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| 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 |