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| Date | Value |
|---|---|
| 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 |