CVLG (Covenant Logistics Group) Accumulated Depreciation : $-205 Mil (As of Dec. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Covenant Logistics Group Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Covenant Logistics Group's quarterly accumulated depreciation increased from Jun. 2024 ($-193 Mil) to Sep. 2024 ($-199 Mil) and increased from Sep. 2024 ($-199 Mil) to Dec. 2024 ($-205 Mil).

Covenant Logistics Group's annual accumulated depreciation declined from Dec. 2022 ($-212 Mil) to Dec. 2023 ($-178 Mil) but then increased from Dec. 2023 ($-178 Mil) to Dec. 2024 ($-205 Mil).

Covenant Logistics Group Accumulated Depreciation Historical Data

The historical data trend for Covenant Logistics Group's Accumulated Depreciation 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.

* Premium members only.

Covenant Logistics Group Accumulated Depreciation Chart

Covenant Logistics Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

Get a 7-Day Free Trial

-149.82

-171.92

-211.95

-177.88

-204.60

Covenant Logistics Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial															-177.88	-188.01	-193.20	-198.62	-204.60

Covenant Logistics Group Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Covenant Logistics Group Accumulated Depreciation Related Terms

Thank you for viewing the detailed overview of Covenant Logistics Group's Accumulated Depreciation provided by GuruFocus.com. Please click on the following links to see related term pages.

Covenant Logistics Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Covenant Logistics Group Inc (NYSE:CVLG) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

CV5:Germany

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.

Executives

Joey B Hogan	officer: Exec Vice President and CFO	400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Bradley A Moline	director	610 BROADWAY, IMPERIAL NE 69033
Herbert J Schmidt	director	1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
D Michael Kramer	director	P O BOX 868, EVANSVILLE IN 47705-0868
David Ray Parker	director, 10 percent owner, officer: CEO and President	400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
George S. Yates	officer: SVP - Brokerage	400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Samuel F Hough	officer: EVP - Expedited	400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Lynn Doster	officer: EVP - Dedicated & Warehousing	400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Wesley Miller Welborn	director	6401 LEE HIGHWAY, STE B, CHATTANOOGA TN 37421
Benjamin Sr Carson	director	PO BOX 3599, BATTLE CREEK MI 49016-3599
Paul Bunn	officer: President, COO, and Secretary	COVENANT TRANSPORTATION GROUP, INC., 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Rachel Parker-hatchett	director	400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Grant James S Iii	officer: EVP and CFO	400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Joey Ballard	officer: EVP, People and Safety	400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Tracy L. Rosser	director	400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419