NRIS (Norris Industries) LT-Debt-to-Total-Asset: 14.68 (As of Feb. 2026)

What is Norris Industries LT-Debt-to-Total-Asset?

Norris Industries NRIS -45.38% 11 LT-Debt-to-Total-Asset is 14.68 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.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Norris Industries's long-term debt to total assests ratio for the quarter that ended in Feb. 2026 was 14.68.

Norris Industries's long-term debt to total assets ratio increased from Feb. 2025 (9.48) to Feb. 2026 (14.68). It may suggest that Norris Industries is progressively becoming more dependent on debt to grow their business.

Norris Industries (OTCPK:NRIS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Norris Industries LT-Debt-to-Total-Asset Related Terms

Norris Industries LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Norris Industries's LT-Debt-to-Total-Asset can be seen below:

* 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.

Norris Industries LT-Debt-to-Total-Asset Chart

Norris Industries Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

9.30

11.54

9.17

9.48

14.68

Norris Industries Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															9.48	10.69	13.78	11.01	14.68

11GF Score

Norris Industries Inc NRIS

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Norris Industries LT-Debt-to-Total-Asset Calculation

Norris Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2026 is calculated as

LT Debt to Total Assets (A: Feb. 2026 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2026 )	/	Total Assets (A: Feb. 2026 )
	=	3.7	/	0.252
	=	14.68

Norris Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

LT Debt to Total Assets (Q: Feb. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2026 )	/	Total Assets (Q: Feb. 2026 )
	=	3.7	/	0.252
	=	14.68

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 14.68 mean?

Norris Industries (NRIS) has a LT-Debt-to-Total-Asset of 14.68 as of Feb. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Norris Industries and its competitors.

Is Norris Industries' LT-Debt-to-Total-Asset too high?

Norris Industries' current LT-Debt-to-Total-Asset is 14.68. 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' LT-Debt-to-Total-Asset compare to BRN and MXC?

Norris Industries' LT-Debt-to-Total-Asset of 14.68 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 LT-Debt-to-Total-Asset for an Oil & Gas company?

A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Norris Industries and its competitors. Norris Industries's current LT-Debt-to-Total-Asset is 14.68. 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 LT-Debt-to-Total-Asset is 14.68. 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 LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Norris Industries (NRIS), the current LT-Debt-to-Total-Asset is 14.68 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:

LT-Debt-to-Total-Asset: 14.68
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.

11GF Score

Get the complete analysis for NRIS

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.13

Price

$0.04

GF Value

View NRIS Analysis

See LT-Debt-to-Total-Asset data for all stocks →