Covenant Logistics (CVLG) Notes Payables (2010 - 2025)
Covenant Logistics (CVLG) posted quarterly Notes Payables of $1.7 million for Q2 2025, up 44.89% year-over-year from $1.2 million in Q2 2024, and up 44.89% quarter-over-quarter from $1.2 million in Q2 2024.
Covenant Logistics (CVLG) Notes Payables (2010 - 2025) Analysis & Trends
Covenant Logistics (CVLG) has reported Notes Payables for 15 consecutive years, with $1.7 million the latest figure, recorded in Q2 2025.
- In Q2 2025, Notes Payables rose 44.89% year-over-year to $1.7 million; the TTM figure through Jun 2025 stood at $1.7 million (up 44.89% YoY), while the FY2025 annual figure was $1.7 million, up 44.89% from the prior year.
- Notes Payables climbed to $1.7 million in Q2 2025 per CVLG's latest filing, from $1.2 million in the prior quarter.
- Across five years, Notes Payables topped out at $2.1 million in Q2 2023 and bottomed at $771000.0 in Q3 2023.
- Historically, Notes Payables has averaged $1.2 million across 4 years, with a median of $1.1 million in 2024.
- Annual changes were most pronounced in 2021 — Notes Payables soared 62.79% — and 2024, when it tumbled 43.46%.
- Covenant Logistics' Notes Payables stood at $783000.0 in 2021, then retreated by 1.53% to $771000.0 in 2023, then jumped by 53.7% to $1.2 million in 2024, then soared by 44.89% to $1.7 million in 2025.
- Business Quant data shows CVLG's Notes Payables at $1.7 million in Q2 2025, $1.2 million in Q2 2024, and $918000.0 in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.79 Bn | 42.50 Bn | 1.52 Bn |
| 2 | Xpo | 23.01 Bn | 22.72 Bn | 1.89 Bn |
| 3 | TFI International | 11.57 Bn | 11.37 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 11.48 Bn | 11.29 Bn | 1.77 Bn |
| 5 | Saia | 9.65 Bn | 9.57 Bn | - |
| 6 | Schneider National | 6.23 Bn | 5.71 Bn | 1.00 Bn |
| 7 | Rxo | 3.72 Bn | 3.70 Bn | 302.00 Mn |
| 8 | Arcbest | 3.09 Bn | 2.92 Bn | 1.14 Bn |
| 9 | Werner Enterprises | 2.31 Bn | 2.25 Bn | - |
| 10 | Covenant Logistics | 869.16 Mn | 866.55 Mn | 320.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 1.72 Mn |
| Jun 30, 2024 | 1.19 Mn |
| Mar 31, 2024 | 918,000.00 |
| Sep 30, 2023 | 771,000.00 |
| Jun 30, 2023 | 2.10 Mn |
| Mar 31, 2021 | 783,000.00 |
| Dec 31, 2020 | 1.22 Mn |
| Jun 30, 2020 | 613,000.00 |
| Mar 31, 2020 | 481,000.00 |
| Dec 31, 2019 | 592,000.00 |
| Sep 30, 2019 | 1.19 Mn |
| Jun 30, 2019 | 1.61 Mn |
| Mar 31, 2019 | 1.63 Mn |
| Dec 31, 2018 | 1.86 Mn |
| Sep 30, 2018 | 605,000.00 |
| Sep 30, 2017 | 1.51 Mn |
| Jun 30, 2017 | 3.52 Mn |
| Mar 31, 2017 | 1.61 Mn |
| Dec 31, 2016 | 189,000.00 |
| Sep 30, 2016 | 1.30 Mn |