Covenant Logistics Group CVLG Total debt

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FAQ

What is Covenant Logistics Group's total debt?

Covenant Logistics Group (CVLG) reported total debt of $324.43M in Q2 2026.

How has Covenant Logistics Group's total debt changed year-over-year?

Covenant Logistics Group's total debt increased by 5.1% year-over-year, from $308.82M to $324.43M.

What is the long-term trend for Covenant Logistics Group's total debt?

Over 5 years (2020 to 2025), Covenant Logistics Group's total debt has grown at a 25.1% compound annual growth rate (CAGR), from $110.37M to $338.7M.

What does total debt mean?

Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.