Norris Industries (NRIS) Debt Ratio (2015 - 2026)
Norris Industries (NRIS) reported Debt Ratio of 14.66 for Q1 2026, up 54.75% on a YoY basis from 9.47 in Q1 2025, and up 6.42% quarter-over-quarter from 13.77 in Q3 2025.
Norris Industries (NRIS) Debt Ratio (2015 - 2026) Analysis & Trends
Norris Industries has reported Debt Ratio for 12 years, with the latest figure at 14.66 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 54.75% year-over-year to 14.66; the trailing twelve-month figure through Feb 2026 stood at 14.66 (up 54.75% YoY), and the FY2026 full-year result was 14.66, up 54.75% from the prior year.
- Debt Ratio for Q1 2026 stood at 14.66, up from 13.77 in the prior quarter.
- The five-year high for Debt Ratio was 20.5 in Q4 2023, with the low at 1.06 in Q4 2022.
- Historically, Debt Ratio has averaged 10.72 across 5 years, with a median of 10.25 in 2022.
- Annual changes were most pronounced in 2022 — Debt Ratio plunged 91.3% — and 2023, when it jumped 1827.16%.
- Norris Industries' Debt Ratio 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 grew by 6.42% to 14.66 in 2026.
- The last three Debt Ratio figures came in at 14.66 (Q1 2026), 13.77 (Q3 2025), and 10.7 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 0.17 |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 0.19 |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 0.15 |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 0.19 |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 0.20 |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 0.34 |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 0.02 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 44.08 |
| 10 | Norris Industries | - | - | - | 14.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 12.22 |
| Aug 31, 2021 | 0.96 |
| May 31, 2021 | 0.85 |
| Feb 28, 2021 | 8.29 |