CVLG
Covenant Logistics Group Inc
Price:  
58.39 
USD
Volume:  
50,167.00
United States | Road & Rail
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CVLG WACC - Weighted Average Cost of Capital

The WACC of Covenant Logistics Group Inc (CVLG) is 8.5%.

The Cost of Equity of Covenant Logistics Group Inc (CVLG) is 10.15%.
The Cost of Debt of Covenant Logistics Group Inc (CVLG) is 4.90%.

Range Selected
Cost of equity 8.80% - 11.50% 10.15%
Tax rate 24.40% - 25.30% 24.85%
Cost of debt 4.80% - 5.00% 4.90%
WACC 7.5% - 9.5% 8.5%
WACC

CVLG WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 1.06 1.18
Additional risk adjustments 0.0% 0.5%
Cost of equity 8.80% 11.50%
Tax rate 24.40% 25.30%
Debt/Equity ratio 0.33 0.33
Cost of debt 4.80% 5.00%
After-tax WACC 7.5% 9.5%
Selected WACC 8.5%