Covenant Logistics (CVLG) Asset Writedowns and Impairment (2010 - 2020)
Covenant Logistics (CVLG) reported Asset Writedowns and Impairment of $31000.0 for Q4 2020, up 338.46% year-over-year from $7070.2 in Q1 2020, and down 99.88% quarter-over-quarter from $26.2 million in Q2 2020.
Covenant Logistics (CVLG) Asset Writedowns and Impairment (2010 - 2020) Analysis & Trends
Covenant Logistics (CVLG) has 11 years of Asset Writedowns and Impairment data on file, last reported at $31000.0 in Q4 2020.
- Asset Writedowns and Impairment for Q4 2020 came in at $31000.0, up 338.46% year-over-year; the trailing twelve-month figure through Dec 2021 was $31000.0 (down 99.88% YoY), and the FY2025 annual result was $6.5 million, changed N/A from the prior year.
- Asset Writedowns and Impairment slipped to $31000.0 in Q4 2020 per CVLG's latest filing, from $26.2 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $26.2 million in Q2 2020 and troughed at -$334000.0 in Q2 2016.
- A 5-year average of $1.5 million and a median of $38000.0 in 2019 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2016 and 2018: Asset Writedowns and Impairment slumped 33500.0% in 2016, then soared 1108.33% in 2018.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $290000.0 in 2016, then decreased by 26.55% to $213000.0 in 2017, then plunged by 178.87% to -$168000.0 in 2018, then soared by 92.26% to -$13000.0 in 2019, then surged by 338.46% to $31000.0 in 2020.
- Business Quant data shows CVLG's Asset Writedowns and Impairment at $31000.0 in Q4 2020, $26.2 million in Q2 2020, and $320000.0 in Q1 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 51.22 Bn | 50.93 Bn | 1.33 Bn |
| 2 | Xpo | 26.67 Bn | 26.43 Bn | 1.67 Bn |
| 3 | Knight-Swift Transportation Holdings | 13.23 Bn | 13.17 Bn | 1.57 Bn |
| 4 | Saia | 12.94 Bn | 12.90 Bn | - |
| 5 | Schneider National | 6.73 Bn | 6.47 Bn | 1.27 Bn |
| 6 | Rxo | 4.81 Bn | 4.78 Bn | 254.00 Mn |
| 7 | Arcbest | 3.87 Bn | 3.78 Bn | 951.93 Mn |
| 8 | Werner Enterprises | 2.63 Bn | 2.60 Bn | 726.17 Mn |
| 9 | Marten Transport | 1.48 Bn | 1.43 Bn | 203.18 Mn |
| 10 | Covenant Logistics | 1.14 Bn | 1.13 Bn | 292.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 31,000.00 |
| Dec 31, 2020 | 31,000.00 |
| Jun 30, 2020 | 26.25 Mn |
| Jun 30, 2020 | 26.25 Mn |
| Mar 31, 2020 | 320,000.00 |
| Mar 31, 2020 | 320,000.00 |
| Dec 31, 2019 | -13,000.00 |
| Dec 31, 2019 | -13,000.00 |
| Sep 30, 2019 | 45,000.00 |
| Sep 30, 2019 | 45,000.00 |
| Mar 31, 2019 | -32,000.00 |
| Mar 31, 2019 | -32,000.00 |
| Dec 31, 2018 | -168,000.00 |
| Dec 31, 2018 | -168,000.00 |
| Sep 30, 2018 | 55,000.00 |
| Sep 30, 2018 | 55,000.00 |
| Jun 30, 2018 | 121,000.00 |
| Jun 30, 2018 | 121,000.00 |
| Mar 31, 2018 | -8,000.00 |
| Mar 31, 2018 | -8,000.00 |