Growth Metrics

Covenant Logistics (CVLG) Asset Writedowns and Impairment (2016 - 2020)

Covenant Logistics (CVLG) has disclosed Asset Writedowns and Impairment for 11 consecutive years, with $31000.0 as the latest value for Q4 2020.

  • Quarterly Asset Writedowns and Impairment rose 338.46% to $31000.0 in Q4 2020 from the year-ago period, while the trailing twelve-month figure was $31000.0 through Dec 2021, down 99.88% year-over-year, with the annual reading at $6.5 million for FY2025, N/A changed from the prior year.
  • Asset Writedowns and Impairment for Q4 2020 was $31000.0 at Covenant Logistics, down from $26.2 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $26.2 million in Q2 2020, with the low at -$334000.0 in Q2 2016.
  • Average Asset Writedowns and Impairment over 5 years is $1.4 million, with a median of $31000.0 recorded in 2020.
  • The sharpest move saw Asset Writedowns and Impairment plummeted 33500.0% in 2016, then soared 81928.12% in 2020.
  • Over 5 years, Asset Writedowns and Impairment stood at $290000.0 in 2016, then dropped by 26.55% to $213000.0 in 2017, then tumbled by 178.87% to -$168000.0 in 2018, then surged by 92.26% to -$13000.0 in 2019, then skyrocketed by 338.46% to $31000.0 in 2020.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods came in at $31000.0, $26.2 million, and $320000.0 for Q4 2020, Q2 2020, and Q1 2020 respectively.