Norris Industries Inc
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 (NRIS) - Net Assets
Latest net assets as of May 2025: $-4.27 Million USD
Based on the latest financial reports, Norris Industries Inc (NRIS) has net assets worth $-4.27 Million USD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($317.69K) and total liabilities ($4.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-4.27 Million |
| % of Total Assets | -1345.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -521.24% |
| Growth Volatility | 373.17 |
Norris Industries Inc - Net Assets Trend (2015–2025)
This chart illustrates how Norris Industries Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Norris Industries Inc (2015–2025)
The table below shows the annual net assets of Norris Industries Inc from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $-4.11 Million | +16.77% |
| 2024-02-29 | $-4.93 Million | -14.99% |
| 2023-02-28 | $-4.29 Million | -13.34% |
| 2022-02-28 | $-3.79 Million | -15.18% |
| 2021-02-28 | $-3.29 Million | -50.48% |
| 2020-02-29 | $-2.18 Million | -454.07% |
| 2019-02-28 | $616.86K | -53.36% |
| 2018-02-28 | $1.32 Million | +102.35% |
| 2017-02-28 | $653.58K | -32.96% |
| 2016-02-29 | $974.87K | +699.54% |
| 2015-02-28 | $121.93K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Norris Industries Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1173697000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $7.77 Million | % |
| Total Equity | $-4.11 Million | 100.00% |
Norris Industries Inc Competitors by Market Cap
The table below lists competitors of Norris Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WILLIAMS-SONOMA
MU:WM1
|
$1.52 Million |
|
Wellfield Technologies Inc.
OTCQB:WFLDF
|
$1.52 Million |
|
Thua Thien Hue Construction Joint Stock Corp
VN:HUB
|
$1.52 Million |
|
EFXB31
SA:EFXB31
|
$1.52 Million |
|
Edgewater Exploration Ltd
PINK:EDWZF
|
$1.52 Million |
|
MUNIC SA EO -04
F:MNS
|
$1.52 Million |
|
Pelangi Indah Canindo Tbk
JK:PICO
|
$1.52 Million |
|
Reit Azorim HF Living Ltd
TA:AZRT
|
$1.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norris Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -4,933,975 to -4,106,535, a change of 827,440.
- Net loss of 561,574 reduced equity.
- Other factors increased equity by 1,389,014.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-561.57K | -13.68% |
| Other Changes | $1.39 Million | +33.82% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Norris Industries Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-02-28 | $0.01 | $0.06 | x |
| 2018-02-28 | $0.01 | $0.06 | x |
| 2019-02-28 | $0.01 | $0.06 | x |
| 2020-02-29 | $-0.02 | $0.06 | x |
| 2021-02-28 | $-0.04 | $0.06 | x |
| 2022-02-28 | $-0.04 | $0.06 | x |
| 2023-02-28 | $-0.05 | $0.06 | x |
| 2024-02-29 | $-0.05 | $0.06 | x |
| 2025-02-28 | $-0.04 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norris Industries Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -170.52%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-64.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -66.04% | 0.00% | 0.00x | 1.06x | $-92.72K |
| 2016 | -30.79% | -173.61% | 0.11x | 1.58x | $-397.65K |
| 2017 | -267.67% | -1171.35% | 0.14x | 1.69x | $-1.81 Million |
| 2018 | -192.73% | -1931.85% | 0.04x | 2.28x | $-2.68 Million |
| 2019 | -149.42% | -184.68% | 0.19x | 4.31x | $-983.37K |
| 2020 | 0.00% | -505.77% | 0.67x | 0.00x | $-2.68 Million |
| 2021 | 0.00% | -396.13% | 0.68x | 0.00x | $-781.12K |
| 2022 | 0.00% | -110.32% | 1.17x | 0.00x | $-120.38K |
| 2023 | 0.00% | -95.92% | 1.56x | 0.00x | $-75.92K |
| 2024 | 0.00% | -195.18% | 0.72x | 0.00x | $-149.94K |
| 2025 | 0.00% | -170.52% | 0.91x | 0.00x | $-150.92K |
Industry Comparison
This section compares Norris Industries Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norris Industries Inc (NRIS) | $-4.27 Million | -66.04% | N/A | $1.52 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |