Regardless of the sequential decrease in Current Liabilities, during the second quarter 2026, Quick Ratio deteriorated to 0.01 below Covenant Logistics Group Inc 's average Quick Ratio.

Within Transport & Logistics industry 16 other companies have achieved higher Quick Ratio than Covenant Logistics Group Inc in second quarter 2026. While Quick Ratio total ranking in the second quarter 2026 has deteriorated compared to the prior quarter from 1964 to 4266.

Explain Quick Ratio?
How much Cash & cash equivalents CVLG�s has?
What are CVLG�s Current Liabilities?

Select the Comparisons :

None ▼

Select the Ratio:

Quick Ratio ▼

None ▼

Quick Ratio ▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

CVLG Quick Ratio	(Jun 30 2026) Q2	(Mar 31 2026) Q1	(Dec 31 2025) Q4	(Sep 30 2025) Q3	(Jun 30 2025) Q2
Y / Y Current Liabilities Change	7.5 %	23.05 %	12.52 %	-1.13 %	-4.13 %
Y / Y Cash & cash equivalent Change	1728.67 %	0.05 %	-86.11 %	-92.37 %	-88.83 %
Quick Ratio MRQ	0.01	0.06	0.02	0.01	0
CVLG's Total Ranking	# 4266	# 1964	# 2522	# 3044	# 2554
Seq. Current Liabilities Change	-4.33 %	-0.88 %	5.99 %	6.95 %	9.51 %
Seq. Cash & cash equivalent Change	-76.75 %	127.36 %	84.14 %	1778.32 %	-98.73 %

Quick Ratio second quarter 2026 Company Ranking
Within:	No.
Transport & Logistics Industry	# 17
Transportation Sector	# 60
Overall Market	# 4266

Quick Ratio Statistics
High	Average	Low
1.3	0.15	0
(Jun 30 2018)		(Jun 30 2025)

Financial Statements
Covenant Logistics Group Inc 's Current Liabilities	$ 193 Millions	Visit CVLG's Balance sheet
Covenant Logistics Group Inc 's Cash & cash equivalent	$ 3 Millions	Visit CVLG's Balance sheet
Source of CVLG's Sales		Visit CVLG's Sales by Geography

Cumulative Covenant Logistics Group Inc 's Quick Ratio

CVLG's Quick Ratio for the trailling 12 Months

CVLG Quick Ratio	(Jun 30 2026) 12 Months	(Mar 31 2026) 12 Months	(Dec 31 2025) 12 Months	(Sep 30 2025) 12 Months	(Jun 30 2025) 12 Months
Y / Y Current Liabilities TTM Growth	9.98 %	6.95 %	0.49 %	-1.11 %	2.48 %
Y / Y Cash & cash equivalent TTM Growth	-73.85 %	-77.18 %	-74.66 %	19.09 %	490.76 %
Quick Ratio TTM	0.03	0.02	0.03	0.07	0.11
Total Ranking TTM	# 4144	# 1717	# 2021	# 2553	# 2779
Seq. Current Liabilities TTM Growth	1.73 %	5.11 %	3.16 %	-0.31 %	-1.07 %
Seq. Cash & cash equivalent TTM Growth	13 %	0.03 %	-61.73 %	-39.55 %	-1.36 %

Quick ratio ranking by company, industry and sector >> Back to CVLG Financial Strength Comparisons >> Go to Compare CVLG Quick Ratio to its Competitors

On the trailing twelve months basis CVLG Cash & cash equivalent more than doubled by 1728.67 % in Q2 2026 year on year, faster than Current Liabilities, this led to increase in in Covenant Logistics Group Inc 's Quick Ratio to 0.03, Quick Ratio remained below CVLG average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Transport & Logistics industry 17 other companies have achieved higher Quick Ratio than Covenant Logistics Group Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2026 from 1717 to 4144.

Explain Quick Ratio?
How much Cash & cash equivalents CVLG�s has?
What are CVLG�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Transport & Logistics Industry	# 18
Transportation Sector	# 59
Within the Market	# 4144

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.54	0.17	0.02
(Jun 30 2018)		(Jun 30 2024)

Companies with similar Quick Ratio in the quarter ending Jun 30 2026, within Transport & Logistics Industry	Quick Ratio	Jun 30 2026 MRQ Cash & cash equivalent	Jun 30 2026 MRQ Current Liabilities
Covenant Logistics Group Inc	0.01	$ 2.615 Millions	$ 193.424 Millions
J b Hunt Transport Services Inc	0.00	$ 4.162 Millions	$ 1,444.663 Millions

Date modified: 2026-09-05T07:03:12+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.