Covenant Logistics (CVLG) - Net assets

Net assets on the balance sheet as of September 2024 : C$0.60 Billion

According to Covenant Logistics 's latest financial reports the company has C$0.60 Billion 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	$C$0.53 B	4.56%
2022-12-31	$C$0.51 B	14.83%
2021-12-31	$C$0.44 B	20.26%
2020-12-31	$C$0.37 B	-18.96%
2019-12-31	$C$0.45 B	-2.17%
2018-12-31	$C$0.46 B	25.94%
2017-12-31	$C$0.37 B	16.82%
2016-12-31	$C$0.31 B	13.29%
2015-12-31	$C$0.28 B	42.82%
2014-12-31	$C$0.19 B	83.8%
2013-12-31	$C$0.10 B	13.48%
2012-12-31	$C$94.14 M	6.31%
2011-12-31	$C$88.55 M	-12.03%
2010-12-31	$C$0.10 B	1.04%
2009-12-31	$C$99.61 M	-31.05%
2008-12-31	$C$0.14 B	-15.93%
2007-12-31	$C$0.17 B	-21.84%
2006-12-31	$C$0.21 B	-0.46%
2005-12-31	$C$0.22 B	-6.03%
2004-12-31	$C$0.23 B	-5.69%
2003-12-31	$C$0.24 B	-10.12%
2002-12-31	$C$0.27 B	7.52%
2001-12-31	$C$0.25 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Marten Transport MRTN	C$1.07 B	77.67%	🇺🇸 USA
Knight-Swift KNX	C$9.93 B	1,537.40%	🇺🇸 USA
Heartland Express HTLD	C$1.17 B	93.90%	🇺🇸 USA
Werner Enterprises WERN	C$2.10 B	246.08%	🇺🇸 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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