Skip to content
OpenCapital
Get started

Covenant Logistics Group CVLG Quick ratio

Quick ratio at other companies

JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
1.3×+0.4×
Werner Enterprises logo
Werner EnterprisesWERN
1.4×-0.2×
Knight-Swift Transportation Holdings Inc. logo
Knight-Swift Transportation Holdings Inc.KNX
0.7×-0.2×
Schneider National logo
Schneider NationalSNDR
1.8×+0.1×
Landstar System logo
Landstar SystemLSTR
1.9×-0.2×
Heartland Express logo
Heartland ExpressHTLD
1.3×+0.4×

Other financials

Income statement

See full
Revenue$307.2M+14.0%
Operating income$6.3M-17.6%
Net income$4.4M-32.7%
EPS (diluted)$0.17-29.2%

Balance sheet

See full
Cash & equivalents$11.2M+0.1%
Total debt$291.7M+4.9%
Total equity$407.6M-8.1%
Total assets$1.0B+3.8%

Cash flow

See full
Operating cash flow$29.0M+16.6%
CapEx$11.4M-66.0%
Free cash flow$17.6M+305%

Valuation

See full
Market cap$1.1B+81.8%
Enterprise value$1.38B+58.3%
P/E36.9×+0.6×
P/S0.9×—

Profitability

See full
Operating margin2.8%—
Net margin3.7%-1.1pp
FCF margin-0.6%—

Returns & leverage

See full
Return on equity7.5%-2.6pp
Debt / equity0.7×+0.1×
Current ratio1×0.0×

Where this comes from

Calculated from Covenant Logistics Group’s reported figures.

quick assets/total current liabilities=1×

Based on the most recent quarter.

The official record: Covenant Logistics Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Covenant Logistics Group's quick ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Covenant Logistics Group's quick ratio?
Covenant Logistics Group (CVLG) reported quick ratio of 1× in Q1 2026.
How has Covenant Logistics Group's quick ratio changed year-over-year?
Covenant Logistics Group's quick ratio decreased by 5.0% year-over-year, from 1.1× to 1×.
What is the long-term trend for Covenant Logistics Group's quick ratio?
Over 5 years (2020 to 2025), Covenant Logistics Group's quick ratio has grown at a -0.0% compound annual growth rate (CAGR), from 1.1× to 1.1×.
What does quick ratio mean?
Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.