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Norris Industries, Inc. (NRIS) Stock Fundamental Analysis & AI Rating 2026

NRIS OTC Crude Petroleum & Natural Gas NV CIK: 0001603793
Updated This Month • Analysis: Apr 3, 2026 • SEC Data: 2025-11-30
Combined AI Rating
STRONG SELL
92% Confidence
STRONG AGREEMENT
STRONG SELL
95% Conf
STRONG SELL
88% Conf

📊 NRIS Key Takeaways

Revenue: $231.4K
Net Margin: -206.4%
Free Cash Flow: $-421.4K
Current Ratio: 1.02x
Debt/Equity: N/A
EPS: $0.00
AI Rating: STRONG SELL with 95% confidence
Norris Industries, Inc. (NRIS) receives a STRONG SELL rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $231.4K, net profit margin of -206.4%, Norris Industries, Inc. demonstrates mixed fundamentals in the Energy sector. Below is our complete NRIS stock analysis for 2026.

Is Norris Industries, Inc. (NRIS) a Good Investment?

Claude

Norris Industries is in severe financial distress with negative stockholders' equity of $5.3M, indicating liabilities exceed assets by this amount. The company is unprofitable with a -206.4% net margin, burning cash with -$421.4K free cash flow, and shows no meaningful revenue growth or path to profitability. Operations are unsustainable without significant capital injection or restructuring.

ChatGPT

Norris Industries shows persistent operating losses, deeply negative margins, and negative equity with liabilities vastly exceeding assets. Cash burn and negative interest coverage indicate reliance on external financing or restructuring to remain a going concern. With flat revenue and no evident operating leverage, fundamentals point to continued deterioration absent a concrete turnaround plan.

Why Buy Norris Industries, Inc. Stock? NRIS Key Strengths

Claude
  • + Minimal insider selling activity suggests no executive panic exits
  • + Current ratio of 1.02x indicates some short-term liquidity coverage
  • + Small absolute revenue base ($231.4K) means minimal operational complexity
ChatGPT
  • + Current and quick ratios near 1.0 provide a thin short‑term liquidity buffer
  • + Low recent capex limits incremental cash needs in the near term
  • + Existing revenue base provides some platform for potential operational improvements

NRIS Stock Risks: Norris Industries, Inc. Investment Risks

Claude
  • ! Negative stockholders' equity of -$5.3M indicates technical insolvency
  • ! Operating margin of -169.2% and net margin of -206.4% show severe unprofitability
  • ! Negative free cash flow of -$421.4K with only $88.7K cash indicates imminent liquidity crisis
  • ! Total liabilities ($4.9M) dwarf total assets ($335.9K) by 14.6x
  • ! No revenue growth (+0.0% YoY) combined with persistent losses indicates structural problems
  • ! Oil & gas exploration sector exposure adds commodity and operational risk
ChatGPT
  • ! Solvency risk from negative equity and high liabilities vs. assets
  • ! Sustained cash burn and negative interest coverage necessitating dilutive financing or restructuring
  • ! Commodity and operational volatility that could further impair production and cash generation

Key Metrics to Watch

Claude
  • * Cash burn rate and runway until cash depletion
  • * Ability to achieve operational profitability or revenue growth
  • * Debt restructuring or capital raise developments
  • * Stockholders' equity trajectory and solvency status
ChatGPT
  • * Operating cash flow (OCF)
  • * Interest coverage (EBIT/Interest)

Norris Industries, Inc. (NRIS) Financial Metrics & Key Ratios

Revenue
$231.4K
Net Income
$-477.5K
EPS (Diluted)
$0.00
Free Cash Flow
$-421.4K
Total Assets
$335.9K
Cash Position
$88.7K

💡 AI Analyst Insight

Norris Industries, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

NRIS Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -169.2%
Net Margin -206.4%
ROE N/A
ROA -142.1%
FCF Margin -182.1%

NRIS vs Energy Sector: How Norris Industries, Inc. Compares

How Norris Industries, Inc. compares to Energy sector averages

Net Margin
NRIS -206.4%
vs
Sector Avg 12.0%
NRIS Sector
ROE
NRIS 0.0%
vs
Sector Avg 14.0%
NRIS Sector
Current Ratio
NRIS 1.0x
vs
Sector Avg 1.3x
NRIS Sector
Debt/Equity
NRIS 0.0x
vs
Sector Avg 0.6x
NRIS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Norris Industries, Inc. Stock Overvalued? NRIS Valuation Analysis 2026

