Elite Express Holding (ETS) Balance Sheet

As of Nov 30, 2025 (end of fiscal 2025), Elite Express Holding reported total assets of $13.71M and total liabilities of $513.15K. Shareholders' equity was $13.19M, up 858.7% from $1.38M a year earlier. Total debt stood at $0.00 against $1.31M in cash and short-term investments, a net cash position of $1.31M. That puts debt-to-equity at 0.00, compared with 0.02 a year earlier.

Elite Express Holding Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Elite Express Holding Inc. (ETS) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023
Period ending	Nov 2025	Nov 2024	Nov 2023
Current Assets
Cash and Cash Equivalents	1.31	0.17	0.05
Cash & Short-Term Investments	1.31	0.17	0.05
Accounts Receivable	0.07	0.06	0.10
Inventory	0.00	-	0.00
Other Current Assets	11.00	0.11	0.00
Total Current Assets	12.38	0.34	0.16
Non-Current Assets
Property, Plant & Equipment (Net)	0.17	0.28	0.56
Goodwill	0.67	0.67	0.00
Intangible Assets	0.49	0.54	0.00
Other Non-Current Assets	0.00	-	0.00
Total Non-Current Assets	1.32	1.49	0.57
Total Assets	13.71	1.83	0.72
Current Liabilities
Accounts Payable	0.02	0.02	0.00
Short-Term Debt	0.00	0.03	0.23
Current Portion of Long-Term Debt	-	-	0.23
Accrued Liabilities	0.29	0.27	0.04
Other Current Liabilities	0.49	0.03	0.04
Total Current Liabilities	0.51	0.35	0.26
Non-Current Liabilities
Long-Term Debt	0.00	-	0.42
Deferred Tax Liabilities	0.00	0.11	0.00
Other Non-Current Liabilities	0.00	-	0.00
Total Non-Current Liabilities	0.00	0.11	0.42
Total Liabilities	0.51	0.46	0.68
Stockholders' Equity
Common Stock	0.00	0.00	0.33
Retained Earnings	-2.49	-0.31	-0.30
Additional Paid-in Capital	15.69	1.68	0.01
Shares Outstanding	16.72	16.72	16.72
Total Stockholders' Equity	13.19	1.38	0.04
Total Liabilities & Equity	13.71	1.83	0.72

Source: Company financial statements from annual and quarterly filings. Data as of Aug 31, 2026. Data sources and methodology

Frequently Asked Questions About Elite Express Holding Balance Sheet

How much debt does Elite Express Holding have?

Elite Express Holding had total debt of $0.00 as of Nov 30, 2025, against $1.31M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $26.08K a year earlier.

What are Elite Express Holding's total assets?

Elite Express Holding reported total assets of $13.71M as of Nov 30, 2025, up 648.4% from $1.83M a year earlier. Total liabilities were $513.15K.

What is Elite Express Holding's shareholders' equity?

Elite Express Holding's shareholders' equity was $13.19M as of Nov 30, 2025, or about $0.79 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition