Covenant Logistics Group (FRA:CV5) Total Stockholders Equity : €375 Mil (As of Mar. 2024)

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What is Covenant Logistics Group Total Stockholders Equity?

Covenant Logistics Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €375 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Covenant Logistics Group's Book Value per Share for the quarter that ended in Mar. 2024 was €28.57. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Covenant Logistics Group's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.72.

Covenant Logistics Group Total Stockholders Equity Historical Data

The historical data trend for Covenant Logistics Group's Total Stockholders Equity 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 Stockholders Equity Chart

Covenant Logistics Group Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec23

Total Stockholders Equity

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315.10

238.91

309.48

356.01

369.94

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 Stockholders Equity	Get a 7-Day Free Trial															346.67	350.43	369.20	369.94	374.67

Covenant Logistics Group (FRA:CV5) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Covenant Logistics Group's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(374.667	-	0)	/	13.1144
	=	28.57

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Covenant Logistics Group's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(66.022	+	202.888)	/	374.667
	=	0.72

Covenant Logistics Group Total Stockholders Equity 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 Stockholders Equity

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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