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) - Total Assets
Latest total assets as of May 2025: $317.69K USD
Based on the latest financial reports, Norris Industries Inc (NRIS) holds total assets worth $317.69K USD as of May 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Norris Industries Inc - Total Assets Trend (2015–2025)
This chart illustrates how Norris Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Norris Industries Inc - Asset Composition Analysis
Current Asset Composition (February 2025)
Norris Industries Inc's total assets of $317.69K consist of 31.3% current assets and 68.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.8% |
| Accounts Receivable | $27.22K | 7.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2025)
This chart illustrates how Norris Industries Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Norris Industries Inc's current assets represent 31.3% of total assets in 2025, a decrease from 32.2% in 2015.
- Cash Position: Cash and equivalents constituted 23.8% of total assets in 2025, down from 32.2% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 7.6% of total assets.
Norris Industries Inc Competitors by Total Assets
Key competitors of Norris Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Norris Industries Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Norris Industries Inc generates 0.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Norris Industries Inc is currently not profitable relative to its asset base.
Norris Industries Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.72 | 0.65 | 0.37 |
| Quick Ratio | 0.72 | 0.65 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-39.00K | $ -49.98K | $ -192.64K |
Norris Industries Inc - Advanced Valuation Insights
This section examines the relationship between Norris Industries Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 4.23 |
| Asset Growth Rate (YoY) | -21.3% |
| Total Assets | $360.33K |
| Market Capitalization | $1.52 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Norris Industries Inc's assets at a significant premium ( 4.23x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Norris Industries Inc's assets decreased by 21.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Norris Industries Inc (2015–2025)
The table below shows the annual total assets of Norris Industries Inc from 2015 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | $360.33K | -21.28% |
| 2024-02-29 | $457.74K | +35.37% |
| 2023-02-28 | $338.13K | -12.64% |
| 2022-02-28 | $387.07K | -6.59% |
| 2021-02-28 | $414.37K | -51.53% |
| 2020-02-29 | $854.83K | -67.88% |
| 2019-02-28 | $2.66 Million | -11.66% |
| 2018-02-28 | $3.01 Million | +172.38% |
| 2017-02-28 | $1.11 Million | -27.98% |
| 2016-02-29 | $1.54 Million | +1083.38% |
| 2015-02-28 | $129.78K | -- |