Elite Express (ETS) - Net Assets

Net assets on the balance sheet as of May 2026 : NZ$32.08 Million

According to Elite Express's latest financial reports the company has NZ$32.08 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Elite Express - Net assets on balance sheet (from 2025 to 2026)

Net assets by year

Year	Net assets	Change
2025-11-30	$NZ$23 M	887.45%
2024-11-30	$NZ$2.32 M	3488.64%
2023-11-30	$NZ$0.06 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Elite Express (ETS) - Net assets