CV5 Stock | | | EUR 53.00 1.00 1.92% |
Director
Mr. Bradley A. Moline is an Independent Director of Covenant Transportation Group Inc. Mr. Moline currently serves as a member of our Audit Committee and Nominating Committee. Mr. Moline was President and CEO of ALLO Communications, LLC, a telecommunications company and majority owned subsidiary of Nelnet, Inc., since October 2002. He also serves on the board of directors of ALLO Communications, LLC. Mr. Moline also was the owner, President, and CEO of Imperial Super Foods, a grocery store in Imperial, Nebraska, since February 2002 and NECO Grocery, with grocery operations in Colorado, since March 2006. From 1994 to 1997, Mr. Moline was our Treasurer and CFO since 2003.
Age | 52 |
Tenure | 21 years |
Professional Marks | CPA |
Phone | 423 821 1212 |
Web | https://www.covenantlogistics.com |
Moline also served as CFO of Birch Telecom Inc., a telecommunications company, when the company debt securities were publicly traded and previously worked for Ernst & Young, where he was formerly licensed as a CPA. In his roles with the Company, Birch Telecom, and Ernst & Young, Mr. Moline gained experience overseeing financial matters and reviewing documents filed with the SEC. The Board believes Mr. Moline extensive financial and executive experience add significant value to our Audit Committee and make Mr. Moline a valued member of our Board. The Board also believes Mr. Moline wide array of executive experiences, including from his service as the Company CFO, has prepared him well to respond to complex financial and operational challenges. The Board further believes that Mr
Covenant Logistics Management Efficiency
The company has return on total asset
(ROA) of
0.0758 % which means that it generated a profit of $0.0758 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.2958 %, meaning that it generated $0.2958 on every $100 dollars invested by stockholders. Covenant Logistics' management efficiency ratios could be used to measure how well Covenant Logistics manages its routine affairs as well as how well it operates its assets and liabilities.
Covenant Logistics Group has accumulated 20.35
M in total debt with debt to equity ratio
(D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Covenant Logistics has a current ratio of 1.1, suggesting that it
is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Covenant Logistics until it has trouble settling it off, either with new capital or with free cash flow. So, Covenant Logistics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Covenant Logistics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Covenant to invest in growth at high rates of return. When we think about Covenant Logistics' use of debt, we should always consider it together with cash and equity.
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee. COVENANT LOG operates under Trucking classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4900 people. Covenant Logistics Group (CV5) is traded on Frankfurt Exchange in Germany and employs 28 people.
Management Performance
Covenant Logistics Leadership Team
Elected by the shareholders, the Covenant Logistics' board of directors comprises two types of representatives: Covenant Logistics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Covenant. The board's role is to monitor Covenant Logistics' management team and ensure that shareholders' interests are well served. Covenant Logistics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Covenant Logistics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| M Bunn, Executive Vice President Chief Accounting Officer, Treasurer | |
| W Welborn, Independent Director | |
| James Heartfield, Chief Human Resource Officer, General Counsel | |
| Samuel Hough, Executive Vice President and Chief operating officer of CTI | |
| Lynn Doster, Ex Operations | |
| John Tweed, Chief Operating Officer of Landair, Executive Vice President | |
| T Rogers, Executive Vice President Chief Transformation Officer | |
| Joey Ballard, Ex Safety | |
| James Grant, Chief Accounting Officer, Corporate Controller | |
| Paul Bunn, Chief Accounting Officer, Treasurer | |
| David Parker, Chairman of the Board, Chief Executive Officer | |
| Joey Hogan, Co-President, Chief Administrative Officer | |
| Matthew Anderson, VP Marketing | |
| James III, Ex CFO | |
| Rachel ParkerHatchett, Director | |
| William Alt, Independent Director | |
| Herbert Schmidt, Independent Director | |
| Richard Cribbs, Chief Financial Officer, Executive Vice President, Principal Accounting Officer | |
| Bradley Moline, Independent Director | |
| James ESQ, G Counsel | |
| D Kramer, Director | |
| Robert Bosworth, Lead Independent Director | |
Covenant Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Covenant Logistics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Other Information on Investing in Covenant Stock
Covenant Logistics financial ratios help investors to determine whether Covenant Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Covenant with respect to the benefits of owning Covenant Logistics security.