Covenant Logistics (CVLG) Prepaid Assets (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Prepaid Assets of $193000.0 for Q1 2026, down 98.69% YoY from $14.7 million in Q1 2025, and down 19.58% sequentially from $240000.0 in Q4 2025.
Covenant Logistics (CVLG) Prepaid Assets (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Prepaid Assets across 17 years of filings, most recently posting $193000.0 for Q1 2026.
- In Q1 2026, Prepaid Assets fell 98.69% year-over-year to $193000.0; the TTM figure through Mar 2026 stood at $193000.0 (down 98.69% YoY), while the FY2025 annual figure was $240000.0, down 98.8% from the prior year.
- Prepaid Assets slipped to $193000.0 in Q1 2026, from $240000.0 in the prior quarter.
- Over the last five years, Prepaid Assets for CVLG reached as high as $24.2 million in Q2 2024 and fell as low as $69000.0 in Q1 2022.
- The 5-year median for Prepaid Assets is $13.6 million (2024), against an average of $11.1 million.
- Annual changes were most pronounced in 2022 — Prepaid Assets tumbled 99.47% — and 2023, when it surged 19123.19%.
- A 5-year view of Prepaid Assets shows it stood at $367000.0 in 2022, then surged by 4771.93% to $17.9 million in 2023, then advanced by 11.72% to $20.0 million in 2024, then plunged by 98.8% to $240000.0 in 2025, then slipped by 19.58% to $193000.0 in 2026.
- According to Business Quant data, Prepaid Assets over the past three periods registered $193000.0, $240000.0, and $298000.0 for Q1 2026, Q4 2025, and Q3 2025 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 |
|---|---|
| Mar 31, 2026 | 193,000.00 |
| Dec 31, 2025 | 240,000.00 |
| Sep 30, 2025 | 298,000.00 |
| Jun 30, 2025 | 24.14 Mn |
| Mar 31, 2025 | 14.71 Mn |
| Dec 31, 2024 | 19.98 Mn |
| Sep 30, 2024 | 21.05 Mn |
| Jun 30, 2024 | 24.19 Mn |
| Mar 31, 2024 | 13.56 Mn |
| Dec 31, 2023 | 17.88 Mn |
| Sep 30, 2023 | 17.10 Mn |
| Jun 30, 2023 | 21.35 Mn |
| Mar 31, 2023 | 13.26 Mn |
| Dec 31, 2022 | 367,000.00 |
| Sep 30, 2022 | 132,000.00 |
| Jun 30, 2022 | 170,000.00 |
| Mar 31, 2022 | 69,000.00 |
| Sep 30, 2021 | 10.30 Mn |
| Jun 30, 2021 | 11.18 Mn |
| Mar 31, 2021 | 13.07 Mn |