Norris Industries, Inc. balance sheet NRIS

Annual Quarterly

As of Aug 31, 2026, Norris Industries, Inc. had total assets of $223,714 and total liabilities of $5.5 million. Total assets were down 12.0% from a year earlier. Stockholders' equity was negative, at -$5.3 million, because liabilities exceed assets. Cash and investments were $134,836. The current ratio, current assets divided by current liabilities, was 0.66.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the same quarter a year earlier.

Line	Q2 FY2027 Aug 31, 2026	Q1 FY2026 May 31, 2026	Q4 FY2026 Feb 28, 2026	Q3 FY2026 Nov 30, 2025	Q2 FY2026 Aug 31, 2025	Q1 FY2026 May 31, 2025	Q4 FY2025 Feb 28, 2025	Q3 FY2025 Nov 30, 2024
Assets
Cash	0 +234.4%	0 -50.9%	0 -47.0%	0 +12.3%	0 -43.8%	0 +26.8%	0 +57.9%	0 +129.3%
Cash and investments	0 +234.4%	0 -50.9%	0 -47.0%	0 +12.3%	0 -43.8%	0 +26.8%	0 +57.9%	0 +129.3%
Receivables	0 +74.9%	0 +15.0%	0 -12.6%	0 +78.7%	0 +11.6%	0 -41.1%	0 +60.0%	0 +35.1%
Total current assets	0 +191.1%	0 -33.9%	0 -38.7%	0 +31.1%	0 -35.0%	0 +9.3%	0 +58.4%	0 +91.5%
Total assets	0 -12.0%	0 -72.3%	0 -27.5%	0 -20.9%	0 -36.6%	0 -30.3%	0 -23.9%	0 +112.3%
Liabilities and equity
Total current liabilities	0 +87.7%	0 +59.3%	0 +47.4%	0 +18.4%	0 +26.9%	0 -1.7%	0 +27.9%	0 -0.1%
Total liabilities	5 +17.0%	5 -6.1%	5 +12.5%	5 +11.5%	5 -16.7%	5 -17.4%	5 -15.9%	4 -10.7%
Stockholders' equity	-5 +0.1%	-5 +13.0%	-5 +1.8%	-5 -12.6%	-5 +12.0%	-5 +12.8%	-5 +13.8%	-5 +0.0%
Ratios
Current ratio	0.66x	0.27x	0.30x	1.02x	0.43x	0.72x	0.73x	0.92x
Return on assets	-333.35%	-474.82%	-262.01%	-189.09%	-249.26%	-188.69%	-172.51%	-150.35%
Book value per share	-0.05	-0.05	-0.04	-0.05	-0.05	-0.05	-0.05	-0.04

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Crude Petroleum & Natural Gas (SIC 1311)
Listed as: NRIS (OTC)
Fiscal year ends: February 28
Incorporated in: NV
Headquarters: Weatherford, TX
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1603793
Former names: INTERNATIONAL WESTERN PETROLEUM, INC. (until Jan 22, 2018)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.