Norris Industries (NRIS) Interest Coverage Ratio (2017 - 2026)
Norris Industries' (NRIS) quarterly Interest Coverage Ratio came in at 6.31 in Q2 2026, down 23.24% YoY from 8.22 in Q2 2025, and down 46.98% on a QoQ basis from 4.29 in Q3 2025.
Norris Industries (NRIS) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Norris Industries (NRIS) has 10 years of Interest Coverage Ratio data on file, last reported at 6.31 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 23.24% year-over-year to 6.31 in Q2 2026, while the trailing twelve-month figure through May 2026 was 5.29 (down 56.25% YoY) and the FY2026 annual result came in at 0.2, down 12.75% from the prior year.
- Interest Coverage Ratio declined to 6.31 in Q2 2026, from 4.29 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.46 in Q3 2022 to a low of 6.31 in Q2 2026.
- A 5-year average of 3.68 and a median of 3.96 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 113.71% — and 2023, when it sank 1881.28%.
- Tracing NRIS's Interest Coverage Ratio over 5 years: stood at 3.61 in 2022, then advanced by 3.56% to 3.48 in 2023, then surged by 38.24% to 2.15 in 2024, then plunged by 99.72% to 4.29 in 2025, then sank by 46.98% to 6.31 in 2026.
- The last three Interest Coverage Ratio figures came in at 6.31 (Q2 2026), 4.29 (Q3 2025), and 5.12 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.66 Bn | 155.97 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 106.44 Bn | 104.55 Bn | 10.66 Bn | 61.27 |
| 3 | Eog Resources | 80.24 Bn | 75.33 Bn | - | 52.66 |
| 4 | Diamondback Energy | 59.45 Bn | 58.99 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.13 Bn | 45.12 Bn | 6.02 Bn | 16.56 |
| 6 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.36 Bn | 35.21 Bn | 7.73 Bn | 29.51 |
| 8 | Eqt | 33.89 Bn | 33.78 Bn | 1.42 Bn | 5.22 |
| 9 | Texas Pacific Land | 26.32 Bn | 26.08 Bn | - | 197.14 |
| 10 | Norris Industries | 16.24 Mn | 16.20 Mn | - | -6.31 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -6.31 |
| Aug 31, 2025 | -4.29 |
| May 31, 2025 | -5.12 |
| Feb 28, 2025 | -5.27 |
| Nov 30, 2024 | -2.15 |
| Aug 31, 2024 | -2.42 |
| May 31, 2024 | -3.99 |
| Feb 29, 2024 | -4.98 |
| Nov 30, 2023 | -3.48 |
| Aug 31, 2023 | -2.91 |
| May 31, 2023 | -4.90 |
| Feb 28, 2023 | -6.25 |
| Nov 30, 2022 | -3.61 |
| Aug 31, 2022 | 0.46 |
| May 31, 2022 | -3.94 |
| Feb 28, 2022 | 0.35 |
| Nov 30, 2021 | -4.71 |
| Aug 31, 2021 | -3.36 |
| May 31, 2021 | -8.08 |
| Feb 28, 2021 | -16.95 |