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 Liabilities
Latest total liabilities as of May 2025: $4.59 Million USD
Based on the latest financial reports, Norris Industries Inc (NRIS) has total liabilities worth $4.59 Million USD as of May 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Norris Industries Inc - Total Liabilities Trend (2015–2025)
This chart illustrates how Norris Industries Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Norris Industries Inc Competitors by Total Liabilities
The table below lists competitors of Norris Industries Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Wellfield Technologies Inc.
OTCQB:WFLDF
|
USA | $23.73 Million |
|
WILLIAMS-SONOMA
MU:WM1
|
Germany | €3.06 Billion |
|
Edgewater Exploration Ltd
PINK:EDWZF
|
USA | $2.34 Million |
|
Pelangi Indah Canindo Tbk
JK:PICO
|
Indonesia | Rp446.12 Billion |
|
Reit Azorim HF Living Ltd
TA:AZRT
|
Israel | ILA2.41 Billion |
Liability Composition Analysis (2015–2025)
This chart breaks down Norris Industries Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.72 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.07 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 14.45 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Norris Industries Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Norris Industries Inc (2015–2025)
The table below shows the annual total liabilities of Norris Industries Inc from 2015 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-02-28 | $4.47 Million | -17.15% |
| 2024-02-29 | $5.39 Million | +16.48% |
| 2023-02-28 | $4.63 Million | +10.93% |
| 2022-02-28 | $4.17 Million | +12.74% |
| 2021-02-28 | $3.70 Million | +21.79% |
| 2020-02-29 | $3.04 Million | +48.63% |
| 2019-02-28 | $2.04 Million | +20.98% |
| 2018-02-28 | $1.69 Million | +273.52% |
| 2017-02-28 | $452.47K | -19.34% |
| 2016-02-29 | $560.96K | +7042.34% |
| 2015-02-28 | $7.85K | -- |