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During the past 12 months, Covenant Logistics Group's average Total Assets Growth Rate was 3.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 4.80% per year.
During the past 13 years, Covenant Logistics Group's highest 3-Year average Total Assets Growth Rate was 34.10%. The lowest was -6.30%. And the median was 5.90%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Covenant Logistics Group's Asset Turnover for the quarter that ended in Mar. 2026 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Covenant Logistics Group Total Assets Related Terms
Covenant Logistics Group Total Assets Historical Data
* 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Covenant Logistics Group's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (CVLG) has a Total Assets of $1,017 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Covenant Logistics Group and its competitors.
Is Covenant Logistics Group's Total Assets too high?
Covenant Logistics Group's current Total Assets is $1,017 Mil. Overall, Covenant Logistics Group has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Covenant Logistics Group's Total Assets compare to HTLD and MRTN?
Covenant Logistics Group's Total Assets of $1,017 Mil 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 Total Assets for a Transportation company?
A good Total Assets depends on the Transportation industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Covenant Logistics Group and its competitors. Covenant Logistics Group's current Total Assets is $1,017 Mil. 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?
Based on GuruFocus' analysis, Covenant Logistics Group (CVLG) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.33, compared to a current price of $35.52 — trading 30% above its estimated fair value. The current Total Assets is $1,017 Mil. Covenant Logistics Group's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Covenant Logistics Group (CVLG), the current Total Assets is $1,017 Mil 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 (CVLG) Overvalued in 2026?
Based on GuruFocus' analysis, Covenant Logistics Group stock appears to be overvalued.
The current stock price of $35.52 is trading 30% above its estimated GF Value™ of $27.33.
GuruFocus considers Covenant Logistics Group to be Modestly Overvalued.
Key valuation signals for CVLG:
Total Assets: $1,017 Mil
GF Value™: $27.33 vs. price of $35.52 (30% above fair value)
No single metric tells the full story. See the CVLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
72GF Score
Get the complete analysis for CVLG
Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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