Covenant Logistics Group (FRA:CV5) Total Liabilities : €493 Mil (As of Mar. 2024)

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What is Covenant Logistics Group Total Liabilities?

Covenant Logistics Group's Total Liabilities for the quarter that ended in Mar. 2024 was €493 Mil.

Covenant Logistics Group's quarterly Total Liabilities increased from Sep. 2023 (€466.75 Mil) to Dec. 2023 (€505.28 Mil) but then declined from Dec. 2023 (€505.28 Mil) to Mar. 2024 (€493.29 Mil).

Covenant Logistics Group's annual Total Liabilities increased from Dec. 2021 (€267.24 Mil) to Dec. 2022 (€396.02 Mil) and increased from Dec. 2022 (€396.02 Mil) to Dec. 2023 (€505.28 Mil).

Covenant Logistics Group Total Liabilities Historical Data

The historical data trend for Covenant Logistics Group's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Covenant Logistics Group Total Liabilities Chart

Covenant Logistics Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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478.38

317.35

267.24

396.02

505.28

Covenant Logistics Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															367.71	453.05	466.75	505.28	493.29

Covenant Logistics Group Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Covenant Logistics Group's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	156.157	+	(213.736	+	28.932
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	106.459	+	0)
	=	505

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	875.22	-	369.936
	=	505

Covenant Logistics Group's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	159.531	+	(202.888	+	29.17
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	101.7	+	0)
	=	493

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	867.957	-	374.667
	=	493

Covenant Logistics Group Total Liabilities Related Terms

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Covenant Logistics Group (FRA:CV5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Covenant Logistics Group Inc (FRA:CV5) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

CVLG:USA

Address

400 Birmingham Highway, Chattanooga, TN, USA, 37419

Website

https://www.covenantlogistics.com

Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.

Covenant Logistics Group (FRA:CV5) Headlines

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