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Elite Express HoldingETS -12.19%13 Equity-to-Asset is 0.99 as of May. 2026, which is 9% above its 10-year median of 0.91. GuruFocus rates ETS with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 1,014 Transportation companies, Elite Express Holding ranks better than 99.7% on this metric.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Elite Express Holding Equity-to-Asset Related Terms
Elite Express Holding Equity-to-Asset Historical Data
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The historical data trend for Elite Express Holding's Equity-to-Asset 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.
ETS vs TOPP, TLSS, YGMZF: Equity-to-Asset Comparison
For the Trucking subindustry, Elite Express Holding's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Elite Express Holding's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Elite Express Holding's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Elite Express Holding's Equity to Asset Ratio for the fiscal year that ended in Nov. 2025 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.
Elite Express Holding (ETS) has a Equity-to-Asset of 0.99 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Elite Express Holding and its competitors. This is near median its historical median of 0.91. Over the past decade, Elite Express Holding's Equity-to-Asset has ranged from 0.06 to 0.99. According to the industry distribution chart, Elite Express Holding ranks #3 out of 1014 companies in the Transportation industry, placing it in the top 0.3%.
Is Elite Express Holding's Equity-to-Asset too high?
Elite Express Holding's current Equity-to-Asset of 0.99 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.99. The Transportation industry median Equity-to-Asset is 0.50. Elite Express Holding's value of 0.99 is 98% above this industry median. Based on the distribution chart, Elite Express Holding ranks #3 out of 1014 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 Equity-to-Asset compare to TOPP and TLSS?
According to the Transportation industry distribution chart, Elite Express Holding ranks #3 out of 1014 companies for Equity-to-Asset. This places Elite Express Holding in the top 0% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.50. Elite Express Holding's value of 0.99 is 98% above this benchmark. Historically, Elite Express Holding's own Equity-to-Asset has ranged from 0.06 to 0.99 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.50, 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 Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elite Express Holding's current Equity-to-Asset of 0.99 is 98% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Elite Express Holding and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Express Holding's current Equity-to-Asset is 0.99, which is near median its own 10-year median of 0.91. 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 Equity-to-Asset of 0.99. The current Equity-to-Asset is 0.99, which is near median its 10-year median of 0.91 and 98% above the Transportation industry median of 0.50. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Elite Express Holding (ETS), the current Equity-to-Asset is 0.99 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 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.
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