Is it safe?
Can CVLG take a bad year?
Covenant Logistics Group, Inc. carries $286M of net debt at 3.06× EBITDA: a load its earnings can carry.
$286M
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.06×
Net debt / EBITDA · 2.00× a year ago · the load is going up
- Cash runway
- 0.1 years
Cash runway · burning $9.5M a quarter at the current rate
- Annualised volatility
- 41%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $289M
- Cash and short-term investments
- $2.6M
- Net debt
- $286M
- EBITDA, trailing twelve months
- $93M
- Operating profit, trailing twelve months
- −$1.1M
- Debt / equity
- 0.70×
- Total debt / EBITDA
- 3.09×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −80%
- Below its 52-week high
- −29%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.