Covenant Change In Cash from 2010 to 2026

CV5 Stock  EUR 24.20  0.20  0.83%   
Covenant Logistics' Change In Cash is increasing over the last several years with slightly volatile swings. Change In Cash is estimated to finish at about 40.2 M this year. During the period from 2010 to 2026 Covenant Logistics Group Change In Cash regressed destribution of quarterly values had coefficient of variationof  2,170 and r-value of  0.53. View All Fundamentals
 
Change In Cash  
First Reported
2018-06-30
Previous Quarter
-11.1 M
Current Value
2.5 M
Quarterly Volatility
30 M
 
Covid
 
Interest Hikes
Check Covenant Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Covenant Logistics' main balance sheet or income statement drivers, such as Interest Expense of 16.4 M, Selling General Administrative of 88.9 M or Total Revenue of 1 B, as well as many indicators such as . Covenant financial statements analysis is a perfect complement when working with Covenant Logistics Valuation or Volatility modules.
  
This module can also supplement various Covenant Logistics Technical models . Check out the analysis of Covenant Logistics Correlation against competitors.
The Change In Cash trend for Covenant Logistics Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Covenant Logistics is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Covenant Logistics' Change In Cash Growth Pattern

Below is the plot of the Change In Cash of Covenant Logistics Group over the last few years. It is Covenant Logistics' Change In Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Covenant Logistics' overall financial position and show how it may be relating to other accounts over time.
Change In Cash10 Years Trend
Slightly volatile
   Change In Cash   
       Timeline  

Covenant Change In Cash Regression Statistics

Arithmetic Mean1,362,040
Geometric Mean12,096,133
Coefficient Of Variation2,170
Mean Deviation23,570,160
Median5,000
Standard Deviation29,553,836
Sample Variance873.4T
Range112.1M
R-Value0.53
Mean Square Error670.8T
R-Squared0.28
Significance0.03
Slope3,096,833
Total Sum of Squares13974.9T

Covenant Change In Cash History

202640.2 M
202538.3 M
202433.3 M
2023-51.9 M
202260.3 M
2021 5000.0
2020-35.2 M

About Covenant Logistics Financial Statements

Covenant Logistics stakeholders use historical fundamental indicators, such as Covenant Logistics' Change In Cash, to determine how well the company is positioned to perform in the future. Although Covenant Logistics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Covenant Logistics' assets and liabilities are reflected in the revenues and expenses on Covenant Logistics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Covenant Logistics Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change In Cash38.3 M40.2 M

Currently Active Assets on Macroaxis

When determining whether Covenant Logistics is a strong investment it is important to analyze Covenant Logistics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Covenant Logistics' future performance. For an informed investment choice regarding Covenant Stock, refer to the following important reports:
Check out the analysis of Covenant Logistics Correlation against competitors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
It's important to distinguish between Covenant Logistics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Covenant Logistics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Covenant Logistics' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.