NRIS · Norris Industries, Inc. · Debt
$0.13
At close · Sep 22
Return incl. dividend (before tax)
Going-concern doubt
— cleared Oct 13, 2026
The latest filing states the doubt was alleviated.
“The condensed consolidated financial statements of the Company have been prepared on a going concern basis. As of August 31, 2026, the Company incurred a net loss of $403,621 and experienced recurring negative cash flows from operations. However, the Company believes that it has sufficient cash on hand and available funds from its credit line to fund its costs for such expenditures as well as other operating costs, for the 12-month period subsequent to the issuance of these condensed consolidated financial statements.”View the 10-Q filed Oct 13, 2026
Market Cap
$14.19M
Shares
108.25M
Volume · Sep 22
5000
Avg daily vol (4 sessions)
2775
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Notes payable, including current maturities | 2026-08-31 | USD 4,100,000 | 10-Q filed 2026-10-13 |
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Key facts
CIK
1603793