Covenant Logistics Group Q1 2025: Assets $2.29B, Liabilities $584M
Ticker: CVLG · Form: 10-Q · Filed: May 7, 2025 · CIK: 928658
| Field | Detail |
|---|---|
| Company | Covenant Logistics Group, INC. (CVLG) |
| Form Type | 10-Q |
| Filed Date | May 7, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, logistics
TL;DR
Covenant Logistics Q1: Assets $2.29B, Liabilities $584M, Net Income $0.01/share. Solid.
AI Summary
Covenant Logistics Group, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $2.288 billion and total liabilities of $584 million for the first quarter of 2025. They also reported net income of $0.01 per share, with 40,000,000 shares outstanding.
Why It Matters
This filing provides a snapshot of Covenant Logistics Group's financial health at the end of Q1 2025, indicating their asset base and debt levels.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report with no immediate red flags or significant negative events indicated.
Key Numbers
- $2.29B — Total Assets (Represents the company's total resources as of March 31, 2025.)
- $584M — Total Liabilities (Indicates the company's total obligations as of March 31, 2025.)
- $0.01 — Net Income per Share (Shows the company's profitability on a per-share basis for the period.)
- 40,000,000 — Shares Outstanding (The total number of shares held by shareholders.)
- 20250331 — Reporting Period End (The end date for the financial data presented in the report.)
Key Players & Entities
- COVENANT LOGISTICS GROUP, INC. (company) — Filer
- 20250331 (date) — Reporting Period End Date
- 20250507 (date) — Filing Date
- $2,288,000,000 (dollar_amount) — Total Assets
- $584,000,000 (dollar_amount) — Total Liabilities
- $0.01 (dollar_amount) — Net Income per Share
- 40,000,000 (dollar_amount) — Shares Outstanding
FAQ
What were Covenant Logistics Group's total assets as of March 31, 2025?
Total assets were $2,288,000,000 as of March 31, 2025.
What were the company's total liabilities for the first quarter of 2025?
Total liabilities were $584,000,000 for the period ending March 31, 2025.
What was the net income per share reported for the period?
The net income per share was $0.01.
How many shares of common stock were outstanding?
There were 40,000,000 shares outstanding.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 7, 2025 regarding COVENANT LOGISTICS GROUP, INC. (CVLG).