ETS (Elite Express Holding) Debt-to-Equity: 0.00 (As of May. 2026)

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ETS Elite Express Holding Inc ETS
13 GF Score
Price $0.83
! 2 Warning Signs
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What is Elite Express Holding Debt-to-Equity?

Elite Express Holding ETS -17.27% 13 Debt-to-Equity is 0.00 as of May. 2026. GuruFocus rates ETS with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 912 Transportation companies, Elite Express Holding ranks worse than 109649.01% on this metric.

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 Total Stockholders Equity for the quarter that ended in May. 2026 was $18.55 Mil. Elite Express Holding's debt to equity for the quarter that ended in May. 2026 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

During the past 3 years, the highest Debt-to-Equity Ratio of Elite Express Holding was 16.18. The lowest was 0.00. And the median was 0.00.

ETS's Debt-to-Equity is not ranked *
in the Transportation industry.
Industry Median: 0.53
* Ranked among companies with meaningful Debt-to-Equity only.

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

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


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Elite Express Holding Debt-to-Equity Related Terms


Elite Express Holding Debt-to-Equity Historical Data

* Premium members only.

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

Elite Express Holding Annual Data
Trend Nov23 Nov24 Nov25
Debt-to-Equity
16.18 0.02 0.00

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

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

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

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

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


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

Debt to Equity measures the financial leverage a company has.

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

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

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Elite Express Holding (ETS) has a Debt-to-Equity of 0.00 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Elite Express Holding and its competitors. According to the industry distribution chart, Elite Express Holding ranks #999999 out of 912 companies in the Transportation industry.
Is Elite Express Holding's Debt-to-Equity too high?
Elite Express Holding's current Debt-to-Equity is 0.00. Based on the distribution chart, Elite Express Holding ranks #999999 out of 912 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-Equity compare to TOPP and TLSS?
According to the Transportation industry distribution chart, Elite Express Holding ranks #999999 out of 912 companies for Debt-to-Equity. This places Elite Express Holding in the lower half of its industry. The industry median Debt-to-Equity is 0.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 912 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Elite Express Holding and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Express Holding's current Debt-to-Equity is 0.00. 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-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Elite Express Holding (ETS), the current Debt-to-Equity is 0.00 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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