Covenant Other Cashflows From Financing Activities from 2010 to 2024

CVLG Stock  USD 58.08  0.17  0.29%   
Covenant Logistics' Other Cashflows From Financing Activities is increasing over the last several years with very volatile swings. Other Cashflows From Financing Activities is estimated to finish at about -13.1 M this year. During the period from 2010 to 2024 Covenant Logistics Group, Other Cashflows From Financing Activities regressed destribution of quarterly values had coefficient of variationof  136.99 and r-value of  0.02. View All Fundamentals
 
Other Cashflows From Financing Activities  
First Reported
1995-03-31
Previous Quarter
581 K
Current Value
138 K
Quarterly Volatility
158.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Covenant Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Covenant Logistics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 39 M, Interest Expense of 6.7 M or Selling General Administrative of 115.4 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0072 or PTB Ratio of 1.53. Covenant financial statements analysis is a perfect complement when working with Covenant Logistics Valuation or Volatility modules.
  
Check out the analysis of Covenant Logistics Correlation against competitors.

Latest Covenant Logistics' Other Cashflows From Financing Activities Growth Pattern

Below is the plot of the Other Cashflows From Financing Activities of Covenant Logistics Group, over the last few years. It is Covenant Logistics' Other Cashflows From Financing Activities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Covenant Logistics' overall financial position and show how it may be relating to other accounts over time.
Other Cashflows From Financing Activities10 Years Trend
Very volatile
   Other Cashflows From Financing Activities   
       Timeline  

Covenant Other Cashflows From Financing Activities Regression Statistics

Arithmetic Mean502,899,010
Geometric Mean84,807,221
Coefficient Of Variation136.99
Mean Deviation599,021,727
Median112,997,000
Standard Deviation688,946,373
Sample Variance474647.1T
Range1.9B
R-Value0.02
Mean Square Error510866T
R-Squared0.0006
Significance0.93
Slope3,684,929
Total Sum of Squares6645059.5T

Covenant Other Cashflows From Financing Activities History

2024-13.1 M
2023-13.7 M
2022154.2 M
2021-1.3 M
2020-297 K
20191.8 B
20181.7 B

About Covenant Logistics Financial Statements

Covenant Logistics stakeholders use historical fundamental indicators, such as Covenant Logistics' Other Cashflows From Financing Activities, to determine how well the company is positioned to perform in the future. Although Covenant Logistics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Covenant Logistics' assets and liabilities are reflected in the revenues and expenses on Covenant Logistics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Covenant Logistics Group,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Cashflows From Financing Activities-13.7 M-13.1 M

Currently Active Assets on Macroaxis

When determining whether Covenant Logistics Group, is a strong investment it is important to analyze Covenant Logistics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Covenant Logistics' future performance. For an informed investment choice regarding Covenant Stock, refer to the following important reports:
Check out the analysis of Covenant Logistics Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Covenant Logistics. If investors know Covenant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Covenant Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
0.44
Earnings Share
2.97
Revenue Per Share
86.188
Quarterly Revenue Growth
(0)
The market value of Covenant Logistics Group, is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Covenant Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Covenant Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covenant Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.