Covenant Logistics Group Stock Total Asset
| CV5 Stock | EUR 53.00 1.00 1.92% |
Covenant Logistics Group fundamentals help investors to digest information that contributes to Covenant Logistics' financial success or failures. It also enables traders to predict the movement of Covenant Stock. The fundamental analysis module provides a way to measure Covenant Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Covenant Logistics stock.
Covenant |
Covenant Logistics Group Company Total Asset Analysis
Covenant Logistics' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Covenant Logistics Total Asset | 651.66 M |
Most of Covenant Logistics' fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Covenant Logistics Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Covenant Logistics Group has a Total Asset of 651.66 M. This is 83.73% lower than that of the Industrials sector and 70.45% lower than that of the Trucking industry. The total asset for all Germany stocks is 97.79% higher than that of the company.
Covenant Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Covenant Logistics' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Covenant Logistics could also be used in its relative valuation, which is a method of valuing Covenant Logistics by comparing valuation metrics of similar companies.Covenant Logistics is currently under evaluation in total asset category among its peers.
Covenant Fundamentals
| Return On Equity | 0.3 | |||
| Return On Asset | 0.0758 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 558.97 M | |||
| Shares Outstanding | 11.14 M | |||
| Shares Owned By Insiders | 30.68 % | |||
| Shares Owned By Institutions | 68.79 % | |||
| Price To Earning | 147.37 X | |||
| Price To Book | 1.32 X | |||
| Price To Sales | 0.39 X | |||
| Revenue | 1.22 B | |||
| Gross Profit | 238.11 M | |||
| EBITDA | 145.88 M | |||
| Net Income | 108.68 M | |||
| Cash And Equivalents | 4.97 M | |||
| Cash Per Share | 0.30 X | |||
| Total Debt | 20.35 M | |||
| Debt To Equity | 0.30 % | |||
| Current Ratio | 1.12 X | |||
| Book Value Per Share | 27.29 X | |||
| Cash Flow From Operations | 73.22 M | |||
| Earnings Per Share | 6.56 X | |||
| Target Price | 31.67 | |||
| Number Of Employees | 28 | |||
| Beta | 1.42 | |||
| Market Capitalization | 435.41 M | |||
| Total Asset | 651.66 M | |||
| Z Score | 13.6 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 651.66 M |
About Covenant Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Covenant Logistics Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Covenant Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Covenant Logistics Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.