Norris Industries (NRIS) Debt Ratio (2015 - 2026)
Norris Industries' (NRIS) quarterly Debt Ratio came in at 30.89 in Q2 2026, up 188.65% YoY from 10.7 in Q2 2025, and up 110.77% on a QoQ basis from 14.66 in Q1 2026.
Norris Industries (NRIS) Debt Ratio (2015 - 2026) Analysis & Trends
Norris Industries (NRIS) has 12 years of Debt Ratio data on file, last reported at 30.89 in 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 advanced to 30.89 in Q2 2026, from 14.66 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 30.89 in Q2 2026 to a low of 1.06 in Q4 2022.
- A 5-year average of 12.56 and a median of 10.98 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio jumped 1827.16% — and 2024, when it tumbled 63.24%.
- Tracing NRIS's Debt Ratio over 5 years: stood at 1.06 in 2022, then jumped by 1827.16% to 20.5 in 2023, then plunged by 63.24% to 7.54 in 2024, then soared by 82.72% to 13.77 in 2025, then surged by 124.31% to 30.89 in 2026.
- The last three Debt Ratio figures came in at 30.89 (Q2 2026), 14.66 (Q1 2026), and 13.77 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 0.14 |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 0.18 |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 0.18 |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 0.17 |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 0.14 |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Norris Industries | 16.24 Mn | 16.20 Mn | - | 30.89 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 12.29 |
| Feb 28, 2022 | 9.30 |
| Nov 30, 2021 | 1.00 |
| Aug 31, 2021 | 0.96 |
| May 31, 2021 | 0.85 |