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
DateValue
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