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| 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 | 1.26 |
| Feb 28, 2022 | 9.30 |
| Nov 30, 2021 | 1.00 |
| Aug 31, 2021 | 0.96 |
| May 31, 2021 | 0.85 |