ETS (Elite Express Holding) Current Accrued Expense: $0.11 Mil (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ETS Elite Express Holding Inc ETS
13 GF Score
Price $0.85
! 2 Warning Signs
View Full Analysis

What is Elite Express Holding Current Accrued Expense?

Elite Express Holding ETS -14.54% 13 Current Accrued Expense is $0.11 Mil as of May. 2026. GuruFocus rates ETS with a GF Score™ of 13/100. The stock has 2 warning signs investors should review.

Elite Express Holding's Current Accrued Expense for the quarter that ended in May. 2026 was $0.11 Mil.

Elite Express Holding's quarterly Current Accrued Expense declined from Nov. 2025 ($0.29 Mil) to Feb. 2026 ($0.12 Mil) and declined from Feb. 2026 ($0.12 Mil) to May. 2026 ($0.11 Mil).

Elite Express Holding's annual Current Accrued Expense increased from Nov. 2023 ($0.04 Mil) to Nov. 2024 ($0.21 Mil) and increased from Nov. 2024 ($0.21 Mil) to Nov. 2025 ($0.29 Mil).

Elite Express Holding Current Accrued Expense Related Terms

Elite Express Holding Current Accrued Expense Historical Data

* Premium members only.

The historical data trend for Elite Express Holding's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Elite Express Holding Current Accrued Expense Chart

Elite Express Holding Annual Data
Trend Nov23 Nov24 Nov25
Current Accrued Expense
0.04 0.21 0.29

Elite Express Holding Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.20 0.05 0.29 0.12 0.11
ETS
13GF Score
Elite Express Holding Inc ETS
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elite Express Holding Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $0.11 Mil mean?
Elite Express Holding (ETS) has a Current Accrued Expense of $0.11 Mil as of May. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Elite Express Holding and its competitors.
Is Elite Express Holding's Current Accrued Expense too high?
Elite Express Holding's current Current Accrued Expense is $0.11 Mil. Overall, Elite Express Holding has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Elite Express Holding's Current Accrued Expense compare to TOPP and TLSS?
Elite Express Holding's Current Accrued Expense of $0.11 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Transportation company?
A good Current Accrued Expense depends on the Transportation industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Elite Express Holding and its competitors. Elite Express Holding's current Current Accrued Expense is $0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Express Holding stock overvalued right now?
Elite Express Holding (ETS) has a current Current Accrued Expense of $0.11 Mil. The current Current Accrued Expense is $0.11 Mil. Elite Express Holding's overall GF Score™ is 13/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Elite Express Holding (ETS), the current Current Accrued Expense is $0.11 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Elite Express Holding Business Description

Address 23046 Avenida De La Carlota, Suite 600, Laguna Hills, CA, USA, 92653
Elite Express Holding Inc is a holding company that operates through its wholly owned subsidiary and specializes in last-mile delivery services within California. Its core business focuses on retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients doorsteps. Committed to innovation and efficiency, its mission is to optimize last-mile logistics by providing efficient, reliable delivery solutions. The company mainly competes in the route delivery industry, which has several material barriers of entry, including: Substantial time and capital investment, Technological proficiency, Regulatory barriers, Balancing service quality and cost efficiency, and Effective Management.
13GF Score

Get the complete analysis for ETS

Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.85
Price