Financial Snapshot

Revenue
$342.9K
TTM
Gross Margin
-51.26%
TTM
Net Earnings
-$624.9K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
83.28%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$5.221M
Q3 2024
Cash
Q3 2024
P/E
-5.090
Nov 22, 2024 EST
Free Cash Flow

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $329.6K $526.4K $452.3K $280.2K $573.0K $499.1K $131.9K $149.4K $172.9K $0.00 $0.00
YoY Change -37.39% 16.4% 61.44% -51.11% 14.82% 278.26% -11.66% -13.62%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $329.6K $526.4K $452.3K $280.2K $573.0K $499.1K $131.9K $149.4K $172.9K $0.00 $0.00
Cost Of Revenue $530.4K $655.0K $599.5K $552.7K $731.8K $279.8K $131.6K $188.2K $293.9K
Gross Profit -$200.8K -$128.6K -$147.2K -$272.6K -$158.7K $219.3K $310.00 -$38.80K -$121.0K
Gross Profit Margin -60.91% -24.42% -32.54% -97.28% -27.7% 43.93% 0.23% -25.98% -69.98%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Selling, General & Admin $200.8K $192.3K $203.7K $313.5K $577.1K $878.1K $1.273M $1.707M $142.2K $80.52K $60.00K
YoY Change 4.42% -5.6% -35.03% -45.67% -34.28% -31.03% -25.4% 1100.2% 76.59% 34.2%
% of Gross Profit 400.48% 410693.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $114.8K $67.73K $41.11K $235.0K $771.8K $210.6K $24.15K $28.31K $36.99K
YoY Change 69.54% 64.75% -82.51% -69.55% 266.44% 772.17% -14.69% -23.47%
% of Gross Profit 96.07% 7790.32%
Operating Expenses $846.0K $915.1K $244.8K $548.5K $1.349M $1.089M $1.297M $1.730M $179.2K $80.52K $60.00K
YoY Change -7.55% 273.81% -55.37% -59.34% 23.9% -16.08% -25.01% 865.53% 122.52% 34.2%
Operating Profit -$516.4K -$388.6K -$392.0K -$821.1K -$1.508M -$869.4K -$1.297M -$1.769M -$300.2K
YoY Change 32.88% -0.86% -52.26% -45.54% 73.41% -32.97% -26.67% 489.27%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Interest Expense $127.0K $116.4K -$107.0K -$92.53K -$73.30K -$52.27K -$23.65K -$1.000K
YoY Change 9.1% -208.77% 15.63% 26.23% 40.23% 121.01% 2265.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Pretax Income -$643.3K -$505.0K -$499.0K -$1.110M -$2.898M -$921.7K -$2.549M -$1.749M -$300.2K -$80.52K -$60.00K
YoY Change 27.4% 1.21% -55.04% -61.71% 214.44% -63.84% 45.7% 482.83% 272.78% 34.2%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$643.3K -$505.0K -$499.0K -$1.110M -$2.898M -$921.7K -$2.549M -$1.749M -$300.2K -$80.52K -$60.00K
YoY Change 27.4% 1.21% -55.04% -61.71% 214.44% -63.84% 45.7% 482.83% 272.78% 34.2%
Net Earnings / Revenue -195.18% -95.92% -110.32% -396.13% -505.76% -184.68% -1931.9% -1171.36% -173.61%
Basic Earnings Per Share -$0.01 -$0.01 -$0.01
Diluted Earnings Per Share -$0.01 -$0.01 -$5.490K -$12.21K -$32.30K -$10.30K -$28.57K -$37.69K -$6.802K -$1.853K -$1.380K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Cash & Short-Term Investments $54.22K $151.7K $139.6K $160.6K $158.1K $125.8K $245.0K $76.37K $542.2K $41.78K $0.00
YoY Change -64.27% 8.71% -13.11% 1.61% 25.7% -48.67% 220.81% -85.92% 1197.82%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $0.00 $105.0K
YoY Change -100.0%
Inventory
Prepaid Expenses
Receivables $17.01K $24.15K $70.95K $32.89K $38.55K $71.13K $108.6K $8.170K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $71.23K $175.9K $210.5K $193.5K $196.6K $196.9K $353.6K $189.5K $542.2K $41.78K $0.00
YoY Change -59.5% -16.45% 8.78% -1.58% -0.13% -44.32% 86.58% -65.04% 1197.82%
Property, Plant & Equipment $386.5K $162.3K $176.6K $220.9K $658.2K $2.465M $2.659M $916.5K $993.6K
YoY Change 138.22% -8.1% -20.06% -66.45% -73.29% -7.31% 190.12% -7.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $88.00K $0.00
YoY Change
Total Long-Term Assets $386.5K $162.3K $176.6K $220.9K $658.2K $2.465M $2.659M $916.5K $993.6K $88.00K $0.00
YoY Change 138.22% -8.1% -20.06% -66.45% -73.29% -7.31% 190.12% -7.76% 1029.09%
Total Assets $457.7K $338.1K $387.1K $414.4K $854.8K $2.661M $3.013M $1.106M $1.536M $129.8K $0.00
YoY Change
Accounts Payable $121.0K $125.7K $139.4K $405.1K $236.8K $101.7K $63.43K $380.4K $7.850K $10.00K
YoY Change -3.67% -9.86% -65.59% 71.07% 132.74% 60.4% -83.33% -21.5%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $50.00K $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $121.0K $125.7K $139.4K $405.1K $236.8K $101.7K $63.43K $442.4K $551.8K $7.850K $10.00K
YoY Change -3.67% -9.86% -65.59% 71.07% 132.74% 60.4% -85.66% -19.82% 6929.68% -21.5%
Long-Term Debt $4.200M $3.900M $3.600M $3.200M $2.700M $1.850M $1.550M $0.00 $0.00 $0.00 $0.00
YoY Change 7.69% 8.33% 12.5% 18.52% 45.95% 19.35%
Other Long-Term Liabilities $1.071M $603.1K $433.3K $96.01K $102.2K $92.85K $76.66K $10.05K $9.130K
YoY Change 77.52% 39.19% 351.33% -6.02% 10.03% 21.12% 662.79% 10.08%
Total Long-Term Liabilities $5.271M $4.503M $4.033M $3.296M $2.802M $1.943M $1.627M $10.05K $9.130K $0.00 $0.00
YoY Change 17.04% 11.65% 22.37% 17.62% 44.23% 19.44% 16085.67% 10.08%
Total Liabilities $5.392M $4.629M $4.173M $3.701M $3.039M $2.045M $1.690M $452.5K $561.0K $7.850K $10.00K
YoY Change 16.48% 10.93% 12.74% 21.79% 48.63% 20.98% 273.53% -19.34% 7045.99% -21.5%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Basic Shares Outstanding 90.88M shares 90.88M shares 90.88M shares
Diluted Shares Outstanding 90.88M shares 90.88M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $3.1809 Million

