Covenant Logistics Group (FRA:CV5) LT-Debt-to-Total-Asset: 0.22 (As of Mar. 2026)

What is Covenant Logistics Group LT-Debt-to-Total-Asset?

Covenant Logistics Group FRA:CV5 -2.04% 68 LT-Debt-to-Total-Asset is 0.22 as of Mar. 2026. GuruFocus rates FRA:CV5 with a GF Score™ of 68/100 and a GF Value™ of €23.72. The stock has 10 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Covenant Logistics Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.22.

Covenant Logistics Group's long-term debt to total assets ratio increased from Mar. 2025 (0.22) to Mar. 2026 (0.22). It may suggest that Covenant Logistics Group is progressively becoming more dependent on debt to grow their business.

Covenant Logistics Group (FRA:CV5) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Covenant Logistics Group LT-Debt-to-Total-Asset Related Terms

Covenant Logistics Group LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Covenant Logistics Group's LT-Debt-to-Total-Asset 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.

Covenant Logistics Group LT-Debt-to-Total-Asset Chart

Covenant Logistics Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.07

0.17

0.24

0.22

0.25

Covenant Logistics Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.24	0.23	0.25	0.22

68GF Score

Covenant Logistics Group Inc FRA:CV5

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Covenant Logistics Group LT-Debt-to-Total-Asset Calculation

Covenant Logistics Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	223.467	/	892.898
	=	0.25

Covenant Logistics Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	195.643	/	879.556
	=	0.22

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.22 mean?

Covenant Logistics Group (FRA:CV5) has a LT-Debt-to-Total-Asset of 0.22 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Covenant Logistics Group and its competitors.

Is Covenant Logistics Group's LT-Debt-to-Total-Asset too high?

Covenant Logistics Group's current LT-Debt-to-Total-Asset is 0.22. Overall, Covenant Logistics Group has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.

How does Covenant Logistics Group's LT-Debt-to-Total-Asset compare to HTLD and MRTN?

Covenant Logistics Group's LT-Debt-to-Total-Asset of 0.22 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Transportation company?

A good LT-Debt-to-Total-Asset depends on the Transportation industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Covenant Logistics Group and its competitors. Covenant Logistics Group's current LT-Debt-to-Total-Asset is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Covenant Logistics Group stock overvalued right now?

Covenant Logistics Group (FRA:CV5) has a current LT-Debt-to-Total-Asset of 0.22. The stock's GF Value™ is €23.72, compared to a current price of €38.40 — trading 61.9% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.22. Covenant Logistics Group's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Covenant Logistics Group (FRA:CV5), the current LT-Debt-to-Total-Asset is 0.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Covenant Logistics Group (FRA:CV5) Overvalued in 2026?

Based on GuruFocus' analysis, Covenant Logistics Group stock appears to be overvalued. The current stock price of €38.40 is trading 61.9% above its estimated GF Value™ of €23.72.

Key valuation signals for FRA:CV5:

LT-Debt-to-Total-Asset: 0.22
GF Value™: €23.72 vs. price of €38.40 (61.9% above fair value)
GF Score™: 68/100 with 10 warning signs

No single metric tells the full story. See the FRA:CV5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Covenant Logistics Group Business Description

Industry Industrials Transportation

Comparable Companies HTLD MRTN ULH PAMT TOPP ETS TLSS YGMZF WERN ARCB ODFL XPO KNX TSX:TFII SAIA SNDR RXO TSE:9064 TSE:9076 TSX:MTL

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. The 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. The Managed Freight segment includes brokerage services and TMS. The warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function.

68GF Score

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€38.40

Price

€23.72

GF Value

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