Growth Metrics

Covenant Logistics (CVLG) Long-Term Investments (2016 - 2024)

Covenant Logistics (CVLG) has disclosed Long-Term Investments for 10 consecutive years, with $66.3 million as the latest value for Q4 2023.

  • On a quarterly basis, Long-Term Investments rose 21.2% to $66.3 million in Q4 2023 year-over-year; TTM through Dec 2023 was $66.3 million, a 21.2% increase, with the full-year FY2023 number at $66.3 million, up 21.2% from a year prior.
  • Long-Term Investments was $66.3 million for Q4 2023 at Covenant Logistics, up from $54.7 million in the prior quarter.
  • In the past five years, Long-Term Investments ranged from a high of $66.3 million in Q4 2023 to a low of $31.9 million in Q4 2019.
  • A 5-year average of $46.3 million and a median of $44.2 million in 2021 define the central range for Long-Term Investments.
  • Peak YoY movement for Long-Term Investments: rose 7.71% in 2020, then increased 28.61% in 2021.
  • Covenant Logistics' Long-Term Investments stood at $31.9 million in 2019, then grew by 7.71% to $34.4 million in 2020, then grew by 28.61% to $44.2 million in 2021, then increased by 23.83% to $54.7 million in 2022, then grew by 21.2% to $66.3 million in 2023.
  • Per Business Quant, the three most recent readings for CVLG's Long-Term Investments are $66.3 million (Q4 2023), $54.7 million (Q4 2022), and $44.2 million (Q4 2021).