About Norris Industries, Inc.

Norris Industries, Inc. is an oil and natural gas company, which focuses on the acquisition, development, and exploration of crude oil and natural gas properties in Texas. The company is headquartered in Weatherford, Texas. The company went IPO on 2016-03-14. The firm focuses on the development, production, and maintenance of its crude oil and natural gas properties in Texas. Its principal operating properties are in the Ellenberger formation in Coleman County, and in Jack County and Palo-Pinto County Texas. The company also focuses on developing additional exploration and acquisition projects located within the Bend Arch-Fort Worth Basin and other prime acquisition targets in Central West, South and East Texas. The company also focuses on other acquisition opportunities in the Permian Basin, West Texas, East Texas, and South Texas regions. The company has about 20 gross oil and gas wells in the Jack County and Palo-Pinto County Stuart oil leases. Its 1A Venture property has four gross oil and gas wells. Its 1B Venture property has six gross oil and gas wells. Its Marshall Walden property has six gross oil and gas wells. Its production operations are in the state of Texas.

Industry: Crude Petroleum & Natural Gas Peers: CONOCOPHILLIPS DAYBREAK OIL & GAS, INC. Discovery Energy Corp. Gulf Coast Ultra Deep Royalty Trust NORTHERN MINERALS & EXPLORATION LTD.