Elite Express Holding Inc. Class A Common Stock (ETS) - Net Assets
Based on the latest financial reports, Elite Express Holding Inc. Class A Common Stock (ETS) has net assets worth $13.19 Million USD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.71 Million) and total liabilities ($513.15K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Elite Express Holding Inc. Class A Commo (ETS) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $13.19 Million |
| % of Total Assets | 96.26% |
| Annual Growth Rate | 1713.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1242.27 |
Elite Express Holding Inc. Class A Common Stock - Net Assets Trend (2023–2025)
This chart illustrates how Elite Express Holding Inc. Class A Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore Elite Express Holding Inc. Class A Commo total assets for the complete picture of this company's asset base.
Annual Net Assets for Elite Express Holding Inc. Class A Common Stock (2023–2025)
The table below shows the annual net assets of Elite Express Holding Inc. Class A Common Stock from 2023 to 2025. For live valuation and market cap data, see ETS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $13.19 Million | +858.72% |
| 2024-11-30 | $1.38 Million | +3343.25% |
| 2023-11-30 | $39.96K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elite Express Holding Inc. Class A Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 219283100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.00 | 0.00% |
| Other Components | $15.69 Million | 118.91% |
| Total Equity | $13.19 Million | 100.00% |
Elite Express Holding Inc. Class A Common Stock Competitors by Market Cap
The table below lists competitors of Elite Express Holding Inc. Class A Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xox Networks Bhd
KLSE:0140
|
$7.13 Million |
|
Capri Nusa Satu Properti Tbk PT
JK:CPRI
|
$7.13 Million |
|
C. PARAN. EN. UTS ADR
F:ELP1
|
$7.13 Million |
|
5E ADVANCED MATERIALS CDI
F:J9I0
|
$7.13 Million |
|
CaliberCos Inc. Class A Common Stock
NASDAQ:CWD
|
$7.12 Million |
|
Invert Graphite Limited
AU:IVG
|
$7.12 Million |
|
NB Private Equity Partners Ltd
LSE:NBPE
|
$7.12 Million |
|
Lupaka Gold Corp.
V:LPK
|
$7.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elite Express Holding Inc. Class A Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,375,992 to 13,191,867, a change of 11,815,875 (858.7%).
- Net loss of 2,185,987 reduced equity.
- New share issuances of 14,347,940 increased equity.
- Other factors decreased equity by 346,078.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.19 Million | -16.57% |
| Share Issuances | $14.35 Million | +108.76% |
| Other Changes | $-346.08K | -2.62% |
| Total Change | $- | 858.72% |
Book Value vs Market Value Analysis
This analysis compares Elite Express Holding Inc. Class A Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 237.60x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-11-30 | $0.00 | $0.57 | x |
| 2024-11-30 | $0.08 | $0.57 | x |
| 2025-11-30 | $0.79 | $0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elite Express Holding Inc. Class A Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -16.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -82.00%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.04x
- Recent ROE (-16.57%) is above the historical average (-269.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -521.47% | -8.59% | 3.35x | 18.10x | $-212.39K |
| 2025 | -16.57% | -82.00% | 0.19x | 1.04x | $-3.51 Million |
Industry Comparison
This section compares Elite Express Holding Inc. Class A Common Stock's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $-1,164,863,045
- Average return on equity (ROE) among peers: 7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elite Express Holding Inc. Class A Common Stock (ETS) | $13.19 Million | -521.47% | 0.04x | $7.13 Million |
| ArcBest Corp (ARCB) | $171.40 Million | -21.35% | 3.83x | $2.46 Billion |
| BEST Inc (BEST) | $-13.51 Billion | 0.00% | 0.00x | $56.09 Million |
| Covenant Logistics Group, Inc. (CVLG) | $63.50 Million | 11.50% | 0.77x | $441.94 Million |
| Covenant Logistics Group, Inc. (CVLG) | $350.11 Million | 2.42% | 1.52x | $686.50 Million |
| Heartland Express Inc (HTLD) | $865.26 Million | 1.71% | 0.74x | $738.15 Million |
| Knight Transportation Inc (KNX) | $18.90 Million | 21.66% | 0.72x | $8.44 Billion |
| Marten Transport Ltd (MRTN) | $22.90 Million | 7.86% | 1.77x | $1.08 Billion |
| Old Dominion Freight Line Inc (ODFL) | $1.23 Billion | 16.73% | 0.57x | $40.61 Billion |
| PAMT CORP (PAMT) | $300.18 Million | 30.21% | 1.50x | $198.76 Million |
About Elite Express Holding Inc. Class A Common Stock
Elite Express Holding Inc. provides last-mile delivery solutions to connect businesses and customers in California. It offers package pickup, transportation, and delivery, as well as post-delivery feedback services through trucks and trailers. The company was founded in 2020 and is based in Laguna Hills, California.