Based on fundamental analysis, Norris Industries, Inc. has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
N/A
Sector avg: 14%
Net Profit Margin
-206.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Norris Industries, Inc. Balance Sheet: NRIS Debt, Cash & Liquidity

Current Ratio
1.02x
Quick Ratio
1.02x
Debt/Equity
N/A
Debt/Assets
1,464.6%
Interest Coverage
-4.55x
Long-term Debt
N/A

NRIS Revenue & Earnings Growth: 5-Year Financial Trend

NRIS 5-year financial data: Year 2021: Revenue $573.0K, Net Income -$2.9M, EPS N/A. Year 2022: Revenue $452.3K, Net Income -$1.1M, EPS N/A. Year 2023: Revenue $526.4K, Net Income -$498.9K, EPS N/A. Year 2024: Revenue $526.4K, Net Income -$505.0K, EPS $-0.01. Year 2025: Revenue $329.6K, Net Income -$643.3K, EPS $-0.01.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Norris Industries, Inc.'s revenue has declined by 42% over the 5-year period, indicating business contraction. The most recent EPS of $-0.01 indicates the company is currently unprofitable.

NRIS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-182.1%
Free cash flow / Revenue

NRIS Quarterly Earnings & Performance

Quarterly financial performance data for Norris Industries, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $77.0K -$117.9K $0.00
Q1 2026 $92.8K -$167.4K $0.00
Q3 2025 $81.7K -$117.9K $0.00
Q2 2025 $77.0K -$117.9K $0.00
Q1 2025 $81.4K -$169.0K $0.00
Q3 2024 $87.1K -$15.7K $0.00
Q2 2024 $82.6K -$15.7K $0.00
Q1 2024 $81.4K -$140.7K N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Norris Industries, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$396.9K
Cash generated from operations
Capital Expenditures
$24.5K
Investment in assets
Dividends
None
No dividend program

NRIS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Norris Industries, Inc. (CIK: 0001603793)

📋 Recent SEC Filings

Date Form Document Action
Mar 10, 2026 10-Q form10-q.htm View →
Mar 9, 2026 8-K form8-k.htm View →
Feb 26, 2026 8-K form8-k.htm View →
Feb 18, 2026 8-K form8-k.htm View →
Feb 13, 2026 8-K form8-k.htm View →

Frequently Asked Questions about NRIS

What is the AI rating for NRIS?

Norris Industries, Inc. (NRIS) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NRIS's key strengths?

Claude: Minimal insider selling activity suggests no executive panic exits. Current ratio of 1.02x indicates some short-term liquidity coverage. ChatGPT: Current and quick ratios near 1.0 provide a thin short‑term liquidity buffer. Low recent capex limits incremental cash needs in the near term.

What are the risks of investing in NRIS?

Claude: Negative stockholders' equity of -$5.3M indicates technical insolvency. Operating margin of -169.2% and net margin of -206.4% show severe unprofitability. ChatGPT: Solvency risk from negative equity and high liabilities vs. assets. Sustained cash burn and negative interest coverage necessitating dilutive financing or restructuring.

What is NRIS's revenue and growth?

Norris Industries, Inc. reported revenue of $231.4K.

Does NRIS pay dividends?

Norris Industries, Inc. does not currently pay dividends.

Where can I find NRIS SEC filings?

Official SEC filings for Norris Industries, Inc. (CIK: 0001603793) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NRIS's EPS?

Norris Industries, Inc. has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NRIS a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Norris Industries, Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NRIS stock overvalued or undervalued?

Valuation metrics for NRIS: ROE of N/A (sector avg: 14%), net margin of -206.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy NRIS stock in 2026?

Our dual AI analysis gives Norris Industries, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NRIS's free cash flow?

Norris Industries, Inc.'s operating cash flow is $-396.9K, with capital expenditures of $24.5K. FCF margin is -182.1%.

How does NRIS compare to other Energy stocks?

Vs Energy sector averages: Net margin -206.4% (avg: 12%), ROE N/A (avg: 14%), current ratio 1.02 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 3, 2026 | Data as of: 2025-11-30 | Powered by Claude AI