ETS (Elite Express Holding) Debt-to-EBITDA : -0.01 (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 $1.00
! 3 Warning Signs
View Full Analysis

What is Elite Express Holding Debt-to-EBITDA?

Elite Express Holding ETS -10.56% 13 Debt-to-EBITDA is -0.01 as of May. 2026. GuruFocus rates ETS with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 866 Transportation companies, Elite Express Holding ranks worse than 115473.33% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Elite Express Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.06 Mil. Elite Express Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.00 Mil. Elite Express Holding's annualized EBITDA for the quarter that ended in May. 2026 was $-10.96 Mil. Elite Express Holding's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was -0.01.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Elite Express Holding's Debt-to-EBITDA or its related term are showing as below:

ETS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.02   Med: 6.46   Max: 12.94
Current: -0.01

During the past 3 years, the highest Debt-to-EBITDA Ratio of Elite Express Holding was 12.94. The lowest was -0.02. And the median was 6.46.

ETS's Debt-to-EBITDA is ranked worse than
100% of 866 companies
in the Transportation industry
Industry Median: 2.575 vs ETS: -0.01

Elite Express Holding  (NAS:ETS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Elite Express Holding Debt-to-EBITDA Related Terms


Elite Express Holding Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Elite Express Holding's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

Elite Express Holding Annual Data
Trend Nov23 Nov24 Nov25
Debt-to-EBITDA
12.94 N/A -0.02

Elite Express Holding Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 -0.05 -0.01 -0.01 -0.01

ETS vs TOPP, TLSS, YGMZF: Debt-to-EBITDA Comparison

For the Trucking subindustry, Elite Express Holding's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Elite Express Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Elite Express Holding's Debt-to-EBITDA falls into.


ETS
13GF Score
Elite Express Holding Inc ETS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elite Express Holding Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Elite Express Holding's Debt-to-EBITDA for the fiscal year that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.039 + 0) / -2.25
=-0.02

Elite Express Holding's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.055 + 0) / -10.964
=-0.01

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (May. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.01 mean?
Elite Express Holding (ETS) has a Debt-to-EBITDA of -0.01 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Elite Express Holding. According to the industry distribution chart, Elite Express Holding ranks #999999 out of 866 companies in the Transportation industry.
Is Elite Express Holding's Debt-to-EBITDA too high?
Elite Express Holding's current Debt-to-EBITDA is -0.01. Based on the distribution chart, Elite Express Holding ranks #999999 out of 866 companies in the Transportation industry, which is in the bottom quartile 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 Debt-to-EBITDA compare to TOPP and TLSS?
According to the Transportation industry distribution chart, Elite Express Holding ranks #999999 out of 866 companies for Debt-to-EBITDA. This places Elite Express Holding in the lower half of its industry. The industry median Debt-to-EBITDA is 2.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.58, based on 866 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Elite Express Holding. For the Transportation industry, the median Debt-to-EBITDA is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Express Holding's current Debt-to-EBITDA is -0.01. 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 Debt-to-EBITDA of -0.01. The current Debt-to-EBITDA is -0.01. 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 Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Elite Express Holding (ETS), the current Debt-to-EBITDA is -0.01 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

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.00
Price