ETS (Elite Express Holding) Current Ratio: 71.24 (As of May. 2026) — 451% Above Median

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ETS Elite Express Holding Inc ETS
13 GF Score
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What is Elite Express Holding Current Ratio?

Elite Express Holding ETS -10.56% 13 Current Ratio is 71.24 as of May. 2026, which is 451% above its 10-year median of 12.93. GuruFocus rates ETS with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 1,010 Transportation companies, Elite Express Holding ranks better than 99.7% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Elite Express Holding's current ratio for the quarter that ended in May. 2026 was 71.24.

Elite Express Holding has a current ratio of 71.24. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Elite Express Holding's Current Ratio or its related term are showing as below:

ETS' s Current Ratio Range Over the Past 10 Years
Min: 0.59   Med: 12.93   Max: 71.24
Current: 71.24

During the past 3 years, Elite Express Holding's highest Current Ratio was 71.24. The lowest was 0.59. And the median was 12.93.

ETS's Current Ratio is ranked better than
99.7% of 1010 companies
in the Transportation industry
Industry Median: 1.46 vs ETS: 71.24

Elite Express Holding  (NAS:ETS) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Elite Express Holding Current Ratio Related Terms


Elite Express Holding Current Ratio Historical Data

* Premium members only.

The historical data trend for Elite Express Holding's Current Ratio 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 Ratio Chart

Elite Express Holding Annual Data
Trend Nov23 Nov24 Nov25
Current Ratio
0.59 0.97 24.14

Elite Express Holding Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.71 51.14 24.14 44.75 71.24

ETS vs TOPP, TLSS, YGMZF: Current Ratio Comparison

For the Trucking subindustry, Elite Express Holding's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elite Express Holding Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Elite Express Holding's Current Ratio distribution charts can be found below:

* The bar in red indicates where Elite Express Holding's Current Ratio falls into.


ETS
13GF Score
Elite Express Holding Inc ETS
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Express Holding Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Elite Express Holding's Current Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Current Ratio (A: Nov. 2025 )=Total Current Assets (A: Nov. 2025 )/Total Current Liabilities (A: Nov. 2025 )
=12.382/0.513
=24.14

Elite Express Holding's Current Ratio for the quarter that ended in May. 2026 is calculated as

Current Ratio (Q: May. 2026 )=Total Current Assets (Q: May. 2026 )/Total Current Liabilities (Q: May. 2026 )
=17.525/0.246
=71.24

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 71.24 mean?
Elite Express Holding (ETS) has a Current Ratio of 71.24 as of May. 2026. This is 451% above median its historical median of 12.93. Over the past decade, Elite Express Holding's Current Ratio has ranged from 0.59 to 71.24. According to the industry distribution chart, Elite Express Holding ranks #3 out of 1010 companies in the Transportation industry, placing it in the top 0.3%.
Is Elite Express Holding's Current Ratio too high?
Elite Express Holding's current Current Ratio of 71.24 is 451% above median its 10-year median of 12.93. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 71.24. The Transportation industry median Current Ratio is 1.46. Elite Express Holding's value of 71.24 is 4779.5% above this industry median. Based on the distribution chart, Elite Express Holding ranks #3 out of 1010 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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 Ratio compare to TOPP and TLSS?
According to the Transportation industry distribution chart, Elite Express Holding ranks #3 out of 1010 companies for Current Ratio. This places Elite Express Holding in the top 0% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.46. Elite Express Holding's value of 71.24 is 4779.5% above this benchmark. Historically, Elite Express Holding's own Current Ratio has ranged from 0.59 to 71.24 over the past decade. While the company's 10-year median is 12.93 vs. the industry median of 1.46, Elite Express Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.46, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elite Express Holding's current Current Ratio of 71.24 is 4779.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Express Holding's current Current Ratio is 71.24, which is 451% above median its own 10-year median of 12.93. 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 Ratio of 71.24. The current Current Ratio is 71.24, which is 451% above median its 10-year median of 12.93 and 4779.5% above the Transportation industry median of 1.46. Elite Express Holding's overall GF Score™ is 13/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Elite Express Holding (ETS), the current Current Ratio is 71.24 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

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