COVENANT LOGISTICS GROUP, INC. (CVLG) Current Ratio
- Current ratio · latest quarter: Value 1.14×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 1.14× | Current assets / current liabilities. $219.99M ÷ $193.42M ≈ 1.14× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 219.99M USD | Assets, Current |
| Current obligations | 193.42M USD | Liabilities, Current |
| Cash and equivalents | 2.62M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | 166.38M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | (m) | |
| Payables | 34.16M USD | Accounts Payable, Current |
| Borrowing debt due within one year | 64.33M USD | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $219.99M | $193.42M | $2.62M | (m) | $166.38M | (m) | $34.16M | $64.33M | 1.14× |
| 2026-03-31 | $211.13M | $202.17M | $11.24M | (m) | $155.72M | (m) | $50.35M | $52.15M | 1.04× |
| 2025-12-31 | $232.82M | $209.98M | $4.95M | (m) | $151.80M | (m) | $45.48M | $64.00M | 1.11× |
| 2025-09-30 | $194.57M | $192.44M | $2.69M | (m) | $150.36M | (m) | $32.62M | $63.72M | 1.01× |
| 2025-06-30 | $196.60M | $179.93M | $143.00K | (m) | $152.36M | (m) | $34.99M | $51.16M | 1.09× |
| 2025-03-31 | $179.77M | $164.30M | $11.24M | (m) | $141.06M | (m) | $31.90M | $50.54M | 1.09× |
| 2024-12-31 | $213.85M | $181.28M | $35.62M | (m) | $141.63M | (m) | $31.94M | $64.21M | 1.18× |
| 2024-09-30 | $214.75M | $194.65M | $35.20M | (m) | $135.08M | (m) | $31.64M | $73.10M | 1.10× |
| 2024-06-30 | $201.79M | $187.68M | $1.28M | (m) | $145.06M | (m) | $31.58M | $70.74M | 1.08× |
| 2024-03-31 | $180.44M | $173.40M | $2.95M | (m) | $143.97M | (m) | $31.61M | $60.96M | 1.04× |
| 2023-12-31 | $185.94M | $170.29M | $2.29M | (m) | $142.50M | (m) | $33.16M | $47.65M | 1.09× |
| 2023-09-30 | $202.51M | $171.35M | $7.39M | (m) | $154.19M | (m) | $34.20M | $30.93M | 1.18× |
| 2023-06-30 | $198.95M | $154.04M | $7.82M | (m) | $143.40M | (m) | $33.80M | $26.46M | 1.29× |
| 2023-03-31 | $204.99M | $139.04M | $54.58M | (m) | $122.15M | (m) | $28.29M | $21.37M | 1.47× |
| 2022-12-31 | $222.66M | $156.12M | $68.67M | (m) | $119.77M | (m) | $33.90M | $18.90M | 1.43× |
| 2022-09-30 | $213.28M | $160.77M | $59.26M | (m) | $132.66M | (m) | $33.41M | $15.80M | 1.33× |
| 2022-06-30 | $172.99M | $150.44M | $4.46M | (m) | $141.21M | (m) | $36.58M | $10.40M | 1.15× |
| 2022-03-31 | $168.97M | $130.03M | $7.14M | (m) | $135.61M | (m) | $27.85M | $4.61M | 1.30× |
| 2021-12-31 | $188.53M | $142.75M | $8.41M | (m) | $142.36M | (m) | $29.91M | $5.72M | 1.32× |
| 2021-09-30 | $239.19M | $207.68M | $22.19M | (m) | $131.56M | (m) | $25.09M | $8.39M | 1.15× |
| 2021-06-30 | $200.88M | $179.42M | $4.97M | (m) | $120.33M | (m) | $34.97M | $7.01M | 1.12× |
| 2021-03-31 | $144.40M | $124.13M | $4.79M | (m) | $102.74M | (m) | $32.42M | $6.07M | 1.16× |
| 2020-12-31 | $147.80M | $133.38M | $8.41M | (m) | $91.30M | (m) | $31.70M | $7.58M | 1.11× |
| 2020-09-30 | $200.80M | $147.31M | $13.73M | (m) | $89.16M | (m) | $21.93M | $15.07M | 1.36× |
| 2020-06-30 | $346.34M | $166.10M | $67.13M | (m) | $74.88M | (m) | $18.51M | $53.48M | 2.09× |
| 2020-03-31 | $282.54M | $168.40M | $39.66M | (m) | $192.63M | (m) | $23.74M | $61.40M | 1.68× |
| 2019-12-31 | $254.38M | $161.26M | $43.59M | (m) | $81.21M | (m) | $19.50M | $54.38M | 1.58× |
| 2019-09-30 | $246.07M | $152.84M | $39.80M | (m) | $167.44M | (m) | $26.76M | $47.81M | 1.61× |
