Covenant Logistics Group CVLG Reversal Of Deferred Gains Of Sale Of Property
Reversal Of Deferred Gains Of Sale Of Property at other companies
Other financials
Where this comes from
Reported directly by Covenant Logistics Group in its filing.
Tagged under the XBRL concept cvti:ReversalOfDeferredGainsOfSaleOfProperty.
The official record: Covenant Logistics Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Covenant Logistics Group's reversal of deferred gains of sale of property?
- Covenant Logistics Group (CVLG) reported reversal of deferred gains of sale of property of -$28K in Q1 2026.
- What is the long-term trend for Covenant Logistics Group's reversal of deferred gains of sale of property?
- Over 3 years (2021 to 2025), Covenant Logistics Group's reversal of deferred gains of sale of property has grown at a -38.7% compound annual growth rate (CAGR), from $52K to -$12K.
- What does reversal of deferred gains of sale of property mean?
- This represents the recognition of previously deferred gains resulting from the sale of property, plant, or equipment. It occurs when conditions for full revenue recognition are met or when the deferral period expires. This metric helps investors understand the timing of realized gains from asset divestitures.