Norris Industries Inc

OTCQB:NRIS USA Oil & Gas E&P
Market Cap
$6.95 Million
Market Cap Rank
#35033 Global
#11425 in USA
Share Price
$0.06
Change (1 day)
+7.00%
52-Week Range
$0.05 - $0.06
All Time High
$1.80
About

Norris Industries, Inc. focuses on the development, production, and maintenance of crude oil and natural gas properties in Texas. Its principal properties are located in the Ellenberger formation in Coleman County, as well as in the Jack and Palo-Pinto Counties, Texas. The company was formerly known as International Western Petroleum, Inc. and changed its name to Norris Industries, Inc. in Februa… Read more

Norris Industries Inc - Asset Resilience Ratio

Latest as of November 2018: 0.00%

Norris Industries Inc (NRIS) has an Asset Resilience Ratio of 0.00% as of November 2018. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$0.00
Cash + Short-term Investments
Total Assets
$2.74 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2018)

This chart shows how Norris Industries Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Norris Industries Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $0.00 0%
Total Liquid Assets $0.00 0.00%

Asset Resilience Insights

  • Limited Liquidity: Norris Industries Inc maintains only 0.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company maintains a balanced mix of cash and short-term investments.

Norris Industries Inc Industry Peers by Asset Resilience Ratio

Compare Norris Industries Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bounty Oil & Gas NL
PINK:BYOGF
Oil & Gas E&P 0.18%
Shanxi Blue Flame Holding Co Ltd
SHE:000968
Oil & Gas E&P 0.01%
Oriental Energy Co Ltd
SHE:002221
Oil & Gas E&P -3.13%
P/F Atlantic Petroleum
CO:ATLA-DKK
Oil & Gas E&P 1.46%
Hibiscus Petroleum BHD
KLSE:5199
Oil & Gas E&P -5.94%
Reach Energy Bhd
KLSE:5256
Oil & Gas E&P 0.15%
Geo-Jade Petroleum Corp
SHG:600759
Oil & Gas E&P 0.01%
Shandong Xinchao Energy Co Ltd
SHG:600777
Oil & Gas E&P 8.49%

Annual Asset Resilience Ratio for Norris Industries Inc (2016–2018)

The table below shows the annual Asset Resilience Ratio data for Norris Industries Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-02-28 0.00% $0.00 $3.01 Million --
2017-02-28 0.00% $0.00 $1.11 Million --
2016-02-29 0.00% $0.00 $1.54 Million --
pp = percentage points