ETS (Elite Express Holding) Other Current Assets: $1.98 Mil (As of May. 2026)

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ETS Elite Express Holding Inc ETS
13 GF Score
Price $1.00
! 2 Warning Signs
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What is Elite Express Holding Other Current Assets?

Elite Express Holding ETS -10.56% 13 Other Current Assets is $1.98 Mil as of May. 2026. GuruFocus rates ETS with a GF Score™ of 13/100. The stock has 2 warning signs investors should review.

Elite Express Holding's other current assets for the quarter that ended in May. 2026 was $1.98 Mil.

Elite Express Holding's quarterly other current assets increased from Nov. 2025 ($1.00 Mil) to Feb. 2026 ($1.56 Mil) and increased from Feb. 2026 ($1.56 Mil) to May. 2026 ($1.98Mil).

Elite Express Holding's annual other current assets increased from Nov. 2023 ($0.00 Mil) to Nov. 2024 ($0.11 Mil) increased from Nov. 2024 ($0.11 Mil) to Nov. 2025 ($1.00 Mil).


Elite Express Holding Other Current Assets Related Terms


Elite Express Holding Other Current Assets Historical Data

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

Elite Express Holding Annual Data
Trend Nov23 Nov24 Nov25
Other Current Assets
0.00 0.11 1.00

Elite Express Holding Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.32 0.20 1.00 1.56 1.98
ETS
13GF Score
Elite Express Holding Inc ETS
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Express Holding Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of $1.98 Mil mean?
Elite Express Holding (ETS) has a Other Current Assets of $1.98 Mil as of May. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Elite Express Holding.
Is Elite Express Holding's Other Current Assets too high?
Elite Express Holding's current Other Current Assets is $1.98 Mil. 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 Other Current Assets compare to TOPP and TLSS?
Elite Express Holding's Other Current Assets of $1.98 Mil 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 Other Current Assets for a Transportation company?
A good Other Current Assets depends on the Transportation industry context. However, Other Current 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 Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Elite Express Holding. Elite Express Holding's current Other Current Assets is $1.98 Mil. 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 Other Current Assets of $1.98 Mil. The current Other Current Assets is $1.98 Mil. 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 Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Elite Express Holding (ETS), the current Other Current Assets is $1.98 Mil 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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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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