Elite Express Holding Inc. Class A Common Stock (ETS) — Tangible Net Worth Ratio
Elite Express Holding Inc. Class A Common Stock (ETS) has a Tangible Net Worth Ratio of 97.5% as of May 2026. This metric is calculated by deducting intangible assets ($460.00K) from net assets ($18.55 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Elite Express Holding Inc. Class A Commo to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Elite Express Holding Inc. Class A Common Stock Tangible Net Worth Ratio (2023–2025)
This chart shows how Elite Express Holding Inc. Class A Common Stock's Tangible Net Worth Ratio has changed across 3 annual periods from 2023 to 2025. As of May 2026, the ratio stands at 97.5%, reflecting net assets of $18.55 Million with intangible assets of $460.00K USD.
Annual Tangible Net Worth Ratio for Elite Express Holding Inc. Class A Common Stock (2023–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Elite Express Holding Inc. Class A Common Stock from 2023 to 2025, covering 3 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Elite Express Holding Inc. Class A Commo market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.3% | $13.19 Million | $487.60K | $13.71 Million | ▲ +35.8 pp |
| 2024 | 60.6% | $1.38 Million | $542.80K | $1.83 Million | ▼ -39.4 pp |
| 2023 | 100.0% | $39.96K | $0.00 | $723.37K | — |