Covenant Logistics Group, Inc. cash flow to debt ratio of 33.55% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.

Covenant Logistics Group, Inc.'s free cash flow has decreased 12.81% from $-30.07M last year to $-33.92M, signaling decreasing performance

Covenant Logistics Group, Inc.'s debt to equity ratio is 0.79, which means that the company's assets are unhealthy financed, signaling financial risk.

Covenant Logistics Group, Inc.'s debt has increased relative to shareholder equity from 0.68 last year to 0.79 today, signaling weakened financials

Covenant Logistics Group, Inc. has a net debt to EBITDA ratio of 2.86x, which is below the 3.00x threshold, indicating healthy leverage and financial stability

Covenant Logistics Group, Inc.'s interest coverage ratio is 1.24, which means that the company struggles to meet interest obligations, signaling financial risk.

Covenant Logistics Group, Inc.'s profit margin has decreased (90.31%) in the last year from 3.17% to 0.31%, signaling decreasing performance

Covenant Logistics Group, Inc.'s short-term assets of $232.82M exceed its short-term liabilities of $209.98M

Covenant Logistics Group, Inc.'s return on assets of 0.38% is lower than the 5.00% threshold, indicating inefficient asset utilization

Covenant Logistics Group, Inc.'s return on equity of 0.92%, is lower than 15.00%, indicating bad performance

Covenant Logistics Group, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation

Covenant Logistics Group, Inc. had positive net income in 5 out of 5 years, indicating stable and consistent earnings

Covenant Logistics Group, Inc. has negative free cash flow, indicating the company is burning cash rather than generating it

Covenant Logistics Group, Inc. has negative free cash flow, indicating cash burn

Covenant Logistics Group, Inc.'s yearly earnings has decreased 79.85% since last year from $35.92M to $7.24M, signaling decreasing performance

Covenant Logistics Group, Inc.'s yearly revenue has increased 2.92% since last year from $1.13B to $1.16B, signaling increasing performance

ROIC 1.90% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

Covenant Logistics Group, Inc.'s 3-year revenue CAGR of -1.46% is negative, indicating declining revenue over the past 3 years

Covenant Logistics Group, Inc. had revenue growth in 4 out of 5 years, indicating consistent revenue performance

Covenant Logistics Group, Inc. had positive ROE in 5 out of 5 years, indicating consistent and reliable returns on equity

Covenant Logistics Group, Inc. has insufficient data to evaluate this check.

Covenant Logistics Group, Inc. has an earnings yield of 0.45%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings

Covenant Logistics Group, Inc. is overvalued relative to its fair value price of 30.90 based on EBITDA multiple model

Covenant Logistics Group, Inc. has an EV/EBITDA ratio of 10.06x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings

Covenant Logistics Group, Inc. is overvalued relative to its fair value price of 31.95 based on Earnings Fair Value model

Covenant Logistics Group, Inc. had non-positive diluted EPS five years ago; the PEG ratio is not meaningful and the check fails.

Covenant Logistics Group, Inc. has a price-to-book ratio of 2.04x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Covenant Logistics Group, Inc. has a price-to-sales ratio of 0.68x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue