CSIMarket
 


Covenant Transportation Group Inc  (CVTI)
Other Ticker:  
 

Covenant Transportation Group Inc's Working Capital Ratio

CVTI's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth




CVTI Working Capital Ratio (Dec 31 2019)
IV. Quarter
(Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Dec 31 2018)
IV. Quarter
(Sep 30 2018)
III. Quarter
Y / Y Current Liabilities Change 26.58 % 63.25 % 68.12 % 56.77 % 41.76 %
Y / Y Current Assets Change 32.81 % -7.52 % 31.33 % 30.39 % 28.37 %
Working Capital Ratio MRQ 1.58 1.61 1.7 1.66 1.5
Overall Ranking # # # # #
Seq. Current Liabilities Change 5.51 % 15.2 % 4.19 % -0.05 % 36.07 %
Seq. Current Assets Change 3.38 % 9.07 % 6.6 % 10.5 % -28.01 %



Working Capital Ratio forth quarter 2019 Comment
Due to increase in Current Liabilities in the forth quarter 2019, Working Capital Ratio fell to 1.58 below Covenant Transportation Group Inc average.

Within Transport & Logistics industry 8 other companies have achieved higher Working Capital Ratio than Covenant Transportation Group Inc in forth quarter 2019. While total ranking remained unchanged compare to previous quarter at no. .

Explain Working Capital Ratio
Where is CVTI most successful ?
Working Capital Ratio CVTI on the trailing twelve month basis
Working Capital Ratio forth quarter 2019 Company Ranking
Within: No.
Transport & Logistics Industry # 9
Transportation Sector # 20
Overall Market # 2110


Working Capital Ratio Statistics
High Average Low
2.84 1.36 0.72
(Jun 30 2018)   (Dec 31 2011)




Financial Statements
Covenant Transportation Group Inc's Current Liabilities $ 161 Millions Visit CVTI's Balance sheet
Covenant Transportation Group Inc's Current Assets $ 254 Millions Visit CVTI's Balance sheet
Source of CVTI's Sales Visit CVTI's Sales by Geography




Companies with similar Working Capital Ratio in the quarter endingDec 31 2019, within Transport & Logistics Industry Working Capital RatioDec 31 2019 MRQ Current AssetsDec 31 2019 MRQ Current Liabilities
Schneider National Inc   3.02 $ 1,405.700  Millions$ 465.200  Millions
Verra Mobility Corporation  2.60 $ 272.438  Millions$ 104.881  Millions
Heartland Express Inc   2.39 $ 151.814  Millions$ 63.407  Millions
Old Dominion Freight Line Inc   2.39 $ 866.834  Millions$ 363.238  Millions
Expeditors International Of Washington Inc   2.37 $ 2,769.923  Millions$ 1,168.318  Millions
Marten Transport Ltd  2.02 $ 154.166  Millions$ 76.326  Millions
Landstar System Inc  1.80 $ 997.888  Millions$ 552.904  Millions
Forward Air Corp  1.72 $ 236.318  Millions$ 137.164  Millions
C h Robinson Worldwide Inc   1.70 $ 2,640.118  Millions$ 1,556.038  Millions
Patriot Transportation Holding, Inc.  1.62 $ 31.919  Millions$ 19.669  Millions
Covenant Transportation Group Inc  1.58 $ 254.385  Millions$ 161.257  Millions
Air T Inc   1.56 $ 117.371  Millions$ 75.233  Millions
Werner Enterprises Inc   1.51 $ 466.334  Millions$ 308.840  Millions
Arcbest Corporation  1.50 $ 664.402  Millions$ 444.277  Millions
Echo Global Logistics inc   1.46 $ 336.193  Millions$ 230.409  Millions
Hunt J B Transport Services Inc  1.43 $ 1,481.299  Millions$ 1,035.766  Millions
Autoweb Inc   1.40 $ 31.262  Millions$ 22.311  Millions
Radiant Logistics Inc  1.29 $ 134.777  Millions$ 104.707  Millions
Hub Group Inc   1.26 $ 640.221  Millions$ 507.364  Millions
Fedex Corp  1.25 $ 13,198.000  Millions$ 10,547.000  Millions
Usa Truck inc   1.22 $ 66.524  Millions$ 54.570  Millions
United Parcel Service Inc   1.21 $ 17,103.000  Millions$ 14,082.000  Millions
Diamond S Shipping Inc   1.16 $ 209.550  Millions$ 180.385  Millions
Universal Logistics Holdings Inc   1.08 $ 271.843  Millions$ 251.575  Millions
Xpo Logistics Inc   1.03 $ 3,342.000  Millions$ 3,258.000  Millions
Air Transport Services Group Inc   1.01 $ 266.791  Millions$ 263.239  Millions
Roadrunner Transportation Systems Inc   0.96 $ 264.501  Millions$ 274.136  Millions
Saia Inc   0.96 $ 232.379  Millions$ 241.246  Millions
Yrc Worldwide Inc   0.95 $ 618.200  Millions$ 652.000  Millions
Knight swift Transportation Holdings Inc   0.90 $ 890.028  Millions$ 993.038  Millions


             
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

VRA's Profile

Stock Price

VRA's Financials

Business Description

Fundamentals

Charts & Quotes

VRA's News

Suppliers

VRA's Competitors

Customers & Markets

Economic Indicators

VRA's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Indices

Sectors & Industries

Financials

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2020 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. 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
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071