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Norris Industries (Norris Industries) Debt-to-Revenue : 13.29 (As of Feb. 2024)


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What is Norris Industries Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Norris Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil. Norris Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $4.20 Mil. Norris Industries's annualized Revenue for the quarter that ended in Feb. 2024 was $0.32 Mil. Norris Industries's annualized Debt-to-Revenue for the quarter that ended in Feb. 2024 was 13.29.


Norris Industries Debt-to-Revenue Historical Data

The historical data trend for Norris Industries's Debt-to-Revenue 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.

* Premium members only.

Norris Industries Debt-to-Revenue Chart

Norris Industries Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 11.43 7.97 7.41 12.73

Norris Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.98 12.04 12.35 11.78 13.29

Competitive Comparison of Norris Industries's Debt-to-Revenue

For the Oil & Gas E&P subindustry, Norris Industries's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Norris Industries's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Norris Industries's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Norris Industries's Debt-to-Revenue falls into.



Norris Industries Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Norris Industries's Debt-to-Revenue for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 4.2) / 0.33
=12.73

Norris Industries's annualized Debt-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 4.2) / 0.316
=13.29

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Feb. 2024) Revenue data.


Norris Industries Debt-to-Revenue Related Terms

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Norris Industries (Norris Industries) Business Description

Traded in Other Exchanges
N/A
Address
102 Palo Pinto Street, Suite B, Weatherford, TX, USA, 76086
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, and Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.
Executives
Patrick L. Norris director, 10 percent owner, officer: CEO, Pres, Sec, Treasurer 409 TERRELL CRT, NEW IBERIA LA 90563
Ross Henry Ramsey director, officer: President, CEO, CFO 401 BOYD DR #3116, GRAPEVINE TX 76051
Benjamin B Tran director 49 MONTEREY PINE DR., NEWPORT COAST CA 92657

Norris Industries (Norris Industries) Headlines

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