NRIS (Norris Industries) Interest Expense: $-0.12 Mil (TTM As of Feb. 2026)

What is Norris Industries Interest Expense?

Norris Industries NRIS -45.38% 11 Interest Expense is $-0.12 Mil as of Feb. 2026. GuruFocus rates NRIS with a GF Score™ of 11/100 and a GF Value™ of $0.04 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Norris Industries's interest expense for the three months ended in Feb. 2026 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was $-0.12 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Norris Industries's Operating Income for the three months ended in Feb. 2026 was $ -0.15 Mil. Norris Industries's Interest Expense for the three months ended in Feb. 2026 was $ -0.03 Mil. Norris Industries did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Norris Industries (OTCPK:NRIS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Norris Industries's Interest Expense for the three months ended in Feb. 2026 was $-0.03 Mil. Its Operating Income for the three months ended in Feb. 2026 was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2026 was $3.70 Mil.

Norris Industries's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Norris Industries did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Norris Industries Interest Expense Historical Data

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The historical data trend for Norris Industries's Interest Expense can be seen below:

Norris Industries Interest Expense Chart

Norris Industries Annual Data

Trend

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Feb26

Interest Expense

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-0.11

-0.12

-0.13

-0.14

-0.12

Norris Industries Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Interest Expense	Get a 7-Day Free Trial															-0.03	-0.03	-0.03	-0.03	-0.03

11GF Score

Norris Industries Inc NRIS

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Norris Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-0.12 Mil mean?

Norris Industries (NRIS) has a Interest Expense of $-0.12 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Norris Industries and its competitors.

Is Norris Industries' Interest Expense too high?

Norris Industries' current Interest Expense is $-0.12 Mil. Overall, Norris Industries has a GF Score™ of 11/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Norris Industries' Interest Expense compare to BRN and MXC?

Norris Industries' Interest Expense of $-0.12 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Norris Industries and its competitors. Norris Industries's current Interest Expense is $-0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Norris Industries stock overvalued right now?

Based on GuruFocus' analysis, Norris Industries (NRIS) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.13 — trading 227.8% above its estimated fair value. The current Interest Expense is $-0.12 Mil. Norris Industries' overall GF Score™ is 11/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Norris Industries (NRIS), the current Interest Expense is $-0.12 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norris Industries (NRIS) Overvalued in 2026?

Based on GuruFocus' analysis, Norris Industries stock appears to be overvalued. The current stock price of $0.13 is trading 227.8% above its estimated GF Value™ of $0.04. GuruFocus considers Norris Industries to be Significantly Overvalued.

Key valuation signals for NRIS:

Interest Expense: $-0.12 Mil
GF Value™: $0.04 vs. price of $0.13 (227.8% above fair value)
GF Score™: 11/100 with 6 warning signs

No single metric tells the full story. See the NRIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Norris Industries Business Description

Industry Energy Oil & Gas

Comparable Companies BRN MXC TPET GULTU MVO ROYL PGNYF HGTXU OKMN MTR HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Address 102 Palo Pinto Street, Suite B, Weatherford, TX, USA, 76086

Website http://www.iwpetroleum.com

Norris Industries Inc is an oil and gas exploration company managed by business and oil and gas exploration veterans specializing in the oil and gas acquisition and exploration markets of the Central West Texas region. The company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties. Its projects include Dawson in Permian Basin, Bend Arch Tiger in Central West Texas, Guadalupe in South Texas, Bend Arch Lion 1A, Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.

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$0.13

Price

$0.04

GF Value

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