Covenant Logistics Company Top Insiders

Covenant Logistics Management Team Effectiveness

The company has return on total asset (ROA) of 0.0403 % which means that it generated a profit of $0.0403 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0839 %, meaning that it created $0.0839 on every $100 dollars invested by stockholders. Covenant Logistics' management efficiency ratios could be used to measure how well Covenant Logistics manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Covenant Logistics' Return On Capital Employed is most likely to slightly decrease in the upcoming years. The Covenant Logistics' current Return On Equity is estimated to increase to 0.25, while Return On Tangible Assets are projected to decrease to 0.02. At this time, Covenant Logistics' Intangibles To Total Assets are most likely to increase slightly in the upcoming years. The Covenant Logistics' current Asset Turnover is estimated to increase to 1.55, while Non Current Assets Total are projected to decrease to roughly 198.6 K. The Covenant Logistics' current Net Income Applicable To Common Shares is estimated to increase to about 131.2 M, while Common Stock Shares Outstanding is projected to decrease to roughly 18.7 M.

Covenant Logistics Workforce Comparison

Covenant Logistics Profit Margins

The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.

Covenant Logistics Insider Trading History

Covenant Logistics Notable Stakeholders

The success or failure of an entity such as Covenant Logistics Group, often depends on how effective the management is. Covenant Logistics management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Covenant management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Covenant management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.

When running Covenant Logistics' price analysis, check to measure Covenant Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Covenant Logistics is operating at the current time. Most of Covenant Logistics' value examination focuses on studying past and present price action to predict the probability of Covenant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covenant Logistics' price. Additionally, you may evaluate how the addition of Covenant Logistics to your portfolios can decrease your overall portfolio volatility.