| 2019-06-30 | $225.61M | $132.67M | $28.82M | (m) | $158.37M | (m) | $24.75M | $37.79M | 1.70× |
| 2019-03-31 | $226.04M | $133.24M | $31.00M | (m) | $155.96M | (m) | $26.82M | $31.79M | 1.70× |
| 2018-12-31 | $211.64M | $127.33M | $23.13M | (m) | $151.09M | (m) | $22.10M | $28.71M | 1.66× |
| 2018-09-30 | $191.53M | $127.39M | $19.61M | (m) | $134.96M | (m) | $21.49M | $27.64M | 1.50× |
| 2018-06-30 | $266.07M | $93.62M | $122.15M | (m) | $103.05M | (m) | $12.29M | $32.45M | 2.84× |
| 2018-03-31 | $171.79M | $78.91M | $38.37M | (m) | $94.79M | (m) | $12.52M | $25.55M | 2.18× |
| 2017-12-31 | $162.31M | $81.22M | $15.36M | (m) | $104.15M | (m) | $11.86M | $24.60M | 2.00× |
| 2017-09-30 | $149.21M | $89.87M | $8.28M | (m) | $92.04M | (m) | $12.37M | $28.77M | 1.66× |
| 2017-06-30 | $134.05M | $84.27M | $18.69M | (m) | $81.76M | (m) | $10.83M | $24.64M | 1.59× |
| 2017-03-31 | $115.29M | $78.74M | $7.25M | (m) | $73.50M | (m) | $9.04M | $22.68M | 1.46× |
| 2016-12-31 | $134.96M | $87.78M | $7.75M | (m) | $96.64M | (m) | $13.03M | $24.95M | 1.54× |
| 2016-09-30 | $114.84M | $87.68M | $5.03M | (m) | $72.36M | (m) | $10.08M | $29.55M | 1.31× |
| 2016-06-30 | $108.40M | $92.87M | $8.43M | (m) | $73.30M | (m) | $10.86M | $29.02M | 1.17× |
| 2016-03-31 | $98.64M | $100.71M | $3.69M | (m) | $75.12M | (m) | $8.82M | $27.06M | 0.98× |
| 2015-12-31 | $172.84M | $126.22M | $4.49M | (m) | $112.67M | (m) | $12.27M | $39.40M | 1.37× |
| 2015-09-30 | $118.39M | $104.66M | $14.02M | (m) | $74.29M | (m) | $9.26M | $32.47M | 1.13× |
| 2015-06-30 | $136.05M | $98.20M | $23.77M | (m) | $78.37M | (m) | $11.97M | $23.52M | 1.39× |
| 2015-03-31 | $132.32M | $96.03M | $16.29M | (m) | $77.51M | (m) | $10.26M | $23.48M | 1.38× |
| 2014-12-31 | $142.05M | $101.16M | $21.33M | (m) | $95.94M | (m) | $9.62M | $27.82M | 1.40× |
| 2014-09-30 | $124.61M | $98.33M | $17.23M | (m) | $78.84M | (m) | $9.60M | $36.28M | 1.27× |
| 2014-06-30 | $137.09M | $107.55M | $19.35M | (m) | $82.16M | (m) | $12.43M | $37.20M | 1.27× |
| 2014-03-31 | $128.77M | $111.22M | $19.92M | (m) | $81.06M | (m) | $10.62M | $42.96M | 1.16× |
| 2013-12-31 | $123.45M | $109.38M | $9.26M | (m) | $81.24M | (m) | $8.32M | $44.07M | 1.13× |
| 2013-09-30 | $118.12M | $108.87M | $10.53M | (m) | $76.31M | (m) | $11.92M | $41.80M | 1.08× |
| 2013-06-30 | $117.12M | $109.25M | $9.05M | (m) | $77.86M | (m) | $10.89M | $44.40M | 1.07× |
| 2013-03-31 | $114.16M | $120.49M | $8.55M | (m) | $78.02M | (m) | $9.61M | $56.80M | 0.95× |
| 2012-12-31 | $108.31M | $128.29M | $6.85M | (m) | $76.22M | (m) | $10.04M | $63.64M | 0.84× |
| 2012-09-30 | $112.52M | $132.18M | $7.66M | (m) | $75.71M | (m) | $11.72M | $66.34M | 0.85× |
| 2012-06-30 | $114.27M | $139.09M | $4.39M | (m) | $74.18M | (m) | $9.95M | $76.36M | 0.82× |
| 2012-03-31 | $104.76M | $139.71M | $3.81M | (m) | $66.18M | (m) | $9.76M | $80.44M | 0.75× |
| 2011-12-31 | $108.40M | $150.50M | $3.90M | (m) | $64.68M | (m) | $8.75M | $96.26M | 0.72× |
| 2011-09-30 | $93.81M | $127.23M | $3.38M | (m) | $62.79M | (m) | $6.40M | $69.95M | 0.74× |
| 2011-06-30 | $92.52M | $123.52M | $2.28M | (m) | $65.51M | (m) | $7.34M | $70.48M | 0.75× |
| 2010-12-31 | $91.14M | $121.90M | $9.36M | (m) | $60.82M | (m) | $6.90M | $68.40M | 0.75× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.