Covenant Logistics (CVLG) - Net assets

Net assets on the balance sheet as of June 2024 : $0.41 Billion USD

According to Covenant Logistics 's latest financial reports the company has $0.41 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Covenant Logistics - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.40 B	6.97%
2022-12-31	$$0.37 B	7.84%
2021-12-31	$$0.34 B	20.32%
2020-12-31	$$0.29 B	-16.99%
2019-12-31	$$0.35 B	2.03%
2018-12-31	$$0.34 B	16.24%
2017-12-31	$$0.29 B	24.87%
2016-12-31	$$0.23 B	16.94%
2015-12-31	$$0.20 B	19.48%
2014-12-31	$$0.16 B	68.6%
2013-12-31	$$0.10 B	6.01%
2012-12-31	$$94.67 M	8.75%
2011-12-31	$$87.05 M	-13.55%
2010-12-31	$$0.10 B	6.36%
2009-12-31	$$94.67 M	-20.32%
2008-12-31	$$0.11 B	-31.03%
2007-12-31	$$0.17 B	-8.78%
2006-12-31	$$0.18 B	-0.46%
2005-12-31	$$0.18 B	-3.05%
2004-12-31	$$0.19 B	1.85%
2003-12-31	$$0.19 B	9.43%
2002-12-31	$$0.17 B	8.45%
2001-12-31	$$0.16 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Marten Transport MRTN	$0.76 B	82.83%	🇺🇸 USA
Knight-Swift KNX	$7.06 B	1,584.95%	🇺🇸 USA
Heartland Express HTLD	$0.83 B	99.53%	🇺🇸 USA
Werner Enterprises WERN	$1.49 B	256.13%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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