ETS (Elite Express Holding) Liabilities-to-Assets : 0.01 (As of May. 2026)

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ETS Elite Express Holding Inc ETS
13 GF Score
Price $1.00
! 3 Warning Signs
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What is Elite Express Holding Liabilities-to-Assets?

Elite Express Holding ETS -10.56% 13 Liabilities-to-Assets 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.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Elite Express Holding's Total Liabilities for the quarter that ended in May. 2026 was $0.25 Mil. Elite Express Holding's Total Assets for the quarter that ended in May. 2026 was $18.80 Mil. Therefore, Elite Express Holding's Liabilities-to-Assets Ratio for the quarter that ended in May. 2026 was 0.01.


Elite Express Holding  (NAS:ETS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Elite Express Holding Liabilities-to-Assets Related Terms


Elite Express Holding Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Elite Express Holding's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Elite Express Holding Annual Data
Trend Nov23 Nov24 Nov25
Liabilities-to-Assets
0.95 0.25 0.04

Elite Express Holding Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.14 0.02 0.04 0.02 0.01

ETS vs TOPP, TLSS, YGMZF: Liabilities-to-Assets Comparison

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

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

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


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

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Elite Express Holding's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2025 is calculated as:

Liabilities-to-Assets (A: Nov. 2025 )=Total Liabilities/Total Assets
=0.513/13.705
=0.04

Elite Express Holding's Liabilities-to-Assets Ratio for the quarter that ended in May. 2026 is calculated as

Liabilities-to-Assets (Q: May. 2026 )=Total Liabilities/Total Assets
=0.246/18.795
=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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.01 mean?
Elite Express Holding (ETS) has a Liabilities-to-Assets of 0.01 as of May. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Elite Express Holding and its competitors.
Is Elite Express Holding's Liabilities-to-Assets too high?
Elite Express Holding's current Liabilities-to-Assets is 0.01. 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 Liabilities-to-Assets compare to TOPP and TLSS?
Elite Express Holding's Liabilities-to-Assets of 0.01 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 Liabilities-to-Assets for a Transportation company?
A good Liabilities-to-Assets depends on the Transportation industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Elite Express Holding and its competitors. Elite Express Holding's current Liabilities-to-Assets 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 Liabilities-to-Assets of 0.01. The current Liabilities-to-Assets 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 Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Elite Express Holding (ETS), the current Liabilities-to-Assets 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

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

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