Norris Industries (NRIS) Debt to Equity (2015 - 2026)

Norris Industries (NRIS) reported Debt to Equity of -$0.76 for Q1 2026, down 14.17% on a YoY basis from -$0.89 in Q1 2025, and up 3.51% quarter-over-quarter from -$0.79 in Q3 2025.

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

Norris Industries has reported Debt to Equity for 12 years, with the latest figure at -$0.76 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 14.17% year-over-year to -$0.76; the trailing twelve-month figure through Feb 2026 stood at -$0.76 (down 14.17% YoY), and the FY2026 full-year result was -$0.76, down 14.17% from the prior year.
  • Debt to Equity for Q1 2026 stood at -$0.76, up from -$0.79 in the prior quarter.
  • The five-year high for Debt to Equity was -$0.09 in Q2 2022, with the low at -$0.95 in Q1 2022.
  • Historically, Debt to Equity has averaged -$0.74 across 5 years, with a median of -$0.82 in 2024.
  • The largest YoY upside for Debt to Equity was 89.64% in 2022 against a maximum downside of 1085.5% in 2022.
  • Norris Industries' Debt to Equity stood at -$0.1 in 2022, then tumbled by 725.27% to -$0.87 in 2023, then increased by 7.26% to -$0.8 in 2024, then rose by 1.44% to -$0.79 in 2025, then gained by 3.51% to -$0.76 in 2026.
  • The last three Debt to Equity figures came in at -$0.76 (Q1 2026), -$0.79 (Q3 2025), and -$0.8 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.31
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.36
4 Eog Resources 72.93 Bn 69.08 Bn - 0.26
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.40
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.38
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.03
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 Norris Industries - - - -0.76

Historic Data

Download Data
DateValue
Feb 28, 2026 -0.76
Aug 31, 2025 -0.79
May 31, 2025 -0.80
Feb 28, 2025 -0.67
Nov 30, 2024 -0.80
Aug 31, 2024 -0.84
May 31, 2024 -0.84
Feb 29, 2024 -0.73
Nov 30, 2023 -0.87
Aug 31, 2023 -0.89
May 31, 2023 -0.87
Feb 28, 2023 -0.91
Nov 30, 2022 -0.10
Aug 31, 2022 -0.94
May 31, 2022 -0.09
Feb 28, 2022 -0.95
Nov 30, 2021 -1.01
Aug 31, 2021 -0.08
May 31, 2021 -0.07
Feb 28, 2021 -1.04