Covenant Logistics (CVLG) Asset Writedowns and Impairment (2010 - 2020)

Covenant Logistics has disclosed Asset Writedowns and Impairment across 11 years of filings, most recently posting $31000.0 for Q4 2020.

• In Q4 2020, Asset Writedowns and Impairment rose 338.46% year-over-year to $31000.0; the TTM figure through Dec 2021 stood at $31000.0 (down 99.88% YoY), while the FY2025 annual figure was $6.5 million, changed N/A from the prior year.
• Asset Writedowns and Impairment declined to $31000.0 in Q4 2020, from $26.2 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for CVLG reached as high as $26.2 million in Q2 2020 and fell as low as -$334000.0 in Q2 2016.
• The 5-year median for Asset Writedowns and Impairment is $38000.0 (2019), against an average of $1.5 million.
• Annual changes were most pronounced in 2016 — Asset Writedowns and Impairment plunged 33500.0% — and 2018, when it soared 1108.33%.
• 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 slumped 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.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $31000.0, $26.2 million, and $320000.0 for Q4 2020, Q2 2020, and Q1 2020 respectively.