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 96.4% as of February 2026. This metric is calculated by deducting intangible assets ($473.80K) from net assets ($13.08 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. See working capital to net assets of Elite Express Holding Inc. Class A Commo to evaluate short-term liquidity relative to the company's equity base.
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 February 2026, the ratio stands at 96.4%, reflecting net assets of $13.08 Million with intangible assets of $473.80K USD. See ETS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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 the full company profile including market capitalisation, see market value of Elite Express Holding Inc. Class A Commo.
| 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 | — |