Covenant Logistics (CVLG) Notes Payables (2010 - 2025)

Covenant Logistics (CVLG) posted quarterly Notes Payables of $1.7 million for Q2 2025, up 44.89% YoY from $1.2 million in Q2 2024, and up 44.89% sequentially from $1.2 million in Q2 2024.

Covenant Logistics (CVLG) Notes Payables (2010 - 2025) Analysis & Trends

Covenant Logistics has disclosed Notes Payables across 15 years of filings, most recently posting $1.7 million for 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 advanced to $1.7 million in Q2 2025, from $1.2 million in the prior quarter.
  • Over the last five years, Notes Payables for CVLG reached as high as $2.1 million in Q2 2023 and fell as low as $771000.0 in Q3 2023.
  • The 4-year median for Notes Payables is $1.1 million (2024), against an average of $1.2 million.
  • Annual changes were most pronounced in 2021 — Notes Payables soared 62.79% — and 2024, when it sank 43.46%.
  • A 4-year view of Notes Payables shows it stood at $783000.0 in 2021, then fell by 1.53% to $771000.0 in 2023, then soared by 53.7% to $1.2 million in 2024, then surged by 44.89% to $1.7 million in 2025.
  • According to Business Quant data, Notes Payables over the past three periods registered $1.7 million, $1.2 million, and $918000.0 for Q2 2025, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn
5 Saia 11.19 Bn 11.15 Bn -
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn
10 Covenant Logistics 1.12 Bn 1.11 Bn 292.96 Mn

Historic Data

Download Data
DateValue
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