −15.34% |
| Q2 2020 | 2020-06-30 | 2.09 | 0.38 | +22.61% |
| Q1 2020 | 2020-03-31 | 1.68 | −0.02 | −1.10% |
| Q4 2019 | 2019-12-31 | 1.58 | −0.08 | −5.09% |
| Q3 2019 | 2019-09-30 | 1.61 | 0.11 | +7.08% |
| Q2 2019 | 2019-06-30 | 1.70 | −1.14 | −40.16% |
| Q1 2019 | 2019-03-31 | 1.70 | −0.48 | −22.07% |
| Q4 2018 | 2018-12-31 | 1.66 | −0.34 | −16.83% |
| Q3 2018 | 2018-09-30 | 1.50 | −0.16 | −9.45% |
| Q2 2018 | 2018-06-30 | 2.84 | 1.25 | +78.66% |
| Q1 2018 | 2018-03-31 | 2.18 | 0.71 | +48.69% |
| Q4 2017 | 2017-12-31 | 2.00 | 0.46 | +29.98% |
| Q3 2017 | 2017-09-30 | 1.66 | 0.35 | +26.77% |
| Q2 2017 | 2017-06-30 | 1.59 | 0.42 | +36.27% |
| Q1 2017 | 2017-03-31 | 1.46 | 0.48 | +49.48% |
| Q4 2016 | 2016-12-31 | 1.54 | 0.17 | +12.28% |
| Q3 2016 | 2016-09-30 | 1.31 | 0.18 | +15.79% |
| Q2 2016 | 2016-06-30 | 1.17 | −0.22 | −15.75% |
| Q1 2016 | 2016-03-31 | 0.98 | −0.40 | −28.92% |
| Q4 2015 | 2015-12-31 | 1.37 | −0.03 | −2.49% |
| Q3 2015 | 2015-09-30 | 1.13 | −0.14 | −10.74% |
| Q2 2015 | 2015-06-30 | 1.39 | 0.11 | +8.69% |
| Q1 2015 | 2015-03-31 | 1.38 | 0.22 | +19.01% |
| Q4 2014 | 2014-12-31 | 1.40 | 0.28 | +24.42% |
| Q3 2014 | 2014-09-30 | 1.27 | 0.18 | +16.81% |
| Q2 2014 | 2014-06-30 | 1.27 | 0.20 | +18.90% |
| Q1 2014 | 2014-03-31 | 1.16 | 0.21 | +22.20% |
| Q4 2013 | 2013-12-31 | 1.13 | 0.28 | +33.69% |
| Q3 2013 | 2013-09-30 | 1.08 | 0.23 | +27.46% |
| Q2 2013 | 2013-06-30 | 1.07 | 0.25 | +30.48% |
| Q1 2013 | 2013-03-31 | 0.95 | 0.20 | +26.36% |
| Q4 2012 | 2012-12-31 | 0.84 | 0.12 | +17.22% |
| Q3 2012 | 2012-09-30 | 0.85 | 0.11 | +15.45% |
| Q2 2012 | 2012-06-30 | 0.82 | 0.07 | +9.69% |
| Q1 2012 | 2012-03-31 | 0.75 | — | — |
| Q4 2011 | 2011-12-31 | 0.72 | −0.03 | −3.66% |
| Q3 2011 | 2011-09-30 | 0.74 | — | — |
| Q2 2011 | 2011-06-30 | 0.75 | — | — |
| Q4 2010 | 2010-12-31 | 0.75 | — | — |
Covenant Logistics Group current ratio trends
Over the last five fiscal years, Covenant Logistics Group's current ratio increased from 1.11 to 1.11, a change of 0.00. The latest reported quarter, Q2 2026, shows 1.14.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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