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Elite Express Holding Inc. (ETS)

Elite Express Holding Inc. (ETS)

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Balance Sheets Overview

Current Ratio
7119.61%
Quick Ratio
7119.61%
Cash Ratio
2127.18%
Debt to Asset Ratio
1.31%
Unit: Dollar
Assets Breakdown
    • Loans receivable
    • Cash and cash equivalents
    • Goodwill
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accounts payable
    • Others
Balance Sheets
2026-05-31
2026-02-28
2025-11-30
2025-08-31
Cash and cash equivalents
5,235,991
68,065
1,308,529
13,553,137
Accounts receivable
58,676
84,411
72,582
55,440
Loans receivable
9,649,811
9,949,811
9,999,811
-
Prepaid d&o insurance
31,345
66,894
102,443
137,993
Prepaid expenses and other current assets
2,548,873
1,868,232
898,191
62,765
Total current assets
17,524,696
12,037,413
12,381,556
13,809,335
Plant and equipment
141,414
170,697
167,008
212,429
Intangible assets
460,000
473,800
487,600
501,400
Goodwill
668,858
668,858
668,858
668,858
Total assets
18,794,968
13,350,768
13,705,022
15,192,022
Accounts payable
26,347
38,625
20,918
19,155
Other liabilities-Related Party
-
-
-
24,038
Insurance premium financing payable
-
36,063
71,470
106,236
Tax payable
800
4,000
2,400
2,400
Other liabilities-Nonrelated Party
-
-
418,367
118,277
Other payables and other current liabilities
219,000
190,317
-
-
Total current liabilities
246,147
269,005
513,155
270,106
Deferred tax liability
-
-
-
42,546
Total liabilities
246,147
269,005
513,155
312,652
Common stock-Common Class A
13
13
13
13
Common stock-Common Class B
4
4
4
4
Additional paid-in capital
23,686,846
15,686,846
15,686,846
15,686,846
Accumulated deficit
-5,138,042
-2,605,100
-2,494,996
-807,493
Total stockholders' equity
18,548,821
13,081,763
13,191,867
14,879,370
Total liabilities and stockholders' equity
18,794,968
13,350,768
13,705,022
15,192,022
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Loans receivable$9,649,811 Cash and cashequivalents$5,235,991 Prepaid expenses andother current assets$2,548,873 Accounts receivable$58,676 Prepaid d&o insurance$31,345 Total current assets$17,524,696 Goodwill$668,858 Intangible assets$460,000 Plant and equipment$141,414 Total assets$18,794,968 Total liabilities andstockholders' equity$18,794,968 Total stockholders'equity$18,548,821 Total liabilities$246,147 Accumulated deficit-$5,138,042 Additional paid-in capital$23,686,846 Total currentliabilities$246,147 Common stock-CommonClass A$13 Common stock-CommonClass B$4 Other payables andother current...$219,000 Accounts payable$26,347 Tax payable$800