Covenant Logistics Group Inc (CVLG)
44.90
+0.19
(+0.42%)
USD |
NASDAQ |
Apr 26, 16:00
44.91
+0.01
(+0.02%)
After-Hours: 20:00
Covenant Logistics Group Debt to Equity Ratio: 0.6062 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.6062 |
| September 30, 2023 | 0.4704 |
| June 30, 2023 | 0.5051 |
| March 31, 2023 | 0.3156 |
| December 31, 2022 | 0.2897 |
| September 30, 2022 | 0.2246 |
| June 30, 2022 | 0.1642 |
| March 31, 2022 | 0.1331 |
| December 31, 2021 | 0.0745 |
| September 30, 2021 | 0.0922 |
| June 30, 2021 | 0.1458 |
| March 31, 2021 | 0.2651 |
| December 31, 2020 | 0.195 |
| September 30, 2020 | 0.3317 |
| June 30, 2020 | 0.882 |
| March 31, 2020 | 0.8831 |
| December 31, 2019 | 0.7288 |
| September 30, 2019 | 0.7999 |
| June 30, 2019 | 0.7059 |
| March 31, 2019 | 0.6657 |
| December 31, 2018 | 0.5747 |
| September 30, 2018 | 0.6049 |
| June 30, 2018 | 0.7287 |
| March 31, 2018 | 0.6297 |
| December 31, 2017 | 0.6404 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.8015 |
| June 30, 2017 | 0.7967 |
| March 31, 2017 | 0.7828 |
| December 31, 2016 | 0.8198 |
| September 30, 2016 | 0.9274 |
| June 30, 2016 | 0.876 |
| March 31, 2016 | 0.858 |
| December 31, 2015 | 1.188 |
| September 30, 2015 | 1.141 |
| June 30, 2015 | 0.756 |
| March 31, 2015 | 0.8551 |
| December 31, 2014 | 1.107 |
| September 30, 2014 | 2.006 |
| June 30, 2014 | 2.072 |
| March 31, 2014 | 2.192 |
| December 31, 2013 | 2.157 |
| September 30, 2013 | 1.940 |
| June 30, 2013 | 1.878 |
| March 31, 2013 | 1.801 |
| December 31, 2012 | 1.765 |
| September 30, 2012 | 1.741 |
| June 30, 2012 | 2.014 |
| March 31, 2012 | 2.311 |
| December 31, 2011 | 2.646 |
| September 30, 2011 | 2.519 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0745
Minimum
Dec 2021
0.8831
Maximum
Mar 2020
0.4112
Average
0.3156
Median
Mar 2023
Debt to Equity Ratio Benchmarks
| Heartland Express Inc | 0.3467 |
| Landstar System Inc | 0.0625 |
| Marten Transport Ltd | 0.00 |
| Old Dominion Freight Line Inc | 0.0188 |
| P.A.M. Transportation Services Inc | 0.8631 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 954.44M |
| Total Liabilities (Quarterly) | 551.02M |
| Shareholders Equity (Quarterly) | 403.42M |
| Current Ratio | 1.092 |
| Net Debt Paydown Yield | -5.29% |