Norris Industries (NRIS) Interest Coverage Ratio (2017 - 2025)
Norris Industries (NRIS) reported Interest Coverage Ratio of 4.29 for Q3 2025, down 77.6% on a YoY basis from 19.17 in Q3 2024, and up 16.15% quarter-over-quarter from 5.12 in Q2 2025.
Norris Industries (NRIS) Interest Coverage Ratio (2017 - 2025) Analysis & Trends
Norris Industries has reported Interest Coverage Ratio for 9 years, with the latest figure at 4.29 in Q3 2025.
- For the quarter ending Q3 2025, Interest Coverage Ratio fell 77.6% year-over-year to 4.29; the trailing twelve-month figure through Aug 2025 stood at 3.84 (down 3.78% YoY), and the FY2026 full-year result was 4.65, down 45.31% from the prior year.
- Interest Coverage Ratio for Q3 2025 stood at 4.29, up from 5.12 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 0.46 in Q3 2022, with the low at 16.95 in Q1 2021.
- Historically, Interest Coverage Ratio has averaged 4.51 across 5 years, with a median of 3.99 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 113.71% — and 2023, when it sank 1881.28%.
- Norris Industries' Interest Coverage Ratio stood at 4.71 in 2021, then advanced by 23.28% to 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.
- The last three Interest Coverage Ratio figures came in at 4.29 (Q3 2025), 5.12 (Q2 2025), and 5.27 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 36.37 |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 39.36 |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 8.69 |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 3.93 |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 21.04 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 13.70 |
| 10 | Norris Industries | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Nov 30, 2020 | -8.80 |