Covenant Logistics Group annual debt-to-assets ratio
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2025
Covenant Logistics Group Debt-to-Assets Ratio Growth & History (CVLG)
Covenant Logistics Group's debt-to-assets ratio was 0.32 for fiscal 2025.
View full Covenant Logistics Group company overviewCovenant Logistics Group annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.32 | 0.03 | +8.85% |
| 2024 | 2024-12-31 | 0.30 | −0.01 | −3.21% |
| 2023 | 2023-12-31 | 0.31 | 0.08 | +36.36% |
| 2022 | 2022-12-31 | 0.23 | 0.11 | +97.89% |
| 2021 | 2021-12-31 | 0.11 | −0.05 | −30.14% |
| 2020 | 2020-12-31 | 0.16 | −0.23 | −58.70% |
| 2019 | 2019-12-31 | 0.39 | 0.09 | +29.52% |
| 2018 | 2018-12-31 | 0.30 | −0.02 | −7.35% |
| 2017 | 2017-12-31 | 0.33 | −0.02 | −5.38% |
| 2016 | 2016-12-31 | 0.35 | −0.04 | −10.04% |
| 2015 | 2015-12-31 | 0.39 | 0.01 | +3.05% |
| 2014 | 2014-12-31 | 0.38 | −0.13 | −25.69% |
| 2013 | 2013-12-31 | 0.50 | 0.07 | +15.50% |
| 2012 | 2012-12-31 | 0.44 | −0.11 | −20.73% |
| 2011 | 2011-12-31 | 0.55 | 0.04 | +8.04% |
| 2010 | 2010-12-31 | 0.51 | — | — |
Covenant Logistics Group quarterly debt-to-assets ratio
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| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.32 | 0.02 | +5.40% |
| Q1 2026 | 2026-03-31 | 0.29 | 0.00 | +1.08% |
| Q4 2025 | 2025-12-31 | 0.32 | 0.03 | +8.85% |
| Q3 2025 | 2025-09-30 | 0.30 | −0.01 | −3.81% |
| Q2 2025 | 2025-06-30 | 0.31 | −0.01 | −4.02% |
| Q1 2025 | 2025-03-31 | 0.28 | −0.02 | −8.09% |
| Q4 2024 | 2024-12-31 | 0.30 | −0.01 | −3.21% |
| Q3 2024 | 2024-09-30 | 0.31 | 0.04 | +16.08% |
| Q2 2024 | 2024-06-30 | 0.32 | 0.03 | +11.67% |
| Q1 2024 | 2024-03-31 | 0.31 | 0.08 | +36.68% |
| Q4 2023 | 2023-12-31 | 0.31 | 0.08 | +36.36% |
| Q3 2023 | 2023-09-30 | 0.27 | 0.09 | +51.42% |
| Q2 2023 | 2023-06-30 | 0.29 | 0.13 | +81.45% |
| Q1 2023 | 2023-03-31 | 0.23 | 0.09 | +65.10% |
| Q4 2022 | 2022-12-31 | 0.23 | 0.11 | +97.89% |
| Q3 2022 | 2022-09-30 | 0.18 | 0.06 | +47.65% |
| Q2 2022 | 2022-06-30 | 0.16 | 0.02 | +12.27% |
| Q1 2022 | 2022-03-31 | 0.14 | −0.06 | −30.75% |
| Q4 2021 | 2021-12-31 | 0.11 | −0.05 | −30.14% |
| Q3 2021 | 2021-09-30 | 0.12 | −0.11 | −47.55% |
| Q2 2021 | 2021-06-30 | 0.14 | −0.27 | −65.66% |
| Q1 2021 | 2021-03-31 | 0.20 | −0.21 | −52.07% |
| Q4 2020 | 2020-12-31 | 0.16 | −0.23 | −58.70% |
| Q3 2020 | 2020-09-30 | 0.23 | −0.18 | −43.67% |
| Q2 2020 | 2020-06-30 | 0.41 | 0.03 | +7.47% |
| Q1 2020 | 2020-03-31 | 0.41 | 0.04 | +11.53% |
| Q4 2019 | 2019-12-31 | 0.39 | 0.09 | +29.52% |
| Q3 2019 | 2019-09-30 | 0.41 | 0.09 | +29.68% |
| Q2 2019 | 2019-06-30 | 0.38 | 0.01 | +3.23% |
| Q1 2019 | 2019-03-31 | 0.37 | 0.04 | +13.28% |
| Q4 2018 | 2018-12-31 | 0.30 | −0.02 | −7.35% |
| Q3 2018 | 2018-09-30 | 0.32 | −0.02 | −6.75% |
| Q2 2018 | 2018-06-30 | 0.37 | 0.03 | +9.28% |
| Q1 2018 | 2018-03-31 | 0.33 | −0.01 | −3.05% |
| Q4 2017 | 2017-12-31 | 0.33 | −0.02 | −5.38% |
| Q3 2017 | 2017-09-30 | 0.34 | −0.03 | −8.06% |
| Q2 2017 | 2017-06-30 | 0.34 | −0.01 | −4.06% |
| Q1 2017 | 2017-03-31 | 0.34 | 0.01 | +1.96% |
| Q4 2016 | 2016-12-31 | 0.35 | −0.04 | −10.04% |
| Q3 2016 | 2016-09-30 | 0.37 | −0.03 | −7.43% |
| Q2 2016 | 2016-06-30 | 0.35 | 0.04 | +13.13% |
| Q1 2016 | 2016-03-31 | 0.33 | 0.01 | +2.45% |
| Q4 2015 | 2015-12-31 | 0.39 | 0.01 | +3.05% |
| Q3 2015 | 2015-09-30 | 0.40 | −0.08 | −16.34% |
| Q2 2015 | 2015-06-30 | 0.31 | −0.18 | −36.77% |
| Q1 2015 | 2015-03-31 | 0.32 | −0.18 | −35.86% |
| Q4 2014 | 2014-12-31 | 0.38 | −0.13 | −25.69% |
| Q3 2014 | 2014-09-30 | 0.47 | 0.01 | +2.32% |
| Q2 2014 | 2014-06-30 | 0.49 | 0.05 | +12.09% |
| Q1 2014 | 2014-03-31 | 0.50 | 0.06 | +14.10% |
| Q4 2013 | 2013-12-31 | 0.50 | 0.07 | +15.50% |
| Q3 2013 | 2013-09-30 | 0.46 | 0.03 | +6.77% |
| Q2 2013 | 2013-06-30 | 0.44 | −0.03 | −6.38% |
| Q1 2013 | 2013-03-31 | 0.44 | −0.06 | −11.42% |
| Q4 2012 | 2012-12-31 | 0.44 | −0.11 | −20.73% |
| Q3 2012 | 2012-09-30 | 0.43 | −0.11 | −19.68% |
| Q2 2012 | 2012-06-30 | 0.47 | −0.04 | −8.25% |
| Q1 2012 | 2012-03-31 | 0.50 | — | — |
| Q4 2011 | 2011-12-31 | 0.55 | 0.03 | +5.88% |
| Q3 2011 | 2011-09-30 | 0.54 | — | — |
| Q2 2011 | 2011-06-30 | 0.51 | — | — |
| Q4 2010 | 2010-12-31 | 0.52 | — | — |
Covenant Logistics Group debt-to-assets ratio trends
Over the last five fiscal years, Covenant Logistics Group's debt-to-assets ratio increased from 0.16 to 0.32, a change of 0.16. The latest reported quarter, Q2 2026, shows 0.32.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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