Norris Industries (NRIS) Debt Ratio (2015 - 2026)

Norris Industries (NRIS) posted Debt Ratio of 30.89 for Q2 2026, up 110.77% on a QoQ basis from 14.66 in Q1 2026, and up 188.65% year-over-year from 10.7 in Q2 2025.

Norris Industries (NRIS) Debt Ratio (2015 - 2026) Analysis & Trends

Norris Industries' Debt Ratio history runs 12 years deep, the most recent figure standing at 30.89 for Q2 2026.

  • Quarterly Debt Ratio rose 188.65% year-over-year to 30.89 in Q2 2026, while the trailing twelve-month figure through May 2026 was 30.89 (up 188.65% YoY) and the FY2026 annual result came in at 14.66, up 54.75% from the prior year.
  • Debt Ratio was 30.89 for Q2 2026 at Norris Industries, up from 14.66 in the prior quarter.
  • Across five years, Debt Ratio topped out at 30.89 in Q2 2026 and bottomed at 1.06 in Q4 2022.
  • A 5-year average of 11.91 and a median of 10.7 in 2025 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2023 — Debt Ratio jumped 1827.16% — and 2024, when it slumped 63.24%.
  • Norris Industries' Debt Ratio stood at 1.06 in 2022, then soared by 1827.16% to 20.5 in 2023, then slumped by 63.24% to 7.54 in 2024, then surged by 82.72% to 13.77 in 2025, then jumped by 124.31% to 30.89 in 2026.
  • Business Quant data shows NRIS's Debt Ratio at 30.89 in Q2 2026, 14.66 in Q1 2026, and 13.77 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 0.19
2 Eog Resources 74.61 Bn 70.76 Bn - 0.15
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.20
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.19
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.14
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 0.26
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 0.20
10 Norris Industries 14.07 Mn 14.04 Mn - 30.89

Historic Data

Download Data
DateValue
May 31, 2026 30.89
Feb 28, 2026 14.66
Aug 31, 2025 13.77
May 31, 2025 10.70
Feb 28, 2025 9.47
Nov 30, 2024 7.54
Aug 31, 2024 10.98
May 31, 2024 9.43
Feb 29, 2024 9.18
Nov 30, 2023 20.50
Aug 31, 2023 15.10
May 31, 2023 17.30
Feb 28, 2023 11.53
Nov 30, 2022 1.06
Aug 31, 2022 9.80
May 31, 2022 1.26
Feb 28, 2022 9.30
Nov 30, 2021 1.00
Aug 31, 2021 0.96
May 31, 2021 0.85